




1900 Cedar Heights Dr, Jonesboro, AR, 72401
About This Home
Welcome to the Multifamily Market 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.
Getting Around
Schools
Construction
Condition
- Year built: 1999
Materials
- Foundation: Slab
- Roof: Rolled/Hot Mop
- Construction materials: Brick,Metal/Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other (see remarks)
- Property subType: Apartment
Interior
Appliances
- Appliances included: Built-In Range
- Laundry features: Washer Hookup,Electric Dryer Hookup
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 16
- Bathrooms: 12
Features
- All Units
- Flooring: Tile,Laminate
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 6,716
- Total interior livable area: 6,720 sqft
Property
Details
- Parcel number: 0114417107600 and 07700
- Zoning: R-1
Features
- Levels: Two
Lot
- Lot size: 0.44 Acres
- Features: Level,Subdivided
Parking
- Parking features: Assigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Ice Storm
- Tornado
- Winter Weather
- Heat Wave
- Lightning
- Strong Wind
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance | $428 | $5,136 |
| Property Taxes | $168 | $2,016 |
| Electricity | $486 | $5,839 |
| Total | $2,978 | $35,736 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-19 | Listed for sale | $399,900 |
| 2026-03-03 | Listing removed | $249,900 |
| 2025-10-24 | Price change | $249,900 |
| 2025-09-11 | Listed for sale | $259,900 |
