226 Union St #1-11, Jonesboro, AR 72401
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226 Union St #1-11, Jonesboro, AR 72401
226 Union St #1-11, Jonesboro, AR 72401
226 Union St #1-11, Jonesboro, AR 72401
226 Union St #1-11, Jonesboro, AR 72401
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Southern Homes Realty

Southern Homes Realty

Southern Homes Realty

+1(870) 942-5560
$ 2,550,000
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226 Union St #1-11 Jonesboro, AR 72401

10,125 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 10,125 sqft

Price per Sqft $251

Subdivision City Of Jonesboro

MLS Listing ID 26039269

Style Other (see remarks)

Year Built 2015

Annual Tax Amount $8,603

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Apartments

Property Description

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.

Location

State AR

County Craighead

Area Jonesboro E

Zoning Multi Use

Rooms

Kitchen Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry, Refrigerator-Stays

Interior

Interior Features Washer-Stays, Dryer-Stays, Hot Water Heater-Gas, Smoke Detector

Flooring Vinyl, Luxury Vinyl

Equipment Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry, Refrigerator-Stays

Exterior

Exterior Feature Fully Fenced

Parking Features Carport, Auto Door Opener

Utilities Available Electric-Municipal, Gas-Natural, TV-Cable

Roof Type Flat

Building

Lot Description Other (see remarks)

Foundation Slab

New Construction No

Listed by Arnold Group Real Estate • Bill Pressly

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Southern Homes Realty

Southern Homes Realty

+1(870) 942-5560

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226 Union St #1-11