Excellent opportunity to acquire a 12-unit multifamily property just minutes from Fort Smith with strong rental demand and value-add potential. Property features primarily 1-bedroom/1-bath units with multiple updated interiors. Some units have recent improvements including flooring, paint, and fixtures. Owner currently pays water, helping keep operations simple for tenants.
Located near the Arkansas/Oklahoma state line with convenient access to shopping, employment, and major highways, this property offers investors the chance to expand cash flow while still remaining in an affordable price point. Potential upside through rent increases, additional improvements, and operational efficiencies.
Whether you are looking for a steady income-producing asset or a long-term portfolio addition, this multifamily property offers solid potential in a growing rental market.
Call/text today for financials, rent roll, and showing information.
For sale
Price cut: $10K (8/6)
$559,900
317 Young St, Arkoma, OK 74901
--beds
--baths
7,682sqft
Multi Family, Apartment
Built in 1971
-- sqft lot
$534,500 Zestimate®
$73/sqft
$-- HOA
What's special
Multiple updated interiors
- 119 days
- 110
- 7
Zillow last checked:
Listing updated:
Listed by:
Ace Morris 479-806-3008,
ANNU Realty
Source: Western River Valley BOR,MLS#: 1088904Originating MLS: Fort Smith Board of Realtors
Facts & features
Interior
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: None
Features
- Flooring: Laminate
Interior area
- Total interior livable area: 7,682 sqft
Video & virtual tour
Property
Parking
- Total spaces: 12
- Parking features: Carport, One Space
- Has carport: Yes
- Covered spaces: 12
Features
- Levels: One
- Stories: 1
- Exterior features: Concrete Driveway
- Fencing: None
Lot
- Size: 0.78 Acres
- Dimensions: 200 x 80
- Features: Cleared
Details
- Parcel number: A10000007000000400
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Architectural,Shingle
Condition
- Year built: 1971
Community & HOA
Community
- Security: None
- Subdivision: Reynolds Add
Location
- Region: Arkoma
Financial & listing details
- Price per square foot: $73/sqft
- Annual tax amount: $3,897
- Date on market: 5/7/2026
Estimated market value
$534,500
$508,000 - $561,000
$814/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $559,900-1.8%$73/sqft |
Source: Western River Valley BOR #1088904 Report a problem | ||
| 7/21/2026 | Price change | $569,900-2.6%$74/sqft |
Source: Western River Valley BOR #1088904 Report a problem | ||
| 6/23/2026 | Price change | $585,000-2.5%$76/sqft |
Source: Western River Valley BOR #1088904 Report a problem | ||
| 5/7/2026 | Listed for sale | $600,000$78/sqft |
Source: Western River Valley BOR #1088904 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






