Duplex Townhome with Vaulted
For Sale
$193,000
3100 Olivia Court, Jonesboro, AR 72404
TOWNHOME - Jonesboro, AR
Property Size1,280 SF
Price / SF$150.78
Days on Market164
Property Features for 3100 Olivia Court
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Laundry Room, Bathroom 1, Bathroom 2
Parking features
Carport
Patio and Porch features
Patio
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Kit Counter- Granite Slab
Exterior features
Guttering, Video Surveillance, Covered Patio
Fireplace
1
Appliances
Microwave, Electric Range, Dishwasher, Disposal, Pantry
Subdivision
Metes & Bounds
Lot features
Cul-de-sac, Cleared, In Subdivision
Elementary school
NETTLETON
Middle school
NETTLETON
High school
NETTLETON
Directions
Stadium Boulevard to Antosh Circle. Follow Antosh Cirlce to Olivia Court. 3100 Olivia Court is the 2nd building to the right in the cul-de-sac.
Standard status
Active
APN
01-134041-13100
Size
1,280 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
3100 Unit 3 Brendar Village
Tax Annual Amount
1305
HOA Fee
$150 Monthly
Legal Description
3100 Unit 3 Brendar Village
Amenities
vaulted ceilings
clerestory windows
granite countertops
ceramic wood-look tile flooring
walk-in shower
double vanities
walk-in closet
Building Details
Year built
2024
Floors in Building
1
Flooring type
Tile
Roof type
Shingle
Architectural style
Other, Ranch
Listing Agency:
Compass Rose Realty
(870) 336-1008
Listed By:
Amber Ahrent · License #00088359
(870) 680-3203
Added: Feb 26
Changed: Aug 6
Last Checked: Aug 9 at 1:06PM
MLS# 26007687
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.
Duplex-style townhome built in 2024 offering two bedrooms and two bathrooms, designed with vaulted ceilings and clerestory windows for abundant natural light. The kitchen features granite slab countertops and a breakfast bar, with ceramic wood-look tile flooring throughout. Interior finishes include a private primary suite with a walk-in shower, double vanities, and a walk-in closet, plus a dedicated guest suite and two-bath layout.
Additional living comforts include a fireplace and in-home laundry connections with washer and dryer connections, along with electric water heating. Exterior amenities include a covered patio and patio, and the property is equipped with video surveillance. Parking is provided via a carport.
Convenient to area employers and healthcare, the home is just over 5 miles from Arkansas State University, approximately 7 miles from NEA Baptist Memorial Hospital, and about 5 miles from St. Bernards Medical Center.
Additional living comforts include a fireplace and in-home laundry connections with washer and dryer connections, along with electric water heating. Exterior amenities include a covered patio and patio, and the property is equipped with video surveillance. Parking is provided via a carport.
Convenient to area employers and healthcare, the home is just over 5 miles from Arkansas State University, approximately 7 miles from NEA Baptist Memorial Hospital, and about 5 miles from St. Bernards Medical Center.
Key Highlights
- Built in 2024 ranch‑style duplex townhome with two bedrooms and two full baths
- Vaulted ceilings with clerestory windows for natural light
- Granite slab countertops with breakfast bar and ceramic wood‑look tile flooring
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
$8,454
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
4.38%
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%
$169,080
$169.1K
Cap Rate 7%
$120,771
$120.8K
Cap Rate 9%
$93,933
$93.9K
Market Conditions
NOI Build-Up for 1,280 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
$13.1K $10.20/SF
− Vacancy
−$979 −$0.77/SF
EGI
$12.1K $9.44/SF
− OpEx
−$3.6K −$2.83/SF
NOI
$8.5K $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%
$169,080
Cap Rate 7%
$120,771
Cap Rate 9%
$93,933
Alternative Uses
Best Use
Multifamily LT 5
$120.8K
$105.7K – $140.9K
NOI $8,454 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$109.7K
$96.0K – $128.0K
NOI $7,678 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$224.1K
$196.1K – $261.5K
NOI $15,687 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex-style townhome featuring vaulted ceilings with clerestory windows, granite counters, two bedrooms, and two full baths.
Where is this duplex located?
The property is located at 3100 Olivia Court Jonesboro, AR.
What is the asking price?
The asking price for this property is $193,000.
What are key features of this property?
This property features: Built in 2024 ranch‑style duplex townhome with two bedrooms and two full baths; Vaulted ceilings with clerestory windows for natural light; Granite slab countertops with breakfast bar and ceramic wood‑look tile flooring
