Brick Triplex with Updated
For Sale
$239,900
2612 Stallings Ln, Jonesboro, AR 72401
Multi-Family, Ranch, Jonesboro, AR
Property Size1,936 SF
Lot Size0.19 Acres
Price / SF$123.92
Days on Market50
Property Features for 2612 Stallings Ln
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 5, Bathroom 4, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3, Bathroom 6, Bedroom 1, Bedroom 4, Bathroom 1
Interior features
Washer Connection, Dryer Connection-Electric
Appliances
Built-In Stove, Built-In Stove
Subdivision
Slocums Replat
Lot features
In Subdivision
Elementary school
JONESBORO
Middle school
JONESBORO
High school
JONESBORO
Directions
Starting on Red Wolf Blvd, make a L onto Stallings, property is ahead on your L.
Standard status
Active
APN
01-144212-23100
Size
1,936 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Lot 2 Slocums Replat
Tax Annual Amount
1142
Legal Description
Lot 2 Slocums Replat
Building Details
Floors in Building
2
Number of units
3
Flooring type
Vinyl
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Compass Rose Realty
(870) 336-1008
Listed By:
Kyah Mancil
(901) 371-1617
Added: Aug 16
Changed: Sep 15
Last Checked: Oct 4 at 7:06PM
MLS# 26033502
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 1,936-square-foot brick triplex is arranged in a ranch-style configuration and includes vinyl flooring throughout. Unit C has received flooring, trim, and paint improvements, while the property is protected by an architectural shingle roof installed five years ago. Washer connections and electric dryer connections are provided, along with built-in stoves.
Located at 2612 Stallings Ln in Jonesboro, the property is near schools, shopping, and major highways. Each tenant is responsible for their own utilities, simplifying ongoing ownership and property operations.
Located at 2612 Stallings Ln in Jonesboro, the property is near schools, shopping, and major highways. Each tenant is responsible for their own utilities, simplifying ongoing ownership and property operations.
Key Highlights
- 1,936‑square‑foot brick triplex on a 0.19‑acre lot
- Unit C updated with new flooring, trim, and paint
- Architectural shingle roof is five years old
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
$12,786
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
5.33%
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%
$255,720
$255.7K
Cap Rate 7%
$182,657
$182.7K
Cap Rate 9%
$142,067
$142.1K
Market Conditions
NOI Build-Up for 1,936 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
$19.7K $10.20/SF
− Vacancy
−$1.5K −$0.77/SF
EGI
$18.3K $9.44/SF
− OpEx
−$5.5K −$2.83/SF
NOI
$12.8K $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%
$255,720
Cap Rate 7%
$182,657
Cap Rate 9%
$142,067
Alternative Uses
Best Use
Multifamily LT 5
$182.7K
$159.8K – $213.1K
NOI $12,786 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$165.9K
$145.2K – $193.6K
NOI $11,613 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$338.9K
$296.6K – $395.4K
NOI $23,726 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,208
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
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
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Frequently Asked Questions
What type of property is this?
Triplex - Ranch-style multifamily property with vinyl flooring and tenant-paid utilities.
Where is this triplex located?
The property is located at 2612 Stallings Ln Jonesboro, AR.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,936‑square‑foot brick triplex on a 0.19‑acre lot; Unit C updated with new flooring, trim, and paint; Architectural shingle roof is five years old
