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    1906 W Matthews Ave Jonesboro, AR 72401

    For Sale
    $4,750,000

    Apartments - Jonesboro, AR

    Property size:
    40,000 SF
    Lot size:
    3.53 Acres
    Days on Market:
    208
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 1906 W Matthews Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    multi fami
    Parking
    2
    Interior features
    Washer Connection, Dryer Connection-electric, Hot Water Heater-gas, Smoke Detector, Fan - Ceiling
    Exterior features
    Partially Fenced, Storage Building, Outside Storage Area, Dumpster, Wood Fence, Video Surveillance
    Fencing
    Fenced, Partial, Wood
    Appliances
    Dishwasher, Washer
    Size
    40,000 SF
    Lot size
    3.53 Acres

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    48
    Flooring type
    Vinyl
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Halsey Thrasher Harpole Real Estate Group (870) 972-9191

    Listing agent William Gay (870) 972-9191

    Listing date May 13, 2025

    MLS# 25017628 Listing URL

    Copyright © 2025 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.

    Overview

    Jonesboro Apartments Near Major Employers

    This apartment complex is located in Jonesboro, Arkansas, in close proximity to several large employers, including Riceland, ASU, and St. Bernard's. The multifamily property features recent updates, including three-year-old roofs, new flooring, paint, counter tops, and some appliances. Several new HVAC units and water heaters have been installed. The exterior of the buildings has also been repainted within the last three years. The property is situated on a 3.53-acre lot. The building has a living area of 40000 square feet. The zoning is multi fami.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stratford Manor Apartments Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.733322
    Latitude
    35.836428

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    FAQs

    What type of property is this?
    Apartment building - Apartment complex near Riceland, ASU, and St. Bernard's.
    Where is this apartment building located?
    The property is located at 1906 W Matthews Ave Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: - Close proximity to major employers like Riceland, ASU, and St. Bernard's.; - Recent renovations including **new flooring, paint, countertops, and some appliances.**; - Relatively new three-year-old roofs.
    (870) 972-9191
    Request Owner's contact information
    1906 W Matthews Ave Jonesboro, AR 72401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1906 W Matthews Ave Jonesboro, AR 72401
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