For sale

Price cut: $25K (6/29)

$185,000

1302 Michigan Ave, Alamogordo, NM 88310

3beds

3baths

1,768sqft

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Multi Family

Built in 1955

-- sqft lot

$181,400 Zestimate^®

$105/sqft

$-- HOA

What's special

This wonderful income property is an great opportunity for any investor to build their portfolio, or even just get started. Two of the three units are currently rented at the time of this listing, with the third (house in back) needing some TLC. Just minutes away from downtown Alamogordo, shopping, physicians offices, schools and a short drive to Holloman, call and make an appointment to see this great investment opportunity today!

54 days

246

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Natural Gas

Cooling

Window Unit(s)

Features

Flooring: Concrete

Interior area

Total structure area: 1,768
Total interior livable area: 1,768 sqft

Property

Parking

Parking features: No Carport, No Garage

Features

Patio & porch: Patio, Covered
Fencing: Chain Link

Lot

Size: 3,833 Square Feet
Dimensions: 0.088 acres
Features: Desert Front, Desert Back, <1/2 Acre

Details

Parcel number: R011192
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco, 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: $105/sqft
Tax assessed value: $85,537
Annual tax amount: $728
Price range: $185K - $185K
Date on market: 5/11/2026
Listing terms: Conventional,Cash

Estimated market value

$181,400

$172,000 - $190,000

$967/mo

Price history

Date	Event	Price
6/29/2026	Price change	$185,000-11.9%$105/sqft
Source: OCMLS #172589 Report a problem
5/11/2026	Listed for sale	$210,000$119/sqft
Source: OCMLS #172589 Report a problem
7/13/2019	Listing removed	$400
Source: Triple R Realty, LLC DBA Welcome Home Realty Report a problem
7/5/2019	Listed for rent	$400
Source: Triple R Realty, LLC DBA Welcome Home Realty Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$728 +3.5%	$28,512 +3%
2024	$703 +1.2%	$27,682 +3%
2023	$695 +2.3%	$26,876 +3%
2022	$679 +0.8%	$26,093 +3%
2021	$674 +1%	$25,333
2020	$667 -16.9%	$25,333 -16.4%
2019	$803 +2.8%	$30,299 +1%
2018	$782 +6.5%	$29,999
2017	$734 +2.8%	$29,999 +2%
2016	$714	$29,411 +2%
2015	--	$28,835

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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