Residential Income Duplex
1011 Ruth Ann Jacksonville, AR 72076
1011 Ruth Ann, Jacksonville, AR, 72076
$59,900
For Sale
$59,900
CONDOS - Jacksonville, AR
Property Size730 SF
Lot Size0.05 Acres
Price / SF$82.05
Days on Market33
Property Features for 1011 Ruth Ann
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1, Living Room, Bedroom 2
- Patio and Porch features
- Patio
- Interior features
- Wet Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Ceiling Fan(s), Wired for Highspeed Inter, Kit Counter-Formica
- Exterior features
- Patio, Fully Fenced, Wood Fence
- Fencing
- Wood, Full
- Appliances
- Free-Standing Stove, Electric Range, Dishwasher, Ice Maker Connection
- Standard status
- Active
- Size
- 730 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot50Block0BriarfieldSubSec4
- Tax Annual Amount
- 457
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Concrete, Tile, Laminate
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
McKimmey Associates REALTORS NLR
(501) 812-3500
5317 John F Kennedy Blvd, North Little Rock, AR
Listed by
Julann Carney
(501) 258-4779
Added: Jun 19 Updated: Jul 20 at 7:26 am Checked: Jul 21 at 2:06 am
MLS# 26024841
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 for-sale residential income condo unit offers 2 bedrooms and 1 bathroom with an eat-in dining area and an open concept living room. The unit is described as all-electric, with a PTAC air conditioning unit and floorboard heat. Washer and dryer connections are on-site. Exterior maintenance is described as low-maintenance, and the property includes a 10 x 24 backyard with a patio and privacy fence. Off-street parking for two vehicles is included.
The property is located at 1011 Ruth Ann in Jacksonville, Arkansas, and is described as having easy access to the freeway, shopping, and schools. The home is being sold “as is where is,” and utilities are the buyer’s responsibility for inspection purposes. No owner financing is available, and there are restrictions noted on rent-to-own and sight-unseen offers.
The listing states the property has been vacant and has a total size of 730 square feet.
The property is located at 1011 Ruth Ann in Jacksonville, Arkansas, and is described as having easy access to the freeway, shopping, and schools. The home is being sold “as is where is,” and utilities are the buyer’s responsibility for inspection purposes. No owner financing is available, and there are restrictions noted on rent-to-own and sight-unseen offers.
The listing states the property has been vacant and has a total size of 730 square feet.
Key Highlights
- 2 bed, 1 bath condo built in 1984 with open concept living and eat‑in dining area
- All‑electric unit with ceiling fans and electric water heater
- 10 x 24 backyard with patio plus full wood privacy fence
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 | $10.6k | $14.52 |
| − Vacancy | −$615 | −$0.84 |
| EGI | $10.0k | $13.68 |
| − OpEx | −$4.5k | −$6.16 |
| NOI | $5.5k | $7.52 |
730 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$87.6K
$76.7K – $102.3K
NOI $6,135 @ 7.0% cap · market cap 10.24%
Second Best
Apartment 5plus
$78.5K
$68.7K – $91.5K
NOI $5,492 @ 7.0% cap · market cap 9.17%
Theoretical Best
Specialty Retail
$139.2K
$121.8K – $162.5K
NOI $9,747 @ 7.0% cap · market cap 16.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Vacant 2-bedroom, 1-bath condo with off-street parking for two and washer/dryer connections on-site.
Where is this duplex located?
The property is located at 1011 Ruth Ann Jacksonville, AR.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 2 bed, 1 bath condo built in 1984 with open concept living and eat‑in dining area; All‑electric unit with ceiling fans and electric water heater; 10 x 24 backyard with patio plus full wood privacy fence
