Income Producing Multi-Family
4882 S Mcraven Road Jackson, MS 39204
4882 S Mcraven Road, Jackson, MS, 39204
$700,000
For Sale
$700,000
MULTI_FAMILY - Jackson, MS
Property Size3,997 SF
Lot Size0.86 Acres
Price / SF$175.13
Days on Market54
Property Features for 4882 S Mcraven Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 12
- Rooms
- Bedroom 2, Bedroom 4, Bedroom 11, Bedroom 8, Bathroom 1, Bedroom 7, Bathroom 16, Bathroom 7, Bedroom 12, Bathroom 12, Bathroom 2, Bathroom 9, Bedroom 9, Bathroom 10, Bathroom 15, Bedroom 3, Bedroom 15, Bathroom 13, Bathroom 5, Bedroom 1, Bathroom 14, Bathroom 8, Bedroom 14, Bedroom 13, Bedroom 10, Bedroom 6, Bedroom 16, Bathroom 6, Bathroom 4, Bathroom 11, Bathroom 3, Bedroom 5
- Standard status
- Active
- APN
- 825-450
- Size
- 3,997 SF
- Lot size
- 0.86 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEG 71.79 FT E INT W/L LOT 1 CRAIGMORE PLACE & N/L MCRAVEN RD N 101.84 FT E 102.24 FT SE 193.45 FT S 78.92 FT SELY 42.63 FT W 319.62 FT TO POB BEING PT LOT 1 & 2 CRAIGMORE PLACE
- Tax Annual Amount
- 3359
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 2
- Number of units
- 8
- Roof type
- Shingle
Listing Agency
Nix-Tann & Associates, Inc.
(601) 982-7918
1776 Lelia Drive, Jackson, MS
Listed by
Mike Hoffman · License #S22757
(601) 214-7714
Added: May 27 Checked: Jul 19 at 9:06 pm
MLS# 4150727
Listing URL
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing multi-family property, located in Jackson, Mississippi, features a gross rental income of $6,910 per month. The property includes eight apartments, consisting of two 4-plexes. Each apartment is a townhouse-style unit with 2 bedrooms and 1.5 bathrooms. Tenants are responsible for all utilities. The roofs are two years old. The property size is 3,997 square feet and sits on a 0.86-acre lot.
Key Highlights
- Income‑producing multifamily built in 1983 with gross rental income of $6,910 per month
- 8 apartments total: two 4‑plexes, with each unit offering 2BR and 1.5BA (THSE)
- Tenants pay all utilities
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.0k | $12.00 |
| − Vacancy | −$3.3k | −$0.82 |
| EGI | $44.7k | $11.18 |
| − OpEx | −$20.1k | −$5.03 |
| NOI | $24.6k | $6.15 |
3,997 SF · lease $12.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$351.2K
$307.3K – $409.8K
NOI $24,586 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$684.9K
$599.3K – $799.1K
NOI $47,945 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Multi-family property with $6,910 gross monthly income in Jackson.
Where is this apartment building located?
The property is located at 4882 S Mcraven Road Jackson, MS.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Income‑producing multifamily built in 1983 with gross rental income of $6,910 per month; 8 apartments total: two 4‑plexes, with each unit offering 2BR and 1.5BA (THSE); Tenants pay all utilities
