1021 Raymond Rd Road, Jackson, MS 39204

Jackson
Local realty services provided by:Better Homes and Gardens Real Estate Traditions
1021 Raymond Rd Road,Jackson, MS 39204
$1,950,000
Virtual Tour
  • 46 Beds
  • 46 Baths
  • 42,124 sq. ft.
  • Multi-family
  • Active
Listed by: kara s washington
Office: legacy real estate
MLS#:4159019
Source:MS_UNITED

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$46.29

About this home

Excellent investment opportunity featuring a 46-unit gated apartment community in Jackson on approximately 2 acres. The property includes 16 one-bedroom flats and 30 spacious two-bedroom townhomes, offering strong value-add potential with a portion of the renovation work already completed. The 16 one-bedroom units have been substantially renovated with updated interior. The 30 townhomes provide significant upside for an investor to complete renovations, increase occupancy, and improve overall rental income and property performance. Positioned along one of South Jackson's established rental corridors, the property is conveniently located near Jackson State University, major roadways, employment centers, shopping, and other area amenities. With its combination of renovated units, remaining value-add potential, and attractive price per unit, this property presents an opportunity for an investor to acquire and reposition a sizable multifamily asset with considerable long-term equity and...

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Home facts

  • Year built:1967
  • Subdivision & Development:Metes And Bounds
  • Listing ID #:4159019
  • Added:91 day(s) ago
  • Updated:November 12, 2026 at 05:45 PM

Rooms and interior

  • Bedrooms:46
  • Total bathrooms:46
  • Full bathrooms:46
  • Living area:42,124 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:1967
  • Building area:42,124 sq. ft.
  • Lot area:1.84 Acres
  • Lot Features:Fenced
  • Construction Materials:Brick
  • Exterior Features:Uncovered Courtyard
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Forest Hill
  • Middle school:Cardoza Middle
  • Elementary school:Bates

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$46.29
  • Tax amount:$4,919 (2025)

Parking

  • Parking description:Parking Lot

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