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23-Unit Apartment Building
New
For Sale
$795,000

1115 Raymond Road, Jackson, MS 39204

Exterior improvements are complete, with interior renovations remaining for the next ownership phase.

Property SizeContact for details
Days on Market4

Property Features for 1115 Raymond Road

General Information

Standard status Active
Property subtype Res Income Multi-fam

Additional Details

Road Access Yes
Multifamily Units 23
Listing Agency: Legacy Real Estate
Listed By: Kara S Washington · License #B22997
Source: Insightgroupms
Added: Aug 30 Changed: Aug 31 Last Checked: Sep 2 at 3:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate

Investment Insights

Based on property information with market context.

The property is a 23-unit apartment building with several major exterior projects already completed. Improvements include a newer roof, fresh exterior paint, and structural upgrades. Remaining work is concentrated on interior renovations, providing a defined scope for continued property improvement.

Located on Raymond Road in Jackson, Mississippi, the property offers access to shopping, employment centers, and major transportation routes. Its position along the Raymond Road corridor supports convenient connectivity within the surrounding area.

Key Highlights

  • 23‑unit multifamily property at 1115 Raymond Road in Jackson, MS
  • Newer roof has been installed
  • Exterior painting has been completed

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby

Demographics for 39204, MS

15,433
Population
7,613
Households
2
Avg Household Size
33
Median Age
16%
College-Educated
78%
High-School Grad
9.4 sq mi
ZIP Area
1,642
Density / Sq Mi
$31,667
Median Household Income
$23,862
Median Earnings
$890
Median Rent
$68,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Exterior improvements are complete, with interior renovations remaining for the next ownership phase.
Where is this apartment building located?
The property is located at 1115 Raymond Road Jackson, MS.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 23‑unit multifamily property at 1115 Raymond Road in Jackson, MS; Newer roof has been installed; Exterior painting has been completed
More about this property
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