$350,000

509 and 509 1/2 S Wood Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated payment $1,942/month

Total Views 100
-- Bed
-- Bath
1,793 Sq Ft
$195 Price per Sq Ft

Highlights

  • Very Popular Property
  • 0.31 Acre Lot
  • Double Pane Windows
  • Washington Elementary School Rated 9+
  • Wood Flooring
  • 4-minute walk to Jefferson Park

About This Home

Wow, what a great opportunity! This 2B/1B duplex is located in the hot area of south Fayetteville and has so much to offer. The unit on the south side has been remodeled for living but the north side needs to be completely redone. Great for investors or someone who could live in the finished one while working on the other one. Sold as is. Agent owned.

Listing Agent

Landra Bench

Collier & Associates Brokerage Phone: 479-879-4332 License #EB00057354 Listed on: 12/05/2025

Collier & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1973

Home Design

  • Duplex
  • Shingle Roof
  • Architectural Shingle Roof
  • Cedar

Interior Spaces

  • 1,793 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • 0.31 Acre Lot
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 4 / E.F.

Community Details

Overview

  • 2 Units
  • Norwood Ef Add Subdivision

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,277

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Norwood Ef Add
  • Directions: In Fayetteville, from the intersection of School (71B) and MLK, go east on MLK for .6 mile. At the stop sign (Wood), turn left and duplex is .1 mile on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Property Sub Type Additional: Duplex,Multi Family
  • Attribution Contact: 479-879-4332
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: None
  • Living Area: 1793.0
  • Window Features: Double Pane Windows, Vinyl

Exterior Features

  • Fencing: None
  • Lot Features: Central Business District, City Lot, Subdivision
  • Disclosures: Seller Disclosure
  • Construction Type: Cedar
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Schools
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Fayetteville

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0

Tax Info

  • Tax Annual Amount: 1277.0
  • Tax Block: E.F.
  • Tax Lot: 4

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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
2025 $1,384 $40,500 $15,000 $25,500
2024 $1,275 $40,500 $15,000 $25,500
2023 $1,188 $40,500 $15,000 $25,500
2022 $1,080 $26,550 $10,000 $16,550
2021 $997 $26,550 $10,000 $16,550
2020 $914 $26,550 $10,000 $16,550
2019 $831 $14,340 $4,050 $10,290
2018 $831 $14,340 $4,050 $10,290
2017 $824 $14,340 $4,050 $10,290
2016 $824 $14,340 $4,050 $10,290
2015 $765 $14,340 $4,050 $10,290
2014 $683 $11,510 $4,050 $7,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2025 11/28/25 For Sale $350,000 -- $195 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed -- --
Warranty Deed $87,000 --
Warranty Deed -- --
Source: Public Records

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1329473

Northwest Arkansas Board of REALTORS®

APN: 765-08907-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

509 and 509 1/2 S Wood Ave, Fayetteville, AR

For Sale

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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Landra Bench
Listing Agent
Landra Bench
Section Image
Collier & Associates
(479) 346-5937