316 Drake St, Jonesboro, AR, 72401
About This Home
Package of three like-new duplexes, fully stabilized and in a prime Jonesboro location on Drake St, well below appraised value. Each unit features 2 bedrooms and 2 full bathrooms with a modern, functional layout designed for comfortable living. These well-maintained units offer low-maintenance ownership and strong rental appeal, making them ideal for both investors and owner-occupants. Conveniently located near shopping, dining, and local amenities. Don't miss your chance to own a turnkey income-producing property.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: MultiFamily
Interior
Interior Area
- Total structure area: 2,294
- Total interior livable area: 2,294 sqft
Property
Details
- Parcel number: New, Under Construction or Bundled Only
Features
- Levels: Two
Lot
- Lot size: 7,248 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Ice Storm
- Tornado
- Winter Weather
- Heat Wave
- Lightning
- Strong Wind
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance | $1,027 | $12,324 |
| Property Taxes | $404 | $4,848 |
| Electricity | $166 | $1,993 |
| Total | $6,147 | $73,764 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Listed for sale | $899,900 |
| 2026-04-10 | Listing removed | $899,900 |
| 2026-03-27 | Listed for sale | $899,900 |
| 2023-04-20 | Listing removed | -- |
| 2022-11-17 | Listed for sale | $929,900 |
| 2021-06-24 | Sold | $15,000 |
| 2021-05-18 | Pending sale | $17,550 |
| 2021-03-07 | Listed for sale | $17,550 |
| 2020-12-31 | Listing removed | -- |
| 2019-09-16 | Listed for sale | $19,900 |
| 2008-03-26 | Sold | $5,000 |
View on Zillow