Property Description

FOUR-UNIT INVESTMENT OPPORTUNITY IN JONESBORO, AR! This well-positioned multifamily property features two duplexes with four total rental units, offering an established income-producing setup near Riceland and convenient access to Jonesboro amenities, employment centers, shopping, dining, and major roadways. Each duplex includes one 2-bedroom, 1-bath unit and one 3-bedroom, 1-bath unit, providing a desirable mix of rental options. The 2-bedroom units each rent for $800/month, while the 3-bedroom units each rent for $900/month, for current scheduled rental income of $3,400 per month or $40,800 annually. Each 2-bedroom unit includes a carport and storage shed, while the 3-bedroom units feature laundry hookups. Tenants pay their own utilities. With four doors on one property, this is an opportunity to add a multifamily asset to a rental portfolio while benefiting from established tenants and existing rental income. Jonesboro multifamily, duplex, fourplex, rental property, and investment property opportunities like this offer investors the potential to build a diversified income-producing portfolio. Buyer to independently verify all financial and zoning information.

Property Features

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