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11-Unit Loft-Style Apartment Building
For Sale
$2,650,000

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

MULTI_FAMILY - Jonesboro, AR

Property Size8,000 SF
Lot Size0.22 Acres
Price / SF$331.25
Days on Market142

Property Features for 226 Union St #1-11

General Information

Property type Residential Multi Family
Property subtype Apartment
Parking features Carport, Open
Interior features Washer-Stays, Dryer-Stays, Hot Water Heater-Gas, Smoke Detector
Exterior features Fully Fenced
Fencing Full
Appliances Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry, Refrigerator-Stays
Subdivision City of Jonesboro
Directions On Union across from Urban Lofts. Between Cate and Huntington.
Standard status Active
Size 8,000 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description STEPHENSONS MAIN ST ADD S1/2 L
Tax Annual Amount 5671
Legal Description STEPHENSONS MAIN ST ADD S1/2 L

Amenities

secure gated access
tankless water heaters
exclusive rooftop patio

Building Details

Year built 2015
Floors in Building 2
Number of units 11
Flooring type Vinyl
Roof type Flat
Listing Agency: Arnold Group Real Estate
Listed By: Bill Pressly
Added: Apr 1 Changed: Jul 31 Last Checked: Aug 20 at 4:06PM
MLS# 26012399

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 11-unit, loft-style apartment building at 226 Union St #1-11, Jonesboro, AR 72401 sits on a 0.22-acre lot and was built in 2015. The property includes 8 gated parking spaces and a rooftop patio. Building systems and resident features include a fire sprinkler system, tankless water heaters, smoke detectors, and in-unit “washer-stays” and “dryer-stays.” Interior finishes include vinyl flooring, and the unit package includes appliances such as free-standing stove, microwave, dishwasher, disposal, pantry, and refrigerator-stays.

The exterior includes fully fenced grounds and a flat roof. Parking is offered via carport and open parking configurations.

The combination of loft-style units, gated parking, and rooftop amenity supports a property format designed for tenants looking for secure access and a distinctive downtown living experience.

Key Highlights

  • 11 loft‑style residential units
  • 0.22‑acre lot
  • 8 gated parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Auto Parts Store Bakery Dental Office

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

11
Residential units
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,002
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 2015-built 11-unit loft-style apartments with 8 gated parking spaces and a rooftop patio, on fully fenced grounds.
Where is this apartment building located?
The property is located at 226 Union St #1-11 Jonesboro, AR.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 11 loft‑style residential units; 0.22‑acre lot; 8 gated parking spaces
More about this property
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