$756,000
PENDING

2308 Savannah St Fort Smith, AR 72901

South Fort Smith Neighborhood

Estimated payment $4,422/month

Total Views 6,065
-- Bed
-- Bath
8,308 Sq Ft
$91 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Wood Flooring
  • Cooling Available
  • Southside High School Rated A
  • Brick or Stone Mason
  • Heating Available

About This Home

The Pines on Savannah, located at 2308 Savannah Street Fort Smith, AR, is a premier 12 unit investment opportunity. This garden style apartment complex has been remodeled from top to bottom and has a proven track record of steady rent collection. The current ownership group has streamlined operations and rent collection online. Rents have been raised from $485 average to $687 average within 12 months. Based on rental comparables, there seems to be more room to increase the average with time. The unit mix consist of 7 one bedroom/one bathroom ($567 average) units and 5 two bedroom/one bathroom ($806 average) units. The on-site laundry room has been renovated and adds to the net income consistently.

Showings will be conducted on scheduled tour dates. Please do not disturb the residents.

Listing Agent

Joshua Harmon

Harmon Real Estate Company License #PB00080746 Listed on: 08/23/2023

Co-Listing Agent

Joseph Kwo

Harmon Real Estate Company License #SA00083108

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,947

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 72x301
  • Back Yard Fenced

Home Design

  • Brick or Stone Mason
  • Brick Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 8,308 Sq Ft Home
  • 2-Story Property
  • Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Parking

  • Driveway
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 14984-0044-00000-00

Community Details

Overview

  • 12 Units
  • Mazzard Tracts Subdivision

Building Details

  • Gross Income $82,065

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,947

Lot Details

0

Listing Details

  • Reso Property Sub Type: Apartment
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Subdivision
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: F3678
  • Co List Office Phone: 479-763-1288
  • Co List Office Mls Id: F3678
  • Subdivision Name: Mazzard Tracts
  • Directions: From Phoenix Ave. turn S on S 24th St. Turn W on Savannah St.
  • Carport Y N: No
  • Reso Flooring: Vinyl, Wood
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Roof: Architectural, Shingle
  • Year Built Details: Age Unknown
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Acres: 0.5
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes

Lot Info

  • Lot Dimensions: 72x301
  • ResoLotSizeUnits: Acres
  • Parcel #: 14984-0044-00000-00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12
  • Annual Gross Income: 82065.0

Tax Info

  • Tax Annual Amount: 2947.0
  • Tax Block: .
  • Tax Lot: 44

Map

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
06/21/2025 06/21/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $760,000 +0.5% $91 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $756,000 -- $91 / Sq Ft
Source: Western River Valley Board of REALTORS®

Similar Home in Fort Smith, AR

  • 2308 Savannah St, Fort Smith, AR 72901

    $760,000

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    This fully updated 12-unit apartment complex serves as a fantastic investment opportunity. Located in a prime area, this property consists of 7 one-bedroom units and 5 two-bedroom units, offering a diverse tenant mix and strong demand for rental space. The on-site laundry room provides convenient amenities for residents. There is an additional vacant room that can be used as a versatile space

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Source: Western River Valley Board of REALTORS®

MLS Number: 1067140

Arkansas Sebastian County Fort Smith 72901 South Fort Smith

2308 Savannah St, Fort Smith, AR

This home is located at 2308 Savannah St, Fort Smith, AR 72901 and is currently priced at $756,000, approximately $90 per square foot. 2308 Savannah St is a home located in Sebastian County with nearby schools including Carnall Elementary School, Ramsey Junior High School, and Southside High School.

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Joshua Harmon
Listing Agent
Joshua Harmon
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Harmon Real Estate Company
(479) 275-4652