$760,000
PENDING

2308 Savannah St Fort Smith, AR 72901

South Fort Smith Neighborhood

Estimated payment $4,443/month

Total Views 10,988
-- Bed
-- Bath
8,308 Sq Ft
$91 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Level Lot
  • Vinyl Flooring
  • Southside High School Rated A

About This Home

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 perfect for conversion into a gym, office, or additional community area. Strong opportunity to raise rents to market levels, maximizing income potential. This property is a great fit for investors looking for a well-maintained asset with immediate cash flow and room for future growth.

Listing Agent

Dakota Medler

Dalrymple Listed on: 04/03/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 1988

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 8,308 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Stove

Community Details

  • 12 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,947

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside City Limits: Yes
  • LVT Date: 04/03/2025
  • Price Per Sq Ft: 91.48
  • Road Surface: Paved
  • Type: Apartments
  • Zoning: RM-3
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1988
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Floors: Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle, Pitch

Garage/Parking

  • Garage/Parking: Assigned

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: 0.5
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Annual Expenses: 28800
  • Tenant Expenses: Electric
  • Maximum Rent One Bedroom: 625
  • Maximum Rent Two Bedroom: 825
  • Minimum Rent One Bedroom: 625
  • Minimum Rent Two Bedroom: 750
  • Number Of One Bedroom Units: 7
  • Number Of Two Bedroom Units: 5
  • Number Units: 12

Tax Info

  • Annual Taxes: 2947

Map

Range of Values:

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Average Value
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List Price
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
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: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25013004

Cooperative Arkansas REALTORS® MLS

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 $760,000, approximately $91 per square foot. This property was built in 1988. 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.

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.

Cooperative Arkansas REALTORS® MLS 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.

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Dakota Medler
Listing Agent
Dakota Medler
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Dalrymple
(479) 378-0280