USANMFarmingtonRoss Subdivision315 N Locke Ave
315NLockeAve-6 | Image 1
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315 N Locke Ave, Farmington, NM

Real Estate

Other

Listed price in listed location currency (USD).
$314,000

030

MLS® 26-203

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $2,467
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 26-203

Property Address: 315 N Locke Ave, Farmington, NM, 87401-5854

Average square foot calculated using Size range provided by listing agent.

Description

Historic front building plus income-producing duplex on one parcel. Properties with this combination rarely come up in Farmington.The front structure is a piece of local history, built more than a century ago and fully modernized over time. This is not a surface refresh. Major systems have been replaced and upgraded, including furnace, electrical, plumbing, windows, stucco, roof, paint, flooring, and bathroom. The result is a solid, functional building that delivers character without deferred maintenance.Until recently, the front building was used as a professional property management office. It functions well as an office, studio, or service-based commercial space and may offer residential potential depending on buyer plans and zoning verification.Behind the historic structure sits a duplex that is currently rented, providing immediate income. This creates multiple strategies for an investor: live work potential, owner occupancy with offsetting income, full investment hold, or future repositioning.One parcel. Two structures. Separate utility and use flexibility. Long-term ownership history. Updated systems. Existing cash flow.This is a rare setup in the Farmington market and well suited for investors who value optionality, stable income, and assets that are hard to replicate.Buyers to verify zoning, permitted uses, and any change-of-use requirements.
MLS® Number26-203
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
DrivewayOff Site Parking, Paved Area
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Feb 20, 2026List Date
$314,000List Price
  • Commute

Commute

Starting Address
Destination Address
315 N Locke Ave, Farmington, NM

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