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1815 Cedar Hts, Jonesboro, AR, 72401

3beds
2baths
1,120sqft
$100,000
$89price/sqft
$798/moest. monthly cost
$31,920/yrincome needed

About This Home

Investor Opportunity!!!! This remodeled townhome offers the rare combination of immediate income potential and long-term upside. Featuring 3 bedrooms and 1.5 bathrooms, this unit is individually parceled and can be purchased separately or combined with additional units as part of a larger investment package. Recent improvements to the Cedar Heights community include extensive renovations and capital improvements, including major updates to roofing, plumbing, HVAC systems, water heaters, flooring, paint, appliances, and more. Each unit includes a stove, refrigerator, washer/dryer hookups, individually metered utilities, and a private storage shed. Many units are currently occupied, while others offer the opportunity to place tenants at today's market rates. Investors will appreciate the flexibility to purchase a single unit, multiple units, or assemble a larger portfolio to maximize economies of scale and cash flow potential. Additional units and package pricing available. Seller will consider individual sales, multi-unit purchases, or portfolio acquisitions. Contact listing agent for current availability, rent rolls, and investment package details.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

Construction

Materials

  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator,Electric Water Heater

Basement

  • Area: 0

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3

Features

  • Window features: Blinds
  • Flooring: Vinyl
  • Finished area above ground: 1,120

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,120
  • Total interior livable area: 1,120 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 0114417106000

Features

  • Levels: Two

Lot

  • Features: Landscaped

Parking

  • Parking features: No Garage

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 $505$6,060
Home Insurance $114$1,368
Property Taxes $45$540
Electricity $134$1,616
Total$798$9,576

Income You'd Need if You Spent...

35% on housing$27,360/yr
40% on housing$23,940/yr
45% on housing$21,280/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

$89This 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)

No zestimate history available

Price History

DateEventPrice
2026-06-19Listed for sale$100,000

For Sale by Agent

AgentDuke Lipsky
BrokerageHalsey Real Estate

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