$1,200,000

311 Madison St Jonesboro, AR 72401

Estimated payment $6,943/month

Total Views 88
-- Bed
-- Bath
7,680 Sq Ft
$156 Price per Sq Ft

Highlights

  • 0.54 Acre Lot
  • Central Heating and Cooling System
  • Ceiling Fan
  • Ceramic Tile Flooring

About This Home

Discover an incredible investment opportunity with these Six beautuful townhouses in the highly sought-after Midtown Jonesboro district. Built just three years ago, these 3-bedroom, 3-bath custom units offer both style and functionality, making them perfect for today's renters. Each townhouse features a stunning all-brick exterior, complete with high-quality finishes. The main floor boasts a large kitchen with a den and a bedroom with full bath, Upstairs, find two spacious bedrooms, each with access to its own full bath. All units come equipped with all necessary appliances, ensuring a turnkey solution for tenants. Enjoy the convenience of parking in the back, adjacent to a beautifully landscaped deck area. Walkability is key, Located within walking distance to downtown Jonesboro, residents can easily access popular spots like The Lounge, Porch 30, and St. Bernard's Hospital. The vibrant neighborhood offers a mix of dining, shopping, and entertainment options, enhancing the appeal to potential tenants. With its prime location and modern amenities, this property is poised for strong rental demand and attractive returns. Built in 2022, the townhouses are low maintenance, providing peace of mind for investors.

Listing Agent

Josh Olson

Jonesboro Realty Company License #00058768 Listed on: 08/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,476

Lot Details

  • 0.54 Acre Lot

Parking

  • Common or Shared Parking

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 7,680 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 6 Units
  • Insurance Expense $3,000

Listing and Financial Details

  • Assessor Parcel Number 01-144183-06400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,476

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Property Sub Type: Apartments
  • Style: 2 Story, Townhouse
  • Builder Owned: Yes
  • Legal Description: CLARK SECOND REPLAT OF EDWARDS
  • Levels: Two Story
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Cable, Ceiling Fan(s), Climate Control
  • Windows Treatments: Blinds
  • Floors: Ceramic
  • Price Per Square Foot: 156.25
  • Square Footage: 7680.0

Exterior Features

  • Exterior: Brick
  • Flood Zone: Unknown
  • Roof: Architectural Shingle

Garage/Parking

  • Parking Features: 2 Spaces/Unit, Common

Utilities

  • Cooling Features: Central Air, Electric
  • Heat Features: Central, Electric
  • Electric Features: CW&L
  • Sewer Septic: City Sewer
  • Water Supply: City
  • Laundry Features: Dryer Provided, Washer Provided

Condo/Co-op/Association

  • Association: nearkansas

Schools

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

Lot Info

  • Acres: 0.5400
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 23522.00
  • Price Per Acre: 2222222.22

Tax Info

  • Year: 2023
  • Taxes: 4476.00
  • Assessor Parcel Number: 01-144183-06400

Multi Family

  • InsuranceExpense: 3000.00
  • Number of 3 Bedroom Units: 6
  • Number Of Units: 6

MLS Schools

  • Elementary School: Jonesboro Magnet
  • HighSchool: Jonesboro High School
  • Jr High School: Annie Camp

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $1,200,000 -- $156 / Sq Ft
Source: Northeast Arkansas Board of REALTORS®

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Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10123871

Northeast Arkansas Board of REALTORS®