Home For Sale In Fayetteville, Arkansas

house for sale

Listed: 04/29/24

769 S Washington Ave Unit 1-4, Fayetteville, Arkansas, 72701

Studio Bed:

5,883 Sq Ft Living Area:

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Price

$ 1,3M

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About This House

New Construction 4-unit townhomes in booming South Fayeteville close to Downtown Square, and UofA, South Yards and Mill District. Pre-leased for2024-2025.Incredible investment opportunity with lots of development happening in the area. One block from Walker Park with City starting construction on $25M in improvements to the park according to the Master Plan in 2025. Each unit is 2 bedrooms, with a bonus room for office or living area. Each unit has private fenced porch, deck or patio. All units are well built, well insulated and all electric for low utility bills. This is part of 2 building 8-unit total complex with other building potentially available for sale. Ideal for 1031 Exchange, or live in one unit and rent the rest with 4-plex owner occupant financing. Condo association has been written up but not yet activated, leaving possibility for sale of individual units at a future date.

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Houses for sale in Fayetteville

Original listing

Fayetteville Housing & Living

Average sale prices for houses

3 bed

4+ bed

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Month	Median Price
May 2024	$357,940 (-16.4%)
Apr 2024	$428,222 (0%)
Mar 2024	$428,222 (0%)
Feb 2024	$428,222 (0%)
Jan 2024	$428,222 (+4.4%)
Dec 2023	$410,072 (+2.7%)

In May 2024, the asking price for 3 bed houses for sale in/near Fayetteville, United States averaged $357,940, a decrease of 16.4% from the previous month.

Median price trends for properties for sale in Fayetteville, United States as of May 2024.

Household Income

Median household income: $41,158

Number of households: 33,683

The average household income in Fayetteville, AR grew from $40,013 to $41,158 in the past year. This data is an estimate based upon 33,683 households in Fayetteville, AR.
The chart below presents how household income is distributed in Fayetteville, AR in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fayetteville, AR compared to median property taxes around the country. The prevalent amount of property taxes in Fayetteville, AR equals $800-$1,500 , which is more than the national average.

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