5105 S 32nd St Fort Smith, AR 72903
South Fort Smith NeighborhoodEstimated payment $142/month
Highlights
- Partially Fenced Property
- Southside High School Rated A
- Level Lot
About This Lot
Exceptional investment opportunity awaits!. This cleared and construction-ready vacant lot is zoned for multifamily development, offering developers and investors flexible options for single-family homes, duplexes, apartments, or multi-unit residential projects in a growing South Fort Smith location.
The property has been fully cleared and prepared for immediate construction, eliminating typical site preparation delays and expenses. A water meter is already installed on-site, providing essential utility infrastructure that saves both time and development costs. The multifamily zoning designation allows for maximum flexibility, whether you envision a custom single-family residence or a profitable multi-unit investment property to meet the strong housing demand in the Fort Smith area.
Located in South Fort Smith, this parcel offers convenient access to local amenities, shopping, dining, and major transportation routes. The area continues to experience growth and development, making this an opportune time to invest in residential real estate in the River Valley region.
This turnkey development site provides a streamlined path to construction with utilities in place and clear title ready for your next project. Whether you are building your dream home, developing a rental property, or creating a multi-unit residential community, this property presents a rare combination of readiness, location, and potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $131
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x140x50x140
- Partially Fenced Property
- Level Lot
- Cleared Lot
- Zoning described as Multi Family
Schools
- Raymond Orr Elementary School
- Ramsey Middle School
- Southside High School
Additional Features
- City Lot
- Not Connected to Sewer
Community Details
- Falconer Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / 5
- Assessor Parcel Number 12491-0002-00005-00
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 |
|---|---|---|---|---|
| 2025 | $143 | $3,000 | $3,000 | -- |
| 2024 | $118 | $2,250 | $2,250 | $0 |
| 2023 | $131 | $2,250 | $2,250 | $0 |
| 2022 | $126 | $2,350 | $2,250 | $100 |
| 2021 | $116 | $2,350 | $2,250 | $100 |
| 2020 | $106 | $2,350 | $2,250 | $100 |
| 2019 | $96 | $1,660 | $1,500 | $160 |
| 2018 | $96 | $1,660 | $1,500 | $160 |
| 2017 | $87 | $1,660 | $1,500 | $160 |
| 2016 | $87 | $1,660 | $1,500 | $160 |
| 2015 | $87 | $1,660 | $1,500 | $160 |
| 2014 | $110 | $2,100 | $1,800 | $300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $25,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Western River Valley Board of REALTORS®
MLS Number: 1085586
APN: 12491-0002-00005-00
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