About 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 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.
Features of 1400 Jacobs Avenue
| MLS® # | 1323333 |
|---|---|
| Price | $1,550,000 |
| Square Footage | 15,920 |
| Acres | 0.85 |
| Year Built | 1987 |
| Type | Residential |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 1400 Jacobs Avenue |
|---|---|
| Subdivision | Brazil & Jacobs |
| City | Fort Smith |
| County | Sebastian |
| Province | AR |
| Postal Code | 72908 |
Amenities
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Parking | Parking Lot, Asphalt |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | Electric Water Heater |
| Heating | Central |
| Cooling | Central Air, Electric |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Level, None |
|---|---|
| Roof | Architectural, Shingle |
| Construction | Brick |
| Foundation | Slab |
Additional Information
| Date Listed | September 24th, 2025 |
|---|
Listing Details
| Agent | Michelle Pendergraft |
|---|---|
| Office | Keller Williams Platinum Realty |