Brick Duplex Multifamily
1012 N Main St Jonesboro, AR 72401
1012 N Main St, Jonesboro, AR, 72401
$759,900
For Sale
$759,900
MULTI_FAMILY - Jacksboro, AR
Property Size5,940 SF
Lot Size0.57 Acres
Price / SF$127.93
Days on Market95
Property Features for 1012 N Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bedroom 3, Bedroom 8, Bathroom 3, Bedroom 7, Bathroom 5, Bedroom 2, Bedroom 1, Bedroom 10, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 9, Bedroom 12, Bathroom 6, Bedroom 6, Bedroom 5, Bedroom 11, Bedroom 4
- Patio and Porch features
- Porch
- Interior features
- Washer-Stays, Dryer-Stays, Hot Water Heater-Electric
- Exterior features
- Partially Fenced, Porch, Chain Link
- Fencing
- Chain Link, Partial
- Appliances
- Built-In Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Built-In Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
- Standard status
- Active
- APN
- 01-144073-01400
- Size
- 5,940 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 1 Brookerson Replat
- Tax Annual Amount
- 4798
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Number of units
- 6
- Flooring type
- Concrete
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Compass Rose Realty
(870) 336-1008
314 S Main, Suite A, Jonesboro, AR
Listed by
Andrea Andrews
(870) 761-7774
Added: Apr 16 Checked: Jul 19 at 12:06 am
MLS# 26015226
Listing URL
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property offers six currently occupied units across three 2018-built duplexes. Each duplex exterior is wrapped in brick and topped with architectural shingles, with covered front porches, parking, and fencing. Inside, each unit provides approximately 990 square feet with a large living room featuring a tray ceiling, a kitchen with an electric range, built-in microwave, and dishwasher, plus access to the backyard. The layout includes two bedrooms, a full bathroom with a shower/tub combo, and an in-unit laundry room. Granite countertops and concrete flooring are noted throughout, along with built-in closet shelving. All appliances convey, and electric meters are separate; the owner pays utilities and cable.
The property is located at 1012 N Main St in the Brookerson Replat in Jacksboro, Arkansas, within the Jonesboro School District. The site is described as being near downtown and local amenities.
The asset is positioned for rental operations with separate electric metering for each unit and covered, enclosed-feel exterior elements including porches, parking, and fencing.
The property is located at 1012 N Main St in the Brookerson Replat in Jacksboro, Arkansas, within the Jonesboro School District. The site is described as being near downtown and local amenities.
The asset is positioned for rental operations with separate electric metering for each unit and covered, enclosed-feel exterior elements including porches, parking, and fencing.
Key Highlights
- Triplex of three 2018‑built duplexes (6 units) on a R‑3 zoned .57 +/- acre lot in the Jonesboro School District
- All 6 units currently occupied, with separate electric meters; owner pays utilities and cable
- Each unit offers 990 SF +/- of living space with a large living room and tray ceiling
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.1k | $11.64 |
| − Vacancy | −$4.4k | −$0.73 |
| EGI | $64.8k | $10.91 |
| − OpEx | −$29.2k | −$4.91 |
| NOI | $35.6k | $6.00 |
5,940 SF · lease $11.64/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$509.0K
$445.4K – $593.9K
NOI $35,632 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$910.0K – $1.21M
NOI $72,796 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six occupied units across three 2018-built duplexes on a 0.57-acre, R-3 zoned lot with fenced outdoor space.
Where is this apartment building located?
The property is located at 1012 N Main St Jonesboro, AR.
What is the asking price?
The asking price for this property is $759,900.
What are key features of this property?
This property features: Triplex of three 2018‑built duplexes (6 units) on a R‑3 zoned .57 +/- acre lot in the Jonesboro School District; All 6 units currently occupied, with separate electric meters; owner pays utilities and cable; Each unit offers 990 SF +/- of living space with a large living room and tray ceiling
