226 Union St #1-11 Street, Jonesboro, AR 72401 (MLS # 10121023)
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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! Building has been sprinkled for fire safety. The classic Dry Cleaners building was renovated in 2015 by CNI Construction. Two units are Furnished rentals at $1800 per month.
| DAYS ON MARKET | 90 | LAST UPDATED | 5/15/2025 |
|---|---|---|---|
| TRACT | N/A | YEAR BUILT | 0 |
| COUNTY | Craighead | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Jonesboro Magnet |
|---|---|
| Jr. High School | Annie Camp |
| High School | Jonesboro High School |
| PRICE HISTORY | |
| Prior to May 15, '25 | $2,800,000 |
|---|---|
| May 15, '25 - Today | $2,650,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick |
| HEAT | Electric |
| LOT | 9583 sq ft |
| STYLE | Other/See Remarks |
| SUBDIVISION | N/A |
| TAXES | 5670.73 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Arnold Group Real Estate
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