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    Jonesboro Multifamily Investment Opportunity
    Updated: Mar 6
    Jonesboro Multifamily Investment Opportunity

    324 Russell Dr, Jonesboro, AR 72401

    $420,000
    5,950 sqft
    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.
    Located in the Jonesboro MSA, the economic and population center of Northeast Arkansas with a diverse employment base.
    Proximity to key employment drivers, retail corridors, and essential services.
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    This listing looks promising.

    Here's a quick look at some key insights for

    324 Russell Dr, Jonesboro, AR 72401

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $510K
      Above asking
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    Apartment Building Condos in Three Quadplexes
    Updated: Jun 18
    Apartment Building Condos in Three Quadplexes

    3101 Olivia Court, Jonesboro, AR 72404

    $2,400,000
    14,616 sqft
    Twelve completed, vacant condominium units
    Three quadplex buildings with condo ownership structure
    Six 3‑bedroom, 2‑bath units (approximately 1,220 SF) and six 2‑bedroom, 2‑bath units (approximately 1,216 SF)
    Each residence includes a covered two‑car carport
    Interior finishes include luxury vinyl plank flooring, vaulted ceilings, and granite countertops
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    New Luxury Quadplex Condominium
    New Luxury Quadplex Condominium

    3101 Olivia Court, Jonesboro, AR 72404

    $2,400,000
    14,616 sqft

    Brand-new, vacant condominium units in quadplex buildings, ready for immediate leasing upon acquisition.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    1012 N Main St, Jonesboro, AR 72401

    $759,900
    5,940 sqft 0.57 AC lot

    R-3 zoned six-unit property with all units occupied; three 2018-built duplexes with covered porches and fenced parking areas.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1012 N Main St, Jonesboro, AR 72401

    $759,900
    5,940 sqft 0.57 AC lot

    Fully occupied multifamily property with separate electric metering, on-site parking, and fenced outdoor areas.

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    11-Unit Loft-Style Apartment Building
    11-Unit Loft-Style Apartment Building

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

    $2,650,000
    8,000 sqft 0.22 AC lot

    2015-built 11-unit loft-style apartments with 8 gated parking spaces and a rooftop patio, on fully fenced grounds.

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    Apartment Complex with Duplex Units
    Apartment Complex with Duplex Units

    404 W Matthews, Brookland, AR 72417

    $5,790,000
    29,000 sqft 4.49 AC lot

    One-year-old brick duplex complex offers 30 two-bedroom, two-bath units across 15 buildings.

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    Two Fourplex Apartment Buildings
    Two Fourplex Apartment Buildings

    1900 Cedar Heights Dr., Jonesboro, AR 72401

    $375,000
    6,716 sqft 0.44 AC lot

    Two fourplexes totaling eight rental units with washer/dryer hookups and assigned parking on a 0.44-acre lot.

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    Mobile Home Park with Additional Spaces
    Mobile Home Park with Additional Spaces

    233 N Allis St, Jonesboro, AR 72401

    $155,000
    2,772 sqft

    Four occupied homes and two additional spaces are served by city utilities on a level, R-3-zoned site.

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    Four-Unit Quadplex
    Four-Unit Quadplex

    1261 County Road 380, Bono, AR 72416

    $324,900
    3,276 sqft 0.86 AC lot

    Four two-bedroom, one-bath units feature updated mechanical systems, durable flooring, and a newer architectural-shingle roof.

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    Commercial Land Near Highway Intersection
    Commercial Land Near Highway Intersection

    2009 Margo, Jonesboro, AR 72401

    $225,000
    800 sqft 0.50 AC lot

    Half-acre commercial parcel with C-3 limited-use overlay near a major highway connection.

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    All-Brick Three-Unit Triplex
    All-Brick Three-Unit Triplex

    2210 Clark St, Jonesboro, AR 72401

    $319,900
    2,380 sqft

    Each residence offers two bedrooms, one bath, and stained concrete floors.

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    Mobile Home Park with Four Income Units
    Mobile Home Park with Four Income Units

    233 Allis, Jonesboro, AR 72401

    $155,000
    2,772 sqft 0.52 AC lot

    Mobile home park in Jonesboro zoned R-3 on a level lot with city utilities and four tenant-occupied income units.

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    Mobile Home Park Zoned R-3
    Mobile Home Park Zoned R-3

    233 N Allis, Jonesboro, AR 72401

    $155,000
    2,772 sqft 0.51 AC lot

    Mobile home park with city utilities on a level, partially fenced lot, featuring four tenant-occupied units plus two additional spaces.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    622 W Oak Avenue, Jonesboro, AR 72401

    $249,900
    2,866 sqft 0.37 AC lot

    Well-maintained five-unit apartment building known as The Savannah House.

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    Under-Construction Apartment Building with Carport
    Under-Construction Apartment Building with Carport

    1206 Warren Street, Jonesboro, AR 72401

    $350,500
    6,216 sqft 0.50 AC lot

    Under-construction apartment building on a 0.5-acre lot with carport parking, laminate and vinyl flooring, and a composition shingle roof.

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    30-Unit Apartment Complex
    30-Unit Apartment Complex

    404 W Matthews, Brookland, AR 72417

    $5,790,000
    4.50 AC lot

    Built in 2024, the property combines brick duplex buildings with supplied appliances and washer-and-dryer equipment.

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    Renovated Duplex
    Renovated Duplex

    816 N Church Street, Jonesboro, AR 72401

    $148,141
    1,856 sqft 0.15 AC lot

    Occupied duplex with updated building systems, furnishings, and R3 zoning.

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    Jonesboro Multifamily Investment Opportunity
    Jonesboro Multifamily Investment Opportunity

    319 Scott Street, Jonesboro, AR 72401

    Contact for pricing
    5,362 sqft

    Six fully occupied, modern 2-bedroom units in Jonesboro.

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    Duplex Townhome with Vaulted Ceilings
    Duplex Townhome with Vaulted Ceilings

    3100 Olivia Court, Jonesboro, AR 72404

    $193,000
    1,280 sqft

    Duplex-style townhome featuring vaulted ceilings with clerestory windows, granite counters, two bedrooms, and two full baths.

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    Fully Occupied Triplex Near University
    Fully Occupied Triplex Near University

    106 Leggett Street, Jonesboro, AR 72401

    Contact for pricing
    3,773 sqft

    Turn-key investment opportunity in a growing market near Arkansas State.

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    Renovated Duplex
    Renovated Duplex

    816 N church, Jonesboro, AR 72401

    $148,141
    1,856 sqft

    Occupied two-unit property with updated building systems, fixtures, and furnishings in an R3-zoned setting.

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    Multifamily Apartment Complex
    Multifamily Apartment Complex

    1811 Self Cir, Jonesboro, AR 72401

    Contact for pricing

    Apartment complex featuring 90 units, presented as a value-add opportunity in an Opportunity Zone in Jonesboro, Arkansas.

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    Apartment Complex with Updated Interiors
    Apartment Complex with Updated Interiors

    1906 W Matthews Avenue, Jonesboro, AR 72401

    $4,500,000
    40,000 sqft 3.53 AC lot

    Apartment complex with recent roof, interior finishes, and multiple HVAC and water heater replacements.

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    Craighead County, AR Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Craighead County, AR, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 211,339 square feet of properties for sale, with an estimated market value of $29,224,926.

    Sale prices for multifamily properties in Craighead County, AR start at $148,141, averaging $1,328,405, and reaching up to $5,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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