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Residential Income Property

1008 Ferrell Drive Jacksonville, AR 72076

1008 Ferrell Drive, Jacksonville, AR, 72076
$109,900
For Sale
$109,900

CONDOS - Jacksonville, AR

Property Size1,275 SF
Lot Size0.15 Acres
Price / SF$86.20
Days on Market87

Property Features for 1008 Ferrell Drive

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bonus Room
Appliances
Electric Range, Dishwasher, Refrigerator-Stays
Standard status
Active
APN
12J-021-00-022-00
Size
1,275 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
FERRELL LOT 22
Tax Annual Amount
1155

Building Details

Year built
1973
Floors in Building
1
Flooring type
Carpet, Laminate
Roof type
Composition
Architectural style
Other
Listing Agency Trelora Realty, Inc.
355 S Teller St, Suite 200, Lakewood, AR
Listed by Anthony Giglio · License #216275
Added: Apr 24 Checked: Jul 19 at 12:06 pm
MLS# 26016458 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 well-maintained residence at 1008 Ferrell Drive in Jacksonville, AR offers a comfortable, functional floor plan with spacious interiors and natural light throughout. The property includes a generous yard for outdoor use and potential future enhancements. Total size is listed at 1,275 square feet, situated on a 0.15-acre lot.

According to the remarks, the home is located in a quiet, established neighborhood with convenient access to schools, shopping, dining, and major roadways. Additional details on the specific unit configuration are not provided in the listing materials.

For buyers seeking a residential income opportunity or a home with outdoor space, this property’s livable layout and yard area are the primary highlights noted in the information provided.

Key Highlights

  • Home at 1008 Ferrell Dr in Jacksonville, AR in a quiet, established neighborhood
  • Built in 1973 with a composition roof
  • Layout includes 3 bedrooms plus a bonus room and 2 bathrooms

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 $18.5k $14.52
− Vacancy −$1.1k −$0.84
EGI $17.4k $13.68
− OpEx −$7.8k −$6.16
NOI $9.6k $7.52
1,275 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$153.1K
$133.9K – $178.6K (±1% cap)
NOI $10,715 @ 7.0% cap · market cap 9.75%
Second Best
Apartment 5plus
$137.0K
$119.9K – $159.9K (±1% cap)
NOI $9,592 @ 7.0% cap · market cap 8.73%
Theoretical Best
Specialty Retail
$243.2K
$212.8K – $283.8K (±1% cap)
NOI $17,025 @ 7.0% cap · market cap 15.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Daycare Center Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained residence in Jacksonville, AR with a functional interior layout and a generous yard on a 0.15-acre lot.
Where is this duplex located?
The property is located at 1008 Ferrell Drive Jacksonville, AR.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Home at 1008 Ferrell Dr in Jacksonville, AR in a quiet, established neighborhood; Built in 1973 with a composition roof; Layout includes 3 bedrooms plus a bonus room and 2 bathrooms
Contact an agent
More about this property
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