1805 Covey Drive, Jonesboro, AR 72404

Local realty services provided by:ERA Doty Real Estate
1805 Covey Drive,Jonesboro, AR 72404
$3,650,000
  • 4 Beds
  • 2 Baths
  • 2,418 sq. ft.
  • Single family
  • Active
Listed by:eric burch
Office:burch & co. real estate
MLS#:10123274
Source:AR_JBOR

Price summary

  • Price:$3,650,000
  • Price per sq. ft.:$1,509.51

About this home

Investor Special!!!This package includes 18 Single Family Homes, plus 1 Duplex Buildings ( 2 doors) total of 19 units/doors.. The annual rents from these properties are as follows: Annual Rents $303,960.00 7% cap rate with Annual Taxes and Insurance totaling $49,680.00. Descriptions of properties is as follows: 202 CR 418 $1,395.00 3/2 - 1430 sq. ft Monthly Lease. 186 CR 418 $1,395.00 3/2 - 1445 sq. ft Monthly Lease. 124 CR 416 $1,595.00 3/2 - 1431 sq. ft 6/30/2026 Lease Term. 1308 Rosemond $1,295.00 3/2 - 1905 sq. ft 02/28/2026 Lease Term. 1711 Rosemond $995.00 3/1 - 1014 sq. ft 5/31/2026 Lease Ter,. 3317 Dayton Ave $725.00 3/1 - 988 sq. ft Monthly Lease. 1425 Angelus $830.00 2/1 - 762 sq. ft 4/30/2027 Lease Term. 1515 Kitchen $1,050.00 3/2 - 1700 sq. ft Monthly Lease . 154 CR 416 $1,395.00 4/2 - 1524 sq. ft Monthly Lease . 1805 Covey $1,800.00 4/2 - 2418 sq. ft 01/31/2027 Lease Term. 189 CR 416 $1,830.00 4/2 - 1483 sq. ft 07/13/2024 Lease Term. 218 CR 416 $1,555.00

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Home facts

  • Listing ID #:10123274
  • Added:82 day(s) ago
  • Updated:October 02, 2025 at 02:09 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,418 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Building area:2,418 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:Jonesboro High School
  • Middle school:Annie Camp
  • Elementary school:Jonesboro Magnet

Finances and disclosures

  • Price:$3,650,000
  • Price per sq. ft.:$1,509.51
  • Tax amount:$1,801

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