Investor Opportunity in Charleston, Arkansas! Located at 118 S Wood St, this 2-bedroom, 1-bath home is packed with potential for the right buyer with a vision. Whether you're looking for your next fix-and-flip project, rental investment, or affordable renovation property, this home offers a great opportunity to build equity.
Situated in an established area of Charleston, this property features a manageable layout and solid potential for improvement. This property features an extra-large lot with plenty of room for expansion, outdoor living, gardening, or additional improvements. The home does need significant repairs and updates, making it ideal for investors, contractors, or buyers looking for a project property at an affordable price point.
With some TLC and creativity, this could become a great rental, starter home, or resale investment. Conveniently located near local schools, shopping, and community amenities.
Being sold as-is
For sale
Price cut: $2.5K (6/13)
$37,500
118 S Wood St, Charleston, AR 72933
2beds
946sqft
:
Get pre-qualifiedN/A
Single Family Residence
Built in 1966
435 Square Feet Lot
$-- Zestimate®
$40/sqft
$-- HOA
What's special
Extra-large lot
- 77 days |
- 367 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Amy Jo Hutcherson 918-839-8946,
Keller Williams Platinum Realty 479-434-3000
Source: Western River Valley BOR,MLS#: 1089104Originating MLS: Fort Smith Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Laundry: None
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total interior livable area: 946 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Unpaved Driveway
- Fencing: None
Lot
- Size: 435 Square Feet
- Dimensions: 86 x 229
- Features: Cleared, Level, Subdivision
Details
- Parcel number: 00800269000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Fiberglass,Shingle
Condition
- Year built: 1966
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Security: None
- Subdivision: Ellison Add
Location
- Region: Charleston
Financial & listing details
- Price per square foot: $40/sqft
- Tax assessed value: $46,800
- Annual tax amount: $486
- Date on market: 5/16/2026
Estimated market value
Not available
Estimated sales range
Not available
$835/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Price change | $37,500-6.3%$40/sqft |
Source: Western River Valley BOR #1089104 Report a problem | ||
| 5/16/2026 | Listed for sale | $40,000+203%$42/sqft |
Source: Western River Valley BOR #1089104 Report a problem | ||
| 12/29/2023 | Sold | $13,200$14/sqft |
Source: Western River Valley BOR #1068778 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $486 +0% | $9,360 |
| 2024 | $486 +0% | $9,360 |
| 2023 | $485 +0.1% | $9,360 |
| 2022 | $485 -0.2% | $9,360 +0.9% |
| 2021 | $486 +9.9% | $9,273 +10% |
| 2020 | $442 | $8,430 |
| 2019 | $442 +0.1% | $8,430 |
| 2018 | $442 | $8,430 |
| 2017 | $442 | $8,430 |
| 2016 | $442 | $8,430 +4.6% |
| 2015 | -- | $8,060 |
| 2014 | -- | $8,060 |
| 2013 | -- | $8,060 +12.9% |
| 2012 | -- | $7,140 +9.1% |
| 2011 | -- | $6,545 +10% |
| 2010 | $312 +7.6% | $5,950 +7.6% |
| 2009 | $290 | $5,531 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 72933
Nearby schools
GreatSchools rating
- 6/10Charleston Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 6/10Charleston High SchoolGrades: 7-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Charleston
- Middle: Charleston
- High: Charleston
- District: Charleston
Source: Western River Valley BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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