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    Jonesboro, AR Rental Home Package Title is generated by Realmo AI

    4 Single Family Rental House Package, Jonesboro, AR 72401

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    For Sale
    $552,000

    MULTI_FAMILY - Jonesboro, AR

    Property size:
    5,175 SF
    Price / SF:
    $106/SF
    Added:
    May 8, 2026
    Days on Market:
    37
    Last Refresh:
    Jun 13 at 6:06 am

    Property Features for 4 Single Family Rental House Package

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    5,175 SF

    Building Details

    Floors in Building
    1
    Number of units
    4

    We can help!

    Listing Contact
    Zane Neves

    Listing agent Zane Neves

    Listing office Halsey Real Estate - Benton 20461 I-30, Ste 300, Jonesboro, AR

    Listing date May 8, 2026

    MLS# 26020807 Listing URL

    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.

    HighLights

    • Package of four single‑family rental homes
    • Mix of tenant‑occupied and vacant properties
    • Immediate rental income from occupied properties
    • Value‑add potential from vacant properties
    • Includes properties at 4703 Victoria Watts Place, 2205 Circle Drive, 1925 W. Nettleton Ave, and 1915 Westwood Drive
    • Opportunity to expand rental portfolio

    Overview

    This investor opportunity features a package of four single-family rental homes located throughout Jonesboro. The portfolio includes a mix of tenant-occupied and vacant properties, offering both immediate rental income and value-add potential. Properties included are 4703 Victoria Watts Place (3 bedrooms, 2 bathrooms, 1,166 square feet - tenant occupied), 2205 Circle Drive (2 bedrooms, 1 bathroom, 768 square feet - tenant occupied), 1925 W. Nettleton Ave (3 bedrooms, 2 bathrooms, 1,507 square feet - vacant), and 1915 Westwood Drive (3 bedrooms, 2.5 bathrooms, 1,734 square feet - vacant). The total property size is 5,175 square feet. This is a great opportunity for investors seeking to expand their rental portfolio, offering a combination of stabilized income and lease-up potential. Additional information is available upon request.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $60.2k $11.64
    − Vacancy −$3.8k −$0.73
    EGI $56.4k $10.91
    − OpEx −$25.4k −$4.91
    NOI $31.0k $6.00
    5,175 SF · lease $11.64/SF/yr · vacancy 6.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $443.5K
    $388.0K – $517.4K (±1% cap)
    NOI $31,043 @ 7.0% cap · market cap 5.62%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $906.0K
    $792.8K – $1.06M (±1% cap)
    NOI $63,420 @ 7.0% cap · market cap 11.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6886
    Latitude
    35.8392

    FAQs

    What type of property is this?
    Single family property - Four single-family homes for investors in Jonesboro, Arkansas.
    Where is this single family property located?
    The property is located at 4 Single Family Rental House Package Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $552,000.
    What are key features of this property?
    This property features: Package of four single‑family rental homes; Mix of tenant‑occupied and vacant properties; Immediate rental income from occupied properties
    More about this property
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