All-Brick Three-Unit
For Sale
$319,900
2210 Clark St, Jonesboro, AR 72401
Each residence offers two bedrooms, one bath, and stained concrete floors.
Property Size2,380 SF
Price / SF$134.41
Days on Market41
Property Features for 2210 Clark St
General Information
Standard status
Active
Size
2,380 SF
Property subtype
Residential Income
Occupancy
100%
Building Details
Construction
brick
Tenancy
Multi
Listing Agency:
Crye-Leike Realtors Jonesboro
(870) 530-0266
Listed By:
Rick McKenzie · License #00055712
(870) 530-0266
Source:
Exprealty
Added: Jun 30
Changed: Jul 31
Last Checked: Aug 8 at 8:03AM
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 Crye-Leike Realtors Jonesboro
Investment Insights
Based on property information with market context.
This all-brick triplex contains 2,380 square feet and includes three residences, each configured with two bedrooms and one bath. Interior features include stained concrete floors, while included appliances are refrigerators, stove/ovens, dishwashers, microwaves, and washer and dryer sets.
The property is located at 2210 Clark St in Jonesboro, AR, and is fully occupied as of July 2026. The owner pays water, sewer, internet, and cable; tenants pay electric. The existing configuration and included appliances provide a clearly defined multifamily setup for continued residential income use.
The property is located at 2210 Clark St in Jonesboro, AR, and is fully occupied as of July 2026. The owner pays water, sewer, internet, and cable; tenants pay electric. The existing configuration and included appliances provide a clearly defined multifamily setup for continued residential income use.
Key Highlights
- All‑brick triplex with 2,380 square feet
- Three units, each with 2 bedrooms and 1 bath
- Fully occupied as of July 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,719
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$314,380
$314.4K
Cap Rate 7%
$224,557
$224.6K
Cap Rate 9%
$174,656
$174.7K
Market Conditions
NOI Build-Up for 2,380 SF
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.
Gross rent
$24.3K $10.20/SF
− Vacancy
−$1.8K −$0.77/SF
EGI
$22.5K $9.44/SF
− OpEx
−$6.7K −$2.83/SF
NOI
$15.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$314,380
Cap Rate 7%
$224,557
Cap Rate 9%
$174,656
Alternative Uses
Best Use
Multifamily LT 5
$224.6K
$196.5K – $262.0K
NOI $15,719 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$204.0K
$178.5K – $238.0K
NOI $14,277 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$416.7K
$364.6K – $486.1K
NOI $29,167 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
336
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Each residence offers two bedrooms, one bath, and stained concrete floors.
Where is this triplex located?
The property is located at 2210 Clark St Jonesboro, AR.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: All‑brick triplex with 2,380 square feet; Three units, each with 2 bedrooms and 1 bath; Fully occupied as of July 2026
