$235,000
$30K PRICE DROP

5218 Elm St Fort Smith, AR 72904

Estimated payment $1,296/month

Total Views 2,039
-- Bed
-- Bath
3,200 Sq Ft
$73 Price per Sq Ft

Highlights

  • 0.46 Acre Lot
  • Porch
  • Floor Furnace
  • No HOA
  • Window Unit Cooling System
  • Wood Burning Fireplace

About This Home

Welcome to 5218–5220 Elm St in Fort Smith a great opportunity for investors or owner occupants seeking income potential and flexibility. This property features three separate units, each with its own entrance, offering strong potential for rental income or multi-unit living arrangements. The units offer practical layouts with comfortable living spaces and natural light. Situated on a manageable lot, the property provides convenient access to shopping, dining, and major roadways, supporting consistent rental appeal. Ideal for expanding an investment portfolio or generating additional income, this multi-unit property offers versatility and long-term potential in a convenient Fort Smith location.

Listing Agent

Clara Woodruff

Riverstone Realty License #SA00100884 Listed on: 04/01/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1930

Lot Details

  • 20,038 Sq Ft Lot
  • Lot Dimensions are 75x112
  • Back Yard Fenced

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Range
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • Assigned Parking

Outdoor Features

  • Porch

Schools

  • Spradling Elementary School
  • Kimmons Middle School
  • Northside High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Stough's Electric Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 8
  • Assessor Parcel Number 17519-00008-00006-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$600

Year Built

Built in 1930

Lot Details

0.46 Acres

Listing Details

  • Reso Property Sub Type: Triplex
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Other, See Remarks
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: O26021
  • ResoSpecialListingConditions: None
  • Subdivision Name: Stough's Electric Park
  • Directions: Take the Grand Ave exit and head west on Grand Ave. Continue on Grand Ave for about 2–3 miles heading west. Turn left onto N 50th St. Drive south on N 50th St for a short distance. Turn right onto Elm St. Continue down Elm St until you reach 5218 Elm St.
  • Carport Y N: No
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Roof: Asphalt, Shingle
  • Year Built Details: 25 Years or older
  • Year Built: 1930
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Appliances: Some Gas Appliances, Gas Water Heater, Range
  • Fireplace Features: Gas Log, Wood Burning
  • Stories: 2

Exterior Features

  • Fencing: Back Yard
  • Acres: 0.46
  • Waterfront Features: None
  • Construction Type: Frame
  • Exterior Features: Concrete Driveway, Gravel Driveway
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Floor Furnace, Gas
  • HeatingYN: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fort Smith
  • Ninth Grade High School: Northside
  • Middle Or Junior School: Kimmons

Lot Info

  • Lot Dimensions: 75X112
  • ResoLotSizeUnits: Acres
  • Parcel #: 17519-00008-00006-00

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 600.0
  • Tax Block: 8
  • Tax Lot: 8

MLS Schools

  • Elementary School: Spradling

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $592 $16,360 $3,000 $13,360
2024 $487 $9,270 $1,800 $7,470
2023 $538 $9,270 $1,800 $7,470
2022 $538 $9,270 $1,800 $7,470
2021 $507 $9,270 $1,800 $7,470
2020 $465 $9,270 $1,800 $7,470
2019 $423 $7,280 $1,800 $5,480
2018 $423 $7,280 $1,800 $5,480
2017 $382 $7,280 $1,800 $5,480
2016 $382 $7,280 $1,800 $5,480
2015 $382 $7,280 $1,800 $5,480
2014 $479 $9,130 $2,400 $6,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2026 04/14/26 Price Changed $235,000 -11.3% $73 / Sq Ft
04/01/2026 04/01/26 For Sale $265,000 -- $83 / Sq Ft
Source: Western River Valley Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Special Warranty Deed -- None Available
Trustee Deed $48,195 None Available
Source: Public Records

Source: Western River Valley Board of REALTORS®

MLS Number: 1088124

APN: 17519-0008-00004-00

Arkansas Sebastian County Fort Smith 72904

5218 Elm St, Fort Smith, AR

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