Active
11,304 sqft
1115 Raymond Rd, Jackson, MS 39204
Est: $4,502/moGet pre-approved
Multi FamilyProperty Type
0.69 acresLot Size
1974Year Built
$70/sq ftPrice per sq ft

Description

Excellent investment opportunity at 1115 Raymond Rd in Jackson. This 23-unit multifamily property offers strong value-add potential with major exterior improvements already completed, including a newer roof, exterior paint, and structural upgrades. The remaining opportunity is primarily focused on interior renovations, allowing an investor to complete improvements and reposition the property for increased rental income. Conveniently located along the Raymond Road corridor with easy access to shopping,...Excellent investment opportunity at 1115 Raymond Rd in Jackson. This 23-unit multifamily property offers strong value-add potential with major exterior improvements already completed, including a newer roof, exterior paint, and structural upgrades. The remaining opportunity is primarily focused on interior renovations, allowing an investor to complete improvements and reposition the property for increased rental income. Conveniently located along the Raymond Road corridor with easy access to shopping, employment, and major transportation routes. Great opportunity for an investor looking to add a multifamily asset with significant upside potential to their portfolio.
35 days on Market
  • Listed by: Kara S Washington 601.398.2472 kara@legacyrealestatems.com • Legacy Real Estate
Last updated: 08/17/2026 11:08 AM • Source: GCAOR MLS, MLS#: 4159418

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Location

Listing Courtesy of Legacy Real Estate
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Payment Calculator

$4,502 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,108

Property Taxes

$394

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1115 Raymond Road

Property Details
  • Taxes: $4,730 / year
  • MLS Type: Multi Family
  • County: Hinds County
  • Furnished: No
  • Waterfront Features: None
Building Information
  • Residences: 23
  • Year Built: 1974
  • Lot Size: 0.69 AC / 30,056 SF
Summary
Location and General Information
  • Fencing: Gate, Wrought Iron
  • Subdivision Name: Metes And Bounds
  • Latitude: 32.28
  • Longitude: -90.24
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: BEG 74.54 FT W INT W/L SHADY LANE & S/L RAYMOND RD S 181.25 FT W 159.87 FT N 195.8 FT E 160.72 FT TO POB IN SE 1/4 SW 1/4 SEC 7 T5 R1E
  • Tax Year: 2025
  • Tax and Financial Information:Tax Annual Amount: $4,730.00
  • 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 74.54 FT W INT W/L SHADY LANE & S/L RAYMOND RD S 181.25 FT W 159.87 FT N 195.8 FT E 160.72 FT TO POB IN SE 1/4 SW 1/4 SEC 7 T5 R1E
Parking
  • Parking Features: Parking Lot
  • Attached Garage: No
  • Parking Features:Parking Lot: Yes
School Information
  • Elementary School: Wilkins
  • High School: Jim Hill
  • Middle Or Junior School: Whitten
  • District High School: Jackson Public
Property
Lot Information
  • Lot Size Acres: 0.69
  • Year Built Source: Public Records
  • Structure Type: Multi Family
  • Living Area Source: Public Records
  • Building Area Total: 11304.0
  • Lot Size Area: 0.69
  • Lot Size Units: Acres
  • Lot Size Square Feet: 30056.4
  • Waterfront Features:None: Yes
Property and Assessments
  • New Construction: No
  • Floor Plans Count: 0
  • Property Type: Res Income Multi-Fam
  • Year Built: 1974
  • General Property Information:New Construction: No
  • General Property Information:# of Units Included in Sale: 23.00
  • General Property Information:Approx Lot Size Acres: .69
  • 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: Wilkins
  • General Property Information:Elementary School 2: Oak Forest
  • General Property Information:Intermediate School: None
  • General Property Information:Middle or Junior School: Whitten
  • General Property Information:High School: Jim Hill
  • General Property Information:Accessibility Features: No
Utilities
  • Utilities: Cable Available, Electricity Available
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt Shingle
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Exterior Features: None
Interior Features
  • Cooling: None
  • Heating: None
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
  • Bathrooms Total Integer: 23
  • Bathrooms Total Decimal: 23.00
  • Bathrooms Total Notational: 23.00
Multi Family
Multi Family Information
  • Number Of Units Total: 23

Property History for 1115 Raymond Road

DateEvent & SourcePriceAppreciation
Aug 17, 2026

Listed (Active)

GCAOR MLS #4159418

$795,000
Sep 11, 2006

Sold

GCAOR MLS #1161680

Aug 22, 2006

Contract Signed

GCAOR MLS #1161680

DateEvent & SourcePrice
08/17/2026

Listed (Active)

GCAOR MLS #4159418

$795,000
09/11/2006

Sold

GCAOR MLS #1161680

08/22/2006

Contract Signed

GCAOR MLS #1161680

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

Public Records for 1115 Raymond Road

Taxable ValueLand$4,509Additions$20,690Total$25,199
Tax Record2025$4,896 ($408 / month)
Home Facts
Total Finished SqFt11,304 SqFtAbove Grade Finished SqFt11,304 SqFtLot Size30,166 SqFtStyleMulti-Family Dwelling (2-4)Year Built1974CountyHINDSAPN0634 0080 001Fireplace TypeHas Fireplace

Schools near 1115 Raymond Road

This home is within Jackson Public School Dist.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

1115 Raymond Road is a multi-family home for sale in Jackson, MS 39204. This property was listed for sale on August 17, 2026 by Legacy Real Estate, it's currently listed at $795,000. It has been on the market for a total of 35 days and was last sold on September 11, 2006. This listing's school district is Jackson Public School Dist. Nearby schools include Wilkins Elementary School, Peeples Middle School and Career Development Center. 1115 Raymond Road is a 0-bed, 23-bath, 11,304 sqft multi-family home built in 1974.

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.