About This Home

This 18-bedroom, 0-bathroom multi-family at 311 Madison Avenue in Jonesboro, AR is listed for $1,245,000 ($162 per sqft). the home offers 7,680 sqft of living space on a 0.54 acres lot.

Key Features

  • 0.54 acre lot
  • 2 stories

Property Details

2 stories

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$6,659/mo

20% down · 6.5% · 30 years

Principal$900
Interest$5,395
Insurance$363

Estimates only. Actual payments may vary.

Location

311 Madison Avenue

Jonesboro, AR 72401

Clark

Features & Amenities

Interior Features

Ceiling Fan(s)Climate Control

Exterior Features

Brick

Property Details

Flooring

Ceramic

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 18-bedroom, 0-bathroom multi-family at 311 Madison Avenue is listed at $1,245,000 ($162/sqft). The estimated monthly payment is $6,658 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.54 acre lot, 2 stories. Interior Features: Ceiling Fan(s), Climate Control. Exterior Features: Brick.

This property is listed by Josh Olson.

JO

Josh Olson

Agent at Jonesboro Realty Company

Listed by Jonesboro Realty Company · Broker phone: (187) 024-3399 · View on Broker Site · Broker website

MLS# 10130418· Source: Northeast Arkansas Board of Realtors.· 132 days on PropertySimple

Copyright © 2026 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

311 Madison Avenue, Jonesboro, AR 72401

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