380 Jumbo Rd Melbourne, AR 72556
Estimated payment $1,779/month
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
United Country Ozark Realty, Inc. License #PB00077418 Listed on: 03/13/2026
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
Map
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 |
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $169,907 | New Conventional |
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Ask me questions while you tour the home.