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$ 179,000
Est. payment /mo
New
Address not disclosed Jonesboro, AR 72401
2 Beds
2 Baths
2,136 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,136 sqft
Price per Sqft $83
Subdivision Burns
MLS Listing ID 26033244
Style Other (see remarks)
Bedrooms 2
Annual Tax Amount $1,319
Lot Size 49299.441 Acres
Acres 99999.0
Property Sub-Type Duplex
Property Description
Two buildings, three income streams, one closing. This offering pairs a duplex with a freestanding commercial building on a single parcel in the Downtown Jonesboro Redevelopment District, priced at $57 per square foot across 2136 total square feet. The duplex holds two 1 bedroom, 1 bath units, each with its own living room and kitchen with range, refrigerator, and dishwasher. Both are currently rented and produce a combined $1,550 per month, with modest room to move toward market rates at turnover. The commercial building is leased to a music store, adding a third income stream and a working storefront on Flint Street. The location does real work here: the Redevelopment District continues to pull investment toward downtown Jonesboro, and parcels that combine residential and commercial income rarely surface at this price. Hold it as-is for cash flow, improve rents over time, or position it for redevelopment as downtown grows. A financial summary is available, with full detail provided to qualified buyers.
Location
State AR
County Craighead
Area Jonesboro D
Zoning r2
Rooms
Kitchen Built-In Stove, Other (see remarks)
Interior
Heating Mini Split
Flooring Luxury Vinyl
Equipment Built-In Stove, Other (see remarks)
Exterior
Parking Features Other (see remarks)
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
Roof Type Architectural Shingle
Building
Lot Description Level
Foundation Crawl Space
New Construction No
Listed by JCS Realty • Cole Stevenson