Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This fourplex 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! Taxes and legal TBD. Units are condos and under a POA, message for details. Please do not disturb tenants.
For sale
$520,000
509-515 W Spruce St, Fayetteville, AR 72703
8beds
4baths
3,800sqft
Est.:
Quadruplex, Multi Family
Built in 1978
-- sqft lot
$501,200 Zestimate®
$137/sqft
$240/mo HOA
What's special
- 24 days
- on Zillow |
- 573 |
- 52 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 03:45pm
Listed by:
Brandon Still 479-274-0662,
Collier & Associates 479-274-0662
Source: ArkansasOne MLS,MLS#: 1303162
Originating MLS: Northwest Arkansas Board of REALTORS MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Gas Water Heater, Microwave, Refrigerator, Washer
Features
- None
- Flooring: Ceramic Tile, Luxury Vinyl Plank
- Basement: Finished
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Video & virtual tour
Property
Parking
- Parking features: Other, Asphalt
Features
- Levels: One
- Stories: 1
- Fencing: None
Lot
- Size: 435.6 Square Feet
- Features: Central Business District, Cul-De-Sac, Near Park
Details
- Additional parcels included: 76534767000, 76534768000, 76534769000
- Parcel number: 76534766000
- Zoning: N
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Wood Siding
- Foundation: Block
- Roof: Architectural,Shingle
Condition
- New construction: No
- Year built: 1978
Community & HOA
Community
- Features: Near Fire Station, Near Hospital, Park
- Subdivision: Holden Sub
HOA
- Has HOA: Yes
- HOA fee: $2,880 annually
Location
- Region: Fayetteville
Financial & listing details
- Price per square foot: $137/sqft
- Annual tax amount: $1,500
- Date on market: 4/2/2025
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