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506 Meadowbrook St Jonesboro, AR 72401

OFF-MARKET Land Google Maps
1,650 SF
Estimated value
No estimation on file for this property yet.
Property ID US05-1214555

Property summary

AI-generated overview

This well-maintained duplex, located on the west end of Jonesboro, Arkansas, presents a compelling investment opportunity. Situated at 506 Meadowbrook, Jonesboro, AR 72401, this property offers a total of 1,650 square feet. The duplex is classified as a multifamily property and is categorized as both an apartment building and commercial property. Each of the two units boasts two bedrooms and one bathroom, making them attractive to long-term tenants. The property's excellent condition and the strong demand for rental housing in the area contribute to its potential for consistent and substantial rental income. This makes it an ideal investment for both seasoned investors seeking to expand their portfolios and newcomers looking to enter the real estate market. The asking price for this property is $160,000. Given its location in Craighead County and its features, this duplex represents a strong addition to any investment portfolio. The property's address is easily accessible, and its design caters to the needs of renters seeking comfortable and convenient living spaces. This is a rare opportunity to acquire a high-demand asset in a thriving market.

Property profile

Verified
Property type Land
Total area 1,650 SF
UPID US05-1214555

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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