Jonesboro, AR Apartment Buildings for Sale

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Bono, AR Brookland, AR Bay, AR

15 properties

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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: Apr 16

Brick Duplex Apartment Portfolio

Jonesboro, AR 72401

$775,900

5,940 sqft · 0.57 AC lot

Three duplexes built in 2018 with all 6 units currently occupied
R‑3 zoned .57 +/- acre lot with brick exterior and architectural shingle roof
Each unit offers 990 +/- SF with a large living room with tray ceiling
Kitchen includes electric range and dishwasher; built‑in appliances and laundry items included (washer/dryer stay)
All appliances convey; electric meters are separate while owner pays utilities and cable

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Downtown Jonesboro Loft Investment Opportunity

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

$2,650,000

8,000 sqft · 0.22 AC lot

Fully occupied multi-family property in the Downtown Jonesboro Entertainment District.

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New Luxury Condominium Quadplex

3101 Olivia Court, Jonesboro, AR 72404

$2,400,000

14,616 sqft

Brand-new, fully vacant 12-unit condominium development with covered carports and turnkey readiness for immediate leasing.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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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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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Jonesboro Multifamily Investment Opportunity

1206 Warren Street, Jonesboro, AR 72401

$350,500

6,216 sqft · 0.50 AC lot

Multifamily properties package for sale in Jonesboro, Arkansas.

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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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Mixed-Use Community Land Available

Lot 5B Chancery Lane, Jonesboro, AR 72405

$1,121,230

1.04 AC lot

Land in a vibrant mixed-use community, ready for development.

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Mixed-Use Community Land For Sale

Lot 2B Chancery Lane, Jonesboro, AR 72405

$1,234,700

1.77 AC lot

Master-planned mixed-use community with utilities ready for development.

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Mixed-Use Community Land For Sale

Lot 21A Century Boulevard, Jonesboro, AR 72405

$867,712

2.49 AC lot

2.49 acre commercial land in master-planned mixed-use community.

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Mixed-Use Community Land Available

Lot 18 Carnaby Street, Jonesboro, AR 72405

$278,784

0.82 AC lot

Land in a vibrant mixed-use community, ready for development.

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Mixed-Use Land in Jonesboro, AR

Lot 26 Century Boulevard, Jonesboro, AR 72405

$439,088

1.19 AC lot

1.19 acre mixed-use land in a master-planned community.

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Jonesboro Multifamily Investment Opportunity

319 Scott Street, Jonesboro, AR 72401

$650,000

5,362 sqft

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

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Jonesboro Apartment Complex for Sale

1906 W Matthews Ave, Jonesboro, AR 72401

$4,750,000

42,580 sqft

Apartment complex near major employers with recent renovations.

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Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 15 Active listings in Jonesboro, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Paragould Multi-Residential Investment Opportunity

807 W Kingshighway, Paragould, AR 72450

$988,500

8,424 sqft · 0.50 AC lot

Multi-unit apartment complex with redevelopment potential in desirable location.

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16-Unit Apartment Renovation Opportunity

215-219, ROSS AVENUE, West Memphis, AR 72301

$749,900

18,848 sqft · 0.81 AC lot

Two 8-unit buildings offer 16 rental units with exterior renovations completed and interiors ready for renovation.

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Multifamily Property Near Hospital

807 W Kingshighway, Paragould, AR 72450

$988,500

8,424 sqft

Income-producing 23-unit apartment complex with redevelopment potential.

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81-Unit Extended Stay Redevelopment

2501 S Service Rd, West Memphis, AR 72301

Contact for pricing

24,432 sqft

Vacant extended stay asset near major interstate access, positioned for rehabilitation or redevelopment by experienced operators.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000

0.74 AC lot

Prime Norman land suitable for luxury condos development.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft · 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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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

Value Estimation by Request

2,668 sqft · 0.37 AC lot

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HIGH-RISE APARTMENTS

4701 Caraway Rd, Jonesboro, AR 72404-0646

$695,000

Estimated value

8,208 sqft · 0.85 AC lot

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HIGH-RISE APARTMENTS

1822 Burns Cir, Jonesboro, AR 72404-8441

Value Estimation by Request

4,704 sqft · 1.50 AC lot

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HIGH-RISE APARTMENTS

1919 County Rd 333, Jonesboro, AR 72401-0432

$800,000

Estimated value

13,900 sqft · 7.36 AC lot

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HIGH-RISE APARTMENTS

2700 Wakefield Dr, Jonesboro, AR 72404-7692

$585,000

Estimated value

9,730 sqft · 0.80 AC lot

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HIGH-RISE APARTMENTS

219 Main St, Jonesboro, AR 72401-2908

Value Estimation by Request

3,750 sqft

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HIGH-RISE APARTMENTS

1008 Haltom St, Jonesboro, AR 72401-4189

Value Estimation by Request

3,660 sqft · 0.30 AC lot

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HIGH-RISE APARTMENTS

1012 Haltom St, Jonesboro, AR 72401-4100

Value Estimation by Request

3,660 sqft · 0.27 AC lot

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HIGH-RISE APARTMENTS

2209 Race St, Jonesboro, AR 72401-7218

Value Estimation by Request

3,484 sqft · 0.32 AC lot

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Jonesboro, AR Apartment Buildings Market Trends and Statistics

Explore 59 apartment buildings for sale in Jonesboro, AR, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 140,196 square feet of properties for sale, with an estimated market value of $18,726,300.

Sale prices for two-family homes in Jonesboro, AR start at $249,900, averaging $2,080,700, and reaching up to $4,750,000 — 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	$2M
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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Jonesboro, AR Apartment Buildings for Sale

324 Russell Dr, Jonesboro, AR 72401

Jonesboro, AR 72401

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

3101 Olivia Court, Jonesboro, AR 72404

3101 Olivia Court, Jonesboro, AR 72404

622 W Oak Avenue, Jonesboro, AR 72401

1206 Warren Street, Jonesboro, AR 72401

1906 W Matthews Avenue, Jonesboro, AR 72401

Lot 5B Chancery Lane, Jonesboro, AR 72405

Lot 2B Chancery Lane, Jonesboro, AR 72405

Lot 21A Century Boulevard, Jonesboro, AR 72405

Lot 18 Carnaby Street, Jonesboro, AR 72405

Lot 26 Century Boulevard, Jonesboro, AR 72405

319 Scott Street, Jonesboro, AR 72401

1906 W Matthews Ave, Jonesboro, AR 72401

Opportunities in Nearby Cities

807 W Kingshighway, Paragould, AR 72450

215-219, ROSS AVENUE, West Memphis, AR 72301

807 W Kingshighway, Paragould, AR 72450

2501 S Service Rd, West Memphis, AR 72301

Potential Development Sites for Consideration

N West Bypass, Springfield, MO 65802

801 NW 36th Avenue, Norman, OK 73072

801 36th Ave NW, Norman, OK 73072

Bienville Blvd, Ocean Springs, MS 39564

Off-Market Properties in Jonesboro, AR

2218 Clark St, Jonesboro, AR 72401-6530

4701 Caraway Rd, Jonesboro, AR 72404-0646

1822 Burns Cir, Jonesboro, AR 72404-8441

1919 County Rd 333, Jonesboro, AR 72401-0432

2700 Wakefield Dr, Jonesboro, AR 72404-7692

219 Main St, Jonesboro, AR 72401-2908

1008 Haltom St, Jonesboro, AR 72401-4189

1012 Haltom St, Jonesboro, AR 72401-4100

2209 Race St, Jonesboro, AR 72401-7218

Jonesboro, AR Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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