Coldwell Banker Home Page
Skip to main contentColdwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Village Communities

Property view
Listing view 2
Listing view 3

4 Properties Allen Avenue, 
Jonesboro, AR 72401

$149,900

—

Bed

—

Bath

101

Sq Ft

Single Family

Active

Listed by

Craig Melton
Coldwell Banker Village Communities

870-935-7800

Last updated:

August 8, 2026, 02:39 PM

MLS#

26028169

Source:

AR CARMLS

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

Last Updated:

August 8, 2026, 02:39 PM

Added:

a month ago

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

Craig Melton

(870) 935-7800

(870) 935-7800

Contact
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.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.