2308 Savannah St, Fort Smith, AR, 72901
About This Home
Well maintained and updated 12-unit multifamily property featuring updated interiors and an income-producing on-site laundry facility. Located in a prime area, this property features 7 one-bedroom units and 5 two-bedroom units. It also includes an additional vacant room that could be used as a community space, office, or fitness room. Strong occupancy, reliable tenant base, and minimal ongoing maintenance. Ideal turnkey investment with stable cash flow and potential for future rent growth.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Foundation: Brick/Mortar
- Roof: Architectural,Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Electric Water Heater
- Laundry features: Electric Dryer Hookup
Features
- Flooring: Vinyl,Wood
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total interior livable area: 8,308 sqft
Property
Details
- Parcel number: 1498400440000000
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Concrete Driveway
- Fencing: Back Yard
Lot
- Lot size: 0.50 Acres
- Lot size dimensions: 72 x 301
Parking
- Parking features: Assigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Heat Wave
- Lightning
- Tornado
- Winter Weather
- Cold Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,534 | $42,408 |
| Home Insurance | $930 | $11,160 |
| Property Taxes | $361 | $4,332 |
| Electricity | $601 | $7,219 |
| Total | $5,426 | $65,112 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-01 | Listed for sale | $760,000 |
| 2025-08-29 | Sold | $738,000 |
| 2025-07-09 | Contingent | $760,000 |
| 2025-04-04 | Listed for sale | $760,000 |
| 2023-10-30 | Sold | $700,000 |
| 2023-10-03 | Pending sale | $756,000 |
| 2023-08-23 | Listed for sale | $756,000 |
| 2022-05-24 | Sold | $375,000 |
View on Zillow