$299,000
NEW CONSTRUCTION

7406 Ellis St Barling, AR 72923

Estimated payment $1,640/month

Total Views 626
-- Bed
-- Bath
2,841 Sq Ft
$105 Price per Sq Ft

Highlights

  • Home to be built
  • Level Lot
  • 1-Story Property
  • Westwood Elementary School Rated A
  • Vinyl Flooring

About This Home

7406 Ellis Street offers a rare investor opportunity in the heart of Chaffee Crossing. Originally part of historic Fort Chaffee, this former military barracks/office building is approved for conversion into three modern townhome-style residences and is being sold AS-IS for an investor or developer to purchase and complete.
All permitting and architectural plans have been approved by the City of Fort Smith and will convey with the sale. Plans include elevated individual front porches with stair access, white exterior siding, black roofing, dedicated parking, composite decking, open living areas, kitchens with islands, updated baths, LVT flooring, and three separate residential units.
Early estimates suggest approximately $150,000+/- may be needed for completion, subject to buyer verification. Contractor completion may be available at an additional cost.
Projected short-term rental income of approximately $1,750 per unit could create strong cash flow potential and provide an attractive return on investment.
Fort Chaffee carries a deep Arkansas legacy, from its military training roots to the famous Chaffee Barbershop where Elvis received his Army haircut. Today, Chaffee Crossing is being reimagined into one of Fort Smith’s most dynamic growth corridors, with ACHE, Heritage, Fort Smith Brewing, Conex Bar, trails, medical, manufacturing, industry, and new residential development creating momentum all around it.
More than a renovation project, this is a chance to revive a piece of local history and turn it into income-producing housing in a district built for the future. Bring your vision, finish the project, and be part of the next chapter of Chaffee Crossing.

Listing Agent

Steven Shoppach

O'Neal Real Estate- Fort Smith License #SA00079289 Listed on: 05/10/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 52x165
  • Level Lot

Home Design

  • Triplex
  • Home to be built
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Steel Beams

Interior Spaces

  • 2,841 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Parking

  • Parking Available
  • Parking Lot

Community Details

  • 3 Units
  • Fort Chaffee Barracks Ph I, Ii, & Iii Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Exclusions: Minerals
  • Legal Lot and Block 27A / 1
  • Assessor Parcel Number 1

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Reso Property Sub Type: Triplex
  • Prop. Type: Residential
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Central Business District, Industrial Park, Level
  • Road Surface Type: Paved
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: F3636
  • Subdivision Name: Fort Chaffee Barracks Ph I, Ii, & Iii
  • Directions: From Chad Colley Blvd in Chaffee Crossing, Take Roberts Blvd across the interstate into Historic Chaffee. Ellis will be the second street on the left. The property is next to the large parking lot.
  • Carport Y N: No
  • Reso Flooring: Vinyl
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer, To Be Built
  • Reso Roof: Asphalt, Shingle
  • Year Built Details: Age Unknown
  • Year Built: 1940
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Basement: None
  • Basement YN: No
  • Stories: 1

Exterior Features

  • Fencing: None
  • Acres: 0.19
  • Disclosures: Covenants/Restrictions Disclosure
  • Exclusions: Minerals
  • Construction Type: Steel
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Parking Lot, Asphalt

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Dimensions: 52x165
  • ResoLotSizeUnits: Acres
  • Parcel #: 1
  • Zoning Description: Other

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Block: 1
  • Tax Lot: 27A

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 $258 $4,710 $1,630 $3,080
2023 $267 $4,710 $1,630 $3,080
2022 $267 $4,710 $1,630 $3,080
2021 $267 $4,710 $1,630 $3,080
2020 $267 $4,710 $1,630 $3,080
2019 $464 $8,190 $1,630 $6,560
2018 $464 $8,190 $1,630 $6,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2026 05/10/26 For Sale $299,000 -- $105 / Sq Ft
Source: Western River Valley Board of REALTORS®

Source: Western River Valley Board of REALTORS®

MLS Number: 1088979

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