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1429 and 1431 Deane Street, Fayetteville, AR 72703

$425,000
: 2
BD
: 1
BA
: 942
SqFt

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Sold Price: $425,000
List Price: $499,000
Closing Date: Jun 10, 2026
Status: CLOSED
MLS#: ARKMLS-1301226
Bedrooms: 2
Full-baths: 1
Sq. Ft: 942
Acres: 0.50
Year Built: 1949
Subdivision: Reinheimer Sub

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Property Description

1429 and 1431 sold as one for $499,000. Calling all investors!!!! Are you looking for your next goldmine, well here it is on this total .5 +/- acre lot in prime location to build new investment properties. Just up the street from the new Fayetteville Police Department and 2 minutes to I-49. The University of Arkansas is about 4-5 minutes away, so this would be an excellent opportunity to build student homes, duplexes or townhomes. Currently zoned RSF-4, so will need to work with the city to rezone to add more doors, but zoned RSF-8 about 100 yards down street on Deane. Total price, .50 +/- acres and total taxes in this listing is the total price, acreage and taxes are for both properties together, must be bought together and price is for both homes together and the .5 acre lot. Tenant occupied. Please do not bother tenants, do not knock on doors and no inside showings please until under contract. Value is in the land. Tenant is month to month, but would stay until new owner is ready to demolish homes.

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Additional Information

Taxes: $2,659
Roof: Asphalt, Shingle
Appliances: Gas Water Heater, Other, See Remarks
Fencing: None
Foundation: Crawlspace
Basement: Crawl Space
Levels: One
School District: Fayetteville
Heating: Other
Cooling: Window Unit(s)