1115 Raymond Road, Jackson, MS 39204

New Listing
$795,000
Property Type: Res Income Multi-Fam Bedrooms: 23 Square Footage: 11,304 Lot Size (sq. ft.): 30,056 Status: Active
Current Price: $795,000 List Date: 8/17/2026 Last Modified: 8/17/2026

Overview

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, employment, and major transportation routes. Great opportunity for an investor looking to add a multifamily asset with significant upside potential to their portfolio.

Listing Details MLS# 4159418

General Property Information

# of Units Included in Sale
23
Approx Lot Size Acres
0.69
Approx H/C SqFt
11304
SqFt Source
Public Records
List Price/SqFt
70.33
Year Built Known
Yes
Year Built
1974
Year Built Source
Public Records
Total Floors
2
Bedrooms Total
23
Bathrooms Full
23
Furnished
No
School District
Jackson Public
Elementary School
Wilkins
Elementary School 2
Oak Forest
Intermediate School
None
Middle or Junior School
Whitten
High School
Jim Hill
Accessibility Features
No
New Construction
No
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: Multi Family Levels: Two Cooling: None Heating: None Utilities: Cable Available; Electricity Available Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Asphalt Shingle Exterior Features: None Fencing: Gate; Wrought Iron Parking Features: Parking Lot Waterfront Features: None

Address and Location Information

Street Number
1115
Street Name
Raymond
Street Suffix
Road
County
Hinds
State
MS
Zip Code
39204
Parcel Number
0634-0080-001
PPIN
713000000001000601
Subdivision
Metes And Bounds
Community Of
N/A

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
4730
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
Subject to Survey
Leasehold Y/N
No
Association
No
Covenants Y/N
No
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

Showing Requirements

Showing
Appointment Required

More Information

Remarks & Miscellaneous

Public Remarks
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.

Structure Type

Multi Family
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Waterfront Features

None
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes

Cooling

None
Yes

Heating

None
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Asphalt Shingle
Yes

Exterior Features

None
Yes

Fencing

Gate
Yes
Wrought Iron
Yes

Parking Features

Parking Lot
Yes
Listing Office: Legacy Real Estate
Listing Agent: Kara S Washington
Source MLS Verified
Last Updated: August - 17 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.