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4 Properties Allen, Jonesboro, AR 72401

$142,500
: 101
SqFt

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Sold Price: $142,500
List Price: $149,900
Status: SOLD
Days on Market: 6
Closing Date: Sep 03, 2026
MLS#: 26028169
Living Area: 101
Subdivision: Meyers
MLS Area Major: Jonesboro B

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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.

479-435-4964

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Additional Information

Exterior Features: Metal/Vinyl Siding
Stories: Other (see remarks)
Roof: Other (see remarks)
School District: Jonesboro
Elementary School: JONESBORO
High School: JONESBORO