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Listed price in listed location currency (USD).
$320,000

000

MLS® 202600425

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 15
Lot Size 0.18 acres
Approx. Age 1941
MLS® Number 202600425

Property Address: 1231 5th St, Las Vegas, NM, 87701-4336

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

Description

Rare opportunity to own a versatile income-producing property featuring two homes on a single lot. Perfectly suited for a savvy investor, this property offers an immediate and reliable cash flow with long-term tenants already in place who boast a stable and proven rental history. The primary residence and secondary unit combined offer approximately 1, 500 sq. Ft. Of living space situated on a spacious 7, 754 sq. Ft. Lot. Nestled in a quiet, well-established neighborhood, the property provides a serene setting that feels like a rural retreat while maintaining city convenience. Residents are within walking distance to local shops, restaurants, and the scenic Gallinas River and walking trails. Located near New Mexico Highlands University, this property is strategically positioned for consistent demand. With a strong tax assessment history and steady value growth, this is a "set-it-and-forget-it" addition to any real estate portfolio. Whether you are looking for a reliable rental stream or a multi-generational living setup, this property is a must see.
MLS® Number202600425
Laundry Level
Central VacNo
FireplaceNo
Acreage0.18
Exterior
GarageNo
Approx. Age1941
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 4, 2026List Date
$320,000List Price
  • Commute

Commute

Starting Address
Destination Address
1231 5 Th St, Las Vegas, NM

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