1021 Raymond Rd Road
Jackson, MS 39204
46
Bed
46
Bath
1.84Acres(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 46Bathroom Information
Total Baths: 46 Full Baths: 46 -
Roofing Information
Metal -
Interior Features
Roof: Metal -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric, None Has Cooling: Yes Cooling: Ceiling Fan(s), Electric, Other
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Building Information
Year Built: 1967 Building Area Total: 42124 Construction Materials: Brick Stories: 2 Private Pool: No -
Exterior Features
Exterior Features: Uncovered Courtyard
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Lot Information
Main Square Feet: 1.84 Acres Lot Size Acres: 1.84 Lot Size Square Feet: 80150.4Property Information
Subdivision: Metes And Bounds Source Property Type: Residential Income Levels: Two Property Age: 59
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Listing Price Information
Listing Price: $1950000 Cash, Conventional
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Tax Information
Parcel Number: 631-18 Tax Year: 2025 Annual Tax: $4919.93 Tax Legal Desc: BEG INT E 1/2 W 1/2 SEC 7 T5N R1E & S/L RAYMOND RD E 261 FT S 309.5 FT W 260.74 FT N 324.92 FT TO POB PT SE 1/4 SEC 7 T5N R1E LESS TO CITY FOR ST
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Parking Information
Parking Lot
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School Information
Elementary School: BatesJunior High School: Cardoza MiddleSenior High School: Forest Hill -
Utility Information
Electricity Available, Sewer Available, Water Available -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 621 Chestnut Street, Jackson, MS, 39204 | $67,000 | 3 | 1 | -- | |
| 731 Chestnut Street, Jackson, MS, 39204 | $67,000 | 2 | 2 | -- | |
| 807 Evergreen Avenue, Jackson, MS, 39204 | $35,000 | 2 | 1 | -- | |
| 303 Sunny Lane Drive, Jackson, MS, 39204 | $52,000 | 2 | 1 | -- | |
| 248 Kimbrough Drive, Jackson, MS, 39204 | $65,000 | 3 | 2 | -- | |
| 215 Carmel Avenue, Jackson, MS, 39204 | $69,900 | 3 | 2 | -- | |
| 245 Shady Circle, Jackson, MS, 39204 | $54,500 | 3 | 2 | -- | |
| 1924 Willow Way, Jackson, MS, 39204 | $79,000 | 3 | 2 | -- | |
| 359 Cummins Street, Jackson, MS, 39204 | $81,900 | 4 | 2 | -- | |
| 2712 Hillside Drive, Jackson, MS, 39204 | $5,997 | 3 | 1 | -- |
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
ByOwner last updated this listing 08/17/2026 @ 21:03
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