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Three-Duplex Multifamily Portfolio
For Sale
$899,900

316 Drake St, Jonesboro, AR 72401

Like-new buildings offer two-bedroom, two-bath layouts near shopping and dining.

Property Size2,294 SF
Price / SF$392.28
Days on Market149

Property Features for 316 Drake St

General Information

Standard status Active
Size 2,294 SF
Property subtype Residential Income

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $1,785

Building Details

Buildings 3
Listing Agency: Dustin White Realty
Listed By: Dustin White · License #PB00080059
Source: Exprealty
Added: Apr 10 Changed: Aug 31 Last Checked: Sep 4 at 9:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dustin White Realty

Investment Insights

Based on property information with market context.

This offering includes three like-new duplex buildings at 316 Drake St in Jonesboro, Arkansas. The combined property size is 2,294 square feet. Each residence is configured with two bedrooms and two full bathrooms, creating a consistent unit layout across the portfolio. The interiors are described as modern and functional, with maintenance-focused ownership in mind.

The property is positioned near shopping, dining, and local amenities in Jonesboro. Its repeated duplex configuration provides a uniform multifamily asset with residential layouts suited to rental occupancy or owner-occupant use, as supported by the property information.

Key Highlights

  • Three like‑new duplex buildings included in one offering
  • 2,294 square feet of combined property size
  • Each unit includes 2 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Barber Shop Veterinary Clinic Home Appliance Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

980
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Like-new buildings offer two-bedroom, two-bath layouts near shopping and dining.
Where is this duplex located?
The property is located at 316 Drake St Jonesboro, AR.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three like‑new duplex buildings included in one offering; 2,294 square feet of combined property size; Each unit includes 2 bedrooms and 2 full bathrooms
More about this property
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