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1708 Pineview Street

Jonesboro, AR 72405
  • $424,900
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 10118379
UPDATED: 38 min ago
$424,900
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,808
    SQFT
  • $151
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:
B

School Information

Elementary School:
Middle School:
High School:

Description

Discover an exceptional investment opportunity with this fully occupied 6-unit apartment building, strategically located within the city limits of Jonesboro, Arkansas. Situated on a generous 0.33-acre lot, this property offers both stability and growth potential. The exterior of the building has been repainted, enhancing curb appeal and reducing future maintenance costs. Additionally, three of the six units have been updated, offering increased rental value. A new water main has been installed, ensuring reliable service and reducing the likelihood of future disruptions. While the property is currently fully occupied, there remains significant value-add potential. Investors can explore opportunities to further update the remaining units or optimize rental rates to increase overall revenue. This property represents a solid investment with immediate income and potential for further growth. Don't miss the chance to capitalize on this opportunity in the vibrant Jonesboro market.

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Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2025 Jonesboro Board of REALTORS® MLS. All rights reserved.
www.neahomes4sale.com/homes/158028749
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1708 Pineview Street Jonesboro, AR 72405

  • Price: $424,900
  • Status: Active
  • On Site: 65 Days
  • Updated: 38 min ago
  • MLS #: 10118379
0
Beds
0
Baths
0
½ Baths
0.33
Acres
2,808
SQFT
$151
$/SQFT
Neighborhood:
Watkins
County:
Craighead
Area:
B
Elementary School:
Jonesboro Magnet
Middle School:
Macarthur
High School:
Jonesboro High School
Property Description
Discover an exceptional investment opportunity with this fully occupied 6-unit apartment building, strategically located within the city limits of Jonesboro, Arkansas. Situated on a generous 0.33-acre lot, this property offers both stability and growth potential. The exterior of the building has been repainted, enhancing curb appeal and reducing future maintenance costs. Additionally, three of the six units have been updated, offering increased rental value. A new water main has been installed, ensuring reliable service and reducing the likelihood of future disruptions. While the property is currently fully occupied, there remains significant value-add potential. Investors can explore opportunities to further update the remaining units or optimize rental rates to increase overall revenue. This property represents a solid investment with immediate income and potential for further growth. Don't miss the chance to capitalize on this opportunity in the vibrant Jonesboro market.
Exterior Features

Exterior BrickOther/See Remarks Exterior Amenities Paved Streets Levels One Level Parking Features CommonPaved Roof Architectural Shingle Style 1 Story

Interior Features

1 Bedroom Unit Kitchen Yes 1 Bedroom Unit Living Room Yes 1 Bedroom Unit Number Of Baths 1 2 Bedroom Unit Number Of Baths 0 3 Bedroom Unit Number Of Baths 0 4 Bedroom Unit Number Of Baths 0 Cooling Features Wall/Window Unit Floors Vinyl Interior Features Cable Number Of1 Bedroom Units 6 Number Of2 Bedroom Units 0 Number Of3 Bedroom Units 0 Number Of4 Bedroom Units 0

Property Features

1 Bedroom Unit Actual Rents 0.00 1 Bedroom Unit Includes Window Unit 1 Bedroom Unit Lease MY Monthly 2 Bedroom Unit Actual Rents 0.00 3 Bedroom Unit Actual Rents 0.00 4 Bedroom Unit Actual Rents 0.00 Agent Owned No Auction No Builder Owned No Electric Features CW&L Fips Code 31 Flood Zone Unknown Gross Income 50520.00 Insurance Expense 0.00 Landscape Expense 710.00 Lease Type Net Lot Description Level Maintenance Expenses 8566.13 Management Expenses 5285.96 Net Income 0.00 Occupant Type Tenant Possession At Closing Property Subtype1 Apartments Reo Property No Sewer Septic City Sewer Short Sale No Tax Year 2023 Taxes 1627.40 Terms Cash Transaction Type Sale Utility Expense 7777.86 Water Supply City Zoning R-2

Listing information © 2025 Jonesboro Board of REALTORS® MLS.
Listing provided by ERA Doty Real Estate: 870-935-0731.

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2025 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Thrasher Harpole Real Estate Group
301 W Washington
Jonesboro AR, 72401