Fantastic investment opportunity! This multi-family property features two separate homes on one lot. The front house offers 2 bedrooms and 1 bathroom, while the back house includes 1 bedroom and 1 bathroom, perfect for rental income, extended family, or guests. Both units are finished with low-maintenance laminate and tile flooring throughout. With versatile living options and strong income potential, this property is a must-see for investors or those seeking a multi-generational living setup!
For sale
$150,000
1307 8th St, Alamogordo, NM 88310
3beds
2baths
1,502sqft
Investment Property Leased
Built in 1959
6,969 Square Feet Lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
- 272 days |
- 198 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Kanda Serrano 575-308-1856,
NM PREMIER REAL ESTATE, LLC 575-437-9927,
Danny Serrano,
NM PREMIER REAL ESTATE, LLC
Source: OCMLS,MLS#: 171672
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Bathroom
- Features: Tub and Shower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Free-Standing Range/Oven
Features
- Ceiling Fan(s)
- Flooring: Tile
Interior area
- Total structure area: 1,502
- Total interior livable area: 1,502 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch Covered
- Fencing: Wood
Lot
- Size: 6,969 Square Feet
- Features: <1/2 Acre
Details
- Parcel number: R012372
- Zoning description: Multi-Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Investment Property Leased
Materials
- Wood Siding, Wood
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1959
Utilities & green energy
- Electric: Public
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Alamogordo
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $45,147
- Annual tax amount: $384
- Price range: $150K - $150K
- Date on market: 9/30/2025
- Listing terms: Conventional,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Listed for sale | $150,000$100/sqft |
Source:  OCMLS #171672 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $384 +3.5% | $15,049 +3% |
| 2024 | $371 +1.2% | $14,611 +3% |
| 2023 | $367 +2.3% | $14,185 +3% |
| 2022 | $358 +0.8% | $13,772 +3% |
| 2021 | $356 +1% | $13,371 |
| 2020 | $352 +1.4% | $13,371 +2% |
| 2019 | $348 +2.8% | $13,110 +1% |
| 2018 | $338 +8.6% | $12,979 +2% |
| 2017 | $311 -3.4% | $12,725 -2.5% |
| 2016 | $322 | $13,053 +2% |
| 2015 | -- | $12,798 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88310
Nearby schools
GreatSchools rating
- 4/10Sunset Hills ElementaryGrades: K-5Distance: 0.7 mi
- 5/10Mountain View Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Alamogordo High SchoolGrades: 9-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Mexico
- Otero County
- Alamogordo
- 88310
- 1307 8th St
Nearby cities
Nearby zip codes
Other Alamogordo Topics
