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

    For Sale
    $2,650,000

    Apartments - Jonesboro, AR

    Property size:
    8,000 SF
    Lot size:
    0.22 Acres
    Days on Market:
    206
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 226 Union St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi Use
    Parking features
    Carport
    Interior features
    Washer-stays, Dryer-stays, Hot Water Heater-gas, Smoke Detector
    Exterior features
    Fully Fenced
    Fencing
    Fenced, Full
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Refrigerator, Washer
    Size
    8,000 SF
    Lot size
    0.22 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2015
    Floors in Building
    2
    Number of units
    11
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Arnold Group Real Estate (870) 932-2600

    Listing agent Bill Pressly (870) 932-2600

    Listing date May 15, 2025

    MLS# 25013344 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

    Luxury Lofts in Downtown Jonesboro

    This multifamily property in Downtown Jonesboro presents an investment opportunity with eleven units. The property includes nine 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Each unit features floor-to-ceiling windows, exposed brick, tall ceilings, and an open, modern layout. Private entrances enhance privacy and safety for tenants. Units are equipped with appliances, including GE washers and dryers, dishwashers, microwaves, custom cabinetry, and IKEA lighting. Tenants have access to expanded cable and internet. The property provides gated parking with 8 spots, supplemented by street parking. Residents can enjoy two private decks with a fire pit. Situated one block from the Downtown Entertainment District and near ASU and medical centers, the location offers convenient access to local amenities. The lot size is 0.22 acres, and the living area totals 8000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.705484
    Latitude
    35.841082

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    FAQs

    What type of property is this?
    Apartment building - Downtown Jonesboro luxury lofts with modern amenities and prime location.
    Where is this apartment building located?
    The property is located at 226 Union St, Unit 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: - Prime Downtown Jonesboro location, one block from the Entertainment District and close to ASU and medical centers.; - Consists of **eleven luxury loft units**: nine 2-bedroom/2-bath and two 1-bedroom/1-bath.; - Units feature **modern layouts with floor-to-ceiling windows, exposed brick, and tall ceilings.**
    (870) 932-2600
    Request Owner's contact information
    226 Union St, Unit 1-11 Jonesboro, AR 72401
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    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
    226 Union St, Unit 1-11 Jonesboro, AR 72401
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