USAARJonesboroCity of Jonesboro1-11-226 Union St
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$2,650,000

For Sale

A month ago

1-11 - 226 Union St, Jonesboro, AR

Condo

MLS® 26012399

0 Bed

0 Bath

8000 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 8000 sqft
Garage No
HOA Fees 
Taxes $5,671
Days Active 39
Approx. Age 2015
Avg. Price Per Sqft $331
MLS® Number 26012399

Property Address: 1-11-226 Union St, Jonesboro, AR, 72401-2813

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional multi-family investment opportunity located in the Downtown Jonesboro Entertainment District. This fully occupied property features 11 loft-style residential units and 8 gated parking spaces, generating over $200, 000 in gross annual income with potential for increased revenue. The property offers a unique loft living experience within the historic Massinelli's Dry Cleaning Building, combining character with modern amenities. Features include secure gated access, fire sprinkler system, tankless water heaters, and a rooftop patio for tenant only use. Situated in a strong rental market (approximately 52% renter-occupied), this asset provides immediate cash flow and long-term investment stability. One of the few downtown properties offering both loft-style units and dedicated gated parking. Nine 2 bed, 2 bath and Two 1 bed, 1 bath. Perfect for a 1031 Exchange. Financials and additional property details available upon request.
MLS® Number26012399
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2015
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 1, 2026List Date
$2,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
226 Union St, Jonesboro, AR

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