About This Home

This 0-bedroom, 0-bathroom multi-family at 226 Union St #1-11 in Jonesboro, AR is listed for $2,550,000 ($252 per sqft). Built in 2015, the home offers 10,125 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 2015
  • 0.22 acre lot
  • 2 stories

Property Details

2 stories
2015
Listing 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.

Monthly Cost Estimate

$13,638/mo

20% down · 6.5% · 30 years

Principal$1,844
Interest$11,050
Insurance$744

Estimates only. Actual payments may vary.

Location

226 Union St #1-11

Jonesboro, AR 72401

City of Jonesboro

Features & Amenities

Interior Features

Washer-StaysDryer-StaysHot Water Heater-GasSmoke Detector

Exterior Features

Fully Fenced

Property Details

Flooring

Vinyl

Parking

OpenCarport

Appliances

Free-Standing StoveMicrowaveDishwasherDisposalPantryRefrigerator-StaysFree-Standing StoveMicrowaveDishwasherDisposalPantryRefrigerator-Stays

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 226 Union St #1-11 is listed at $2,550,000 ($252/sqft). The estimated monthly payment is $13,638 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2015, 0.22 acre lot, 2 stories. Interior Features: Washer-Stays, Dryer-Stays, Hot Water Heater-Gas. Exterior Features: Fully Fenced.

This property is listed by Bill Pressly.

BP

Bill Pressly

Agent at Arnold Group Real Estate

Listed by Arnold Group Real Estate · Broker phone: 8709322600 · View on Broker Site · Broker website

MLS# 26039269· Source: Cooperative Arkansas Realtors Multiple Listing Service· 32 days on PropertySimple

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

Open this listing in: