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Five-Unit Apartment Building
For Sale
$249,900

622 W Oak Avenue, Jonesboro, AR 72401

Historic residential property converted into a well-maintained multifamily asset in Jonesboro’s Historic West End Neighborhood.

Property SizeContact for details
Days on Market64

Property Features for 622 W Oak Avenue

General Information

Standard status Active
Property subtype Multi Family Home
Zoning R 2

Additional Details

Multifamily Units 5

Building Details

Buildings 1
Stories 2
Units 5
Listing Agency: Halsey Real Estate
Listed By: Kim Shelton · License #SA00085269
Source: Jcthornton
Added: Jun 18 Changed: Aug 14 Last Checked: Aug 19 at 2:12PM

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 Halsey Real Estate

Investment Insights

Based on property information with market context.

The Savannah House is a historic residential property that has been converted into a five-unit apartment building. The property has been maintained over time and retains the character of its original home setting while serving as a multifamily asset. It is identified as an apartment building and carries R 2 zoning.

Located at 622 W Oak Avenue in Jonesboro, the property is in the Historic West End Neighborhood, just off Flint Street. Its established residential setting and five-unit configuration provide a defined apartment-building format within the neighborhood.

Key Highlights

  • Five‑unit apartment building
  • Converted historic home with retained character
  • Well‑maintained property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Bakery (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Kitchen & Bath Showroom

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,814
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 - Historic residential property converted into a well-maintained multifamily asset in Jonesboro’s Historic West End Neighborhood.
Where is this apartment building located?
The property is located at 622 W Oak Avenue Jonesboro, AR.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Five‑unit apartment building; Converted historic home with retained character; Well‑maintained property
More about this property
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