Two-Bedroom Income
New
For Sale
$93,900
1300 S Church N-9, Jonesboro, AR 72401
Residential, Traditional, Jonesboro, AR
Property Size1,000 SF
Price / SF$93.90
Days on Market7
Property Features for 1300 S Church N-9
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Parking features
Assigned
Fireplace
1
Appliances
Microwave, Electric Range, Dishwasher, Refrigerator-Stays, Convection Oven
Subdivision
CAMBRIDGE COURT
Lot features
Level
Elementary school
JONESBORO
Middle school
JONESBORO
Directions
From Nettleton turn North on Church . Property on the right one block down
Standard status
Active
Size
1,000 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CAMBRIDGE COURT UNIT N-9
Tax Annual Amount
672
HOA Fee
$225 Monthly
Legal Description
CAMBRIDGE COURT UNIT N-9
Amenities
pool
Building Details
Year built
1982
Flooring type
Laminate
Roof type
Shingle
Architectural style
Other
Listing Agency:
Arnold Group Real Estate
(870) 932-2600
Listed By:
Kent Arnold · License #00010620
(870) 930-7750
Added: Sep 30
Changed: Oct 5
Last Checked: Oct 6 at 8:06AM
MLS# 26040327
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 1,000-square-foot condominium offers two bedrooms and two bathrooms, with an open living area and fireplace. A private balcony extends the living space. The kitchen has updated cabinets, a backsplash, and a pass-through to the living room; appliances include a microwave, electric range, dishwasher, refrigerator, and convection oven. Laminate flooring, assigned parking, and a shingle roof complete the property’s physical features.
Built in 1982, the condo is in Cambridge Court in Jonesboro. The association allows owners to rent the unit, and residents have use of an in-ground pool.
Built in 1982, the condo is in Cambridge Court in Jonesboro. The association allows owners to rent the unit, and residents have use of an in-ground pool.
Key Highlights
- Two bedrooms and two bathrooms in 1,000 square feet
- In‑ground pool available to residents
- Open living area with fireplace and private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,999
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,980
$120.0K
Cap Rate 7%
$85,700
$85.7K
Cap Rate 9%
$66,656
$66.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$11.6K $11.64/SF
− Vacancy
−$733 −$0.73/SF
EGI
$10.9K $10.91/SF
− OpEx
−$4.9K −$4.91/SF
NOI
$6.0K $6.00/SF
Area
Craighead County, AR
Vacancy
6.30%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,980
Cap Rate 7%
$85,700
Cap Rate 9%
$66,656
Alternative Uses
Best Use
Apartment 5plus
$85.7K
$75.0K – $100.0K
NOI $5,999 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$175.1K
$153.2K – $204.3K
NOI $12,255 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,233
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to an in-ground pool, and the association permits rental use.
Where is this residential income property located?
The property is located at 1300 S Church N-9 Jonesboro, AR.
What is the asking price?
The asking price for this property is $93,900.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 1,000 square feet; In‑ground pool available to residents; Open living area with fireplace and private balcony
