$189,900
$10K PRICE DROP

509 Marshall St Jonesboro, AR 72401

Estimated payment $1,116/month

Total Views 56,855
-- Bed
-- Bath
1,408 Sq Ft
$135 Price per Sq Ft

Highlights

  • Very Popular Property
  • Covered patio or porch
  • Landscaped with Trees
  • Traditional Architecture
  • Cooling Available
  • 1-Story Property

About This Home

Welcome to the Multifamily Market 509 Marshall Street Jonesboro, Arkansas of the Cedar Heights 2nd 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, topped with 3 tab shingles, and accented by covered porches, wood privacy fencing, parking lot, and mature shade trees & landscaping. The interior of each efficiency unit includes one bedroom, one bathroom, living room and kitchen. Currently rented at $550 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.

Listing Agent

Andrea Andrews

Compass Rose Realty License #00078007 Listed on: 06/09/2025

Compass Rose Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $790

Lot Details

  • 9,374 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Landscaped with Trees

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property

Parking

  • Common or Shared Parking
  • Paved Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Jonesboro Magnet Elementary School
  • Macarthur Middle School
  • Jonesboro High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Units
  • Gross Income $26,400

Listing and Financial Details

  • Assessor Parcel Number 01-144171-12200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$790

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Property Sub Type: Four-Plex
  • Style: 1 Story, Traditional
  • Builder Owned: No
  • Legal Description: CEDAR HEIGHTS 2ND ADD
  • Levels: One Level
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Climate Control
  • Price Per Square Foot: 134.87
  • Square Footage: 1408.0

Exterior Features

  • Exterior: Brick
  • Flood Zone: No
  • Roof: 3-Tab Shingles
  • Fencing Features: Wood Privacy
  • Exterior Amenities: Patio Covered, Paved Streets

Garage/Parking

  • Parking Features: 1 Space/Unit, Common, Paved

Utilities

  • Cooling Features: Electric
  • Heat Features: Electric
  • Electric Features: CW&L
  • Gas Features: None
  • Sewer Septic: City Sewer
  • Water Supply: City
  • Laundry Features: None

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Jonesboro Magnet
  • Middle School: Macarthur
  • High School: Jonesboro High School

Lot Info

  • Acres: 0.2152
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 9374.00
  • Price Per Acre: 882434.94
  • Lot Description: Landscaped, Level, Shade Trees

Tax Info

  • Year: 2024
  • Taxes: 790.00
  • Assessor Parcel Number: 01-144171-12200

Multi Family

  • GrossIncome: 26400.00
  • Number of 1 Bedroom Units: 4
  • Number Of Units: 4

MLS Schools

  • Elementary School: Jonesboro Magnet
  • HighSchool: Jonesboro High School
  • Jr High School: Macarthur

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
07/25/2025 07/25/25 Price Changed $189,900 -5.0% $135 / Sq Ft
06/06/2025 06/06/25 For Sale $199,900 -- $142 / Sq Ft
Source: Northeast Arkansas Board of REALTORS®

About the Listing Agent

Andrea Andrews

Andrea Andrews

Compass Rose Realty

(870) 709-2769

Section Image

Welcome! My name is Andrea Andrews and I am the Principal Broker & Owner at Compass Rose Realty, LLC. At Compass Rose it is our mission to go above and beyond your expectations of a REALTOR®. No matter what stage of the real estate journey you are in, we are here to guide you along the way. Whether you are a 1st time home buyer, a growing family who needs more room to spread out in, downsizing, looking for your home away from home, an investment property or two to stock your retirement

Andrea's Other Listings

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  • 5405 Yukon Dr, Jonesboro, AR 72405

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  • 4049 Highway 351, Jonesboro, AR 72405

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  • 9 Acres Cr 775 757 773, Jonesboro, AR 72405

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    Welcome to Market 9.27 +/- Acres on County Roads 775, 773, and 757 of Jonesboro, Arkansas within the Jonesboro School District. The possibilities are plenty for this prime piece of property with road frontage on three sides, utilities available to the property, pasture & timberland, outside of city limits, yet close to favorite local amenities, such as Arkansas State University, Jonesboro

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  • 9 Acres County Road 775 757 and 773, Jonesboro, AR 72405

    $184,900

    • Land
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    Welcome to Market 9.27 +/- Acres on County Roads 775, 773, and 757 of Jonesboro, Arkansas within the Jonesboro School District. The possibilities are plenty for this prime piece of property with road frontage on three sides, utilities available to the property, pasture & timberland, outside of city limits, yet close to favorite local amenities, such as Arkansas State University, Jonesboro

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Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10122427

Northeast Arkansas Board of REALTORS®

Arkansas Craighead County Jonesboro 72401

509 Marshall St, Jonesboro, AR

This home is located at 509 Marshall St, Jonesboro, AR 72401 and is currently priced at $189,900, approximately $134 per square foot. 509 Marshall St is a home located in Craighead County with nearby schools including Douglas Macarthur Junior High School, The Academies at Jonesboro High School, and Montessori School of Jonesboro.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Andrea Andrews
Andrea Andrews
Listing Agent Section Image
Compass Rose Realty
(870) 709-2769