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Triplex with Garage Workshop
For Sale
$249,900

1402 Loberg Ln, Jonesboro, AR 72401

Three residential dwellings offer varied layouts, garage space, and covered outdoor areas on a corner lot within city limits.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market10

Property Features for 1402 Loberg Ln

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Living space needs TLC

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 2BR/1BA
Multifamily Units 3

Amenities

above-ground storm shelter
Listing Agency: Johnson Real Estate Group
Listed By: Danna Johnson
Source: Pcsingtolittlerock
Added: Sep 6 Last Checked: Sep 14 at 5:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnson Real Estate Group

Investment Insights

Based on property information with market context.

This triplex property comprises three separate dwellings on approximately 1 acre m/l. The primary residence at 1402 Loberg provides 1,620 sq. ft. with three bedrooms, 1.5 baths, a living room, den, eat-in kitchen with island and bar, and an oversized sunroom. It has a brick exterior and covered patio. The second residence at 2031 W Nettleton contains 1,170 sq. ft., two bedrooms, one bath, a large living area, galley kitchen, attached 900 sq. ft. garage/workshop, and an additional one-car garage; the living space needs TLC. The third unit at 2029 W Nettleton is a 720 sq. ft. mobile home with a 256 sq. ft. addition and secondary metal roof.

The corner-lot property is within city limits and approximately 0.4 mile from the junior high school. An above-ground storm shelter and double metal carport are included. Two units are currently leased. The property is offered as-is. The metal carport at the main home and metal porch facing Loberg do not convey.

Key Highlights

  • Three separate dwelling units on approximately 1 acre m/l
  • Main home offers 1,620 sq. ft., three bedrooms, 1.5 baths, den, eat‑in kitchen, and oversized sunroom
  • Second dwelling includes 1,170 sq. ft. and an attached 900 sq. ft. garage/workshop

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Building Supply Dental Office Parking Lot & Garage Spa & Massage Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

116
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential dwellings offer varied layouts, garage space, and covered outdoor areas on a corner lot within city limits.
Where is this triplex located?
The property is located at 1402 Loberg Ln Jonesboro, AR.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Three separate dwelling units on approximately 1 acre m/l; Main home offers 1,620 sq. ft., three bedrooms, 1.5 baths, den, eat‑in kitchen, and oversized sunroom; Second dwelling includes 1,170 sq. ft. and an attached 900 sq. ft. garage/workshop
More about this property
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