$299,900

380 Jumbo Rd Melbourne, AR 72556

6 Beds
4 Baths
2,712 Sq Ft
$111 Price per Sq Ft

About This Home

Income Producing Rental Property for Sale Near Melbourne, Arkansas 4 Rental Homes on 2.21 Acres
Excellent investment opportunity in North Central Arkansas!
Located just 1 mile outside of Melbourne, Arkansas, this income-producing rental property features four rental homes built in 2019, situated on 2.21 acres in a private country setting. There is a strong rental demand in Izard County, making this property a great opportunity for investors looking for steady rental income, long-term investment, or expansion potential.
The land includes a mixture of efficient and low-maintenance homes. Two of the units are 1 bedroom, 1 bathroom with approximately 625 square feet, while the other two units offer 2 bedrooms, 1 bathroom with approximately 875 square feet of living space.
Each rental includes a modern construction, mini splits for heat and air, blown in insulation, and included appliances. The units are currently rented, providing immediate income for the new owner. Priced to sell at $299,900.
Call Roxanne Byram with United Country Ozark Realty at 870-291-0382 or 870-368-4155 today for more information.

Listing Agent

Cody Cooper

United Country Ozark Realty, Inc. License #PB00077418 Listed on: 03/13/2026

United Country Ozark Realty, Inc.
Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • Current uses include commercial, residential multi-family
  • Potential uses include commercial, residential multi-family

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Home Details

Home Type

Single Family

Lot Details

2.21 Acres

Listing Details

  • Bedrooms: Beds: 6
  • BathsCombined: 4
  • Office Phone: 870-474-9655
  • Listing Website: https://www.land.com/property/380-jumbo-road-melbourne-arkansas-72556/26595926/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Potential Use: Commercial, Residential Multi-Family
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 4
  • Foundation: Slab

Exterior Features

  • Roof: Metal
  • Road Description: Asphalt, City

Lot Info

  • Current Use: Commercial, Residential Multi-Family
  • Lot Description: Acreage

Multi Family

  • Utilities Available: City Sewer, City Water

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $1,833 $36,710 $2,410 $34,300
2024 $1,833 $36,710 $2,410 $34,300
2023 $1,833 $36,710 $2,410 $34,300
2022 $1,808 $36,700 $2,400 $34,300
2021 $1,800 $36,700 $2,400 $34,300
2020 $80 $1,600 $1,600 $0
2019 $80 $1,600 $1,600 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 For Sale $299,900 -- $111 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $169,907 New Conventional
Source: Public Records
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