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 on 05/29/25
$510,000
501-507 W Spruce St, Fayetteville, AR 72703
2beds
1baths
3,000sqft
Quadruplex, Multi Family
Built in 1973
-- sqft lot
$513,800 Zestimate®
$170/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 30, 2025 at 12:53pm
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
Facts & 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 sqft
- 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 & neighborhood
Community
- Community features: Near Fire Station, Near Hospital, Park
Location
- Region: Fayetteville
- Subdivision: Fred Holden Add
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $240 monthly
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$513,800
2% more+$10,276
With Zillow Showcase(estimated)$524,076