226 Union St #1-11 Street Jonesboro, AR ^$ 2,650,000

226 Union St #1-11 Street

^$ 2,650,000

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226 Union St #1-11 Street

Jonesboro, AR, 72401

^$ 2,650,000

Bedrooms20 Baths3.0 Sq 8,000

Monthly Estimate*

^$ 16,533

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Multi-Family Home for sale in Jonesboro, AR

for $2,650,000 with 20 bedrooms and 3 full baths. This 8,000 square foot home was built on a lot size of 0.22.

Loft Living in Downtown Jonesboro, Arkansas This unique investment opportunity features 11 gated loft units and 8 gated parking spaces, generating over $200,000 in gross annual income. Rents range from $1,350 to $1,800 per month. Tenants pay electric, landlord covers water, trash, and internet. Originally constructed over 100 years ago, the building was transformed into modern lofts in 2015 all within the original structure's historic charm. One of the few gated properties in the heart of booming Downtown Jonesboro, the second fastest growing metro area in Arkansas. Contact us for more details and schedule your tour today!

Multi-Family Active

Price

^$ 2,650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,670

Style

Lot Size

0.22

Town/City

Jonesboro

County/Region

Craighead

MLS | Web ID

10121023

Features

Interior

Interior Features Balcony/Loft Built-Ins Ceiling Fan(s) Climate Control Jet Tub Other/See Remarks

Flooring Hardwood Vinyl

# of 2 Bedroom Units 9

# of 1 Bedroom Units 2

# of 3 Bedroom Units 0

Window Treatment Blinds

Half Baths 0

3/4 Baths 0

Total Bedrooms 0

Exterior

Lot Description Other/See Remarks

Fencing Iron/Metal

Parking Features Assigned Covered

Exterior Amenities Deck Paved Streets

Lot Size Acres 0.2200

General

Heating Electric

Cooling Central Air Electric Heat Pump(s)

Possession At Closing

Roof Flat

Flood Zone No

Garage Spaces 0.0

Architectural Style Other/See Remarks

Construction Materials Brick

Year Built 0

Water Supply City

Electric CW&L

Subdivision N/A

Stories Count 0

Number of Units 11

Levels Two Story

Age 0

Property Subtype Apartments

Parcel Number 0114418350200

Auction No

Transaction Type Sale

Tax Year 2024

County Craighead

New Construction 0

Property Type Multi-Family

MaintenanceExpense 4000.00

Full Baths 0

Close Price 0.00

Status Active

City Jonesboro

MLS Area E

Lot Size Units Acres

Lot Size Square Feet 9583.00

High School Jonesboro High School

Tax Annual Amount 5670.73

Showing Instructions Contact Bill for Codes and info.

Elementary School Jonesboro Magnet

Availability Date 1800-01-01

Jr High School Annie Camp

Year Built Exception 0

Lease Type Net

Occupancy Type Vacant

Legal Description STEPHENSONS MAIN ST ADD S1/2 L

Internal Only

Street Number 1 226

* Excluded Features

List By

Bill Pressly

Listing Agent

Arnold Group Real Estate

Broker

bill@kentarnold.com

Affordability Calculator

$17,005

Per Month

Monthly Principal & Interest: $16,533
Monthly Property Taxes: $473
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Jonesboro, AR

Average List Price ^$902,488

Percent of Sale Price 66%

About Jonesboro, AR

77,003 Population

38% Since 2002

^$45,012 Median Income

33.79 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3432613 Elementary School

3432524 Middle School

Jonesboro High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2025	$2,650,000	-5.36%	Price Down
4/5/2025	$2,800,000		Listed Price

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226 Union St #1-11 Street, Jonesboro, AR, 72401 is a Multi-Family Home for sale at $2,650,000 with 8,000 sqft and a lot size of 0.22. 226 Union St #1-11 Street has 20 bedrooms and 3.0 baths. The property's zip code is 72401 which is in Jonesboro, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northeast Arkansas Board of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northeast Arkansas Board of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/9/2025.

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226 Union St #1-11 Street

Multi-Family Home for sale in Jonesboro, AR

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