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Two Fourplex Apartment Buildings
For Sale
$375,000

1900 Cedar Heights Dr., Jonesboro, AR 72401

MULTI_FAMILY - Jonesboro, AR

Property Size6,716 SF
Lot Size0.44 Acres
Price / SF$55.84
Days on Market108

Property Features for 1900 Cedar Heights Dr.

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 16
Bathrooms 16
Full bathrooms 16
Rooms Bedroom 13, Bathroom 4, Bedroom 6, Bedroom 8, Bathroom 15, Bathroom 9, Bathroom 12, Bedroom 15, Bedroom 11, Bedroom 12, Bathroom 1, Bedroom 14, Bathroom 8, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 14, Bathroom 13, Bedroom 4, Bathroom 7, Bathroom 10, Bedroom 5, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 11, Bedroom 9, Bedroom 10, Bathroom 16, Bedroom 1, Bathroom 3, Bedroom 16
Parking features Assigned
Interior features Washer Connection, Dryer Connection-Electric, All Units
Appliances Built-In Stove, Built-In Stove
Subdivision Cedar Heights
Lot features Level, In Subdivision
Elementary school JONESBORO
Middle school JONESBORO
High school JONESBORO
Directions From Johnson to Melrose. Properties on L.
Standard status Active
APN 01-144171-07600 and -07700
Size 6,716 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 18-19, Blk B Cedar Heights
Tax Annual Amount 1620
Legal Description Lot 18-19, Blk B Cedar Heights

Amenities

parking lot
mature shade trees
patio
washer/dryer hookups

Building Details

Year built 1999
Floors in Building 2
Number of units 8
Flooring type Tile, Laminate
Listing Agency: Compass Rose Realty
Listed By: Andrea Andrews
Added: Apr 18 Changed: Jul 30 Last Checked: Aug 3 at 12:06PM
MLS# 26015537

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.

Investment Insights

Based on property information with market context.

Two fourplex apartment buildings offering 8 income-producing units total. The exteriors are wrapped in brick and vinyl and topped with 3-tab shingles. Each unit includes 2 bedrooms and 1.5 bathrooms, with a living room and kitchen, plus a small patio. Interiors feature tile and laminate flooring, and each unit is equipped with a refrigerator and built-in stove. Washer and dryer hookups are provided, with dryer connection-electric. Assigned parking is available, and tenants pay electric.

Located in the Cedar Heights 1st Addition in Jonesboro, Arkansas, within the Jonesboro School District. The property is near Arkansas State University and local retail and dining establishments.

Built in 1999 on a 0.44-acre lot, this setup provides two separate fourplex groupings under one ownership for a streamlined rental configuration.

Key Highlights

  • Two fourplexes totaling 8 income‑producing units
  • 0.44‑acre lot with 6,716 SF building area
  • Brick and vinyl exterior with 3‑tab shingles

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Electrical Service Real Estate Agency Plumbing Service Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 72401, AR

43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two fourplexes totaling eight rental units with washer/dryer hookups and assigned parking on a 0.44-acre lot.
Where is this apartment building located?
The property is located at 1900 Cedar Heights Dr. Jonesboro, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two fourplexes totaling 8 income‑producing units; 0.44‑acre lot with 6,716 SF building area; Brick and vinyl exterior with 3‑tab shingles
More about this property
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