500 S 20th St Fort Smith, AR 72901
Estimated payment $1,477/month
Highlights
- Corner Lot
- Central Heating and Cooling System
- Carpet
- Brick or Stone Mason
- Brick Driveway
- 1-Story Property
About This Home
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 kitchen/break/conference room. Both buildings have brand new roofs and low maintenance brick. All 3 units are rented.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,120
Year Built
- Built in 1940
Lot Details
- 7,000 Sq Ft Lot
- Lot Dimensions are 50x140
- Corner Lot
Home Design
- Duplex
- Brick or Stone Mason
- Slab Foundation
- Built-Up Roof
- Metal Roof
Interior Spaces
- 3,225 Sq Ft Home
- 1-Story Property
- Fire and Smoke Detector
- Electric Dryer Hookup
Flooring
- Carpet
- Vinyl
Parking
- Brick Driveway
- On-Street Parking
- Parking Lot
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
- Fiber Optics Available
- Phone Available
- Cable TV Available
Community Details
- 3 Units
- Gross Income $10,200
Listing and Financial Details
- Legal Lot and Block 12 / EE
- Assessor Parcel Number 12763-0012-00305-00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $1,013 | $19,290 | $1,050 | $18,240 |
2023 | $1,120 | $19,290 | $1,050 | $18,240 |
2022 | $1,120 | $19,290 | $1,050 | $18,240 |
2021 | $1,120 | $19,290 | $1,050 | $18,240 |
2020 | $1,120 | $19,290 | $1,050 | $18,240 |
2019 | $1,329 | $22,890 | $1,050 | $21,840 |
2018 | $1,329 | $22,890 | $1,050 | $21,840 |
2017 | $1,202 | $22,890 | $1,050 | $21,840 |
2016 | $1,202 | $22,890 | $1,050 | $21,840 |
2015 | $1,202 | $22,890 | $1,050 | $21,840 |
2014 | $1,465 | $27,910 | $3,990 | $23,920 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/21/2025 07/21/25 | For Sale | $249,000 | -0.4% | $77 / Sq Ft |
04/03/2025 04/03/25 | Price Changed | $249,900 | -7.4% | $77 / Sq Ft |
12/10/2024 12/10/24 | For Sale | $269,900 | -- | $84 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $240,000 | None Listed On Document | |
Trustee Deed | -- | None Available | |
Warranty Deed | $150,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $216,000 | New Conventional | |
Previous Owner | $135,000 | Seller Take Back |
Source: Western River Valley Board of REALTORS®
MLS Number: 1077824
APN: 12763-0012-00305-00
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