Prime redevelopment opportunity on the edge of Downtown Fayetteville. Surrounded by ongoing residential improvements, this property is well-positioned for new construction or investment.
Located just one block from the Fayetteville Public Library and minutes from local restaurants, the Fayetteville Square, Farmer’s Market, Walton Arts Center, Fayetteville High School, and the University of Arkansas.
Enjoy easy access to trails, parks, and nearby green space including Fay Jones Woods Park.
Lot includes all city utilities. Existing home conveys with no value and is being sold as-is.
Rare opportunity to secure a build-ready location this close to downtown amenities.
For sale
$499,000
220 S Locust Ave, Fayetteville, AR 72701
3beds
1,028sqft
Est.:
Single Family Residence
Built in 1936
0.31 Acres Lot
$496,200 Zestimate®
$485/sqft
$-- HOA
What's special
- 5 days |
- 376 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Nina Moser 417-883-6666,
REECE NICHOLS REAL ESTATE-SPRINGFIELD 417-883-6666
Source: ArkansasOne MLS,MLS#: 1342863
Originating MLS: Other/Unspecificed
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Gas
Cooling
- Central Air
Appliances
- Included: Water Heater
Features
- None
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,028
- Total interior livable area: 1,028 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Has attached garage: Yes
- Covered spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Concrete Driveway
- Pool features: None
- Fencing: Back Yard
- Waterfront features: None
Lot
- Size: 0.31 Acres
- Dimensions: 200 x 68.4
- Features: Central Business District, City Lot, Near Park, Sloped
Details
- Additional structures: None
- Parcel number: 76502064001
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Masonite
- Foundation: Other, See Remarks
- Roof: Other,See Remarks
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Biking, Near Schools, Park, Trails/Paths
- Subdivision: Fayetteville Original
HOA
- Has HOA: No
Location
- Region: Fayetteville
Financial & listing details
- Price per square foot: $485/sqft
- Tax assessed value: $389,150
- Annual tax amount: $447
- Date on market: 4/14/2026
- Road surface type: Paved
Estimated market value
$496,200
$471,000 - $521,000
$1,859/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Listed for sale | $499,000$485/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $85 -46.7% | $10,238 |
| 2023 | $159 -27.4% | $10,238 |
| 2022 | $218 | $10,238 |
| 2021 | $218 | $10,238 -79.7% |
| 2020 | $218 | $50,490 +97% |
| 2019 | $218 -10.3% | $25,630 |
| 2018 | $243 -27.7% | $25,630 |
| 2017 | $337 +41.4% | $25,630 |
| 2016 | $238 +13.1% | $25,630 |
| 2015 | $211 | $25,630 +150.3% |
| 2014 | $211 +5.1% | $10,238 |
| 2013 | $200 | $10,238 |
| 2012 | $200 | $10,238 |
| 2011 | -- | $10,238 |
| 2010 | -- | $10,238 +5% |
| 2009 | $221 +68.5% | $9,750 +4.5% |
| 2008 | $131 -18.8% | $9,326 +4.8% |
| 2007 | $162 | $8,902 |
| 2006 | -- | -- |
| 2005 | -- | $8,111 -63.4% |
| 2004 | -- | $22,160 |
| 2003 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$2,596/mo
Principal & interest
$2380
Property taxes
$216
More affordability tools
Climate risks
Neighborhood: Town Mountain South
Nearby schools
GreatSchools rating
- 10/10Washington Elementary SchoolGrades: K-4Distance: 0.7 mi
- 6/10Ramay Junior High SchoolGrades: 7-8Distance: 1.5 mi
- 6/10Fayetteville High School EastGrades: 9-12Distance: 0.6 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arkansas
- Washington County
- Fayetteville
- 72701
- Town Mountain South
- 220 S Locust Ave





