Jonesboro, AR Apartment Buildings for Sale

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Updated: Mar 6

Jonesboro Multifamily Investment Opportunity

324 Russell Dr, Jonesboro, AR 72401

$420,000

5,950 sqft

Stabilized, cash‑flowing asset with historically exceptional occupancy.
Renovated in 2022, with room to add additional value through further upgrades.
7‑unit multifamily community in an established residential area of Jonesboro, Arkansas.
Located in the Jonesboro MSA, the economic and population center of Northeast Arkansas with a diverse employment base.
Proximity to key employment drivers, retail corridors, and essential services.

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This listing looks promising.

Here's a quick look at some key insights for

324 Russell Dr, Jonesboro, AR 72401

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$36K
Annual
Price @ 7% Cap

$510K
Above asking

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Updated: Jun 18

Apartment Building Condos in Three Quadplexes

3101 Olivia Court, Jonesboro, AR 72404

$2,400,000

14,616 sqft

Twelve completed, vacant condominium units
Three quadplex buildings with condo ownership structure
Six 3‑bedroom, 2‑bath units (approximately 1,220 SF) and six 2‑bedroom, 2‑bath units (approximately 1,216 SF)
Each residence includes a covered two‑car carport
Interior finishes include luxury vinyl plank flooring, vaulted ceilings, and granite countertops

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New Luxury Quadplex Condominium

3101 Olivia Court, Jonesboro, AR 72404

$2,400,000

14,616 sqft

Brand-new, vacant condominium units in quadplex buildings, ready for immediate leasing upon acquisition.

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6-Unit Apartment Building

1012 N Main St, Jonesboro, AR 72401

$759,900

5,940 sqft 0.57 AC lot

R-3 zoned six-unit property with all units occupied; three 2018-built duplexes with covered porches and fenced parking areas.

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11-Unit Apartment Building

908 Warner Ave, Jonesboro, AR 72401

$750,000

4,193 sqft

All-electric multifamily property with several units in partial renovation.

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11-Unit Loft-Style Apartment Building

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

$2,650,000

8,000 sqft 0.22 AC lot

2015-built 11-unit loft-style apartments with 8 gated parking spaces and a rooftop patio, on fully fenced grounds.

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Brick Apartment Building

908 Warner, Jonesboro, AR 72401

$750,000

4,193 sqft

All-electric multifamily property with multiple units undergoing renovation in Jonesboro’s West End Community.

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Two Fourplex Apartment Buildings

1900 Cedar Heights Dr., Jonesboro, AR 72401

$375,000

6,716 sqft 0.44 AC lot

Two fourplexes totaling eight rental units with washer/dryer hookups and assigned parking on a 0.44-acre lot.

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Six-Unit Apartment Building

1012 N Main St, Jonesboro, AR 72401

$759,900

5,940 sqft 0.57 AC lot

Fully occupied multifamily property with separate electric metering, on-site parking, and fenced outdoor areas.

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8-Unit Apartment Complex

621 Krewson Street, Jonesboro, AR 72401

$490,000

4,300 sqft

Two brick buildings feature full kitchens and recently serviced A/C units.

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Five-Unit Apartment Building

622 W Oak Avenue, Jonesboro, AR 72401

$249,900

2,866 sqft 0.37 AC lot

Well-maintained five-unit apartment building known as The Savannah House.

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Under-Construction Apartment Building with Carport

1206 Warren Street, Jonesboro, AR 72401

$350,500

6,216 sqft 0.50 AC lot

Under-construction apartment building on a 0.5-acre lot with carport parking, laminate and vinyl flooring, and a composition shingle roof.

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Apartment Complex with Updated Interiors

1906 W Matthews Avenue, Jonesboro, AR 72401

$4,500,000

40,000 sqft 3.53 AC lot

Apartment complex with recent roof, interior finishes, and multiple HVAC and water heater replacements.

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Jonesboro Multifamily Investment Opportunity

319 Scott Street, Jonesboro, AR 72401

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5,362 sqft

Six fully occupied, modern 2-bedroom units in Jonesboro.

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Five-Unit Apartment Building

622 W Oak Avenue, Jonesboro, AR 72401

$249,900

Historic residential property converted into a well-maintained multifamily asset in Jonesboro’s Historic West End Neighborhood.

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Multifamily Apartment Complex

1811 Self Cir, Jonesboro, AR 72401

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Apartment complex featuring 90 units, presented as a value-add opportunity in an Opportunity Zone in Jonesboro, Arkansas.

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Renovated Apartment Building

2420 Dudley St, Jonesboro, AR 72401

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10 fully renovated apartments near Jonesboro’s industrial district, with options to include adjoining units.

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Apartment Building in Redevelopment District

227 S Gee St, Jonesboro, AR 72401

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28-unit apartment complex on S Gee St near Arkansas State University and Historic Downtown.

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32-Unit Apartment Complex

603 Melrose St, Jonesboro, AR 72401

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32-unit multifamily property positioned near major local employers and Historic Downtown, offering a value-add opportunity.

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Two-Bedroom Apartment Building

5308 Apt Drive, Jonesboro, AR 72404

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Apartment building offering multiple two-bedroom units for residential income.

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Jonesboro Apartment Complex for Sale

1906 W Matthews Ave, Jonesboro, AR 72401

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42,580 sqft

Apartment complex near major employers with recent renovations.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Jonesboro, AR, we suggest to view alternatives - similar 44 Off-Market properties to explore as potential leads.

Off-Market Properties in Jonesboro, AR

Consider similar Off-Market properties in Jonesboro, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HIGH-RISE APARTMENTS

2218 Clark St, Jonesboro, AR 72401-6530

$270,000

Estimated value

2,668 sqft 0.37 AC lot

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HIGH-RISE APARTMENTS

4701 Caraway Rd, Jonesboro, AR 72404-0646

$635,000

Estimated value

8,208 sqft 0.85 AC lot

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HIGH-RISE APARTMENTS

1822 Burns Cir, Jonesboro, AR 72404-8441

$265,000

Estimated value

4,704 sqft 1.50 AC lot

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Jonesboro, AR Apartment Buildings Market Trends and Statistics

Explore 65 apartment buildings for sale in Jonesboro, AR, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 171,488 square feet of properties for sale, with an estimated market value of $17,105,100.

Sale prices for two-family homes in Jonesboro, AR start at $249,900, averaging $1,221,792, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 90K

Population Growth (5Y) -7.8%

Median Household Income $59,569

College Educated 27.3%

High-Yield Neighborhoods for Investment

Identify Jonesboro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
72401	$1.3M
72404	$2.4M

Taxes & Financing

Tax Rate (average for all types) 4.11%

Property Tax per SF $89.64 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Craighead County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Jonesboro fall within the 50,000 to 100,000 square foot range.

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