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3401 N L Street, 
Fort Smith, AR 72903

$425,000


Bed


Bath


5,325

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Sara Burks

Keller Williams Platinum Realty

479-434-3000

Last updated:

April 26, 2026, 07:14 AM

MLS#

1087234

Source:

AR FSBOR

About This Home

3401 N L Street

Excellent investment opportunity, competitively priced, featuring 8 units with 2 bedroom, 1 bath. Strong occupancy history and consistent performance. All units are currently leased, offering immediate income with high tenant retention and a low turnover rate. One building received a new roof in 2025, and most units have been upgraded with updated central HVAC systems or energy-efficient mini-split units, helping reduce maintenance concerns and improve operating efficiency. Each apartment is individually metered for electric, gas, and water, with tenants responsible for their own utilities—minimizing owner expenses and simplifying management. Ideally located near a laundromat, restaurants, UFAS college, and local schools, this property benefits from steady rental demand and convenient access to everyday amenities. With current rents below market in several units, there is clear potential to increase rental income and increase cash flow!

Home Facts

Multi-Family

Price Summary

425,000

$79 per Sq. Ft.

MLS #:

1087234

Last Updated:

April 26, 2026, 07:14 AM

Added:

2 month(s) ago


Rooms & Interior

Interior

Living Area:

5,325 Sq. Ft.


Structure

Structure

Building Area:

5,325 Sq. Ft.


Lot

Lot Size (Sq. Ft):

18,730


Finances & Disclosures

Finances

Price:

$425,000

Price per Sq. Ft:

$79 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.