$1,950,000
46 Beds
46 Baths
42,124 sqft (on 1.84 acres)
1021 Raymond Rd, Jackson, MS 39204
Est. Mortgage $12,225/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1967
1.84 acre lot
$46/sqft
Parking Lot
Local Information
- Map ViewExplore the area around 1021 Raymond Rd.
- Schools2 Elementary Schools3 Middle Schools1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 16 hours ago
Listing courtesy of Kara S Washington, (601) 398-2472
Legacy Real Estate, (601) 398-2472
Source: MLS United, MLS#4159019
Also Listed on MLS United.
Home Details for 1021 Raymond Rd
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 46Number of Bathrooms: 46Number of Bathrooms (full): 46 |
Dimensions and Layout Living Area: 42124 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Sewer Available, Water Available |
Heating & Cooling Heating: Central,Electric,NoneAir Conditioning: Ceiling Fan(s),Electric,OtherHeating Fuel: Central |
Gas & Electric Has Electric on Property |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: MetalFencing: Wood, Wrought Iron, FencedExterior: Uncovered CourtyardFoundation: Slab |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Parking Lot |
Frontage Waterfront: NoneNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 37 |
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Year Built Year Built: 1967 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: Multi Family |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 63118 |
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Price List Price: $1,950,000Price Per Sqft: $46 |
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Direction & Address City: JacksonCommunity: Metes And Bounds |
School Information Elementary School: BatesJr High / Middle School: Cardoza MiddleHigh School: Forest Hill |
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Listing Agent Listing ID: 4159019 |
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Building Area Building Area: 42124 Square Feet |
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No HOA |
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Lot Area: 1.84 Acres |
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Mobile Home Park Mobile Home Units: Feet |
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Expense Tenant Pays: Cable TV, Electricity |
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Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water |
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Mls Number: 4159019 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Citizens Southwest
At least 59 Trulia users voted on each feature.
89 % Say car is needed
83 % Say yards are well-kept
70 % Say there's holiday spirit
68 % Say parking is easy
65 % Say kids play outside
50 % Say it's dog friendly
46 % Say neighbors are friendly
43 % Say they plan to stay for at least 5 years
38 % Say there's wildlife
38 % Say it's quiet
35 % Say streets are well-lit
30 % Say there are sidewalks
25 % Say it's walkable to grocery stores
23 % Say there are community events
18 % Say people would walk alone at night
16 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Jackson
Last updated August 2026
Avg. sale price
$142K
Sale-to-List Price
97.0%
0.1%MoM
Price per sq ft
$87
$2MoM
Available listings
753
11MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.36 | Multi-Family Home | - | 03/02/26 | 6 | 6 | 3,802 | |
1.57 | Multi-Family Home | - | 03/27/26 | 6 | 6 | 4,816 | |
2.49 | Multi-Family Home | - | 08/31/26 | 32 | 16 | 11,000 | |
1.71 | Multi-Family Home | - | 02/10/26 | 6 | 6 | 3,048 | |
2.04 | Multi-Family Home | - | 04/01/26 | 3 | 2 | 1,747 | |
2.09 | Multi-Family Home | - | 11/26/25 | 4 | 4 | 2,112 | |
3.16 | Multi-Family Home | - | 10/21/25 | 24 | 24 | 13,296 | |
3.20 | Multi-Family Home | - | 04/20/26 | 6 | 4 | 2,255 | |
3.62 | Multi-Family Home | - | 07/22/26 | 4 | 4 | 3,596 | |
3.62 | Multi-Family Home | - | 07/22/26 | 2 | 1 | 961 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | - | 3 | 2 | 1,300 | Off Market | |
0.09 | $62,100 | 5 | 2 | 2,061 | Off Market | |
0.11 | $96,200 | 3 | 1 | 1,427 | Off Market | |
0.09 | - | 4 | 2 | 2,216 | Off Market | |
0.10 | - | 3 | 2 | 1,390 | Off Market | |
0.14 | - | 3 | 1.5 | 1,529 | Off Market | |
0.12 | - | 4 | 2 | 1,445 | Off Market | |
0.11 | - | 2 | 1.5 | 1,236 | Off Market | |
0.13 | $72,500 | 4 | 2 | 1,700 | For Sale | |
0.17 | - | 3 | 2 | 1,361 | Off Market | |
0.16 | - | 3 | 2 | 1,302 | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 13, 2026 Source: MLS United #4159019 | Listed For Sale | $1,950,000 |
Feb 11, 2025 Source: MLS United #4049391 | Sold | -- |
Sep 20, 2024 Source: MLS United #4049391 | Pending | $640,000 |
Aug 4, 2024 Source: MLS United #4049391 | PriceChange | $640,000 Price decreased by 2% |
Apr 25, 2024 Source: MLS United #4049391 | Listed For Sale | $650,000 |
Oct 13, 2023 Source: MLS United #4049391 | ListingRemoved | |
Sep 13, 2023 Source: MLS United #4049391 | Pending | $950,000 |
Jun 14, 2023 Source: MLS United #4049391 | PriceChange | $950,000 Price decreased by 14% |
Jun 4, 2023 Source: MLS United #4049391 | Listed For Sale | $1,100,000 |
Feb 1, 2019 Source: Agent Provided | ListingRemoved | $625 |
Jan 26, 2019 Source: Agent Provided | Listed For Rent | $625 |
Oct 26, 2017 Source: Agent Provided | ListingRemoved | $550 |
Oct 24, 2017 Source: Agent Provided | Listed For Rent | $550 |
Feb 23, 2012 Source: MLS United #1237615 | Sold | -- |
| Year | Property tax | Tax assessment |
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| 2024 | Unavailable | $165,230 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kara S Washington, Legacy Real Estate, (601) 398-2472
Agent Phone: (601) 398-2472
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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Frequently asked questions about 1021 Raymond Rd
- What is the estimated monthly payment for 1021 Raymond Rd?Based on a $1,950,000 list price with 20% down at today's rates, the estimated monthly payment for 1021 Raymond Rd in Jackson, MS is approximately $12,249 (about $10,581 principal & interest, $1,593 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1021 Raymond Rd compare to homes in Jackson?1021 Raymond Rd in Jackson, MS is listed at $1,950,000, about 1270% above the $142K median sale price in Jackson.
- What do residents say about the Citizens Southwest neighborhood?Residents describe the Citizens Southwest neighborhood in Jackson, MS as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Citizens Southwest, Jackson.
- What are the closest schools to 1021 Raymond Rd?The closest schools to 1021 Raymond Rd in Jackson, MS are Bailey Middle APAC (rated 8/10), Jim Hill High School (rated 5/10), Northwest Middle School (rated 9/10).
- Does 1021 Raymond Rd have parking?Yes, 1021 Raymond Rd in Jackson, MS has on-site parking.
- Is there a virtual tour of 1021 Raymond Rd?Yes, a virtual tour of 1021 Raymond Rd in Jackson, MS is available.
1021 Raymond Rd, Jackson, MS 39204 is a 46 bedroom, 46 bathroom, 42,124 sqft multi-family built in 1967. 1021 Raymond Rd is located in Citizens Southwest, Jackson. This property is currently available for sale and was listed by MLS United on Aug 13, 2026. The MLS # for this home is MLS# 4159019.