405 Melrose Street, Jonesboro, AR 72401 (MLS # 10124623)
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Welcome to the Multifamily Market 405 Melrose St. of Jonesboro, Arkansas of the Cedar Heights 1st Addition within the Jonesboro School District. Opportunity Knocks! This prime piece of rental property offers 4 income producing units. The exterior is wrapped in brick and vinyl, topped with 3 tab shingles, and accented by a parking lot, mature shade trees, and small patio at each unit. The interior of each unit includes 2 bedrooms, one and a half bathrooms, living room kitchen, and washer & dryer hookups. Units are currently rented at $650 per month. Conveniently located near Arkansas State University and local retail and dining establishments. Call today to schedule your tour and make an investment in tomorrow.
| DAYS ON MARKET | 6 | LAST UPDATED | 9/11/2025 |
|---|---|---|---|
| TRACT | Cedar Heights | 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 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| HEAT | Central |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| STYLE | Other/See Remarks |
| SUBDIVISION | Cedar Heights |
| TAXES | 785 |
| WATER | Public |
| ZONING | R-1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Compass Rose Realty
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