Residential Income Property with
New
For Sale
$179,900
2711 Greenbriar Drive, Jonesboro, AR 72401
Residential, Traditional, Jonesboro, AR
Property Size1,377 SF
Price / SF$130.65
Days on Market5
Property Features for 2711 Greenbriar Drive
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking features
Carport
Interior features
Ceiling Fan(s), Breakfast Bar
Exterior features
Inground Pool
Fireplace
1
Appliances
Microwave, Dishwasher, Refrigerator-Stays
Subdivision
GREENBRIAR HORZ PROP REGIME
Lot features
Level
Elementary school
JONESBORO
Middle school
JONESBORO
High school
JONESBORO
Directions
North on SW DR, right on Stroud, and left on Greenbriar
Standard status
Active
Size
1,377 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
GREENBRIAR VILLAGE HORIZONTAL
Tax Annual Amount
1400
HOA Fee
$212 Monthly
Legal Description
GREENBRIAR VILLAGE HORIZONTAL
Amenities
sunroom
skylight
tile and laminate flooring
fenced yard area
Building Details
Year built
1997
Floors in Building
2
Flooring type
Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
Coldwell Banker Village Communities
(870) 935-7800
Listed By:
Martha Tolson · License #SA00071301
(870) 897-1127
Added: Oct 2
Changed: Oct 5
Last Checked: Oct 6 at 9:06AM
MLS# 26040362
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 2-bedroom, 2-bath condo contains 1,377 square feet and includes a sunroom, skylight, breakfast bar, and fireplace. The primary bedroom is on the main level, and a carport provides covered parking. Appliances include a microwave, dishwasher, and refrigerator. The property was built in 1997 and has an inground pool.
Key Highlights
- 2‑bedroom, 2‑bath condo with 1,377 square feet
- Sunroom offers additional interior space
- Primary bedroom is on the main level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,260
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$165,200
$165.2K
Cap Rate 7%
$118,000
$118.0K
Cap Rate 9%
$91,778
$91.8K
Market Conditions
NOI Build-Up for 1,377 SF
Gross rent
$16.0K $11.64/SF
− Vacancy
−$1.0K −$0.73/SF
EGI
$15.0K $10.91/SF
− OpEx
−$6.8K −$4.91/SF
NOI
$8.3K $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%
$165,200
Cap Rate 7%
$118,000
Cap Rate 9%
$91,778
Alternative Uses
Best Use
Apartment 5plus
$118.0K
$103.3K – $137.7K
NOI $8,260 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.1K
$210.9K – $281.3K
NOI $16,875 @ 7.0% cap · market cap 9.38%
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
567
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 - A main-level primary bedroom, fenced yard area, and shared interior spaces provide practical features for residential use.
Where is this residential income property located?
The property is located at 2711 Greenbriar Drive Jonesboro, AR.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath condo with 1,377 square feet; Sunroom offers additional interior space; Primary bedroom is on the main level
