For Sale

Listed by Tim Ray

410 W Monroe Ave, Jonesboro, AR, 72401

$999,900

6644 sq. ft.
17999 sq. ft.

MultiFam

30+ days on the market

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What's around 410 W Monroe Ave

About this property

These 5 townhouse sounds like a fantastic investment opportunity, especially given its prime location in the heart of Downtown Jonesboro. Its proximity to major downtown attractions, restaurants, and events makes it an attractive option for both short-term and long-term rentals. The fact that it's currently being used as nightly rentals with an 86% occupancy rate in 2023 is impressive and speaks to its potential as an income-generating property. Plus, the option to negotiate furnishings for those interested in continuing with nightly rentals adds even more appeal. With 2 bedrooms, 2 full baths, and 1 half bath in each unit, it offers comfortable living spaces for tenants. The inclusion of a back deck is a nice touch, providing a space for residents to relax and enjoy the atmosphere after exploring downtown. Overall, this all-brick investment townhouse seems like a great opportunity for anyone looking to live, work, or invest in the vibrant Downtown Jonesboro area. These Townhouse would make a great addition to your Portfolio. Call us or you agent of choice today.

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