Brick Apartment
New
For Sale
$710,900
1311 N Church Street, Jonesboro, AR 72401
Multi-Family, Jonesboro, AR
Property Size9,749 SF
Lot Size1.23 Acres
Price / SF$72.92
Days on Market3
Property Features for 1311 N Church Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
18
Rooms
Bedroom 7, Bedroom 11, Bedroom 13, Bedroom 2, Bedroom 14, Bedroom 16, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 12, Bedroom 9, Bedroom 17, Bedroom 15, Bedroom 18, Bedroom 8, Bedroom 10, Bedroom 3, Bedroom 4
Exterior features
Brick
Subdivision
Shaw
Elementary school
Jonesboro Magnet
High school
Jonesboro High School
Standard status
Active
APN
01-144073-00100
Size
9,749 SF
Lot size
1.23 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
SHAWS NORTH CHURCH ST ADD PT N
Legal Description
SHAWS NORTH CHURCH ST ADD PT N
Utilities
Heating system
Natural Gas
Building Details
Floors in Building
1
Number of units
13
Listing Agency:
Century 21 Portfolio · Century 21 Real Estate
Listed By:
Chris Collinsworth
(870) 933-0026
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 30 at 8:06AM
MLS# 10133228
Copyright © 2026 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The brick apartment property contains 9,749 square feet on a 1.23-acre parcel and uses natural gas heating. Unit C is currently vacant and available for inspection. The tenant will receive notice to move after the inspection is complete.
All offers are subject to court approval, and the seller will not offer repairs.
All offers are subject to court approval, and the seller will not offer repairs.
Key Highlights
- 9,749‑square‑foot apartment property on 1.23 acres
- Brick exterior with natural gas heating
- Unit C is vacant and available for inspection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,481
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,169,620
$1.2M
Cap Rate 7%
$835,443
$835.4K
Cap Rate 9%
$649,789
$649.8K
Market Conditions
NOI Build-Up for 9,749 SF
Gross rent
$113.5K $11.64/SF
− Vacancy
−$7.1K −$0.73/SF
EGI
$106.3K $10.91/SF
− OpEx
−$47.8K −$4.91/SF
NOI
$58.5K $6.00/SF
Area
Craighead County, AR
Vacancy
6.30%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,169,620
Cap Rate 7%
$835,443
Cap Rate 9%
$649,789
Alternative Uses
Best Use
Apartment 5plus
$835.4K
$731.0K – $974.7K
NOI $58,481 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,476 @ 7.0% cap · market cap 16.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Offers require court approval, and the seller will not make repairs.
Where is this apartment building located?
The property is located at 1311 N Church Street Jonesboro, AR.
What is the asking price?
The asking price for this property is $710,900.
What are key features of this property?
This property features: 9,749‑square‑foot apartment property on 1.23 acres; Brick exterior with natural gas heating; Unit C is vacant and available for inspection
