$2,650,000
 $14,226 est/mo Sourced by Back At You

226 Union St #1-11,Jonesboro, AR 72401

Jonesboro, AR 72401

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Description

Exceptional Multi-Family Investment Opportunity - Downtown Jonesboro. Rare opportunity to acquire a fully occupied, income-producing multi-family property in the heart of the Downtown Jonesboro Entertainment District. This historic property features 11 loft-style residential units and 8 gated parking spaces, generating over $200,000 in gross annual income, with opportunities to further increase revenue. The property blends historic character with modern conveniences. Residents enjoy secure gated access, a fire sprinkler system, tankless water heaters, and an exclusive rooftop patio with panoramic downtown views. Jonesboro's rental market remains strong, with approximately 52% renter occupancy, making this an attractive, stable investment with immediate cash flow and long-term appreciation potential. Properties offering authentic loft-style living with dedicated gated parking are exceptionally rare in the downtown market. An outstanding opportunity for investors seeking a high-quality asset or those completing a 1031 Exchange. Financial statements, rent roll, and additional property information are available upon request.

Details

MLS #26012399
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year2015
Days On Site169
Listing Provided ByArnold Group Real Estate | Bill Pressly

Features

Story(s)2
Units11
ZoningMulti Use
Acreage0.22

Exterior

ExteriorBrick
RoofFlat
FoundationSlab

Utilities

UtilitiesElectric-Municipal, Gas-Natural, TV-Cable

Taxes

Property5670

Area Information

StateAR
CountyCraighead
CityJonesboro
Zip Code72401
AreaJonesboro E
SubareaJonesboro E
Community NameCity of Jonesboro
Listing VS Median (in City of Jonesboro)
Price:
$2,650,000
low | high
Med:
$252,500
100% of Average
On site:
169
low | high
Med:
593
28.49915682968% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Ron Galloway

Ron Galloway

Trademark Real Estate

 (501) 622-0596rongalloway777@gmail.com
StateAR
CountyCraighead
CityJonesboro
Zip Code72401
AreaJonesboro E
SubareaJonesboro E
Community NameCity of Jonesboro
Listing VS Median (in City of Jonesboro)
Price:
$2,650,000
low | high
Med:
$252,500
100% of Average
On site:
169
low | high
Med:
593
28.49915682968% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.987M - $3.312M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
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$449,900
223 S Church St 103
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304 S Main St., Ste A Property Photo 1
$1,250
304 S Main St., Ste A
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Listing Updated: July 27, 2026 at 10:13:39 AM PDT