4 Properties Allen Avenue, Jonesboro, AR 72401

Jonesboro
Local realty services provided by:ERA TEAM Real Estate
4 Properties Allen Avenue,Jonesboro, AR 72401
$149,900
  • - Beds
  • - Baths
  • 101 sq. ft.
  • Single family
  • Active
Listed by: craig melton
Office: coldwell banker village communities
MLS#:26028169
Source:AR_CARMLS

Price summary

  • Price:$149,900
  • Price per sq. ft.:$1,484.16

About this home

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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Home facts

  • Listing ID #:26028169
  • Added:3 day(s) ago
  • Updated:July 17, 2026 at 10:40 AM

Rooms and interior

  • Living area:101 sq. ft.

Structure and exterior

  • Building area:101 sq. ft.
  • Lot Features:In Subdivision, Level
  • Construction Materials:Metal/Vinyl Siding
  • Foundation Description:Crawl Space, Slab

Schools

  • High school:JONESBORO
  • Elementary school:JONESBORO

Utilities

  • Water:Water-Public
  • Sewer:Sewer-Public

Finances and disclosures

  • Price:$149,900
  • Price per sq. ft.:$1,484.16

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