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Image 1 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Image 2 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Image 3 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Image 4 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Image 5 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Image 6 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Image 7 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Image 8 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Image 9 - 345 South Madison Street, Jonesboro, AR 72401, USA - Townhouse for sale
Home For Sale In Jonesboro, Arkansas
345 South Madison Street, Jonesboro, AR 72401, USA

Home For Sale In Jonesboro, Arkansas

townhouse for sale
Listed: 05/09/24

345 South Madison Street, Jonesboro, AR 72401, USA

Studio Bed:
8,200 Sq Ft Living Area:
Save
Price
$ 1,17M

About This Townhouse

These 6 townhouse's sounds like a fantastic investment opportunity, especially with its prime location in Downtown Jonesboro. The convenience of being within walking distance to major downtown attractions, events, and restaurants is a huge selling point. The fact that it's currently utilized as nightly rentals with an 80% occupancy rate in 2023 suggests a strong demand for short-term stays in the area. And the option to convert it into long-term rentals provides flexibility for potential buyers. With three bedrooms, two full baths, and one half bath in each unit, it offers comfortable living spaces for tenants or guests. Plus, having a back deck to enjoy the evenings adds to the appeal. Overall, it seems like a well-rounded investment property that …  Full description

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Jonesboro Housing & Living

Household Income

Median household income: $44,171
Number of households: 28,390
The average household income in Jonesboro, AR grew from $42,732 to $44,171 in the past year. This data is an estimate based upon 28,390 households in Jonesboro, AR.
The chart below presents how household income is distributed in Jonesboro, AR in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Jonesboro, AR compared to median property taxes around the country. The prevalent amount of property taxes in Jonesboro, AR equals <$800 , which is more than the national average.