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Remodeled Duplex with Additional Unit
For Sale
$335,000

1001 W Huntington Avenue W, Jonesboro, AR 72401

Multi-Family, Jonesboro, AR

Property Size1,952 SF
Lot Size0.17 Acres
Price / SF$171.62
Days on Market51

Property Features for 1001 W Huntington Avenue W

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 1
Window features Blinds
Exterior features Vinyl Siding
Fencing Chain Link
Subdivision Gregg & Houghto
Lot features Corner Lot, Shade Trees
Elementary school Jonesboro Magnet
High school Jonesboro High School
Standard status Active
APN 01-143134-06700
Size 1,952 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description GREGG & HOUGHTON SUB BLK 10 NI
Legal Description GREGG & HOUGHTON SUB BLK 10 NI

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air

Building Details

Floors in Building 1
Number of units 2
Flooring type Hardwood
Roof type Metal
Architectural style Cottage
Listing Agency: Century 21 Portfolio · Century 21 Real Estate
Listed By: Tannica Gamble
Added: Sep 2 Changed: Oct 18 Last Checked: Oct 22 at 12:06AM
MLS# 10132091

Copyright © 2026 Northeast 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.

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Investment Insights

Based on property information with market context.

This 1,952-square-foot duplex sits on a 0.1745-acre lot and includes an additional unit that has already been zoned for conversion into another rental residence. Recent improvements include electrical, plumbing, and HVAC upgrades. The property features a cottage-style design with vinyl siding, a metal roof, hardwood flooring, central heating, central air, and chain-link fencing.

Located at 1001 W Huntington Avenue W in Jonesboro, the property is within walking distance of Huntington Square and downtown Jonesboro. Its existing duplex configuration, updated building systems, and separately zoned additional unit provide a clear framework for continued residential income use.

Key Highlights

  • 1,952‑square‑foot duplex on a 0.1745‑acre lot
  • Additional unit already zoned for conversion into another rental residence
  • Electrical, plumbing, and HVAC systems have been upgraded

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,892
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,840 $257.8K
Cap Rate 7%
$184,171 $184.2K
Cap Rate 9%
$143,244 $143.2K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$19.9K $10.20/SF
− Vacancy
−$1.5K −$0.77/SF
EGI
$18.4K $9.44/SF
− OpEx
−$5.5K −$2.83/SF
NOI
$12.9K $6.60/SF
Area
Craighead County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,840
Cap Rate 7%
$184,171
Cap Rate 9%
$143,244

Alternative Uses

Best Use
Multifamily LT 5
$184.2K
$161.2K – $214.9K (±1% cap)
NOI $12,892 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$167.3K
$146.4K – $195.2K (±1% cap)
NOI $11,709 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$341.7K
$299.0K – $398.7K (±1% cap)
NOI $23,922 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby

Demographics for 72401, AR

43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated income property with refreshed systems, hardwood flooring, and a separately zoned unit for future rental use.
Where is this duplex located?
The property is located at 1001 W Huntington Avenue W Jonesboro, AR.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,952‑square‑foot duplex on a 0.1745‑acre lot; Additional unit already zoned for conversion into another rental residence; Electrical, plumbing, and HVAC systems have been upgraded
More about this property
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