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  • $969,000

    3701-3703 3705 School St, Jonesboro, AR 72401

    --beds
    --baths
    7,627sqft
    : 
    Quadruplex
    Built in 2011
    -- sqft lot
    $-- Zestimate®
    $127/sqft
    $-- HOA

    What's special

    The multifamily property presents an exceptional investment opportunity. Comprising two quadplexes and one duplex, the property includes a total of 10 units, each featuring 2b/1b. Situated in a prime location, this property offers easy access to local amenities, schools, and public transportation. The units are perfect for small families and students, ensuring steady rental demand. With 10 units, this property has significant rental income potential. The well-maintained condition of the properties minimizes immediate capital expenditure needs. As Jonesboro is a growing market with increasing property values, there is potential for property appreciation in addition to rental income. Owning multiple units in close proximity offers management efficiency and cost savings, while multifamily properties provide a diversified income stream, reducing risk compared to single-family investments. Positioned to attract a broad tenant base, this multifamily property ensures high occupancy rates. Overall, the portfolio of 2 quadplexes and 1 duplex on School St in Jonesboro, AR, represents a compelling investment, combining strategic location, high rental demand, and strong income potential.
    136 days
    on Zillow
    |
    71
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 04, 2025 at 10:22pm

    Listed by:

    Landon J Wilson 870-514-5578,

    Halsey Thrasher Harpole Real Estate Group 870-972-9191

    Source: CARMLS,MLS#: 25003690MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 3701-3703 3705 School St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Other
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 7,627
    • Total interior livable area: 7,627 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car
    Features
    • Levels: One
    Lot
    • Size: 0.81 Acres
    • Features: Other
    Details
    • Parcel number: 0114427227800
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Quadruplex
    Materials
    • Metal/Vinyl Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2011

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & HOA

    Community
    • Subdivision: Not in Subdivision
    Location
    • Region: Jonesboro

    Financial & listing details

    • Price per square foot: $127/sqft
    • Annual tax amount: $3,328
    • Date on market: 1/29/2025
    • Tenant pays: Other
    • Road surface type: Paved
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