4 Properties Allen, Jonesboro, AR 72401
- $142,500
- 101
- SqFt
- Sold Price
- $142,500
- List Price
- $149,900
- Status
- SOLD
- MLS#
- 26028169
- Closing Date
- Sep 03, 2026
- Stories
- Other (see remarks)
- Living Area
- 101
- Region
- Jonesboro B
- Subdivision
- Meyers
Property Description
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.
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Additional Information
- Floors
- Other (see remarks)
- Fireplace Description
- None
- Exterior
- Metal/Vinyl Siding
- Roof
- Other (see remarks)
- Elementary School
- JONESBORO
- High School
- JONESBORO
- Parking Description
- Other (see remarks)
Mortgage Calculator
Listing courtesy of Coldwell Banker Village Communities. Selling Office: Front Porch Realty.