Jonesboro, AR Rental Home
4 Single Family Rental House Package, Jonesboro, AR 72401
For Sale
$552,000
Multi-Family, Jonesboro, AR
Property Size5,175 SF
Price / SF$106.67
Days on Market186
Property Features for 4 Single Family Rental House Package
General Information
Property type
Property subtype
Subdivision
Directions
Standard status
Size
Building Details
Floors in Building
Number of units
Listing Agency:
Halsey Real Estate - Benton
(501) 575-9191
Listed By:
Zane Neves · License #SA00099220
(870) 530-7712
Added: May 8
Changed: Sep 5
Last Checked: Nov 9 at 4:06AM
MLS# 26020807
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Package of four single‑family rental homes
- Mix of tenant‑occupied and vacant properties
- Immediate rental income from occupied properties
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,178
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,560
$683.6K
Cap Rate 7%
$488,257
$488.3K
Cap Rate 9%
$379,756
$379.8K
Market Conditions
NOI Build-Up for 5,175 SF
Gross rent
$52.8K $10.20/SF
− Vacancy
−$4.0K −$0.77/SF
EGI
$48.8K $9.44/SF
− OpEx
−$14.6K −$2.83/SF
NOI
$34.2K $6.60/SF
Area
Craighead County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,560
Cap Rate 7%
$488,257
Cap Rate 9%
$379,756
Alternative Uses
Best Use
Multifamily LT 5
$488.3K
$427.2K – $569.6K
NOI $34,178 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$443.5K
$388.0K – $517.4K
NOI $31,043 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$906.0K
$792.8K – $1.06M
NOI $63,420 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four single-family homes for investors in Jonesboro, Arkansas.
Where is this quadplex 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
