NOT LISTED FOR SALE

318 E Gordon St Jonesboro, AR 72401

20 Beds
10 Baths
7,200 Sq Ft
0.61 Acres

Last Sold May 08, 2024

Last sale price $559,900 $78 Per Sq Ft

151 Days on Market

Highlights

  • 0.61 Acre Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • 1-Story Property
  • Level Lot

About This Home

As of May 2024

Owner Financing Now Available! Don't miss this incredible investment opportunity located at 318 E Gordon in Jonesboro, Ar. This multi-family property boasts 11 units, with 9 units currently rented, ensuring immediate cash flow for the savvy investor. Additionally, 5 units have been recently updated, offering modern and attractive living spaces for tenants. The previous owner also added a brand new metal roof, ensuring long-term durability and reduced maintenance costs. Each unit features a spacious 2 bedroom, 1 bath layout, complete with a fully equipped kitchen and convenient washer/dryer hookups. With owner financing now available, this property presents a fantastic chance to enter the real estate market or expand an existing portfolio. Take advantage of this profitable investment and secure your financial future today. Don't wait, get in touch to schedule a showing! Owner financing details, as well as financials are available upon request.

Last Agent to Sell the Property

JC Cox

Dustin White Realty Listed on: 12/08/2023

Last Buyer's Agent

JC Cox

Dustin White Realty Listed on: 12/08/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,826

Lot Details

  • 0.61 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 7,200 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Electric Range

Utilities

  • Central Heating and Cooling System

Community Details

  • 11 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,826

Lot Details

0.61 Acres

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 12/08/2023
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Apartments
  • Source Of Sq Ft: Tax Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors: Ceramic
  • Foundation: Slab
  • Stories: One Story
  • Kitchen Equipment: Electric Range

Exterior Features

  • Exterior: Brick
  • Roof: Metal

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Gas-Natural, Electric-Independent
  • Heating And Air Cond: Central Cool-Gas, Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.61
  • Estimated Lot Size: 27,007
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent Two Bedroom: 650
  • Minimum Rent Two Bedroom: 550
  • Number Of Two Bathroom Units: 11
  • Number Of Two Bedroom Units: 11
  • Number Units: 11

Tax Info

  • Annual Taxes: 3825.5
  • Year: 2022
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Sold $559,900 0.0% $78 / Sq Ft
12/08/2023 12/08/23 For Sale $559,900 +12.0% $78 / Sq Ft
07/15/2020 07/15/20 Sold $500,000 +88.7% -- View Prior Sale
05/15/2020 05/15/20 Pending -- -- --
06/12/2018 06/12/18 Sold $265,000 -19.7% -- View Prior Sale
04/22/2018 04/22/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $330,000 +40.4% --
03/08/2013 03/08/13 Sold $235,000 -- -- View Prior Sale
02/04/2013 02/04/13 Pending -- -- --
Source: Cooperative Arkansas REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,918 $92,852 $10,803 $82,049
2024 $3,918 $92,852 $10,803 $82,049
2023 $3,826 $92,852 $10,803 $82,049
2022 $3,826 $92,852 $10,803 $82,049
2021 $4,232 $100,280 $10,800 $89,480
2020 $4,232 $100,280 $10,800 $89,480
2019 $4,232 $100,280 $10,800 $89,480
2018 $3,591 $100,280 $10,800 $89,480
2017 $3,292 $100,280 $10,800 $89,480
2016 $2,992 $70,910 $10,800 $60,110
2015 $2,992 $70,910 $10,800 $60,110
2014 $2,992 $70,910 $10,800 $60,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23039300

Cooperative Arkansas REALTORS® MLS
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