Other (see remarks)

226 Union St #1-11

Jonesboro, AR 72401

MLS#: 26039269

$2,550,000

Status: Active
Listing number: 26039269
Listing provided by: Arnold Group Real Estate
Listing agent phone: None
Last update: 21 days ago
On site: 27 days ago
Browse Properties
City of Jonesboro - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2015

Sq.Footage

10,125

Exceptional Multi-Family Investment Opportunity in Downtown Jonesboro. Rare opportunity to acquire a fully occupied, income-producing ($200,000 Plus annually) property in the heart of the Downtown Jonesboro Entertainment District. This historic building features 11 loft-style residential units and 8 gated parking spaces, generating more than $200,000 in gross annual income, with additional potential to increase revenue. The property combines historic character with modern conveniences, including secure gated access, a fire sprinkler system, tankless water heaters, and an exclusive rooftop patio offering impressive downtown views. With strong rental demand in Jonesboro, this property offers immediate cash flow along with long-term investment potential. Authentic loft-style residences with dedicated gated parking are rarely available in the downtown market, making this a unique opportunity for investors seeking a quality income-producing asset or a potential 1031 Exchange. Financial statements, rent roll, and additional property information are available upon request.

Features & Amenities

Interior

  • Other Interior Features

    Pantry

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Garage Door Opener

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.22

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other (see remarks)

Price

  • Sales Price

    $2,550,000

  • Tax Amount

    $8,603.28

  • Zoning

    Multi Use

  • Sq. Footage

    10,125

  • Price/SqFt

    $251

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

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Location

County

Craighead

Elementary School

Middle School

High School

Listing Courtesy of Bill Pressly, Arnold Group Real Estate

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Agent Mikki Dennis

Broker / Owner / REALTOR®

Mikki Dennis

Call Mikki today to schedule a private showing.

(479) 264-7433

mikki.dennis@gmail.com


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Exceptional Multi-Family Investment Opportunity in Downtown Jonesboro. Rare opportunity to acquire a fully occupied, income-producing ($200,000 Plus annually) property in the heart of the Downtown Jonesboro Entertainment District. This historic building features 11 loft-style residential units and 8 gated parking spaces, generating more than $200,000 in gross annual income, with additional potential to increase revenue. The property combines historic character with modern conveniences, including secure gated access, a fire sprinkler system, tankless water heaters, and an exclusive rooftop patio offering impressive downtown views. With strong rental demand in Jonesboro, this property offers immediate cash flow along with long-term investment potential. Authentic loft-style residences with dedicated gated parking are rarely available in the downtown market, making this a unique opportunity for investors seeking a quality income-producing asset or a potential 1031 Exchange. Financial statements, rent roll, and additional property information are available upon request.

226 Union St #1-11

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#26024971

Jonesboro

3101 Olivia Court

None Beds

None Baths

14,616 Sq.Ft.

$2,400,000

MLS#: 26024971

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