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1231 5th Street, Las Vegas, NM 87701

Las Vegas
Local realty services provided by:CENTURY 21 Champions, Inc.
1231 5th Street,Las Vegas, NM 87701
$320,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: geneva ashley riggs
Office: homesmart realty pros
MLS#:1099154
Source:NM_SWMLS

Price summary

  • Price:$320,000

About this home

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.

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Home facts

  • Year built:1941
  • Listing ID #:1099154
  • Added:1 day(s) ago
  • Updated:March 03, 2026 at 05:40 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Carpet, Tile, Wood
  • Kitchen Description:Dishwasher, Microwave, Refrigerator

Heating and cooling

  • Cooling:Ceiling Fan
  • Heating:Electric, Wall Furnace

Structure and exterior

  • Year built:1941
  • Lot area:0.18 Acres
  • Construction Materials:Block, Brick, Frame
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$320,000
  • Tax amount:$2,234

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer

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