Fayetteville, AR 72703,501-507 W Spruce St
Fayetteville, AR 72703,501-507 W Spruce St
Fayetteville, AR 72703,501-507 W Spruce St
Fayetteville, AR 72703,501-507 W Spruce St
Fayetteville, AR 72703,501-507 W Spruce St
Fayetteville, AR 72703,501-507 W Spruce St
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$510,000

$520,000

1.9%
Est.Price: ?

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Est. payment /mo

3,000 SqFt


SOLD DATE : 05/29/2025

Key Details

Sold Price $510,000

Property Type Townhouse

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $170

Subdivision Fred Holden Add

MLS Listing ID 1300010

Sold Date 05/29/25

Construction Status 25 Years or older

HOA Fees $240/mo

HOA Y/N No

Year Built 1973

Annual Tax Amount $2,144

Lot Size 1,306 Sqft

Acres 0.03

Property Sub-Type Quadruplex

Property Description

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.

Location

State AR

County Washington

Community Fred Holden Add

Direction North St. and Gregg, North to Spruce. (1 Block before Sycamore). Right to property.

Rooms

Basement Finished

Interior

Interior Features None

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Luxury Vinyl Plank

Appliance Gas Water Heater

Exterior

Fence None

Community Features Near Fire Station, Near Hospital, Park

Roof Type Architectural,Shingle

Road Frontage Shared

Garage No

Building

Lot Description Central Business District, Cul-De-Sac, Near Park

Story 2

Foundation Block

Level or Stories Two

Structure Type Brick

New Construction No

Construction Status 25 Years or older

Schools

School District Fayetteville

Others

Special Listing Condition None

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Listed by Collier & Associates
Bought with Exit Realty Harper Carlton Group
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