Other (see remarks)

4 Properties Allen Avenue

Jonesboro, AR 72401

MLS#: 26028169

$149,900

Status: Active
Listing number: 26028169
Listing provided by: Coldwell Banker Village Communities
Listing agent phone: None
Last update: 23 hours ago
New on site 1 day ago
Browse Properties
Meyers - Residential

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

101

Investor opportunity in Jonesboro with a high cash flow rental package and future upside potential. This package includes 400 E Allen Avenue vacant lot, 402 E Allen Avenue rented at $500/month, 404 E Allen Avenue rented at $1,000/month, and 404 1/2 E Allen Avenue rented at $600/month, for a total current rent of $2,100/month. Tenants pay utilities, helping keep operating expenses lean. All parcels are zoned R-3, creating potential value-add opportunities through property upgrades, rent growth, improved management, or possible multifamily development, subject to city approval and buyer verification. Flood Zone X designation adds another positive layer for investor review. Whether you are looking for immediate income, long-term hold potential, or a redevelopment play, this package offers multiple paths to increase value over time.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Other (see remarks)

Price

  • Sales Price

    $149,900

  • Sq. Footage

    101

  • Price/SqFt

    $1,484

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    JONESBORO

  • Middle School

    N/A

  • High School

    JONESBORO

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Craighead

Elementary School

JONESBORO

Middle School

High School

JONESBORO

Listing Courtesy of Craig Melton , Coldwell Banker Village Communities

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Investor opportunity in Jonesboro with a high cash flow rental package and future upside potential. This package includes 400 E Allen Avenue vacant lot, 402 E Allen Avenue rented at $500/month, 404 E Allen Avenue rented at $1,000/month, and 404 1/2 E Allen Avenue rented at $600/month, for a total current rent of $2,100/month. Tenants pay utilities, helping keep operating expenses lean. All parcels are zoned R-3, creating potential value-add opportunities through property upgrades, rent growth, improved management, or possible multifamily development, subject to city approval and buyer verification. Flood Zone X designation adds another positive layer for investor review. Whether you are looking for immediate income, long-term hold potential, or a redevelopment play, this package offers multiple paths to increase value over time.

4 Properties Allen Avenue

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