Remodeled Duplex with Additional
New
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 Market2
Property Features for 1001 W Huntington Avenue W
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Rooms
Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 5
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
(870) 933-0026
Listed By:
Tannica Gamble · License #00054980
(870) 761-0084
Added: Sep 2
Last Checked: Sep 3 at 3:06PM
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.
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,892
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $12,892 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$167.3K
$146.4K – $195.2K
NOI $11,709 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$341.7K
$299.0K – $398.7K
NOI $23,922 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
