1021 Raymond Road

669410DC-12D7-4E3C-8C02-71C52875F592
DAF161D2-55CC-400E-A586-0F1539B4B0CD
EB1A55A7-31F8-44A2-B7EF-5BB3C78F43F5
E47867CF-CA01-4B86-A669-385F0207EBED
4F7F12B8-AD35-4A5B-87E9-ED6BBC6251EE
Active
$1,950,000
42,124 sqft
1021 Raymond Rd, Jackson, MS 39204
Est: $10,487/moGet pre-approved
Multi FamilyProperty Type
1.84 acresLot Size
1967Year Built
$46/sq ftPrice per sq ft

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...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.
41 days on Market
  • Listed by: Kara S Washington 601.398.2472 kara@legacyrealestatems.com • Legacy Real Estate
Last updated: 08/13/2026 12:28 AM • Source: GCAOR MLS, MLS#: 4159019

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$10,487 per month

30 year fixed, 6.71% Interest

Principal and Interest

$10,077

Property Taxes

$410

HOA Dues

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Property Information for 1021 Raymond Road

Property Details
  • Taxes: $4,920 / year
  • MLS Type: Multi Family
  • County: Hinds County
  • Furnished: No
  • Waterfront Features: None
Building Information
  • Residences: 46
  • Year Built: 1967
  • Lot Size: 1.84 AC / 80,150 SF
Summary
Location and General Information
  • Fencing: Wood, Wrought Iron
  • Subdivision Name: Metes And Bounds
  • Latitude: 32.28
  • Longitude: -90.24
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: 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
  • Tax Year: 2025
  • Tax and Financial Information:Tax Annual Amount: $4,919.93
  • Tax and Financial Information:Tax Year: 2,025.00
  • Tax and Financial Information:Homestead Y/N: No
  • Tax and Financial Information:Additional Exemptions Y/N: No
  • Tax and Financial Information:Flood Insurance Required?: Subject to Survey
  • Tax and Financial Information:Leasehold Y/N: No
  • Tax and Financial Information:Association: No
  • Tax and Financial Information:Covenants Y/N: No
  • Tax and Financial Information:Legal Description: 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
Parking
  • Parking Features: Parking Lot
  • Attached Garage: No
  • Parking Features:Parking Lot: Yes
School Information
  • Elementary School: Bates
  • High School: Forest Hill
  • Middle Or Junior School: Cardoza Middle
  • District High School: Jackson Public
Property
Lot Information
  • Lot Size Acres: 1.84
  • Year Built Source: Public Records
  • Lot Features: Fenced
  • Structure Type: Multi Family
  • Living Area Source: Public Records
  • Building Area Total: 42124.0
  • Lot Size Area: 1.84
  • Lot Size Units: Acres
  • Lot Size Square Feet: 80150.4
  • Waterfront Features:None: Yes
Property and Assessments
  • New Construction: No
  • Floor Plans Count: 0
  • Property Type: Res Income Multi-Fam
  • Year Built: 1967
  • General Property Information:New Construction: No
  • General Property Information:# of Units Included in Sale: 46.00
  • General Property Information:Approx Lot Size Acres: 1.84
  • General Property Information:SqFt Source: Public Records
  • General Property Information:Year Built Source: Public Records
  • General Property Information:Total Floors: 2.00
  • General Property Information:Bathrooms Half: .00
  • General Property Information:Bathrooms Three Quarter: .00
  • General Property Information:Furnished: No
  • General Property Information:School District: Jackson Public
  • General Property Information:Elementary School: Bates
  • General Property Information:Elementary School 2: N/A
  • General Property Information:Intermediate School: N/A
  • General Property Information:Middle or Junior School: Cardoza Middle
  • General Property Information:High School: Forest Hill
  • General Property Information:Accessibility Features: No
Utilities
  • Electric: True
  • Utilities: Electricity Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Roof: Metal
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Exterior Features: Uncovered Courtyard
Interior Features
  • Cooling: Ceiling Fan(s), Electric, Other
  • Heating: Central, Electric, None
  • Levels: Two
  • Sewer: True
  • Water Source: Public
  • Bathrooms Total Integer: 46
  • Bathrooms Total Decimal: 46.00
  • Bathrooms Total Notational: 46.00
Multi Family
Multi Family Information
  • Number Of Units Total: 46
Rental
Rental Information
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity

Property History for 1021 Raymond Road

DateEvent & SourcePriceAppreciation
Aug 13, 2026

Listed (Active)

GCAOR MLS #4159019

$1,950,000—
Feb 11, 2025

Sold

GCAOR MLS #4049391

—
Oct 31, 2024

Contract Signed

GCAOR MLS #4049391

—
DateEvent & SourcePrice
08/13/2026

Listed (Active)

GCAOR MLS #4159019

$1,950,000
02/11/2025

Sold

GCAOR MLS #4049391

—
10/31/2024

Contract Signed

GCAOR MLS #4049391

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1021 Raymond Road

Taxable ValueLand$10,551Additions$14,769Total$25,320
Tax Record2025$4,920 ($410 / month)
Home Facts
Baths5Total Finished SqFt35,934 SqFtAbove Grade Finished SqFt35,934 SqFtStories2Lot Size80,068 SqFtStyleMulti-Family Res (5+ Units)Year Built1967Year Renovated1967CountyHINDSAPN0631-0018-000

Schools near 1021 Raymond Road

This home is within Jackson Public School Dist.
Rating
School
Type
Grades
Distance
Wilkins Elementary School
Public - K to 5
Peeples Middle School
Public - 6 to 8
Career Development Center
Public - 9 to 12
Shirley Elementary School
Public - PK to 5
Rating
School
Distance
Wilkins Elementary School
PublicK to 5

Peeples Middle School
Public6 to 8

Career Development Center
Public9 to 12

Shirley Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1021 Raymond Road, Jackson, MS 39204

1021 Raymond Road is a multi-family home for sale in Jackson, MS 39204. This property was listed for sale on August 13, 2026 by Legacy Real Estate, it's currently listed at $1,950,000. It has been on the market for a total of 41 days and was last sold on February 11, 2025. This listing's school district is Jackson Public School Dist. Nearby schools include Wilkins Elementary School, Peeples Middle School and Career Development Center. 1021 Raymond Road is a 0-bed, 46-bath, 42,124 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Legacy Real Estate

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.