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208 Lake Drive, Jonesboro, AR 72405

Jonesboro
Local realty services provided by:CENTURY 21 Perry Real Estate
208 Lake Drive,Jonesboro, AR 72405
$3,599,000
  • - Beds
  • - Baths
  • 501 sq. ft.
  • Multi-family
  • Active
Listed by: eric burch
Office: burch and co. real estate
MLS#:26011776
Source:AR_CARMLS

Price summary

  • Price:$3,599,000
  • Price per sq. ft.:$7,183.63

About this home

Investor Special!!!This package includes 12 Single Family Homes, plus 4 Duplex Buildings (8 Units). So you get 16 Total Properties totaling 20 Units/Doors. The annual rents from these properties are as follows: Annual Rents $312,600 with Annual Taxes and Insurance totaling $49,560 giving you a 7% cap rate. Descriptions of properties is as follows: The single family homes are located at 701 Tawn $1,150.00 3/2 - 1204 sq. ft 10/31/2025 Lease Term.3409 Derby $1,845.00 4/2 1755 sq. ft 3/31/2026 Lease Term. 3615 Old Dornick $1,940.00 3/2 - 2000 sq. ft 02/28/2026. 3816 Hill $1,795.00 4/2 - 1400 sq. ft 09/30/2025.3313 Oaklawn $1,895.00 4/2 - 1943 sq. ft Monthly Lease.6857 Hwy 141 $1,000.00 4/2 - 1900 sq. ft Monthly Lease. 208 Lake Drive $1,615.00 4/2 - 1500 sq. ft 02/21/2026 Lease Term. 210 Lake Drive $1,500.00 4/2 - 1500 sq. ft 07/31/2025 Lease Term. 212 Lake Drive $1,595.00 3/2 - 1500 sq. ft 01/31/2026 Lease Term. 3211 Kingsbury $1,025.00 3/1 - 1026 sq. ft 12/31/2025 Lease Term. 3301...

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Home facts

  • Listing ID #:26011776
  • Added:66 day(s) ago
  • Updated:June 02, 2026 at 02:34 PM

Rooms and interior

  • Living area:501 sq. ft.

Structure and exterior

  • Building area:501 sq. ft.
  • Lot Features:Level, Sloped
  • Construction Materials:Brick, Metal/Vinyl Siding
  • Foundation Description:Slab

Utilities

  • Water:Hot Water Heater-Electric, Hot Water Heater-Gas

Finances and disclosures

  • Price:$3,599,000
  • Price per sq. ft.:$7,183.63
  • Tax amount:$1,596 (2024)

Features and amenities

  • Laundry features:Dryer Connection-Electric, Dryer Connection-Gas, Washer Connection
  • Amenities:Closet - Walk In, Smoke Detector

Parking

  • Parking description:Garage, One Car, Parking Pads, Two Car

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