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16 Beds
12 Baths
6,720 sqft

$375,000

1900 Cedar Heights Dr. Unit: 405 Melrose St., Jonesboro AR, 72401

Price per sqft$55.80
Built in1999
Property size6,720 sqft
Property typeMulti-family

Overview

Active

Listed Apr 18, 2026

Updated Aug 29

Welcome to the Multifamily Market *TWO QUADS* 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.

$2,495/mo

Est. mortgage payment based on a $375,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26015537

Interior Features

Bedrooms
16
Bathrooms
12
Basement
No

Exterior Features

Lot Size
0.44 Acres

Other Property Details

Taxes
$1,620
Tax Frequency
Annually

Courtesy of Compass Rose Realty, Andrea Andrews

Listing Contact: 870-336-1008 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of the Cooperative Arkansas REALTORS Multiple Listing Services. Real estate listings, held by brokerage firms other than Jeff Kennedy, are marked with the Broker ReciprocitySM logo, and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The broker operating this web site believes the data here to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Neither listing broker(s) nor Jeff Kennedy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.

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Data last updated 8/29/2026, 3:52 AM UTC.

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