NOT LISTED FOR SALE

1701 N Lewis Ave Fayetteville, AR 72703

Asbell Neighborhood
-- Bed
-- Bath
20,544 Sq Ft
0.94 Acres

Last Sold November 08, 2023

Last sale price $1,800,000 $88 Per Sq Ft

15 Days on Market

Highlights

  • 0.94 Acre Lot
  • Ceramic Tile Flooring
  • Level Lot
  • Holt Middle School Rated A-
  • Central Heating and Cooling System
  • 4-minute walk to Lewis Soccer Complex

About This Home

As of November 2023

26 unit apartment complex in fantastic location. .7 Miles from new Fayetteville Police Station and I-49. 2.6 miles to UofA campus. Two story complex with (25) 2bed/1bath units and (1) 1bed/1bath units. This is a value add complex in the Opportunity Zone. Financials and rent roll available upon vetting potential buyers. Onsite laundry facility. Just under 1-acre total lot.

Last Agent to Sell the Property

Ryan Russell

Equity Partners Realty License #EB00056667 Listed on: 07/13/2023

Last Buyer's Agent

Katie Dabbs

Flyer Homes Real Estate Company - Springdale License #SA00086389

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,831

Year Built

  • Built in 1972

Lot Details

  • 0.94 Acre Lot
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 20,544 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

Overview

  • 26 Units
  • University Acres Sub Subdivision

Building Details

  • Gross Income $120,620

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,831

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.937
  • Road Frontage Type: Public Road
  • Subdivision Name: University Acres Sub
  • Directions: I-49 take the Steven Carr Memorial Blvd Exit (Porter Rd). Go east and follow round about to Deane St. Right on Lewis. Right into apartment complex.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 25 Years or older
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Apartment,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1972

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank, Vinyl
  • Interior Amenities: None
  • Living Area: 20544.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Level
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Parking Features: Other, Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital, Near Schools

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 26
  • Number Of Units Total: 26
  • Annual Gross Income: 120620.0

Tax Info

  • Tax Annual Amount: 9831.0
  • Tax Block: 0
  • Tax Lot: 0

Range of Values:

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Average Value
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Sold Price
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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
11/08/2023 11/08/23 Sold $1,800,000 -30.8% $88 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $2,600,000 +203.4% $127 / Sq Ft
07/11/2014 07/11/14 Sold $857,000 +17.4% --
06/11/2014 06/11/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $730,000 -- --
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ryan Russell

    Equity Partners Realty

    (479) 466-6177

    1 in this area

    63 Total Sales

    Section Image
  • Katie Dabbs

    Buyer's Agent in 2023

    Katie Dabbs

    Flyer Homes Real Estate Company - Springdale

    (479) 387-6552

    1 in this area

    77 Total Sales

    Section Image

  • W

    Seller's Agent in 2014

    Whitney Morgan

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 236-0050

    88 Total Sales

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1250867

Northwest Arkansas Board of REALTORS®

Arkansas Washington County Fayetteville 72703 Asbell

1701 N Lewis Ave, Fayetteville, AR

This home is located at 1701 N Lewis Ave, Fayetteville, AR 72703 since 13 July 2023. This property was built in 1972. 1701 N Lewis Ave is a home located in Washington County with nearby schools including Asbell Elementary School, Holt Middle School, and Woodland Junior High School.

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.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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