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11-Unit Apartment Building with Rooftop Patio

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

For Sale
$2,550,000

Multi-Family, Jonesboro, AR

Property Size10,125 SF
Lot Size0.22 Acres
Price / SF$251.85
Days on Market47

Property Features for 226 Union St #1-11

General Information

Property type Residential Multi Family
Property subtype Apartment
Parking features Open, Carport
Interior features Washer-Stays, Dryer-Stays, Hot Water Heater-Gas, Smoke Detector
Exterior features Fully Fenced
Fencing Full
Appliances Dishwasher, Disposal, Free-Standing Stove, Microwave, Pantry, Refrigerator-Stays, Dishwasher, Disposal, Free-Standing Stove, Microwave, Pantry, Refrigerator-Stays
Subdivision City of Jonesboro
Directions On Union across from Urban Lofts. Between Cate and Huntington.
Standard status Active
Size 10,125 SF
Lot size 0.22 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description STEPHENSONS MAIN ST ADD S1/2 L
Tax Annual Amount 8603
Legal Description STEPHENSONS MAIN ST ADD S1/2 L

Amenities

gated access
tankless water heaters
rooftop patio

Building Details

Year built 2015
Floors in Building 2
Number of units 11
Flooring type Vinyl
Roof type Flat
Buildings 1
Listing Agency: Arnold Group Real Estate
Listed By: Bill Pressly
Added: Sep 28 Changed: Oct 30 Last Checked: Nov 13 at 4:06AM
MLS# 26039269

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.

Rey
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Investment Insights

Based on property information with market context.

This 10,125-square-foot apartment property contains 11 loft-style residences and was built in 2015. The 0.22-acre site includes eight gated parking spaces and a rooftop patio with views across downtown. Building features include a fire sprinkler system, tankless water heaters, and gated access. Select appliances, including refrigerators, remain with the units.

At 226 Union St. in Jonesboro, the property sits within the Downtown Entertainment District. Its occupied residential units, dedicated parking, and shared rooftop area are established features of the asset.

Key Highlights

  • 11 loft‑style residential units; all are occupied
  • 10,125 square feet on a 0.22‑acre parcel
  • Eight gated parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Jonesboro, AR

$130 Jul
$142 Aug
$126 Sep
$127 Oct

Properties on Market for Apartment buildings in Jonesboro

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All residences are occupied, with gated parking and shared outdoor space on the roof.
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 $2,550,000.
What are key features of this property?
This property features: 11 loft‑style residential units; all are occupied; 10,125 square feet on a 0.22‑acre parcel; Eight gated parking spaces
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