1021 Raymond Rd Road Jackson, MS $ 1,950,000
1021 Raymond Rd Road
$ 1,950,000
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1021 Raymond Rd Road

Jackson, MS, 39204
$ 1,950,000
Bedrooms46 Baths46.0 Sq 42,124

Monthly Estimate*

$ 12,313

1021 Raymond Rd Road, Jackson, MS 39204 - Image 1
1021 Raymond Rd Road, Jackson, MS 39204 - Image 2
1021 Raymond Rd Road, Jackson, MS 39204 - Image 3
1021 Raymond Rd Road, Jackson, MS 39204 - Image 4
1021 Raymond Rd Road, Jackson, MS 39204 - Image 5
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Multi-Family Home for sale in Jackson, MS

for $1,950,000 with 46 bedrooms and 46 full baths. This 42,124 square foot home was built in 1967 on a lot size of 1.84.

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.

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Multi-Family Active

Price

$ 1,950,000

Bedrooms

46

Full Bath

46

Property Type

Multi-Family

Taxes

$ 4,919

Style

Lot Size

1.84

Year Built

1967

Town/City

Jackson

County/Region

Hinds

MLS | Web ID

4159019

Features
General
Tax Year 2025
County Hinds
Property Type Res Income Multi-Fam
Subdivision Name Metes And Bounds
Status Active
City Jackson
Lot Size Units Acres
Lot Size Square Feet 80150.4
Standard Status Active
Heating Central Electric None
Construction Materials Brick
Year Built 1967
New Construction false
Attached Garage false
High School Forest Hill
Elementary School Bates
Middle/Junior High School Cardoza Middle
Sewer Public Sewer
Virtual Tour https://www.propertypanorama.com/1021-Raymond-Rd-Road-Jackson-MS-39204/unbranded
Structure Type Multi Family
Levels Two
Utilities Electricity Available Sewer Available Water Available
Cooling Ceiling Fan(s) Electric Other
Waterfront Features None
Tenant Pays Cable TV Electricity
Roof Metal
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Interior
Total Baths 46
Furnished Y/N No
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Exterior
Lot Size Area 1.84
Lot Size Acres 1.84
Parking Features Parking Lot
Lot Features Fenced
Water Source Public
Building Area Total 42124
Waterfront Y/N false
Exterior Amenities Uncovered Courtyard
Fencing Wood Wrought Iron
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* Excluded Features
List By
Kara S Washington

Listing Agent

Legacy Real Estate

Broker

kara@legacyrealestatems.com

Email

Affordability Calculator

$12,722
Per Month
97%
3%
0%
Monthly Principal & Interest
$12,313
Monthly Property Taxes
$410
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Forest Hill High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,950,000 Listed Price

Map


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1021 Raymond Rd Road, Jackson, MS, 39204 is a Multi-Family Home for sale at $1,950,000 with 42,124 sqft and a lot size of 1.84. 1021 Raymond Rd Road has 46 bedrooms, 46.0 baths, and was built in 1967. The property's zip code is 39204 which is in Jackson, MS