Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This duplex offers excellent value-add potential, making it an ideal choice for investors looking to maximize returns. With rental rates currently well below market value, there’s immediate upside for savvy buyers ready to reposition and increase cash flow. The location is unbeatable for student and professional renters, promising a steady occupancy and income stream. Don’t miss this rare opportunity in Fayetteville’s competitive rental market—perfect for capitalizing on rising rental trends! Units are condos and under a POA that covers exterior maintenance and common areas.
Sold for $510,000
$510,000
501-507 W Spruce St, Fayetteville, AR 72703
2beds
1baths
3,000sqft
Quadruplex, Multi Family
Built in 1973
-- sqft lot
$526,100 Zestimate®
$170/sqft
$2,012 Estimated rent
Home value
$526,100
$479,000 - $579,000
$2,012/mo
Zestimate® history
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$2,012/mo
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$2,012/mo
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$3,277/mo
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$3,277/mo
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Zillow last checked:
Listing updated:
Listed by:
Brandon Still 479-274-0662,
Collier & Associates
Bought with:
Nova NWA
Exit Realty Harper Carlton Group
Source: ArkansasOne MLS,MLS#: 1300010
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Originating MLS: Northwest Arkansas Board of REALTORS MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- None
- Flooring: Ceramic Tile, Luxury Vinyl Plank
- Basement: Finished
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: Other, Asphalt
Features
- Levels: Two
- Stories: 2
- Fencing: None
Lot
- Size: 1,306 Square Feet
- Features: Central Business District, Cul-De-Sac, Near Park
Details
- Parcel number: 76505572000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Block
- Roof: Architectural,Shingle
Condition
- New construction: No
- Year built: 1973
Community & HOA
Community
- Features: Near Fire Station, Near Hospital, Park
- Subdivision: Fred Holden Add
HOA
- Has HOA: Yes
- HOA fee: $240 monthly
Location
- Region: Fayetteville
Financial & listing details
- Price per square foot: $170/sqft
- Annual tax amount: $2,144
- Date on market: 3/3/2025
- Cumulative days on market: 30 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Sold | $510,000-1.9%$170/sqft |
Source:  ArkansasOne MLS #1300010 Report a problem | ||
| 3/3/2025 | Listed for sale | $520,000$173/sqft |
Source: ArkansasOne MLS #1300010 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 72703
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Nearby schools
GreatSchools rating
- 10/10Root Elementary SchoolGrades: K-4Distance: 1.4 mi
- 10/10Woodland Junior High SchoolGrades: 7-8Distance: 0.6 mi
- 7/10Fayetteville High School EastGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: Fayetteville
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Arkansas
- Washington County
- Fayetteville
- 72703
- 501-507 W Spruce St
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