Two-Bedroom Residential Income
For Sale
$185,000
3100 Olivia Court, Jonesboro, AR 72404
Residential, Ranch, Townhouse, Jonesboro, AR
Property Size1,280 SF
Price / SF$144.53
Days on Market52
Property Features for 3100 Olivia Court
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 2, Bathroom 1, Bedroom 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
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
(870) 680-3203
Added: Sep 1
Changed: Oct 20
Last Checked: Oct 22 at 12:06AM
MLS# 26035557
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 1,280-square-foot condo, built in 2024, features an open-concept living and dining area with two bedrooms and two bathrooms. The primary suite includes a walk-in shower, double vanities, and a walk-in closet. Vaulted ceilings and clerestory windows bring natural light into the residence, while granite countertops, ceramic wood-look tile flooring, a breakfast bar, pantry, and electric appliances add practical finish details. A carport and covered patio provide additional convenience, and the property includes washer and dryer connections, electric water heating, ceiling fans, window treatments, and a fireplace.
The residence is located in Bredar Village Subdivision in Jonesboro’s 72404 ZIP code. It 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.
The residence is located in Bredar Village Subdivision in Jonesboro’s 72404 ZIP code. It 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
- 2024‑built condo with 1,280 square feet of living area
- Two‑bedroom, two‑bath layout with an open‑concept living and dining area
- Primary suite includes walk‑in shower, double vanities, and walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,678
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,560
$153.6K
Cap Rate 7%
$109,686
$109.7K
Cap Rate 9%
$85,311
$85.3K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$14.9K $11.64/SF
− Vacancy
−$939 −$0.73/SF
EGI
$14.0K $10.91/SF
− OpEx
−$6.3K −$4.91/SF
NOI
$7.7K $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%
$153,560
Cap Rate 7%
$109,686
Cap Rate 9%
$85,311
Alternative Uses
Best Use
Apartment 5plus
$109.7K
$96.0K – $128.0K
NOI $7,678 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.1K
$196.1K – $261.5K
NOI $15,687 @ 7.0% cap · market cap 8.48%
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
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Newly built condo offers vaulted ceilings, granite countertops, and a covered patio.
Where is this residential income property located?
The property is located at 3100 Olivia Court Jonesboro, AR.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 2024‑built condo with 1,280 square feet of living area; Two‑bedroom, two‑bath layout with an open‑concept living and dining area; Primary suite includes walk‑in shower, double vanities, and walk‑in closet
