New Residential Income
For Sale
$192,900
3021 Olivia Court, Jonesboro, AR 72404
Residential, Traditional, Jonesboro, AR
Property Size1,216 SF
Price / SF$158.63
Days on Market60
Property Features for 3021 Olivia Court
General Information
Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Carport
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Breakfast Bar
Exterior features
Covered Patio
Appliances
Microwave, Electric Range, Dishwasher
Subdivision
Not In List
Lot features
Level, Extra Landscaping
Elementary school
NETTLETON
Middle school
NETTLETON
High school
NETTLETON
Directions
South on Stadium, Left on Colony, Left on Antosh Circle to Olivia.
Standard status
Active
APN
01-134041-14200
Size
1,216 SF
Taxes and HOA fees
Tax Description
3021 Olivia Unit 2
HOA Fee
$150 Monthly
Legal Description
3021 Olivia Unit 2
Building Details
Year built
2026
Floors in Building
1
Flooring type
Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
Coldwell Banker Village Communities
(870) 935-7800
Listed By:
Kevin Kercheval
(870) 926-3225
Added: Aug 24
Changed: Oct 18
Last Checked: Oct 22 at 10:06AM
MLS# 26035486
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.
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Investment Insights
Based on property information with market context.
This residential income condo is a newly constructed, never-occupied two-bedroom, two-bath home with approximately 1,216 square feet of living space. The interior includes an open-concept arrangement, vaulted ceilings, luxury vinyl plank flooring, granite countertops, quality cabinetry, a breakfast bar, and a primary bathroom with a tiled shower. Ceiling fans, a laundry room, microwave, electric range, and dishwasher are also included.
The property features a covered patio and a covered two-car carport. Built in 2026 and currently identified as under construction, the condo is located at 3021 Olivia Court in Jonesboro, Arkansas, within ZIP code 72404. Its configuration and finishes support residential use by an owner-occupant or as an income-producing property.
The property features a covered patio and a covered two-car carport. Built in 2026 and currently identified as under construction, the condo is located at 3021 Olivia Court in Jonesboro, Arkansas, within ZIP code 72404. Its configuration and finishes support residential use by an owner-occupant or as an income-producing property.
Key Highlights
- Approximately 1,216 square feet with 2 bedrooms and 2 bathrooms
- Newly constructed in 2026 and never occupied
- Open‑concept interior with vaulted ceilings and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,294
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,880
$145.9K
Cap Rate 7%
$104,200
$104.2K
Cap Rate 9%
$81,044
$81.0K
Market Conditions
NOI Build-Up for 1,216 SF
Gross rent
$14.2K $11.64/SF
− Vacancy
−$892 −$0.73/SF
EGI
$13.3K $10.91/SF
− OpEx
−$6.0K −$4.91/SF
NOI
$7.3K $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%
$145,880
Cap Rate 7%
$104,200
Cap Rate 9%
$81,044
Alternative Uses
Best Use
Apartment 5plus
$104.2K
$91.2K – $121.6K
NOI $7,294 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$212.9K
$186.3K – $248.4K
NOI $14,902 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
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Business Placement
Demographics for 72404, AR
29,344
Population
12,518
Households
2.3
Avg Household Size
35
Median Age
34%
College-Educated
93%
High-School Grad
128.0 sq mi
ZIP Area
229
Density / Sq Mi
$67,000
Median Household Income
$40,373
Median Earnings
$938
Median Rent
$236,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom condo with an open layout, modern finishes, and covered parking in Jonesboro.
Where is this residential income property located?
The property is located at 3021 Olivia Court Jonesboro, AR.
What is the asking price?
The asking price for this property is $192,900.
What are key features of this property?
This property features: Approximately 1,216 square feet with 2 bedrooms and 2 bathrooms; Newly constructed in 2026 and never occupied; Open‑concept interior with vaulted ceilings and luxury vinyl plank flooring
