405 Melrose Street, Jonesboro, AR 72401

Local realty services provided by:CENTURY 21 PORTFOLIO
405 Melrose Street,Jonesboro, AR 72401
$249,900
  • - Beds
  • - Baths
  • 3,358 sq. ft.
  • Multi-family
  • Active
Listed by: andrea andrews
Office: compass rose realty
MLS#:10124623
Source:AR_JBOR

Price summary

  • Price:$249,900
  • Price per sq. ft.:$74.42

About this home

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.

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Home facts

  • Listing ID #:10124623
  • Added:92 day(s) ago
  • Updated:December 13, 2025 at 04:08 PM

Rooms and interior

  • Living area:3,358 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central

Structure and exterior

  • Roof:Shingles
  • Building area:3,358 sq. ft.
  • Lot area:0.18 Acres

Schools

  • High school:Jonesboro High School
  • Middle school:Annie Camp
  • Elementary school:Jonesboro Magnet

Utilities

  • Water:City
  • Sewer:City Sewer

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$74.42
  • Tax amount:$785