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Eight-Unit Quadplex Portfolio
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 Market158

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, Bedroom 4, Bathroom 10, Bedroom 6, Bedroom 11, Bathroom 14, Bedroom 5, Bathroom 3, Bathroom 12, Bathroom 2, Bedroom 15, Bathroom 13, Bedroom 2, Bedroom 7, Bathroom 5, Bathroom 8, Bedroom 1, Bathroom 15, Bathroom 7, Bathroom 9, Bathroom 16, Bedroom 3, Bedroom 14, Bedroom 16, Bedroom 9, Bedroom 10, Bedroom 8, Bedroom 12, Bathroom 1, Bathroom 6, Bathroom 4, Bathroom 11
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: Sep 21 Last Checked: Sep 22 at 3:06PM
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.

This multifamily offering includes two fourplex buildings with a combined 8 units and 6,716 square feet. Constructed in 1999, the properties use brick and vinyl exterior finishes with 3-tab shingle roofs. Each apartment provides 2 bedrooms, 1.5 bathrooms, a living room, kitchen, and washer and dryer hookups. Refrigerators and built-in stoves are included, while flooring consists of laminate and tile. Small patios accompany the units, and assigned parking is provided.

The properties occupy 0.44 acres at 1900 Cedar Heights Dr. and 405 Melrose St. in Jonesboro’s Cedar Heights 1st Addition. They are within the Jonesboro School District and positioned near Arkansas State University, retail, and dining establishments. Electric service is paid by tenants, and occupied units are rented at $650 per month.

Key Highlights

  • Two fourplexes totaling 8 units
  • 6,716 square feet across 0.44 acres
  • Each unit includes 2 bedrooms and 1.5 bathrooms

Property Analytics

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Current Use

Quadplexes

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

289
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Two multifamily buildings feature consistent floor plans, private patios, assigned parking, and in-unit laundry connections.
Where is this quadplex 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 units; 6,716 square feet across 0.44 acres; Each unit includes 2 bedrooms and 1.5 bathrooms
More about this property
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