1021 Raymond Rd Road, Jackson, MS 39204
Local realty services provided by:CENTURY 21 J. Carter & Company
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 cash-flow potential....
Contact an agent
Home facts
- Year built:1967
- Subdivision & Development:Metes And Bounds
- Listing ID #:4159019
- Added:66 day(s) ago
- Updated:October 18, 2026 at 02:59 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
New listings near 1021 Raymond Rd Road
- Coming Soon
$675,000Coming Soon5 beds 5 baths3,169 sq. ft.132 Meadow Oak Lane, Jackson, MS 39209
MLS# 4165446Listed by: SONDRA JORDAN REAL ESTATE, LLC - New
$142,000Active4 beds 2 baths2,310 sq. ft.6605 Abraham Lincoln Drive, Jackson, MS 39213
MLS# 4165866Listed by: EXP REALTY - New
$12,000Active3 beds 1 baths1,410 sq. ft.2832 Greenwood Avenue, Jackson, MS 39212
MLS# 4165854Listed by: THE AGENCY HAUS LLC DBA AGENCY - New
$69,000Active3 beds 1 baths1,421 sq. ft.126 Pine Cove, Jackson, MS 39212
MLS# 4165827Listed by: W REAL ESTATE LLC - New
$201,300Active3 beds 3 baths2,461 sq. ft.422 Cambridge Lane, Jackson, MS 39212
MLS# 4165809Listed by: ARX POINT REALTY, LLC - New
$234,900Active3 beds 2 baths2,274 sq. ft.5359 Reddoch Drive, Jackson, MS 39211
MLS# 4165814Listed by: DREAM HOME PROPERTIES - New
$104,000Active3 beds 2 baths1,252 sq. ft.731 Kirkley Drive, Jackson, MS 39206
MLS# 4165816Listed by: FRONT GATE REALTY LLC - New
$285,000Active4 beds 4 baths3,003 sq. ft.5465 Red Fox Road, Jackson, MS 39211
MLS# 4165818Listed by: EPIQUE - New
$158,000Active4 beds 2 baths1,561 sq. ft.5409 Brookhollow Drive, Jackson, MS 39212
MLS# 4165766Listed by: EKEY REALTY, LLC - New
$225,200Active6 beds 2 baths1,124 sq. ft.3338 Northview Drive, Jackson, MS 39216
MLS# 4165714Listed by: EKEY REALTY, LLC