Excellent investment opportunity in the heart of Jonesboro! This well maintained 12-unit apartment complex is ideally located on the corner of Flint Street and Cherry Avenue, offering convenient access to shopping, restaurants, schools, and major roadways. The property consists of nine (9) 2-bedroom, 1-bath units and three (3) 1-bedroom, 1-bath units, providing a desirable mix of floor plans that appeal to a wide range of tenants. Residents enjoy the convenience of a shared on-site laundry facility with coin-operated washers and dryers, as well as private parking. The property has a strong rental history with consistent occupancy and offers significant upside potential for investors. Current rents present an opportunity for future increases, allowing a new owner to enhance cash flow and maximize returns over time. Tenants are responsible for all utilities, each having separate meters. Whether you're looking to expand your investment portfolio or acquire an income-producing asset with value-add potential, this apartment complex is one you won't want to miss. Financial information, current rent roll, and additional income and expense details are available upon request.
For sale
$825,000
1009 Flint St, Jonesboro, AR 72401
--beds
0baths
10,580sqft
Apartment
Built in ----
-- sqft lot
$752,300 Zestimate®
$78/sqft
$-- HOA
What's special
Private parking
- 68 days
- 60
- 6
Zillow last checked:
Listing updated:
Listed by:
Janie Hay 870-897-9386,
Select Properties 870-938-0967
Source: Northeast Arkansas BOR,MLS#: 10131471
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s), 1 Bedroom Unit(Window Unit), 2 Bedroom Unit(Window Unit)
Appliances
- Included: 1 Bedroom Unit(Range, Refrigerator), 2 Bedroom Unit(Range)
- Laundry: Common Area
Features
- Flooring: Ceramic Tile, Hardwood
- Windows: Blinds
Interior area
- Total structure area: 10,580
- Total interior livable area: 10,580 sqft
Property
Parking
- Parking features: Common, Covered, Paved
Features
- Levels: Two
- Exterior features: Storage
Lot
- Size: 0.42 Acres
Details
- Parcel number: 0114419231300
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick
- Roof: 3-Tab Shingles,Shingle
Condition
- Year built: 0
Utilities & green energy
- Electric: CW&L
- Gas: Natural Gas
- Sewer: City Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Subdivision: Ragsdale
Location
- Region: Jonesboro
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $6,345
- Annual tax amount: $4,697
- Date on market: 8/4/2026
- Listing terms: Cash,In House
- Lease term: 1 Bedroom Unit(Yearly),2 Bedroom Unit(Yearly)
- Total actual rent: 1375
- Tenant pays: 1 Bedroom Unit(Tenant Pays Electric), 2 Bedroom Unit(Tenant Pays Electric)
Estimated market value
$752,300
$715,000 - $790,000
$1,035/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $825,000+50%$78/sqft |
Source: Northeast Arkansas BOR #10131471 Report a problem | ||
| 12/8/2020 | Sold | $550,000$52/sqft |
Source: Northeast Arkansas BOR #10090165 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $52 | $1,269 |
| 2024 | $52 | $1,269 |
| 2023 | $52 | $1,269 |
| 2022 | $52 +5% | $1,269 +7.5% |
| 2021 | $50 +15.7% | $1,180 |
| 2020 | $43 +7.4% | $1,180 |
| 2019 | $40 +7.9% | $1,180 |
| 2018 | $37 +8.7% | $1,180 |
| 2017 | $34 | $1,180 +59.5% |
| 2016 | $34 +9.5% | $740 +2.8% |
| 2015 | $31 | $720 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West End
Nearby schools
Schools provided by the listing agent
- Elementary: Jonesboro Magnet
- Middle: Annie Camp
- High: Jonesboro High School
Source: Northeast Arkansas BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








