About 405 Melrose St Street
Welcome to the Multifamily Market 405 Melrose St. of Jonesboro, Arkansas of the Cedar Heights 1st Addition within the Jonesboro School District. Opportunity Knocks! This prime piece of rental property offers 4 income producing units. The exterior is wrapped in brick and vinyl, topped with 3 tab shingles, and accented by a parking lot, mature shade trees, and small patio at each unit. The interior of each unit includes 2 bedrooms, one and a half bathrooms, living room kitchen, and washer & dryer hookups. Units are currently rented at $650 per month. Conveniently located near Arkansas State University and local retail and dining establishments. Call today to schedule your tour and make an investment in tomorrow.
Features of 405 Melrose St Street
| MLS® # | 25036471 |
|---|---|
| Price | $249,900 |
| Square Footage | 3,358 |
| Acres | 0.18 |
| Year Built | 1999 |
| Type | Multi-Family |
| Sub-Type | Fourplex |
| Style | Other (see remarks) |
| Status | Active |
Community Information
| Address | 405 Melrose St Street |
|---|---|
| Area | Jonesboro B |
| Subdivision | Cedar Heights |
| City | Jonesboro |
| County | Craighead |
| State | AR |
| Zip Code | 72401 |
Amenities
| Utilities | Sewer-Public, Water-Public, Electric-Municipal |
|---|---|
| Parking | Other (see remarks) |
| View | Level |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Washer Connection, Dryer Connection-Electric, All Units |
|---|---|
| Appliances | Free-Standing Stove |
| Heating | Central Heat-Electric |
| Cooling | Central Cool-Electric |
| Fireplace | No |
| Fireplaces | Washer Connection, Dryer Connection-Electric, All Units |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Brick, Metal/Vinyl Siding |
|---|---|
| Lot Description | Level |
| Roof | Rolled |
| Foundation | Slab |
School Information
| Elementary | JONESBORO |
|---|---|
| Middle | JONESBORO |
| High | JONESBORO |
Additional Information
| Date Listed | September 10th, 2025 |
|---|---|
| Days on Market | 48 |
| Zoning | R-1 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Andrea Andrews |
|---|---|
| Office | Compass Rose Realty |