$4,334 Closing Credit¹
#10122202, Tonya Riney, Listing office: Compass Rose Realty
#10115828·
Listing office: Halsey Thrasher Harpole Real Estate Group·
Listing agent: Landon Wilson·
Listing office phone: 9038567262
$969,900 List price
3701 School St Jonesboro, AR 72401
$10,000
Closing credit¹
7,627 sqft
0.8 acres
$127 / sqft
Multi-Family
Property details
About 3701 School St
The multifamily property located at 3701, 3703, 3705 School St, Jonesboro, AR 72401, presents an exceptional investment opportunity. Comprising two quadplexes and one duplex, the property includes a total of 10 units, each featuring 2 bedrooms and 1 bathroom. Situated in a prime location in Jonesboro, this property offers easy access to local amenities, schools, and public transportation, making it highly desirable for tenants. The 2-bedroom units are perfect for small families, professionals, and students, ensuring steady rental demand.With 10 units available, this property promises significant rental income potential, enhancing investment returns. The well-maintained condition of the properties minimizes immediate capital expenditure needs, providing a hassle-free investment experience. As Jonesboro is a growing market with increasing property values, there is potential for property appreciation in addition to rental income. Owning multiple units in close proximity offers management efficiency and cost savings, while multifamily properties provide a diversified income stream, reducing risk compared to single-family investments. Positioned to attract a broad tenant base, this multifamily property ensures high occupancy rates. Overall, the portfolio of 2 quadplexes and 1 duplex on School St in Jonesboro, AR, represents a compelling investment, combining strategic location, high rental demand, and strong income potential.
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Size7,627 sqft
Lot size0.81 Acres
MLS #10115828
Summary
- Architectural Style: 1 Story
- Heating: Central
- Cooling: Central Air
- List Price: $969,900
- Price/SqFt: $127
- Annual Tax Amount: $3,328
- Tax Year: 2024
- Living Area: 7,627 SqFt
- Lot Size: 0.81 Acres
- MLS Number: 10115828
- MLS Name: Jonesboro
- Office Name: Halsey Thrasher Harpole Real Estate Group
- Office Phone: (903) 856-7262
- Office Email: jfuller@c21premiergroup.com
- Listing Agent: Landon Wilson
Copyright © 2025 Northeast Arkansas Board of Realtors MLS 2025. All rights reserved. 
Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller has opted out of internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Information is provided by the Northeast Arkansas Board of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Any use of search facilities of data on the site, other than by consumer looking to purchase real estate is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 10:45:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$969,900
3701 School St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $69,281 | $3,328 |
| 2023 | $69,281 | $3,328 |
| 2022 | $69,281 | $2,841 |
| 2021 | $53,750 | $2,582 |
| 2020 | $53,750 | $2,582 |
| 2019 | $53,750 | $2,582 |
History based on county public records data.
Nearby schools
5
Visual and Performing Arts Magnet School
Public Magnet 1-6
1.9 mi
•1804 Hillcrest Dr
4
University Heights Intermediate Center
Public District 3-6
1.9 mi
•3901 Aggie Rd
4
Fox Meadow Intermediate Center
Public District 3-6
2.4 mi
•2309 Fox Meadow Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,134. The majority of Jonesboro, AR residents have income less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
65%
<35k
30%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
45%
Single, No Kids
23%
Single, with Kids
17%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
33%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Popeyes
What do the neighbors drive?
Buick
Pontiac
Dodge
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
$2,908 Closing Credit¹
#25000299, Jon Moore, Listing office: Halsey Thrasher Harpole Real Estate Group
$5,047 Closing Credit¹
#10121418, Hillary Breytspraak, Listing office: Select Properties
$1,543 Closing Credit¹
#25000301, Jon Moore, Listing office: Halsey Thrasher Harpole Real Estate Group
$2,255 Closing Credit¹
#24034297, Makayla Simmons, Listing office: Compass Rose Realty
$1,948 Closing Credit¹
#10120311, Dustin Thomas, Listing office: Halsey Thrasher Harpole Real Estate Group
$2,255 Closing Credit¹
#10120763, Makayla Simmons, Listing office: Compass Rose Realty
$2,018 Closing Credit¹
#25002247, David White, Listing office: Coldwell Banker Village Communities
Frequently asked questions
Living in Jonesboro, AR
Transportation in Jonesboro includes a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The community is also making strides in enhancing walkability and bikeability, with certain areas being more pedestrian-friendly. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional mobility solutions for residents and visitors.
Jonesboro offers a comprehensive array of services to its residents. The educational system includes multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare is well-represented with several hospitals and clinics providing a range of services from primary care to specialized treatments. The city also features a public library system and a variety of retail and dining options that showcase local flavors and culture. City initiatives are in place to continually improve services to meet the evolving needs of the community.
Jonesboro is celebrated for its community spirit and cultural events that reflect the city's rich heritage. The area prides itself on a family-friendly atmosphere, with numerous parks and recreational facilities contributing to the quality of life. Annual festivals and local traditions are a testament to the city's vibrant community engagement and collective values.
The housing landscape in Jonesboro is diverse, with single-family homes being a significant part of the market. A variety of architectural styles are present, from contemporary to ranch-style homes. The market also includes a selection of apartments and townhouses, accommodating different preferences and needs. The majority of homes were constructed in the latter half of the 20th century, with a surge in development during the 1990s. The homeownership rate in Jonesboro is robust, with a substantial portion of residents owning their homes.
About 3701 School St
The listing price of 3701 School St property is $969,900.
The property 3701 School St is a multi located in Jonesboro, Arkansas, 72401.
Active Listing: 3701 School St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3701 School St are: Visual and Performing Arts Magnet School (GreatSchools Rating 5/10), University Heights Intermediate Center (GreatSchools Rating 4/10), Fox Meadow Intermediate Center (GreatSchools Rating 4/10), Nettleton Junior High School (GreatSchools Rating 5/10), Valley View Junior High School (GreatSchools Rating 8/10), Brookland Junior High School (GreatSchools Rating 5/10), Nettleton High School (GreatSchools Rating 3/10), Douglas MacArthur Junior High School (GreatSchools Rating 4/10), Annie Camp Jr High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $3,328 (source: MLS/based on county public records data).
The property 3701 School St is 7,627 SqFt (source: MLS/tax record).
This home is located at 3701 School St in Jonesboro, AR and zip code 72401. This 7,627 square foot home sits on a 0.81 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $969,900.
Jonesboro, AR housing market in May 2025 saw over 28 listings sold above listed price, more than 44 sold at listed price and over 99 sold below. Between April and May 2025, Jonesboro, AR real estate market has seen increase in the number of listings by 38.5%.
From Rocket Homes Real Estate and based on county public records data.