$549,000
NEW CONSTRUCTION

5600 Spradling Ave Fort Smith, AR 72904

Estimated payment $2,978/month

Total Views 6,969
-- Bed
-- Bath
3,488 Sq Ft
$157 Price per Sq Ft

Highlights

  • New Construction
  • Brick or Stone Mason
  • Central Heating and Cooling System
  • 0.56 Acre Lot
  • Property is near schools
  • Concrete Flooring

About This Home

Turnkey Multifamily Investment Opportunity!

This newly constructed multifamily property features two duplexes with a total of four fully leased units. Each 2-bedroom, 2-bathroom unit boasts modern aesthetics, quartz countertops, sealed concrete flooring, and comes equipped with a refrigerator and washer/dryer connections. Perfect for investors seeking immediate rental income with minimal upkeep!

Listing Agent

Amanda Richmond

McGraw REALTORS License #SA00090747 Listed on: 02/21/2025

McGraw REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $116

Lot Details

  • 0.56 Acre Lot
  • Cleared Lot

Home Design

  • New Construction
  • Duplex
  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,488 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Concrete Flooring
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Oven
  • Built-In Microwave
  • Dishwasher

Parking

  • Driveway
  • Parking Lot

Location

  • Property is near schools

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 11202-0001-00000-00

Community Details

Overview

  • 4 Units
  • Royal Oaks Subdivision

Building Details

  • Operating Expense $9,096
  • Gross Income $47,760
  • Net Operating Income $38,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$116

Lot Details

0

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: F3664
  • ResoSpecialListingConditions: None
  • Subdivision Name: Royal Oaks
  • Directions: Kelly Highway exit left and continue straight until you reach North O Street. Turn right. Follow North O for about 1 mile until you reach Spradling Avenue. Turn right onto Spradling. Continue for about 0.5 mile. 5600 Spradling Ave is on your right.
  • Carport Y N: No
  • Reso Flooring: Concrete
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: Yes
  • Reso Roof: Architectural, Shingle
  • ResoWindowFeatures: Vinyl
  • Year Built Details: New Construction
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave Hood Fan, Microwave, Oven, Refrigerator
  • Basement YN: No
  • Fireplace Features: None
  • Stories: 1
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Acres: 0.56
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools

Lot Info

  • Lot Dimensions: NA
  • ResoLotSizeUnits: Acres
  • Parcel #: 11202-0001-00000-00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 1
  • Annual Gross Income: 47760.0
  • Annual Operating Expense: 9096.0

Tax Info

  • Tax Annual Amount: 116.0
  • Tax Block: NA
  • Tax Lot: 1

Map

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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
2024 $105 $2,000 $2,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 For Sale $549,000 +2645.0% $157 / Sq Ft
09/02/2021 09/02/21 Sold $20,000 0.0% --
09/02/2021 09/02/21 For Sale $20,000 -- --
Source: Western River Valley Board of REALTORS®

Source: Western River Valley Board of REALTORS®

MLS Number: 1079123

APN: 11202-0001-00000-00

Arkansas Sebastian County Fort Smith 72904

5600 Spradling Ave, Fort Smith, AR

This home is located at 5600 Spradling Ave, Fort Smith, AR 72904 and is currently priced at $549,000, approximately $157 per square foot. 5600 Spradling Ave is a home located in Sebastian County with nearby schools including Trusty Elementary School, Dora Kimmons Junior High School, and Northside High School.

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Amanda Richmond
Listing Agent
Amanda Richmond
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McGraw REALTORS
(479) 378-0339