Flexible live-plus-income or investment property with three structures totaling approximately 2,000 sq ft. Ideal for an owner who wants to occupy one unit while generating rental income from the others, or for an investor seeking multi-unit cash flow. The compound layout offers separate living spaces with their own access, making it well-suited for multigenerational living, student or staff housing, or long-term rentals. Features include hardwood floors, covered porch areas, separate yard space, and a practical gravel driveway with room for parking and outdoor use. Located in an established Las Vegas neighborhood with convenient access to local amenities, schools, and New Mexico Highlands University, this property presents strong rental demand and solid investment potential. Perfect for buyers looking for both personal use and income-producing flexibility.
For sale
$405,000
1323 4th St, Las Vegas, NM 87701
5beds
2,000sqft
Single Family Residence
Built in 1940
0.25 Acres Lot
$390,200 Zestimate®
$203/sqft
$-- HOA
What's special
Covered porch areasSeparate yard spaceHardwood floors
- 14 days
- 265
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Raedawn Price 505-570-9555,
Oso Elite Realty 505-477-0400
Source: New Mexico MLS,MLS#: 26002061
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 5
Heating
- Wall Furnace
Features
- Flooring: Carpet, Hardwood
- Has basement: Yes
- Has fireplace: No
- Fireplace features: Living Room
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 2,000
Property
Features
- Fencing: Back Yard
Lot
- Size: 0.25 Acres
- Topography: Back Yard
- Residential vegetation: Native/Natural
Details
- Parcel number: R0094670
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
Condition
- Year built: 1940
Utilities & green energy
- Water: Water - City
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $177,105
- Annual tax amount: $1,328
- Date on market: 10/29/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Inclusions: Free-Standing Range, Refrigerator
- Electric utility on property: Yes
Estimated market value
$390,200
$371,000 - $410,000
$1,949/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $405,000$203/sqft |
Source:  New Mexico MLS #26002061 Report a problem | ||
| 10/22/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/24/2026 | Listed for sale | $405,000+125%$203/sqft |
Source: Owner Report a problem | ||
| 2/16/2023 | Sold | -- |
Source: New Mexico MLS #20221274 Report a problem | ||
| 12/4/2022 | Listed for sale | $180,000$90/sqft |
Source: New Mexico MLS #20221274 Report a problem | ||
| 11/12/2022 | Listing removed | $180,000$90/sqft |
Source: New Mexico MLS #20221274 Report a problem | ||
| 10/25/2022 | Price change | $180,000-2.7%$90/sqft |
Source: New Mexico MLS #20221274 Report a problem | ||
| 8/29/2022 | Price change | $185,000-7%$93/sqft |
Source: New Mexico MLS #20221274 Report a problem | ||
| 5/16/2022 | Listed for sale | $199,000$100/sqft |
Source:  SFARMLS #202200732 Report a problem | ||
| 4/21/2022 | Pending sale | $199,000$100/sqft |
Source: SFARMLS #202200732 Report a problem | ||
| 4/21/2022 | Contingent | $199,000$100/sqft |
Source: New Mexico MLS #20221274 Report a problem | ||
| 3/10/2022 | Listed for sale | $199,000+17.8%$100/sqft |
Source: New Mexico MLS #20221274 Report a problem | ||
| 12/8/2020 | Listing removed | $169,000$85/sqft |
Source: HOME & LAND PROFESSIONALS #20204983 Report a problem | ||
| 11/4/2020 | Listed for sale | $169,000-3.2%$85/sqft |
Source: HOME & LAND PROFESSIONALS #20204983 Report a problem | ||
| 5/30/2020 | Listing removed | $174,500$87/sqft |
Source: HOME & LAND PROFESSIONALS #20192895 Report a problem | ||
| 6/21/2019 | Listed for sale | $174,500$87/sqft |
Source: HOME & LAND PROFESSIONALS #20192895 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,703 -4.2% | $59,035 -2.2% |
| 2024 | $1,777 -1.1% | $60,372 -0.2% |
| 2023 | $1,797 +4.5% | $60,494 +3% |
| 2022 | $1,720 +3.9% | $58,732 +3% |
| 2021 | $1,656 +7.4% | $57,021 +6.1% |
| 2018 | $1,542 +7.1% | $53,748 +3% |
| 2017 | $1,439 +4.4% | $52,183 +9.3% |
| 2013 | $1,379 +6.6% | $47,750 +6.1% |
| 2011 | $1,293 | $45,006 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87701
Nearby schools
Schools provided by the listing agent
- Middle: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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