1021 Raymond Rd Road, Jackson, MS 39204
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1021 Raymond Rd Road, Jackson, MS 39204
1021 Raymond Rd Road, Jackson, MS 39204
1021 Raymond Rd Road, Jackson, MS 39204
1021 Raymond Rd Road, Jackson, MS 39204
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Jason McMichael

Jason McMichael

+1(601) 804-2524
$ 1,950,000
Est. payment /mo
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Active

1021 Raymond Rd Road Jackson, MS 39204

46 Beds

46 Baths

42,124 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 42,124 sqft

Price per Sqft $46

Subdivision Metes And Bounds

MLS Listing ID 4159019

Bedrooms 46

Full Baths 46

HOA Y/N No

Year Built 1967

Annual Tax Amount $4,919

Lot Size 1.840 Acres

Acres 1.84

Source MLS United

Property Description

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 cash-flow potential.

Location

State MS

County Hinds

Interior

Heating Central, Electric, None

Cooling Ceiling Fan(s), Electric, Other

Furnishings No

Exterior

Exterior Feature Uncovered Courtyard

Parking Features Parking Lot

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description None

Roof Type Metal

Garage No

Building

Lot Description Fenced

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Uncovered Courtyard

New Construction No

Schools

Elementary Schools Bates

Middle Schools Cardoza Middle

High Schools Forest Hill

Others

Tax ID 631-18

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MLS United(Mississippi)
Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
Listed by Legacy Real Estate
Jason McMichael

Jason McMichael

Broker Associate License ID: B24303

+1(601) 804-2524

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1021 Raymond Rd Road