3701 3703 3705 School St
Jonesboro, AR

$969,000
- Multi-Family
10 units
Fourplex
Active
MLS # 25003690
Listing courtesy of LANDON WILSON from HALSEY THRASHER HARPOLE REAL ESTATE GROUP.
Data last updated Wednesday, February 5th, 2025.
About
The multifamily property presents an exceptional investment opportunity. Comprising two quadplexes and one duplex, the property includes a total of 10 units, each featuring 2b/1b. Situated in a prime location, this property offers easy access to local amenities, schools, and public transportation. The units are perfect for small families and students, ensuring steady rental demand. With 10 units, this property has significant rental income potential. The well-maintained condition of the properties minimizes immediate capital expenditure needs. 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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