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.
Active
$795,000
1115 Raymond Rd, Jackson, MS 39204
23beds
11,304sqft
Multi Family
Built in 1974
-- sqft lot
$-- Zestimate®
$70/sqft
$-- HOA
What's special
Structural upgradesNewer roofExterior paint
- 27 days
- 284
- 13
Zillow last checked:
Listing updated:
Listed by:
Kara S Washington 601-398-2472,
Legacy Real Estate 601-398-2472
Source: MLS United,MLS#: 4159418
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 23
- Bathrooms: 23
- Full bathrooms: 23
Heating
- None
Cooling
- None
Interior area
- Total structure area: 11,304
- Total interior livable area: 11,304 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Fencing: Gate,Wrought Iron
- Waterfront features: None
Lot
- Size: 0.69 Acres
Details
- Parcel number: 06340080001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available
Community & HOA
Community
- Subdivision: Metes And Bounds
HOA
- Has HOA: No
Location
- Region: Jackson
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $163,140
- Annual tax amount: $4,730
- Date on market: 8/17/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,057/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $795,000$70/sqft |
Source: MLS United #4159418 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $24,471 +1.8% |
| 2023 | -- | $24,044 +0% |
| 2022 | -- | $24,036 |
| 2021 | -- | $24,036 +2.4% |
| 2020 | -- | $23,475 |
| 2019 | -- | $23,475 |
| 2018 | -- | $23,475 |
| 2017 | $6,079 | $23,475 -28.8% |
| 2016 | $6,079 | $32,957 +7.7% |
| 2015 | $6,079 +11% | $30,596 |
| 2014 | $5,478 | $30,596 |
| 2013 | -- | $30,596 |
| 2012 | -- | $30,596 +8.4% |
| 2011 | -- | $28,229 -52.2% |
| 2010 | -- | $59,051 |
| 2009 | -- | $59,051 |
| 2008 | -- | $59,051 +11.9% |
| 2007 | -- | $52,761 |
| 2006 | -- | $52,761 |
| 2005 | -- | $52,761 |
| 2004 | -- | $52,761 |
| 2003 | -- | $52,761 |
| 2002 | -- | $52,761 +14.3% |
| 2001 | -- | $46,152 |
| 2000 | -- | $46,152 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Braircliff Circle
Nearby schools
Schools provided by the listing agent
- Elementary: Wilkins
- Middle: Whitten
- High: Jim Hill
Source: MLS United. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.