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4 Properties Allen Avenue, 
Jonesboro, AR 72401

$142,500


Bed


Bath


101

Sq Ft


Single Family

Sold

Listed by

Craig Melton

870-935-7800

MLS#

26028169

Source:

AR CARMLS

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About This Home

4 Properties Allen Avenue

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.

Home Facts

Single Family

Subdivision & Development:

Meyers

Price Summary

149,900

$1,484 per Sq. Ft.

MLS #:

26028169

Sold:

September 3, 2026


Rooms & Interior

Interior

Living Area:

101 Sq. Ft.


Structure

Structure

Building Area:

101 Sq. Ft.


Finances & Disclosures

Finances

Price:

$149,900

Price per Sq. Ft:

$1,484 per Sq. Ft.

4 Properties Allen Avenue
Source:AR CARMLS
The information being provided by Carmls, Inc. (Cooperative Arkansas REALTORS® Mls, Inc.) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Carmls, Inc. (Cooperative Arkansas REALTORS® Mls, Inc.) All rights reserved.