Two-Unit
New
For Sale
$189,900
1413 S Church Street, Jonesboro, AR 72401
Multi-Family, Jonesboro, AR
Property Size1,701 SF
Price / SF$111.64
Days on Market5
Property Features for 1413 S Church Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Window features
Blinds
Subdivision
Culberhouse
Lot features
Sloping
Elementary school
Jonesboro Magnet
High school
Jonesboro High School
Standard status
Active
APN
01-144193-12000
Size
1,701 SF
Taxes and HOA fees
Tax Description
CULBERHOUSE 1ST ADD E99 ' OF L
Legal Description
CULBERHOUSE 1ST ADD E99 ' OF L
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
appliances
Building Details
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Jonesboro Realty Company
(870) 243-3993
Listed By:
Josh Olson · License #00058768
(187) 024-3399
Added: Oct 13
Last Checked: Oct 17 at 3:06PM
MLS# 10132927
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.
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Investment Insights
Based on property information with market context.
This 1,701-square-foot ranch-style duplex contains two residences, each arranged with two bedrooms and one bathroom. Appliances are included, and the units are described as ready for occupancy. Vinyl and carpet flooring are present, with central heating and central air conditioning. The building has a shingle roof.
The property is within walking distance of downtown Jonesboro.
The property is within walking distance of downtown Jonesboro.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,701 square feet
- Appliances included in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,234
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,680
$224.7K
Cap Rate 7%
$160,486
$160.5K
Cap Rate 9%
$124,822
$124.8K
Market Conditions
NOI Build-Up for 1,701 SF
Gross rent
$17.4K $10.20/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$16.0K $9.44/SF
− OpEx
−$4.8K −$2.83/SF
NOI
$11.2K $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 Rate 5%
$224,680
Cap Rate 7%
$160,486
Cap Rate 9%
$124,822
Alternative Uses
Best Use
Multifamily LT 5
$160.5K
$140.4K – $187.2K
NOI $11,234 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$145.8K
$127.6K – $170.1K
NOI $10,204 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$297.8K
$260.6K – $347.4K
NOI $20,846 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
795
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include appliances and a two-bedroom, one-bathroom layout.
Where is this duplex located?
The property is located at 1413 S Church Street Jonesboro, AR.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,701 square feet; Appliances included in both units
