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3401 N L Street Fort Smith, AR $ 425,000
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3401 N L Street
$ 425,000
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3401 N L Street

Fort Smith, AR, 72903
$ 425,000
Baths0.0 Sq 5,325

Monthly Estimate*

$ 2,617

3401 N L Street, Fort Smith, AR 72903 - Image 1
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3401 N L Street, Fort Smith, AR 72903 - Image 3
3401 N L Street, Fort Smith, AR 72903 - Image 4
3401 N L Street, Fort Smith, AR 72903 - Image 5
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3401 N L Street, Fort Smith, AR 72903 - Image 7
3401 N L Street, Fort Smith, AR 72903 - Image 8
3401 N L Street, Fort Smith, AR 72903 - Image 9
3401 N L Street, Fort Smith, AR 72903 - Image 10
3401 N L Street, Fort Smith, AR 72903 - Image 11
3401 N L Street, Fort Smith, AR 72903 - Image 12
3401 N L Street, Fort Smith, AR 72903 - Image 13
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3401 N L Street, Fort Smith, AR 72903 - Image 16
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Studio

Apartment for sale in Fort Smith, AR

for $425,000. This 5,325 square foot apartment was built on a lot size of 0.43.

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!

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Apartment Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Apartment

Taxes

$ 2,144

Style

Lot Size

0.43

Town/City

Fort Smith

County/Region

Sebastian

MLS | Web ID

1087234
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Electric Window Unit(s)
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Roof Architectural Shingle
Appliances Gas Water Heater Oven Range Refrigerator
Security Features Smoke Detector(s)
Construction Materials Brick
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 54600
County Sebastian
Property Type Residential
Subdivision Name Grace
Garage Y/N false
Special Listing Conditions None
Status Active
Directions From I40 N turn left on Grand Ave turn right on N 35th Street turn left on N L Street Apartments on the right.
City Fort Smith
Number Of Units Total 1
Lot Size Units Acres
Carport Y/N false
Year Built Details 25 Years or older
Tax Annual Amount 2144
Virtual Tour https://www.propertypanorama.com/3401-N-L-Street-Fort-Smith-AR-72903/unbranded
Standard Status Active
Year Built Source Public Records
Tax Lot 1 & 2
Property Sub Type Additional Apartment Multi Family
Legal Description LOTS 1 & 2
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Interior
Basement None
Flooring Ceramic Tile Vinyl
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
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Exterior
Exterior Amenities Gravel Driveway
Fencing None
Parking Features Parking Lot
Lot Features Corner Lot City Lot Subdivision
Water Source Public
Lot Size Area 0.43
Foundation Details Slab
Lot Dimensions 0.43 AC
Lot Size Acres 0.43
Road Surface Type Paved
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Keller Williams Platinum Realty

Broker

sara.a.burks@gmail.com

Email

Affordability Calculator

$2,795
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/22/2026$425,000 Listed Price

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3401 N L Street, Fort Smith, AR, 72903 is a Apartment for sale at $425,000 with 5,325 sqft and a lot size of 0.43. 3401 N L Street is a studio with 0.0 baths. The property's zip code is 72903 which is in Fort Smith, AR

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