Back to Search
Income Producing Multi-Family Property

4882 S Mcraven Road Jackson, MS 39204

4882 S Mcraven Road, Jackson, MS, 39204
$700,000
For Sale
Claim this Listing
$700,000

MULTI_FAMILY - Jackson, MS

Property Size3,997 SF
Lot Size0.86 Acres
Price / SF$175.13
AddedMay 27
Days on Market50
Last RefreshJul 15 at 11:06 am

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 agent Mike Hoffman License #S22757

Listing office Nix-Tann & Associates, Inc. 1776 Lelia Drive, Jackson, MS

Listing date May 27, 2026

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 (±1% cap)
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 (±1% cap)
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

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Electrical Service Cafe & Coffee Shop Carpet & Flooring Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message