Smith & Wesson Model 4536 Third Generation Compact .45 ACP, All-Stainless, 3.75 in Barrel, DA/SA Decocker-Only, 2 Magazines (1991)
This Smith & Wesson Model 4536 is a scarce, short-run 1991 Third Generation compact in .45 ACP, built on an all-stainless platform with a matte bead-blast finish. Collectors estimate approximately 736 were produced. It features a DA/SA trigger, a frame-mounted decocker-only configuration, and fixed low-profile 3-dot sights. This example includes its factory box with matching end label, the correct manual, and two 7-round magazines.
Condition
Overall Condition: Very good condition, showing only light, superficial signs of prior handling or use.
Bore Condition: Excellent - Clean, mirror finish, no signs of wear.
Bore Rifling: Excellent Rifling - Sharp lands and grooves.
Specific Condition Notes: The metal shows minor, superficial scratches and small blemishes from light handling. Surfaces present cleanly overall.
What's Included
- Smith & Wesson factory blue pistol box with matching end label for Model 4536 (Product Code 103748)
- Smith & Wesson safety/instruction manual for frame-mounted decocking lever pistols (Models 5924, 5926, 4526, 4536)
- 2x 7-round single-stack steel magazines with finger-rest baseplates
The Model 4536 stands out as a compact, all-stainless Third Generation .45 ACP with a true decocker-only, frame-mounted control. Its short 3.75 in barrel and single-stack 7-round magazines deliver a slim profile while retaining .45 ACP performance, making the configuration distinctive within the lineup.
Factory features include rear cocking serrations only, an exposed hammer with a bobbed spur, and fine vertical serrations on both the frontstrap and backstrap for secure purchase. The square-profile trigger guard is serrated, complementing the gun’s practical control layout.
Sights are fixed, low-profile 3-dot, with a pinned/dovetailed front and a dovetailed rear. The one-piece wraparound synthetic grip carries the S&W logo and provides consistent hand placement.
Construction is stainless steel throughout, finished in matte bead-blast for a uniform, utilitarian appearance. This pistol was produced in the USA under Product Code/Mfg. Part Number 103748 during the 1991 short run.
Completeness adds appeal: the factory blue box bears a matching end label for the Model 4536, and the correct manual for frame-decocker Third Generation pistols is included along with two 7-round magazines with finger-rest baseplates.




