908 Warner Ave Jonesboro, AR 72401
Estimated payment $4,061/month
About This Home
Value-Add Multifamily Opportunity - 11 Units | West End Community | Jonesboro, AR Excellent value-add multifamily investment located at 908/916 Warner in the desirable West End Community of Jonesboro, Arkansas. This 11-unit, all-electric property offers immediate upside through ongoing renovations and operational improvements. Several units are already in the early stages of remodel and refurbishment, providing a clear path for a new owner to complete updates, increase rents, and improve overall returns. With strong rental demand in the area, this asset is well-positioned for stabilization and long-term cash flow. The property's layout and utility configuration make it ideal for efficient management, while its location in West Jonesboro offers convenient access to employment centers, shopping, and local amenities. Highlights: 11 total units All-electric property Value-add opportunity with renovation upside Multiple units partially renovated Located in the West End Community of Jonesboro Strong rental market with room for rent growth This is a solid opportunity for investors seeking to add value through renovations and management efficiencies in a growing Jonesboro submarket.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,995
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,193 Sq Ft Home
- 2-Story Property
Schools
- Jonesboro Magnet Elementary School
- Annie Camp Middle School
- Jonesboro High School
Community Details
- 11 Units
Listing and Financial Details
- Assessor Parcel Number 01-143241-09900
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,044 | $48,432 | $2,600 | $45,832 |
| 2024 | $2,044 | $48,432 | $2,600 | $45,832 |
| 2023 | $1,995 | $48,432 | $2,600 | $45,832 |
| 2022 | $1,995 | $48,432 | $2,600 | $45,832 |
| 2021 | $1,746 | $41,370 | $2,600 | $38,770 |
| 2020 | $1,746 | $41,370 | $2,600 | $38,770 |
| 2019 | $1,746 | $41,370 | $2,600 | $38,770 |
| 2018 | $1,746 | $41,370 | $2,600 | $38,770 |
| 2017 | $1,735 | $41,370 | $2,600 | $38,770 |
| 2016 | $1,577 | $37,380 | $2,600 | $34,780 |
| 2015 | $1,577 | $37,380 | $2,600 | $34,780 |
| 2014 | $1,577 | $37,380 | $2,600 | $34,780 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2026 01/22/26 | For Sale | $750,000 | +18.1% | $179 / Sq Ft | |
| 11/17/2021 11/17/21 | Sold | $635,000 | -5.2% | $64 / Sq Ft | View Prior Sale |
| 09/23/2021 09/23/21 | Pending | -- | -- | -- | |
| 08/16/2021 08/16/21 | For Sale | $670,000 | 0.0% | $67 / Sq Ft | |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- | |
| 08/02/2021 08/02/21 | For Sale | $670,000 | +62.4% | $67 / Sq Ft | |
| 04/15/2020 04/15/20 | Sold | $412,500 | -17.5% | -- | View Prior Sale |
| 03/12/2020 03/12/20 | Pending | -- | -- | -- | |
| 12/20/2019 12/20/19 | For Sale | $500,000 | -- | -- |
Source: Northeast Arkansas Board of REALTORS®
MLS Number: 10127243
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