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1900 Cedar Heights Dr, Jonesboro, AR, 72401

16beds
12baths
6,720sqft
$375,000
$56price/sqft
$2,978/moest. monthly cost
$119,120/yrincome needed

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

25
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

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
    Cold WaveVery High
  • Earthquake
    EarthquakeVery High
  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Ice Storm
Tornado
Winter Weather
Heat Wave
Lightning
Strong Wind
Hail

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
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...

35% on housing$102,102/yr
40% on housing$89,340/yr
45% on housing$79,413/yr

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$56This listing

vs Other Active Listings

Avg $/sqft

ZIP 72401$107
Craighead County$129

vs Homes Sold Last Month

Median $/sqft

ZIP 72401$117
Craighead County$140

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

DateEventPrice
2026-04-19Listed for sale$399,900
2026-03-03Listing removed$249,900
2025-10-24Price change$249,900
2025-09-11Listed for sale$259,900

For Sale by Agent

AgentAndrea J Andrews
BrokerageCompass Rose Realty

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