Well-maintained duplex offering solid tenant income and excellent potential for growth! Zoned C-1 Commercial, this property provides flexible opportunities -- continue operating it as a multi-family rental or convert it into office or retail space while developing the land. The existing structure sits on approximately 4.61 acres, allowing for future development of any use permitted by zoning.Located in a thriving commercial area, the property is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants all within a half-mile radius. 8'' water and sewer line close to, or at property line, 3-Phase power in area. This is a rare opportunity ideal for investors, developers,looking to generate income today while planning for tomorrow's expansion.
Pending
$650,000
102-104 Nathan Rd, Los Lunas, NM 87031
4beds
2baths
1,846sqft
Duplex, Multi Family
Built in 2008
-- sqft lot
$609,800 Zestimate®
$352/sqft
$-- HOA
What's special
Well-maintained duplex
- 274 days |
- 76 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Jeremiah D. Collins 505-710-5478,
Real Broker, LLC 505-557-4976
Source: SWMLS,MLS#: 1094429
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
Features
- Flooring: Carpet, Vinyl
- Has basement: No
Interior area
- Total structure area: 1,846
- Total interior livable area: 1,846 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 4.61 Acres
Details
- Parcel number: 1011038175190000000
- Zoning description: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Condition
- Resale
- New construction: No
- Year built: 2008
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Land Of Titus Wingerd
Location
- Region: Los Lunas
Financial & listing details
- Price per square foot: $352/sqft
- Annual tax amount: $1,666
- Date on market: 11/13/2025
- Cumulative days on market: 275 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Total actual rent: 2300
- Tenant pays: Other, See Remarks
Estimated market value
$609,800
$579,000 - $640,000
$1,462/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2026 | Pending sale | $650,000$352/sqft |
Source:  SWMLS #1094429 Report a problem | ||
| 4/17/2026 | Price change | $650,000-13.3%$352/sqft |
Source: SWMLS #1094429 Report a problem | ||
| 3/13/2026 | Price change | $750,000-3.2%$406/sqft |
Source: SWMLS #1094429 Report a problem | ||
| 2/10/2026 | Price change | $775,000-20.5%$420/sqft |
Source: SWMLS #1094429 Report a problem | ||
| 11/13/2025 | Listed for sale | $975,000$528/sqft |
Source: SWMLS #1094429 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87031
Nearby schools
GreatSchools rating
- 4/10Valencia Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 5/10Valencia Middle SchoolGrades: 7-8Distance: 5.1 mi
- 3/10Valencia High SchoolGrades: 9-12Distance: 5.4 mi
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- $99,3160.57 acres104 Lujan Rd, Los Lunas, NM 87031Off Market
- $87,1200.5 acres106 Lujan Rd, Los Lunas, NM 87031Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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