For sale

$225,000

1300 Lovers Ln, Alamogordo, NM 88310

5beds

5baths

2,296sqft

$1,534/mo

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Multi Family

Built in 1955

-- sqft lot

$-- Zestimate^®

$98/sqft

$-- HOA

What's special

Corner lot

Excellent investment opportunity! This centrally located 5-unit multifamily property situated on a corner lot, offering convenience, and steady income potential. All five units are currently leased and have a strong history of long-term rentals, providing an established income stream for the new owner. Conveniently located, this property offers an attractive opportunity for investors looking to expand their portfolio or secure a reliable income-producing property. Call for your private showing!

32 days
438
24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5

Heating

Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Refrigerator, Free-Standing Range/Oven

Features

Flooring: Tile, Hardwood

Interior area

Total structure area: 2,296
Total interior livable area: 2,296 sqft

Property

Parking

Parking features: No Carport, No Garage

Features

Levels: One
Stories: 1

Lot

Size: 10,780 Square Feet
Dimensions: 77 x 140
Features: Desert Front, Corner Lot, <1/2 Acre

Details

Parcel number: R020406
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding, Wood
Roof: Shingle

Condition

Year built: 1955

Utilities & green energy

Electric: Public
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Alamogordo

Financial & listing details

Price per square foot: $98/sqft
Tax assessed value: $138,619
Annual tax amount: $1,179
Price range: $225K - $225K
Date on market: 9/4/2026
Listing terms: Conventional,Cash
Total actual rent: 2445

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/4/2026	Listed for sale	$225,000$98/sqft
Source: OCMLS #173246 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,179 +3.5%	$46,207 +3%
2024	$1,139 +1.2%	$44,861 +3%
2023	$1,126 +2.3%	$43,554 +3%
2022	$1,101 -1.9%	$42,286 +0.2%
2021	$1,123 +1%	$42,208
2020	$1,112 +1.4%	$42,208 +2%
2019	$1,097 +1.7%	$41,380
2018	$1,078 +8.7%	$41,380 +2%
2017	$992 +2.8%	$40,568 +2%
2016	$965	$39,773 +2%
2015	--	$38,993