About This Home

This 4-bedroom, 0-bathroom residential multi family at 630 W Strawn Avenue in Jonesboro, AR is listed for $275,000 ($105 per sqft). the home offers 2,628 sqft of living space on a 0.16 acres lot.

Key Features

  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
Listing Description

Rare multifamily investment opportunity in the developing West End Community, just minutes from Downtown Jonesboro, City Water and Light Park, and the Jonesboro Public Library. Located directly across from the Kindergarten Center, this fully occupied four-unit property offers proven cash flow with current gross rental income of $29,100 annually and a cap rate of over 9%.

Each unit is approximately 600 square feet and features an interior front entry along with a rear door providing access to the deck. The two ground-floor units offer step-free entry with no stairs required, while two additional units are located upstairs.

The property has a long-standing history of reliable tenancy, with residents who have consistently met their rental obligations over extended periods. Tenants pay their own utilities, while the owner provides water and sewer. Updates include windows, doors, heating units, and cooling units, and the current owner has consistently addressed repairs and maintenance needs as they arise.

With full occupancy, consistent rental performance, a convenient location, and a history of attentive ownership, this property offers an opportunity to add an established income-producing asset to your real estate portfolio. Schedule a showing today to learn more.

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

630 W Strawn Avenue

Jonesboro, AR 72401

Homebuilders

Features & Amenities

Exterior Features

BrickVinyl Siding

Property Details

Flooring

VinylCarpet

Cooling

Electric

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 630 W Strawn Avenue is listed at $275,000 ($105/sqft). The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.16 acre lot, 2 stories. Exterior Features: Brick, Vinyl Siding.

This property is listed by Tim Ray.

TR

Tim Ray

Agent at Century 21 Wright-Pace

Listed by Century 21 Wright-Pace · Broker phone: (870) 933-0026 · View on Broker Site · Broker website

MLS# 10132552· Source: Northeast Arkansas Board of Realtors.· 31 days on PropertySimple

Copyright © 2026 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

630 W Strawn Avenue, Jonesboro, AR 72401

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