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1805 Covey Drive

Jonesboro, AR 72404
  • $3,550,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 10127411
UPDATED: 59 min ago
$3,550,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,418
    SQFT
  • $1,468
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:
L

School Information

Elementary School:
Middle School:
High School:

Description

Investor Special!!!This package includes 18 Single Family Homes, plus 1 Duplex Buildings ( 2 doors) total of 19 units/doors.. The annual rents from these properties are as follows: Annual Rents $303,960.00 7% cap rate with Annual Taxes and Insurance totaling $49,680.00. Descriptions of properties is as follows: 202 CR 418 $1,395.00 3/2 - 1430 sq. ft Monthly Lease. 186 CR 418 $1,395.00 3/2 - 1445 sq. ft Monthly Lease. 124 CR 416 $1,595.00 3/2 - 1431 sq. ft 6/30/2026 Lease Term. 1308 Rosemond $1,295.00 3/2 - 1905 sq. ft 02/28/2026 Lease Term. 1711 Rosemond $995.00 3/1 - 1014 sq. ft 5/31/2026 Lease Ter,. 3317 Dayton Ave $725.00 3/1 - 988 sq. ft Monthly Lease. 1425 Angelus $830.00 2/1 - 762 sq. ft 4/30/2027 Lease Term. 1515 Kitchen $1,050.00 3/2 - 1700 sq. ft Monthly Lease . 154 CR 416 $1,395.00 4/2 - 1524 sq. ft Monthly Lease . 1805 Covey $1,800.00 4/2 - 2418 sq. ft 01/31/2027 Lease Term. 189 CR 416 $1,830.00 4/2 - 1483 sq. ft 07/13/2024 Lease Term. 218 CR 416 $1,555.00 3/2 - 1454 sq. ft 10/31/2025 Lease Term. 233 CR 416 $1,595.00 4/2 - 1513 sq. ft 12/31/2025 Lease Term. 2413 Glenn Place $1,295.00 4/2 - 1920 sq. ft 1/31/2026 Lease Term. 313 Holmes 1 $750.00 2/2 - 1058 sq. ft Monthly Lease. 313 Holmes 2 $795.00 2/2 - 1058 sq. ft 7/31/2025 Lease Term. 3308 Derby $1,250.00 4/2 1848 sq. ft 02/28/2026 Lease Term. 3309 Dayton $1,095.00 3/1 - 1180 sq. ft Monthly Lease. 3313 Dayton $895.00 3/1.5 - 1150 sq. ft 03/31/2026 Lease Term. 3321 Preakness $1,795.00 4/2 - 1839 sq. ft 6/16/2026 Lease Term.

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Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2026 Jonesboro Board of REALTORS® MLS. All rights reserved.
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1805 Covey Drive Jonesboro, AR 72404

  • Price: $3,550,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 59 min ago
  • MLS #: 10127411
0
Beds
0
Baths
0
½ Baths
0.34
Acres
2,418
SQFT
$1,468
$/SQFT
Neighborhood:
Quail Hollow
County:
Craighead
Area:
L
Elementary School:
Jonesboro Magnet
Middle School:
Annie Camp
High School:
Jonesboro High School
Property Description
Investor Special!!!This package includes 18 Single Family Homes, plus 1 Duplex Buildings ( 2 doors) total of 19 units/doors.. The annual rents from these properties are as follows: Annual Rents $303,960.00 7% cap rate with Annual Taxes and Insurance totaling $49,680.00. Descriptions of properties is as follows: 202 CR 418 $1,395.00 3/2 - 1430 sq. ft Monthly Lease. 186 CR 418 $1,395.00 3/2 - 1445 sq. ft Monthly Lease. 124 CR 416 $1,595.00 3/2 - 1431 sq. ft 6/30/2026 Lease Term. 1308 Rosemond $1,295.00 3/2 - 1905 sq. ft 02/28/2026 Lease Term. 1711 Rosemond $995.00 3/1 - 1014 sq. ft 5/31/2026 Lease Ter,. 3317 Dayton Ave $725.00 3/1 - 988 sq. ft Monthly Lease. 1425 Angelus $830.00 2/1 - 762 sq. ft 4/30/2027 Lease Term. 1515 Kitchen $1,050.00 3/2 - 1700 sq. ft Monthly Lease . 154 CR 416 $1,395.00 4/2 - 1524 sq. ft Monthly Lease . 1805 Covey $1,800.00 4/2 - 2418 sq. ft 01/31/2027 Lease Term. 189 CR 416 $1,830.00 4/2 - 1483 sq. ft 07/13/2024 Lease Term. 218 CR 416 $1,555.00 3/2 - 1454 sq. ft 10/31/2025 Lease Term. 233 CR 416 $1,595.00 4/2 - 1513 sq. ft 12/31/2025 Lease Term. 2413 Glenn Place $1,295.00 4/2 - 1920 sq. ft 1/31/2026 Lease Term. 313 Holmes 1 $750.00 2/2 - 1058 sq. ft Monthly Lease. 313 Holmes 2 $795.00 2/2 - 1058 sq. ft 7/31/2025 Lease Term. 3308 Derby $1,250.00 4/2 1848 sq. ft 02/28/2026 Lease Term. 3309 Dayton $1,095.00 3/1 - 1180 sq. ft Monthly Lease. 3313 Dayton $895.00 3/1.5 - 1150 sq. ft 03/31/2026 Lease Term. 3321 Preakness $1,795.00 4/2 - 1839 sq. ft 6/16/2026 Lease Term.
Exterior Features

Levels One Level

Interior Features

1 Bedroom Unit Number Of Baths 0 2 Bedroom Unit Number Of Baths 0 3 Bedroom Unit Number Of Baths 0 4 Bedroom Unit Number Of Baths 0 Heat Features Central Number Of1 Bedroom Units 0 Number Of2 Bedroom Units 0 Number Of3 Bedroom Units 0 Number Of4 Bedroom Units 0

Property Features

1 Bedroom Unit Actual Rents 0.00 2 Bedroom Unit Actual Rents 0.00 3 Bedroom Unit Actual Rents 0.00 4 Bedroom Unit Actual Rents 0.00 Agent Owned Yes Auction No Builder Owned No Fips Code 31 Flood Zone Unknown Gross Income 0.00 Insurance Expense 0.00 Landscape Expense 0.00 Lease Type Net Maintenance Expenses 0.00 Management Expenses 0.00 Net Income 0.00 Occupant Type Tenant Possession At Closing Property Subtype1 Home W/ Rental Units Reo Property No Tax Year 0 Taxes 4140.00 Transaction Type Sale Utility Expense 0.00

Listing information © 2026 Jonesboro Board of REALTORS® MLS.
Listing provided by Burch & Co. Real Estate: 870-680-3820.

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2026 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Real Estate
301 W Washington
Jonesboro AR, 72401