About 226 Union St #1-11
Exceptional Multi-Family Investment Opportunity in Downtown Jonesboro. Rare opportunity to acquire a fully occupied, income-producing ($200,000 Plus annually) property in the heart of the Downtown Jonesboro Entertainment District. This historic building features 11 loft-style residential units and 8 gated parking spaces, generating more than $200,000 in gross annual income, with additional potential to increase revenue. The property combines historic character with modern conveniences, including secure gated access, a fire sprinkler system, tankless water heaters, and an exclusive rooftop patio offering impressive downtown views. With strong rental demand in Jonesboro, this property offers immediate cash flow along with long-term investment potential. Authentic loft-style residences with dedicated gated parking are rarely available in the downtown market, making this a unique opportunity for investors seeking a quality income-producing asset or a potential 1031 Exchange. Financial statements, rent roll, and additional property information are available upon request.
Features of 226 Union St #1-11
| MLS® # | 26039269 |
|---|---|
| Price | $2,550,000 |
| Square Footage | 10,125 |
| Acres | 0.22 |
| Year Built | 2015 |
| Type | Multi-Family |
| Sub-Type | Apartments |
| Style | Other (see remarks) |
| Status | Active |
Community Information
| Address | 226 Union St #1-11 |
|---|---|
| Area | Jonesboro E |
| Subdivision | City of Jonesboro |
| City | Jonesboro |
| County | Craighead |
| State | AR |
| Zip Code | 72401 |
Amenities
| Amenities | Security |
|---|---|
| Utilities | Electric-Municipal, Gas-Natural, TV-Cable |
| Parking | Carport, Auto Door Opener |
| View | Other (see remarks) |
| Is Waterfront | No |
| Has Pool | No |
| Pool | Fully Fenced |
Interior
| Interior Features | Washer-Stays, Dryer-Stays, Hot Water Heater-Gas, Smoke Detector |
|---|---|
| Appliances | Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry, Refrigerator-Stays |
| Heating | Central Cool-Electric, Central Heat-Electric |
| Cooling | Central Cool-Electric, Central Heat-Electric |
| Fireplace | No |
| Fireplaces | Washer-Stays, Dryer-Stays, Hot Water Heater-Gas, Smoke Detector |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Fully Fenced |
| Lot Description | Other (see remarks) |
| Roof | Flat |
| Foundation | Slab |
Additional Information
| Date Listed | September 28th, 2026 |
|---|---|
| Days on Market | 6 |
| Zoning | Multi Use |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Bill Pressly |
|---|---|
| Office | Arnold Group Real Estate |