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Cavanaugh Multifamily Home for Sale

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    $500,000

    • 5,016 Sq Ft

    928 Holly St, Fort Smith, AR 72908

    Two 4-Plexes, 8 Units Total. Great Investment Opportunity! This is a rare opportunity to purchase Two 4-plexes sold as a package, with a total of 8 units. Currently, 1 unit is rented at $800/month, offering immedite cash flow, while the remaining units are vacant and ready for renovation or lease-up. Each unit features 1 bedrm,1 bath, with individual electrical meters and water. Sitting on 1/3

    Tammy Morse Envision Real Estate Group, LLC

    928 Holly St, Fort Smith, AR 72908

Why Live in Cavanaugh

Because of its location in southern Fort Smith, Cavanaugh residents enjoy less noise than the rest of the city while accessing all its amenities. “With the layout of the town, you’re not sacrificing accessibility to any of the other stuff people need in their life,” says Nicolas McFarland, Realtor with KCP Real Estate, LLC. “Grocery stores, schools and entertainment – you’re not removed from that.” Downtown Fort Smith is about a 5-mile drive, meaning homes are just minutes from some of the city’s most popular restaurants. A few manufacturing facilities, like QualServ Solutions, are in the area. Towering trees shade the grassy lawns of older developments in Cavanaugh. “You’re looking at a little bit more dated stuff,” McFarland says. “That was more of the deluxe area back in the 1980s.” Driveways branch off the roads, leading to small garages and carports. The neighborhood primarily consists of single-story homes, whether that is ranch-style houses from the mid-to-late 20th century or brick New Traditionals. Prices generally range from $130,000 to $340,000, depending on size. Nearly half of the residents are renters. Monthly payments for a three-bedroom house can fall between $950

Home Trends in Cavanaugh, AR

Housing Trends

Median Sale Price
$197,750
Median Single Family Sale Price
$197,750
Average Price Per Sq Ft
$134
Number of Homes for Sale
8
Last 12 months Home Sales
66
Months of Supply
1.50
Median List Price
$204,949
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
5%
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