5218-20 Elm St, Fort Smith, AR, 72904
About This Home
Welcome to 5218–5220 Elm St in Fort Smith a great opportunity for investors or owner occupants seeking income potential and flexibility. This property features three separate units, each with its own entrance, offering strong potential for rental income or multi-unit living arrangements. The units offer practical layouts with comfortable living spaces and natural light. Situated on a manageable lot, the property provides convenient access to shopping, dining, and major roadways, supporting consistent rental appeal. Ideal for expanding an investment portfolio or generating additional income, this multi-unit property offers versatility and long-term potential in a convenient Fort Smith location.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Roof: Asphalt,Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Appliances included: Some Gas Appliances,Gas Water Heater,Range
- Laundry features: Electric Dryer Hookup
Features
- Flooring: Carpet,Vinyl
- Fireplace features: Gas Log,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Floor Furnace,Gas
- Cooling features: Window Unit(s)
Interior Area
- Total interior livable area: 3,200 sqft
Property
Details
- Parcel number: 17519000080000600
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Concrete Driveway,Gravel Driveway
- Fencing: Back Yard
- Waterfront features: None
Lot
- Lot size: 0.46 Acres
- Features: Other,See Remarks
- Lot size dimensions: 75 x 112
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
- Heat Wave
- Ice Storm
- Lightning
- Tornado
- Cold Wave
- Winter Weather
- Earthquake
- Hail
- Inland Flooding
- Strong Wind
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 | $1,087 | $13,044 |
| Home Insurance | $243 | $2,916 |
| Property Taxes | $111 | $1,332 |
| Electricity | $231 | $2,780 |
| Total | $1,672 | $20,064 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $225,000 |
| 2026-04-14 | Price change | $235,000 |
| 2026-04-02 | Listed for sale | $265,000 |
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