4-Unit Multifamily
For Sale
$249,900
380 Jumbo Rd, Melbourne, AR 72556
Four rental homes built in 2019 provide an income-producing residential configuration near town on a 2.21-acre tract.
Property Size2,712 SF
Price / SF$92.15
Days on Market180
Property Features for 380 Jumbo Rd
General Information
Standard status
Active
Size
2,712 SF
Taxes and HOA fees
Annual Taxes
$1,832
Listing Agency:
United Country Ozark Realty
(870) 291-7911
Listed By:
Cody Cooper
(870) 291-7911
Source:
Exprealty
Added: Mar 5
Changed: Aug 29
Last Checked: Aug 30 at 10:00PM
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 United Country Ozark Realty
Investment Insights
Based on property information with market context.
This multifamily property comprises four rental homes constructed in 2019 across 2.21 acres. The unit mix includes two one-bedroom, one-bath homes and two two-bedroom, one-bath homes. Each residence includes appliances, creating a consistent offering across the property.
The homes sit approximately 1 mile outside Melbourne in Izard County, Arkansas, placing residents near town while retaining a country setting. All four units are currently rented, giving the property an established rental profile. The combination of multiple detached residences, recent construction, and an existing tenant base provides a straightforward residential income configuration.
The homes sit approximately 1 mile outside Melbourne in Izard County, Arkansas, placing residents near town while retaining a country setting. All four units are currently rented, giving the property an established rental profile. The combination of multiple detached residences, recent construction, and an existing tenant base provides a straightforward residential income configuration.
Key Highlights
- Four rental homes on 2.21 acres
- All four units built in 2019
- Unit mix includes two 1‑bedroom homes and two 2‑bedroom homes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 72556, AR
3,362
Population
1,850
Households
1.8
Avg Household Size
46
Median Age
21%
College-Educated
90%
High-School Grad
161.2 sq mi
ZIP Area
21
Density / Sq Mi
$46,452
Median Household Income
$33,370
Median Earnings
$627
Median Rent
$173,600
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?
Multifamily property - Four rental homes built in 2019 provide an income-producing residential configuration near town on a 2.21-acre tract.
Where is this multifamily property located?
The property is located at 380 Jumbo Rd Melbourne, AR.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Four rental homes on 2.21 acres; All four units built in 2019; Unit mix includes two 1‑bedroom homes and two 2‑bedroom homes
