226 Union St #1-11, Jonesboro, AR 72401
Local realty services provided by:ERA Doty Real Estate
226 Union St #1-11,Jonesboro, AR 72401
$2,650,000
- - Beds
- - Baths
- 8,000 sq. ft.
- Multi-family
- Active
Listed by: bill pressly
Office: arnold group real estate
MLS#:26012399
Source:AR_CARMLS
Price summary
- Price:$2,650,000
- Price per sq. ft.:$331.25
About this home
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....
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Home facts
- Year built:2015
- Subdivision & Development:City of Jonesboro
- Listing ID #:26012399
- Added:136 day(s) ago
- Updated:August 15, 2026 at 02:28 PM
Rooms and interior
- Flooring:Luxury Vinyl, Vinyl
- Living area:8,000 sq. ft.
Heating and cooling
- Cooling:Central Cool-Electric
- Heating:Central Heat-Electric
Structure and exterior
- Roof:Flat
- Year built:2015
- Building area:8,000 sq. ft.
- Lot area:0.22 Acres
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Stories
Utilities
- Water:Hot Water Heater-Gas
Finances and disclosures
- Price:$2,650,000
- Price per sq. ft.:$331.25
- Tax amount:$5,670 (2024)
Features and amenities
- Laundry features:Dryer-Stays, Washer-Stays
- Amenities:Security, Smoke Detector, TV-Cable
Parking
- Parking description:Auto Door Opener, Carport
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