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509-515 W Spruce ST

509-515 W Spruce ST Fayetteville, AR 72703

Multi-Family (2-4 Units) MLS #: 1292319 Courtesy Of Collier Properties

$560,000

3,200 sq ft
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Estimated monthly payments: $2,448/mo.* (recalculate)
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Property InformationDescription

Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This four-plex 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, in the process of splitting off.

Features

  • Amenities: Dock, Security System, Security System
  • Appliances: Dishwasher, Dryer, Microwave, Range, Washer
  • Architecture Style: Other
  • Exterior Type: Brick
  • Floor Covering: Tile, Tile - Ceramic, Vinyl
  • Heating System: Central Furnace
  • Lot Size: 0.33 Acres

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MAP & DIRECTIONS

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509-515 W Spruce ST, Fayetteville, AR 72703
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School Information

509-515 W Spruce ST, Fayetteville, AR 72703

Elementary School
Grades 5-6 | Public School
HOLT MIDDLE SCHOOL
Fayetteville, AR 72704
2365 N Rupple Rd
479.­527.3670
Distance: 2.9 mi
School Rating
C+
Student:Teacher Ratio
14:1
Total Students
464
Elementary School
Grades PK-4 | Public School
ROOT ELEMENTARY SCHOOL
Fayetteville, AR 72701
1529 E Mission Blvd
479.­444.3075
Distance: 1.4 mi
School Rating
A
Student:Teacher Ratio
17:1
Total Students
415
Middle School
Grades 7-8 | Public School
WOODLAND JUNIOR HIGH SCHOOL
Fayetteville, AR 72703
1 E Poplar St
479.­444.3067
Distance: 0.6 mi
School Rating
A
Student:Teacher Ratio
14:1
Total Students
773
High School
Grades 9-12 | Public School
FAYETTEVILLE HIGH SCHOOL
Fayetteville, AR 72701
1001 W Bulldog Blvd
479.­444.3050
Distance: 1.8 mi
School Rating
B-
Student:Teacher Ratio
13:1
Total Students
2530
Other Nearby Schools Distance Type Grades School Rating
Fayetteville Creative Schools 0.8 mi Private PK-KG
First School Of First United Presbyterian Church 0.8 mi Private PK-KG
Leverett Elementary School 0.8 mi Public PK-4 B+
Washington Elementary School 0.9 mi Public PK-4 B
Montessori School 1.0 mi Private PK-5
The New School 1.1 mi Private PK-12
John M. Asbell Elementary School 1.3 mi Public PK-4 B
Fayetteville Christian School 2.0 mi Private KG-12
Ramay Junior High School 2.2 mi Public 7-8 C+
John L Colbert Middle School 2.2 mi Public 5-6
Agee Lierly Life Preparation Services School 2.4 mi Public 9-12 D-
Nwa Community College Reg Center 2.4 mi Public 9-12
Happy Hollow Elementary School 2.4 mi Public PK-4 B+
Fayetteville Virtual Academy- District Conversion Charter School 2.5 mi Public KG-12 A-
Butterfield Trail Elementary School 2.5 mi Public PK-4 A
Mcnair Middle School 2.6 mi Public 5-6 B
Vandergriff Elementary School 2.8 mi Public PK-4 A-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Fayetteville, AR 72703

Median Age: 34.9
Married: 36%
Number of Households: 15,784
Households with Children: 26.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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Copyright © 2024 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.