Four-Home Residential Income
For Sale
$249,900
380 Jumbo Road, Melbourne, AR 72556
Four rental homes built in 2019 sit on 2.21 acres near Melbourne, Arkansas, with current tenants in place.
Lot Size2.21 Acres
Days on Market151
Property Features for 380 Jumbo Road
General Information
Standard status
Active
Lot size
2.21 Acres
Property subtype
Commercial
Additional Details
Asking Price
$249,900
Building Details
Building Size
2,712 SF
Year Built
2019
Buildings
4
Tenancy
Multi
Listing Agency:
United Country Ozark Realty
(870) 291-7911
Listed By:
Cody Cooper
(870) 291-7911
Source:
Jcthornton
Added: Mar 2
Changed: Jul 30
Last Checked: Jul 31 at 1:40PM
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 four-home residential income property includes four rental residences built in 2019 on 2.21 acres. The current unit mix offers two 1-bedroom, 1-bath homes with approximately 625 SF each and two 2-bedroom, 1-bath homes with approximately 875 SF each. Each rental includes appliances, and the homes are described as modern construction designed for efficient, low-maintenance living.
The property is located about 1 mile outside of Melbourne, Arkansas, positioned in a quiet, private country setting. With the homes currently rented, the property is set up to provide immediate rental occupancy for a new owner.
For buyers looking at residential rental assets, this is a compact, straightforward portfolio of four homes with a balanced one- and two-bedroom mix on one site.
The property is located about 1 mile outside of Melbourne, Arkansas, positioned in a quiet, private country setting. With the homes currently rented, the property is set up to provide immediate rental occupancy for a new owner.
For buyers looking at residential rental assets, this is a compact, straightforward portfolio of four homes with a balanced one- and two-bedroom mix on one site.
Key Highlights
- Four rental homes built in 2019
- 2.21‑acre property near Melbourne, Arkansas
- Unit mix: two 1 bed/1 bath homes (~625 SF)
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four rental homes built in 2019 sit on 2.21 acres near Melbourne, Arkansas, with current tenants in place.
Where is this quadplex located?
The property is located at 380 Jumbo Road 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 built in 2019; 2.21‑acre property near Melbourne, Arkansas; Unit mix: two 1 bed/1 bath homes (~625 SF)
