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701 Lava, Milan, NM 87021

Milan
Local realty services provided by:CENTURY 21 Champions, Inc.
701 Lava,Milan, NM 87021
$139,000
  • 5 Beds
  • 3 Baths
  • 1,922 sq. ft.
  • Multi-family
  • Active
Listed by: anna t carabajal
Office: realty one of new mexico
MLS#:1084438
Source:NM_SWMLS

Price summary

  • Price:$139,000
  • Price per sq. ft.:$72.32

About this home

This versatile duplex in Milan, New Mexico, presents a fantastic investment opportunity with two distinct units. The first unit features 3 bedrooms and 2 baths, while the second offers 2 bedrooms and 1 bath. In addition, the property includes a spacious lot, ideal for parking a manufactured home to add another income-generating unit.Each unit is equipped with separate electric and gas meters, ensuring independent utilities for tenants. Both units currently have long-term renters in place, providing steady income. Swamp coolers offer efficient cooling, while the durable metal roof enhances the property's longevity.

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Home facts

  • Year built:1977
  • Subdivision & Development:N/A
  • Listing ID #:1084438
  • Added:435 day(s) ago
  • Updated:July 29, 2026 at 02:42 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Flooring:Carpet, Tile
  • Kitchen Description:Refrigerator
  • Living area:1,922 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Central, Forced Air

Structure and exterior

  • Year built:1977
  • Building area:1,922 sq. ft.
  • Lot area:0.38 Acres
  • Construction Materials:Frame, Stucco
  • Levels:1 Story

Utilities

  • Water:Water Connected

Finances and disclosures

  • Price:$139,000
  • Price per sq. ft.:$72.32
  • Tax amount:$584

Features and amenities

  • Appliances:Refrigerator

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