1021 Raymond Rd Jackson, MS 39204
South Jackson NeighborhoodEstimated payment $11,419/month
Highlights
- 1.84 Acre Lot
- Ceiling Fan
- Fenced
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,920
Year Built
- Built in 1967
Lot Details
- 1.84 Acre Lot
- Fenced
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Metal Roof
Interior Spaces
- 42,124 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 46 Bedrooms
- 46 Full Bathrooms
Schools
- Bates Elementary School
- Cardoza Middle School
- Forest Hill High School
Utilities
- Cooling Available
Community Details
- 46 Units
- Metes And Bounds Subdivision
Listing and Financial Details
- Assessor Parcel Number 631-18
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,920 | $25,320 | $10,551 | $14,769 |
| 2024 | $4,791 | $24,785 | $10,551 | $14,234 |
| 2023 | $4,791 | $24,171 | $10,551 | $13,620 |
| 2022 | $4,651 | $24,171 | $10,551 | $13,620 |
| 2021 | $4,651 | $24,171 | $10,551 | $13,620 |
| 2020 | $4,549 | $23,778 | $10,551 | $13,227 |
| 2019 | $4,553 | $23,778 | $10,551 | $13,227 |
| 2018 | $4,513 | $23,837 | $10,551 | $13,286 |
| 2017 | $8,461 | $45,870 | $10,551 | $35,319 |
| 2016 | $8,461 | $45,870 | $10,551 | $35,319 |
| 2015 | $7,868 | $43,946 | $10,551 | $33,395 |
| 2014 | $7,858 | $43,946 | $10,551 | $33,395 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/13/2026 08/13/26 | For Sale | $1,950,000 | +204.7% | $46 / Sq Ft | |
| 02/11/2025 02/11/25 | Sold | -- | -- | -- | View Prior Sale |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- | |
| 08/04/2024 08/04/24 | Price Changed | $640,000 | 0.0% | $15 / Sq Ft | |
| 08/04/2024 08/04/24 | For Sale | $640,000 | -1.5% | $15 / Sq Ft | |
| 07/29/2024 07/29/24 | Off Market | -- | -- | -- | |
| 04/25/2024 04/25/24 | Price Changed | $650,000 | 0.0% | $15 / Sq Ft | |
| 04/25/2024 04/25/24 | For Sale | $650,000 | -40.9% | $15 / Sq Ft | |
| 10/12/2023 10/12/23 | Off Market | -- | -- | -- | |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- | |
| 06/04/2023 06/04/23 | For Sale | $1,100,000 | +185.7% | $26 / Sq Ft | |
| 02/23/2012 02/23/12 | Sold | -- | -- | -- | View Prior Sale |
| 02/20/2012 02/20/12 | Pending | -- | -- | -- | |
| 12/19/2011 12/19/11 | For Sale | $385,000 | -- | $152 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Attorney | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,211,960 | Purchase Money Mortgage | |
| Previous Owner | $262,650 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $245,000 | Commercial |
Source: MLS United
MLS Number: 4159019
APN: 0631-0018-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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Ask me questions while you tour the home.