1400 Jacobs Avenue Fort Smith, AR $ 1,550,000
1400 Jacobs Avenue
$ 1,550,000
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1400 Jacobs Avenue

Fort Smith, AR, 72908
$ 1,550,000
Baths0.0 Sq 15,920

Monthly Estimate*

$ 9,670

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View a Virtual Tour
Studio

Single Family Home for sale in Fort Smith, AR

for $1,550,000. This 15,920 square foot home was built in 1987 on a lot size of 0.8462.

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 revenue 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.

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Single Family Active

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 9,321

Style

Lot Size

0.8462

Year Built

1987

Town/City

Fort Smith

County/Region

Sebastian

MLS | Web ID

1323333

Features
General
Heating Central
Cooling Central Air Electric
Utilities Electricity Available Sewer Available Water Available
Roof Architectural Shingle
Appliances Electric Water Heater
Construction Materials Brick
Year Built 1987
Stories Count 2
Levels Two
Property Subtype Other
Gross Income 151170
County Sebastian
New Construction false
Property Type Residential
Subdivision Name Brazil & Jacobs
Garage Y/N false
Status Active
Directions South on Jenny Lind off Zero Right on Jacobs Ave.
City Fort Smith
Number Of Units Total 18
Lot Size Units Acres
Carport Y/N false
Year Built Details 25 Years or older
Tax Annual Amount 9321
Virtual Tour https://tour.nwarealtors.org/1400-Jacobs-Avenue-Fort-Smith-AR-72908--1323333/unbranded
Standard Status Active
Tax Lot 1
Property Sub Type Additional Multi Family Other
Legal Description LOT 1 BLK H & PT. CLOSED STREET
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Interior
Interior Amenities None
Flooring Carpet Laminate Tile
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Fencing None
Parking Features Parking Lot Asphalt
Lot Features Level None
Water Source Public
Lot Size Area 0.8462
Foundation Details Slab
Building Area Total 15920
Lot Size Acres 0.8462
Covered Spaces 0
Road Frontage Type Public Road
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* Excluded Features
List By
Keller Williams Platinum Realty

Broker

michellep@michellesayssold.com

Email

Affordability Calculator

$10,447
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,670
Monthly Property Taxes
$777
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2025$1,550,000 Listed Price

Map


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1400 Jacobs Avenue, Fort Smith, AR, 72908 is a Single Family Home for sale at $1,550,000 with 15,920 sqft and a lot size of 0.8462. 1400 Jacobs Avenue is a studio with 0.0 baths and was built in 1987. The property's zip code is 72908 which is in Fort Smith, AR