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Fort Smith, AR Multifamily Homes & Duplexes for Sale

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  • 1301 N 38th St, Fort Smith, AR 72904
    1301 N 38th St, Fort Smith, AR 72904
    1301 N 38th St, Fort Smith, AR 72904
    /17

    $189,000

    • 2,474 Sq Ft

    1301 N 38th St, Fort Smith, AR 72904

    Investment Opportunity. This two story fourplex features Unit #1, 1 bed /1 bath with new paint. Unit #2, 1 bed / 1 bath with new paint, floors and remodeled bathroom. Second floor Unit #3, studio 1 bath with new paint. Unit #4 2bed/ 1 bath new flooring and paint. All units share common area entry. Parking is in the back of complex.

    Agent Photo

    Ashley Rogers

    Marsha Rogers Realty, Inc.

    (479) 317-8988

    1301 N 38th St, Fort Smith, AR 72904
  • 1520 S U St, Fort Smith, AR 72901
    1520 S U St, Fort Smith, AR 72901
    1520 S U St, Fort Smith, AR 72901
    /26

    $367,000

    • 3,379 Sq Ft

    1520 S U St, Fort Smith, AR 72901

    This 2017 construction 4-plex is ready for a new investor! Newly installed stair system, new piers on patio with retaining wall to prevent erosion. If you are searching for a newer 4-plex for your portfolio, this is it. Fully occupied (but have 1 unit that could be opened for a VA/FHA loan) with easy access to Townson Ave and all it provides. Each unit includes a laundry room with washer/dryer

    Agent Photo

    Michael Mulhern

    Keller Williams Platinum Realty

    (479) 339-5030

    1520 S U St, Fort Smith, AR 72901
  • 1017 S 22nd St, Fort Smith, AR 72901
    1017 S 22nd St, Fort Smith, AR 72901
    1017 S 22nd St, Fort Smith, AR 72901
    /40

    $349,000

    • 3,958 Sq Ft

    1017 S 22nd St, Fort Smith, AR 72901

    Welcome to 1017 S 22nd Street — a charming, well-maintained four-plex nestled in the historic Fitzgerald District. Each unit features 2 spacious bedrooms and 1 full bath, offering a comfortable layout perfect for long-term tenants or short-term.Step inside to discover bright living spaces, fully equipped kitchens with refrigerators, stoves, and dishwashers, and cozy bedrooms with plenty

    Vanessa Ellsworth Better Homes and Gardens Real Estate Journey Bento

    1017 S 22nd St, Fort Smith, AR 72901
  • 500 S 20th St, Fort Smith, AR 72901
    500 S 20th St, Fort Smith, AR 72901
    500 S 20th St, Fort Smith, AR 72901
    /11

    $249,000

    • 3,225 Sq Ft

    500 S 20th St, Fort Smith, AR 72901

    Dual income potential with this recently updated commercial space (1872 sf) With a potential rent of $1500. AND a 1 bed/1bath Duplex (1353 sf) Rents $400/450 on the same lot. Commercial building Zoned C-2 is ready for occupancy with fresh paint and flooring throughout (office,retail,medical,restaurant) and includes a large open reception area, front office, three private office spaces and a

    Ashley Boyd The Heritage Group Real Estate

    500 S 20th St, Fort Smith, AR 72901
  • 928 Holly St, Fort Smith, AR 72908
    928 Holly St, Fort Smith, AR 72908
    928 Holly St, Fort Smith, AR 72908
    /10

    $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 immediate 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 . Sitting on 1/3 of an acre

    Tammy Morse Envision Real Estate Group, LLC

    928 Holly St, Fort Smith, AR 72908
  • 1101 N 6th St Unit A & B, Fort Smith, AR 72901
    1101 N 6th St Unit A & B, Fort Smith, AR 72901
    1101 N 6th St Unit A & B, Fort Smith, AR 72901
    /23

    $190,000

    • 1,664 Sq Ft

    1101 N 6th St Unit A & B, Fort Smith, AR 72901

    Investment opportunity. 4 total units on one lot, front duplex has 2 bed 1 bath on each side bringing in $850/month per side. Lots of updates in this one including new siding, new roof, side windows, flooring and paint. Back building had a small fire in downstairs unit & needs work but has income potential once fixed up, building includes 2 studio apartments 1 bed 1 bath in each. Large fenced

    Katie Carr Kevin Clifton Real Estate, INC.

    1101 N 6th St Unit A & B, Fort Smith, AR 72901
  • 515 N 12th St Unit A & B, Fort Smith, AR 72901
    515 N 12th St Unit A & B, Fort Smith, AR 72901
    515 N 12th St Unit A & B, Fort Smith, AR 72901
    /18

    $130,000

    • 1,628 Sq Ft

    515 N 12th St Unit A & B, Fort Smith, AR 72901

    2 bed 1 bath on each side.All electric.Each unit has its own central heat/air, water heater, washer dryer connection, & electric. Units are rented for $775/month.Selling AS-IS

    Katie Carr Kevin Clifton Real Estate, INC.

    515 N 12th St Unit A & B, Fort Smith, AR 72901
  • 2522 & 2524 S Q St, Fort Smith, AR 72901
    2522 & 2524 S Q St, Fort Smith, AR 72901
    /2

    $195,000

    • 1,568 Sq Ft

    2522 & 2524 S Q St, Fort Smith, AR 72901

    Duplex for sale on a great location! 2 bedrooms, 1 bath each, with excellent rental history, currently bringing $18K Gross Annual Income & room for increase. Tenant pays for utilities. This is a great opportunity for investors & homeowners alike! 24 Hr. notice required to show. Tenant Occupied. Pre-qualification letter and/or proof of funds required to show. Property is being sold as is.

    Geovanni Pineda Fathom Realty

    2522 & 2524 S Q St, Fort Smith, AR 72901
  • 2308 N 50th St, Fort Smith, AR 72904
    2308 N 50th St, Fort Smith, AR 72904
    2308 N 50th St, Fort Smith, AR 72904
    /50

    $275,000

    • 2,726 Sq Ft

    2308 N 50th St, Fort Smith, AR 72904

    Welcome to 2308 N 50th Street in Fort Smith. This duplex offers over 2,700 square feet of total living space and sits on a large 0.98 acre lot. Roof is new! All new plumbing and electrical throughout. Zoned RM-3. The first unit is a 3 bedroom and 2 bathroom, and the second unit is 3 bedroom and 1 bathroom. Each unit has mini-split systems in every room. Whether you're looking to

    Ian Rogers Chuck Fawcett Realty FSM

    2308 N 50th St, Fort Smith, AR 72904
  • 3014 S 14th St, Fort Smith, AR 72901
    3014 S 14th St, Fort Smith, AR 72901
    3014 S 14th St, Fort Smith, AR 72901
    /27

    $210,000

    • 1,683 Sq Ft

    3014 S 14th St, Fort Smith, AR 72901

    All electric 4 bed 4 bath DUPLEX, each side has 2 full bathrooms! Conveniently located just off of Towson Avenue in the middle of Fort Smith. One side is freshly remodeled with new flooring and paint throughout and the deck was freshened up also. The roof is less than 2 years old. The north side unit was rented, but the tenant was evicted and damages are actively being fixed. That side also has a

    Casey Jones Keller Williams Platinum Realty

    3014 S 14th St, Fort Smith, AR 72901
  • 2705 Hardie Ave, Fort Smith, AR 72901
    2705 Hardie Ave, Fort Smith, AR 72901
    2705 Hardie Ave, Fort Smith, AR 72901
    /25

    $399,000

    • 1,744 Sq Ft

    2705 Hardie Ave, Fort Smith, AR 72901

    TOTALLY NEW FROM FLOORS TO CEILING AND WALLS TO WIRING. This Duplex is beautiful inside and out. All new appliances, windows and doors. Nice fenced in back yard with both units having their own patio for privacy. Unit A is 2 bed with 1 full bath and a 1/2 bath upstairs. Unit B 2 Bed and 1 bath all on the same floor, both units have large kitchens with lots of storage and large bathrooms and

    Laura Moore Keller Williams Platinum Realty

    2705 Hardie Ave, Fort Smith, AR 72901
  • 2200 S M St, Fort Smith, AR 72901
    2200 S M St, Fort Smith, AR 72901
    2200 S M St, Fort Smith, AR 72901
    /22

    $308,000

    • 2,936 Sq Ft

    2200 S M St, Fort Smith, AR 72901

    Welcome to a prime quadplex investment opportunity in the heart of the River Valley. Pricedcompetitively this property offers tremendous value with two 1-bedroom units and two 2-bedroom units,catering to diverse tenant needs. Ideally located, this quadplex is close to everything Fort Smith has tooffer. Residents will enjoy easy access to shopping, dining, parks, and entertainment,

    The Cordova Team Exit Realty Harper Carlton Group

    2200 S M St, Fort Smith, AR 72901
  • 2016 S V St, Fort Smith, AR 72901
    2016 S V St, Fort Smith, AR 72901
    2016 S V St, Fort Smith, AR 72901
    /23

    $299,000

    • 2,119 Sq Ft

    2016 S V St, Fort Smith, AR 72901

    $30,000 UPGRADES in 2025!! This brick and siding duplex is nestled in the quiet Parkhill neighborhood of south Fort Smith. Each unit has 1090 square feet that include: NEW ARCHITECTURAL ROOF IN 2025! NEW COMPLETE HVAC SYSTEMS IN BOTH UNITS IN 2025! NEW EXTERIOR PAINTING IN 2024!ALL NEW EXTERIOR LIGHTING IN 2025!RECENT OGE WEATHERIZATION FOR SUPER LOW UTILITY BILLS! Two bedrooms Kitchen with all

    James Vitale Housing Hotline

    2016 S V St, Fort Smith, AR 72901
  • 904 S 17th St, Fort Smith, AR 72901
    904 S 17th St, Fort Smith, AR 72901
    904 S 17th St, Fort Smith, AR 72901
    /31

    $150,000

    • 1,562 Sq Ft

    904 S 17th St, Fort Smith, AR 72901

    Attention investors, entrepreneurs, and like-minded individuals. Presenting a proven long-term income-generating property. Conveniently situated near numerous local amenities, including schools, shopping centers, parks, and healthcare facilities. Additionally, it offers easy access to major roadways, facilitating transportation to all points of Fort Smith and the Greater River Valley.The property

    Jeff Marks Weichert, REALTORS® - The Griffin Company

    904 S 17th St, Fort Smith, AR 72901
  • 617 & 619 S 23rd St, Fort Smith, AR 72901
    617 & 619 S 23rd St, Fort Smith, AR 72901
    617 & 619 S 23rd St, Fort Smith, AR 72901
    /8

    $176,000

    • 1,792 Sq Ft

    617 & 619 S 23rd St, Fort Smith, AR 72901

    Income producing properties. Recently updated to include new roof, paint, and updated kitchens and baths. Tenants responsible for all utilities. Can be sold as a package with 621 & 623 S 23rd.

    Steven Shoppach O'Neal Real Estate- Fort Smith

    617 & 619 S 23rd St, Fort Smith, AR 72901
  • 621 & 623 S 23rd St, Fort Smith, AR 72901
    621 & 623 S 23rd St, Fort Smith, AR 72901
    621 & 623 S 23rd St, Fort Smith, AR 72901
    /8

    $156,000

    • 1,816 Sq Ft

    621 & 623 S 23rd St, Fort Smith, AR 72901

    Income producing properties. Recently updated to include new roof, paint, and updated kitchens and baths. Tenants responsible for all utilities. Can be sold as a package with 617 & 619 S 23rd

    Steven Shoppach O'Neal Real Estate- Fort Smith

    621 & 623 S 23rd St, Fort Smith, AR 72901
  • 2905 Alabama Ave, Fort Smith, AR 72901
    2905 Alabama Ave, Fort Smith, AR 72901
    2905 Alabama Ave, Fort Smith, AR 72901
    /12

    $114,900

    • 1,423 Sq Ft

    2905 Alabama Ave, Fort Smith, AR 72901

    Duplex right off Grand Ave, Close to UAFS College. Both units Occupied.

    Matthew Yancey Matthew Yancey Insurance & Real Estate, Inc.

    2905 Alabama Ave, Fort Smith, AR 72901
  • 6500 Dallas St, Fort Smith, AR 72903
    6500 Dallas St, Fort Smith, AR 72903
    6500 Dallas St, Fort Smith, AR 72903
    /11

    $245,000

    • 2,329 Sq Ft

    6500 Dallas St, Fort Smith, AR 72903

    This beautiful well-maintained duplex is a fantastic investment opportunity. Located in a highly desirable area near shopping, dining and entertainment, convenience is at your doorstep. Upgrades enhance the home's appeal, proving modern touches while maintaining its charm. Each unit provides open living and updated kitchens. This duplex is a must see. Tenants pay all utilities and owner provides

    Alicia Arnold AROK Realty, LLC

    6500 Dallas St, Fort Smith, AR 72903
  • 1700 N D St, Fort Smith, AR 72901
    1700 N D St, Fort Smith, AR 72901
    1700 N D St, Fort Smith, AR 72901
    /10

    $390,000

    • 3,751 Sq Ft

    1700 N D St, Fort Smith, AR 72901

    Great Investment opportunity in the heart of Ft Smith! Close to restaurants, shopping,and downtown area. Great rental history with all units full, newer roof, appliances, newer flooring, paint, and more.

    Brad Alverson Bradford & Udouj Realtors

    1700 N D St, Fort Smith, AR 72901
  • 1114 N 35th St, Fort Smith, AR 72904
    1114 N 35th St, Fort Smith, AR 72904
    1114 N 35th St, Fort Smith, AR 72904
    /23

    $135,000

    • 1,560 Sq Ft

    1114 N 35th St, Fort Smith, AR 72904

    This duplex has has had one owner the last 23 years and it has been well maintained. Each unit has its own Navien tankless water heater, window a/c unit, radiant space heater, and washer/dryer connections. The duplex has been heavily insulated within the last 10 years and the roof was replaced within the last 5 years. There is parking for both units off the ally way in the back. Must show

    Chris Hosier Warnock Real Estate LLC

    1114 N 35th St, Fort Smith, AR 72904
  • 2420 S Q St, Fort Smith, AR 72901
    2420 S Q St, Fort Smith, AR 72901
    2420 S Q St, Fort Smith, AR 72901
    /7

    $368,500

    • 4,567 Sq Ft

    2420 S Q St, Fort Smith, AR 72901

    Investment opportunity in the desirable Park Hill neighborhood, 4 total units with great income potential. Each unit features 2 bedrooms and 1 1/2 bathrooms Property is all Brick. Tenants will appreciate the ample parking options, including 4 covered spots and additional uncovered spaces.With a potential yearly gross income of over $37,000, this investment promises lucrative returns. The

    Juan Beltran Epique Realty

    2420 S Q St, Fort Smith, AR 72901
  • 700 N 12th St, Fort Smith, AR 72901
    700 N 12th St, Fort Smith, AR 72901
    700 N 12th St, Fort Smith, AR 72901
    /17

    $300,000

    • 5,578 Sq Ft

    700 N 12th St, Fort Smith, AR 72901

    *****Attention Investors*****NEW ROOF2 Multi-Family Properties & PLUS a property that boasts over 1500 sq. ft. These properties are on 2 separate parcels. The 1st property's address is 700 N 12th St, comprising or 4 units. All 4 of the units are 2 bedroom with one full bathroom. 2 of the units have been rehabbed with all new water resistant flooring (LVP), new paint & other upgrades.The 2nd

    Delores Wheat Diamond Real Estate & Property Management

    700 N 12th St, Fort Smith, AR 72901
  • 1022 S 20th St, Fort Smith, AR 72901
    1022 S 20th St, Fort Smith, AR 72901
    1022 S 20th St, Fort Smith, AR 72901
    /22

    $250,000

    • 2,690 Sq Ft

    1022 S 20th St, Fort Smith, AR 72901

    Rare investment opportunity featuring two separate duplexes on one parcel, offering a total of four one-bedroom, one-bath units.One Completely Remodeled Duplex: (Rented)This modernized duplex with thoughtful upgrades, including custom cabinetry, tile flooring, and efficient PTAC heating and cooling systems. Each unit is designed for comfort and convenience, offering washer and dryer connections

    Team Salsbury AROK Realty, LLC

    1022 S 20th St, Fort Smith, AR 72901
  • 517 N 31st St, Fort Smith, AR 72903
    517 N 31st St, Fort Smith, AR 72903
    517 N 31st St, Fort Smith, AR 72903
    /13

    $400,000

    • 2,936 Sq Ft

    517 N 31st St, Fort Smith, AR 72903

    Attention Investors: Eight-1 bedroom 1 bathroom apartments. Owner pays water, and trash, Tenants pay electric, some units have been updated with vinyl plank flooring and paint throughout, each four-plex is equipped with coin operated washer/dryer.

    Team Salsbury AROK Realty, LLC

    517 N 31st St, Fort Smith, AR 72903
  • 5600 Spradling Ave, Fort Smith, AR 72904
    5600 Spradling Ave, Fort Smith, AR 72904
    5600 Spradling Ave, Fort Smith, AR 72904
    /28

    $549,000 New Construction

    • 3,488 Sq Ft

    5600 Spradling Ave, Fort Smith, AR 72904

    Turnkey Multifamily Investment Opportunity!This newly constructed multifamily property features two duplexes with a total of four fully leased units. Each 2-bedroom, 2-bathroom unit boasts modern aesthetics, quartz countertops, sealed concrete flooring, and comes equipped with a refrigerator and washer/dryer connections. Perfect for investors seeking immediate rental income with minimal

    Amanda Richmond McGraw REALTORS

    5600 Spradling Ave, Fort Smith, AR 72904
Arkansas Fort Smith

Multi-Family Homes & Duplexes for Sale in Fort Smith, AR

Why Live in Fort Smith

Fort Smith's rich frontier heritage comes alive at the Fort Smith National Historic Site, where visitors can explore two preserved 19th-century military forts and walk the Trail of Tears overlook. The city's cultural scene flourishes through The Unexpected Project's striking downtown murals and regular performances at the Fort Smith Little Theatre. Outdoor recreation spans 30 parks, including Ben Geren Regional Park with its golf courses and trail system. The Arkansas Riverwalk provides scenic paths along the water, while Creekmore Park delights families with its seasonal Creekmore Express Train. The Fort Smith housing market features diverse options across distinct neighborhoods. Single-family homes in upscale Fianna Hills command a median price of $313,500, while historic Downtown Fort Smith homes have a median price of $151,300. The Massard area, known for newer construction, shows a median price of $234,000. Citywide, the median single-family home price sits at $225,000, with townhomes at $262,500. One-bedroom condos have a median price of $113,800, while two-bedroom units reach $185,000. Property taxes in Fort Smith remain competitive at 0.65% for Sebastian County, comparing favorably to nearby Van Buren at 0.53%. The combined sales tax rate totals 9.46%, including a 6.50% state rate and 2.96% local rate. The education system includes several highly rated schools such as East Hills Middle School and Southside High School, both earning A ratings. The University of Arkansas Fort Smith adds higher education opportunities. Public transportation includes Fort Smith Transit bus service and the Fort Smith Regional Airport connecting to major hubs. The local economy thrives on manufacturing, healthcare, and transportation sectors, with major employers including ArcBest Corporation and OK Foods.
Learn more about living in Fort Smith

Home Trends in Fort Smith, AR

On average, homes in Fort Smith, AR sell after 113 days on the market compared to the national average of 70 days. The median sale price for homes in Fort Smith, AR over the last 12 months is $270,000, up 31% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$270,000
Median Single Family Sale Price
$270,000
Median 2 Bedroom Sale Price
$228,000
Average Price Per Sq Ft
$170
Number of Homes for Sale
32
Last 12 months Home Sales
372
Months of Supply
1.00
Median List Price
$289,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
31%
How to Buy a Home How to Finance a Home How to Sell a Home

In Fort Smith, there are currently 25 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $114,900 to $549,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Fort Smith is $289,900, while the average sale price is $340,635, offering insights into the local housing market. On average, multi-family homes spend 113 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Fort Smith, AR.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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