324 Russell Dr Jonesboro, AR 72401
Seven-unit multifamily property in established Jonesboro residential area.
Type:Multifamily
Property size:
5,950 SF- Added:
- Mar 6, 2026
- Days on Market:
- 28
- Last Refresh:
- Apr 2 at 12:20 am
Property Features for 324 Russell Dr
General Information
- Standard status
- Active
- Size
- 5,950 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1978
Listing agent Mason McCrary (256) 337-8803
Listing office (256) 337-8803
Listing date Mar 6, 2026
Source Svn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Mason McCrary
Overview
Jonesboro Multifamily Investment Opportunity
The Vue on Sybel & Russell Apartments is a 5,950-square-foot multifamily community featuring 7 units. It is located in an established residential area of Jonesboro, Arkansas, near key employment drivers, retail corridors, and essential services. This stabilized, income-producing asset is suitable for investors seeking exposure in a growing secondary market. The property offers an attractive acquisition for both local and regional multifamily investors. The Jonesboro MSA serves as the economic and population center of Northeast Arkansas, supported by healthcare, education, manufacturing, and logistics. Major institutions such as St. Bernards Healthcare and Arkansas State University provide stable job growth and consistent housing demand. Jonesboro benefits from a central location within the region, offering convenient access to Memphis and other key Mid-South markets via U.S. Highways 63 and 49. The property has historically exceptional occupancy and was renovated in 2022. The property is positioned to capture "Class B+" rents at a "Class C" acquisition basis.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.6809
- Latitude
- 35.8467
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property in established Jonesboro residential area.
Where is this apartment building located?
The property is located at 324 Russell Dr Jonesboro, AR.
What are key features of this property?
This property features: Stabilized, cash‑flowing asset with historically exceptional occupancy.; Renovated in 2022, with room to add additional value through further upgrades.; 7‑unit multifamily community in an established residential area of Jonesboro, Arkansas.
