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405 Melrose Street, Jonesboro, AR 72401

Jonesboro
Local realty services provided by:CENTURY 21 PORTFOLIO
405 Melrose Street,Jonesboro, AR 72401
$399,900
  • - Beds
  • - Baths
  • 6,716 sq. ft.
  • Multi-family
  • Active
Listed by: andrea andrews
Office: compass rose realty
MLS#:10129132
Source:AR_JBOR

Price summary

  • Price:$399,900
  • Price per sq. ft.:$59.54

About this home

Welcome to the Multifamily Market 1900 Cedar Heights Dr and 405 Melrose St of the Cedar Heights 1st Addition in Jonesboro, Arkansas, within the Jonesboro School District. Opportunity Knocks! This prime piece of rental property offers 2 fourplexes totaling 8 income-producing units. The exteriors are wrapped in brick and vinyl, topped with 3-tab shingles, and accented by a parking lot, mature shade trees, and a small patio at each unit. The interior of each unit includes 2 bedrooms, 1.5 bathrooms, a living room and kitchen, and washer and dryer hookups. Each unit contains a refrigerator and stove and tenants pay electric. Occupied units are 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 #:10129132
  • Added:1 day(s) ago
  • Updated:April 19, 2026 at 11:33 AM

Rooms and interior

  • Flooring:Ceramic, Vinyl
  • Living area:6,716 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central

Structure and exterior

  • Roof:Shingles
  • Building area:6,716 sq. ft.
  • Lot area:0.44 Acres
  • Lot Features:Level
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Patio, Paved Streets

Schools

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

Utilities

  • Water:City
  • Sewer:City Sewer

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$59.54
  • Tax amount:$1,620

Features and amenities

  • Laundry features:Washer Hook Up

Parking

  • Parking description:Paved

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