208 Lake Drive, Jonesboro, AR 72405

Local realty services provided by:ERA Doty Real Estate
#1#2#3
208 Lake Drive,Jonesboro, AR 72405
$3,799,000
  • 4 Beds
  • 2 Baths
  • 1,453 sq. ft.
  • Single family
  • Active
Listed by:eric burch
Office:burch & co. real estate
MLS#:10123272
Source:AR_JBOR

Price summary

  • Price:$3,799,000
  • Price per sq. ft.:$2,614.59

About this home

Investor Special!!!This package includes 11 Single Family Homes, plus 4 Duplex Buildings (8 Units). So you get 15 Total Properties totaling 19 Units/Doors. The annual rents from these properties are as follows: Annual Rents $312,600 with Annual Taxes and Insurance totaling $49,560 giving you a 7% cap rate. Descriptions of properties is as follows: The single family homes are located at 701 Tawn $1,150.00 3/2 - 1204 sq. ft 10/31/2025 Lease Term.3409 Derby $1,845.00 4/2 1755 sq. ft 3/31/2026 Lease Term. 3615 Old Dornick $1,940.00 3/2 - 2000 sq. ft 02/28/2026. 3816 Hill $1,795.00 4/2 - 1400 sq. ft 09/30/2025.3313 Oaklawn $1,895.00 4/2 - 1943 sq. ft Monthly Lease.6857 Hwy 141 $1,000.00 4/2 - 1900 sq. ft Monthly Lease. 208 Lake Drive $1,615.00 4/2 - 1500 sq. ft 02/21/2026 Lease Term. 210 Lake Drive $1,500.00 4/2 - 1500 sq. ft 07/31/2025 Lease Term. 212 Lake Drive $1,595.00 3/2 - 1500 sq. ft 01/31/2026 Lease Term. 3211 Kingsbury $1,025.00 3/1 - 1026 sq. ft 12/31/2025 Lease Term. 3301

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Home facts

  • Listing Id #:10123272
  • Added:34 day(s) ago
  • Updated:August 14, 2025 at 07:32 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,453 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Building area:1,453 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:Nettleton
  • Middle school:Nettleton
  • Elementary school:Jonesboro Magnet

Utilities

  • Water:City
  • Sewer:City Sewer

Finances and disclosures

  • Price:$3,799,000
  • Price per sq. ft.:$2,614.59
  • Tax amount:$1,596

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