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1400 Jacobs Avenue, 
Fort Smith, AR 72908

$1,550,000

—

Bed

—

Bath

15,920

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Pendergraft Realty Group

Keller Williams Platinum Realty

479-434-3000

Last updated:

February 15, 2026, 03:11 PM

MLS#

1084128

Source:

AR FSBOR

About This Home

1400 Jacobs Avenue

Fantastic investment opportunity with this 18-unit multi-family complex featuring a strong rental history and well-maintained buildings. Building 1 offers 10 spacious 2-bedroom, 1-bath units totaling 8,512 sq. ft. Built in 1987, each unit is equipped with central heat and air, washer/dryer hookups, and refrigerators. Current monthly rental income is $7,050. Building 2, constructed in 2021, adds 8 modern units with high-end finishes. Four units feature 2 bedrooms and 2 baths, while the remaining four are 1-bedroom, 1-bath layouts. These units showcase granite countertops, tile flooring, central heat and air, and washer/dryer hookups. Total building size is 7,408 sq. ft. with a current monthly rent roll of $6,650. Together, this complex combines established cash flow with newer construction for reduced maintenance and long-term value.

Home Facts

Single Family

Built in 1987

Price Summary

1,550,000

$97 per Sq. Ft.

MLS #:

1084128

Last Updated:

February 15, 2026, 03:11 PM

Added:

4 month(s) ago

Rooms & Interior

Interior

Living Area:

15,920 Sq. Ft.

Structure

Structure

Building Area:

15,920 Sq. Ft.

Year Built:

1987

Lot

Lot Size (Sq. Ft):

36,860

Finances & Disclosures

Finances

Price:

$1,550,000

Price per Sq. Ft:

$97 per Sq. Ft.

Source:AR FSBOR
The information being provided by Fort Smith Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Fort Smith Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.