$80,000
SOLD JUL 30, 2025

1405 N 40th St Fort Smith, AR 72904

-- Bed
-- Bath
1,360 Sq Ft
6,804 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

26% Below List Price

65 Days on Market

Highlights

  • Window Unit Cooling System
  • Property is near schools
  • Level Lot
  • Shops
  • Partially Fenced Property
  • Carpet

About This Home

As of July 2025

Money Making Duplex. Rents for $450 per side with plenty of room for increases based on improvements. 1 bedroom 1 bath per side. Updated electrical panels Window Heat Pumps. Off street parking in rear.

Last Agent to Sell the Property

Steven Shoppach

O'Neal Real Estate- Fort Smith License #SA00079289 Listed on: 04/16/2025

Last Buyer's Agent

Ace Morris

ANNU Realty License #PB00087244

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1945

Lot Details

  • 6,804 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Partially Fenced Property
  • Wire Fence
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Assigned Parking

Location

  • Property is near schools
  • City Lot

Schools

  • Sunnymede Elementary School
  • Kimmons Middle School
  • Northside High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 15 / 5
  • Assessor Parcel Number 16441-0015-00005-00

Community Details

Overview

  • 2 Units
  • Rector Place Subdivision

Additional Features

  • Shops
  • Gross Income $5,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$561

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential
  • ResoLaundryFeatures: None
  • ResoLotFeatures: City Lot, Level, Not In Subdivision
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: F3636
  • ResoSpecialListingConditions: None
  • Subdivision Name: Rector Place
  • Directions: From Grand Avenue. Take 40th Street North just past North L Street, duplex will be on the left.
  • Carport Y N: No
  • Reso Flooring: Carpet, Laminate, Vinyl
  • Garage Yn: No
  • Unit Levels: One
  • Reso Roof: Asphalt, Shingle
  • Year Built: 1945
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Stories: 1

Exterior Features

  • Fencing: Partial, Wire
  • Acres: 0.1562
  • Construction Type: Frame, Masonite
  • Exterior Features: Concrete Driveway

Garage/Parking

  • Parking Features: Assigned, Two Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Near Schools, Shopping

Schools

  • Junior High Dist: Fort Smith
  • Ninth Grade High School: Northside
  • Middle Or Junior School: Kimmons

Lot Info

  • Lot Dimensions: 50x137
  • ResoLotSizeUnits: Acres
  • Parcel #: 16441-0015-00005-00

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 5400.0

Tax Info

  • Tax Annual Amount: 561.0
  • Tax Block: 5
  • Tax Lot: 15

MLS Schools

  • Elementary School: Sunnymede

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $80,000 -23.6% $59 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $104,700 -3.0% $77 / Sq Ft
04/16/2025 04/16/25 For Sale $107,900 -- $79 / Sq Ft
Source: Western River Valley Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Steven Shoppach

    O'Neal Real Estate- Fort Smith

    (479) 461-4190

    80 in this area

    248 Total Sales

    Steven Shoppach
    Section Image
  • Ace Morris

    Buyer's Agent in 2025

    Ace Morris

    ANNU Realty

    (479) 806-3008

    15 in this area

    26 Total Sales

    Ace Morris
    Section Image
See All Agents

Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1080333

APN: 16441-0015-00005-00

Arkansas Sebastian County Fort Smith 72904

1405 N 40th St, Fort Smith, AR

This home is located at 1405 N 40th St, Fort Smith, AR 72904 and is currently priced at $80,000, approximately $58 per square foot. This property was built in 1945. 1405 N 40th St is a home located in Sebastian County with nearby schools including Sunnymede Elementary School, Dora Kimmons Junior High School, and Northside High School.

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