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.

Property Features