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.
South West Jackson, located between Interstate 20 and the Pearl River, is a residential and industrial Jackson neighborhood with rail corridors and wide arterial roads. The neighborhood’s character concentrates around the Medgar Evers Boulevard corridor near Raymond Road, where auto shops, corner markets, and long-running eateries set a working-day rhythm. Jackson State University anchors nearby cultural life with performances and campus events that ripple into surrounding blocks. The Mississippi Civil Rights Museum and the Two Mississippi Museums add a strong civic layer a short drive away. Housing trends toward modest single-story homes and small apartment communities, with pockets of older brick buildings. Parks and river-adjacent green space shape the landscape at the edges.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Total of 23 bathrooms
Bathrooms
23 full bathrooms
Exterior features
Wrought iron fencing with gate
Asphalt shingle roof
Home design
Multi-family property
Two levels
Parking
Parking lot
Construction
Brick construction
Slab foundation
Building area approximately 11,304
Utilities
Public water
Public sewer
Cable available
Electricity available
Financial info
23 total units
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of this district is to provide for high density residential uses and structures and certain commercial uses generally compatible with high density residential development. It is the intent of this Ordinance that these districts be carefully located only in areas where the infrastructure of the City (i.e., the street/highway system, storm drainage and water and sanitary sewer systems) is adequate to serve such higher density housing.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Bed & breakfast
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 19 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Jackson, MS • 39204
Average low and high temperatures (°F)
55
35
66
44
76
53
81
60
82
65
88
72
92
75
93
73
87
69
82
58
72
52
62
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.1 hrs
7.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1115 Raymond Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More