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3701-3705 School Street

Jonesboro, AR 72401
  • $969,900
  • STATUS: Active
  • ON SITE: 304 Days
  • MLS #: 10115828
UPDATED: 25 min ago
$969,900
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,627
    SQFT
  • $127
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
County:
Area:
F

School Information

Elementary School:
Middle School:
High School:

Description

The multifamily property located at 3701, 3703, 3705 School St, Jonesboro, AR 72401, presents an exceptional investment opportunity. Comprising two quadplexes and one duplex, the property includes a total of 10 units, each featuring 2 bedrooms and 1 bathroom. Situated in a prime location in Jonesboro, this property offers easy access to local amenities, schools, and public transportation, making it highly desirable for tenants. The 2-bedroom units are perfect for small families, professionals, and students, ensuring steady rental demand.With 10 units available, this property promises significant rental income potential, enhancing investment returns. The well-maintained condition of the properties minimizes immediate capital expenditure needs, providing a hassle-free investment experience. As Jonesboro is a growing market with increasing property values, there is potential for property appreciation in addition to rental income. Owning multiple units in close proximity offers management efficiency and cost savings, while multifamily properties provide a diversified income stream, reducing risk compared to single-family investments. Positioned to attract a broad tenant base, this multifamily property ensures high occupancy rates. Overall, the portfolio of 2 quadplexes and 1 duplex on School St in Jonesboro, AR, represents a compelling investment, combining strategic location, high rental demand, and strong income potential.

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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/152656479
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3701-3705 School Street Jonesboro, AR 72401

  • Price: $969,900
  • Status: Active
  • On Site: 304 Days
  • Updated: 25 min ago
  • MLS #: 10115828
0
Beds
0
Baths
0
½ Baths
0.81
Acres
7,627
SQFT
$127
$/SQFT
Neighborhood:
N/A
County:
Craighead
Area:
F
Elementary School:
Nettleton
Middle School:
Nettleton
High School:
Nettleton
Property Description
The multifamily property located at 3701, 3703, 3705 School St, Jonesboro, AR 72401, presents an exceptional investment opportunity. Comprising two quadplexes and one duplex, the property includes a total of 10 units, each featuring 2 bedrooms and 1 bathroom. Situated in a prime location in Jonesboro, this property offers easy access to local amenities, schools, and public transportation, making it highly desirable for tenants. The 2-bedroom units are perfect for small families, professionals, and students, ensuring steady rental demand.With 10 units available, this property promises significant rental income potential, enhancing investment returns. The well-maintained condition of the properties minimizes immediate capital expenditure needs, providing a hassle-free investment experience. As Jonesboro is a growing market with increasing property values, there is potential for property appreciation in addition to rental income. Owning multiple units in close proximity offers management efficiency and cost savings, while multifamily properties provide a diversified income stream, reducing risk compared to single-family investments. Positioned to attract a broad tenant base, this multifamily property ensures high occupancy rates. Overall, the portfolio of 2 quadplexes and 1 duplex on School St in Jonesboro, AR, represents a compelling investment, combining strategic location, high rental demand, and strong income potential.
Exterior Features

Exterior Vinyl Siding Levels One Level Parking Features 2 Spaces/Unit Roof Architectural Shingle Style 1 Story

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 Cooling Features Central Air Heat Features Central Number Of1 Bedroom Units 0 Number Of2 Bedroom Units 10 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 No Auction No Builder Owned No Electric Features Separate Meters Fips Code 31 Flood Zone Yes 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 Possession At Closing Property Subtype1 Apartments Reo Property No Sewer Septic City Sewer Short Sale No Tax Year 0 Taxes 0.00 Transaction Type Sale Utility Expense 0.00 Water Supply City

Listing information © 2025 Jonesboro Board of REALTORS® MLS.
Listing provided by Halsey Thrasher Harpole Real Estate Group: 870-972-9191.

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