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For sale
  • $425,000

    208 E Mathews Street, Roswell, NM 88203

    --beds
    --baths
    --sqft
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    Multi Family
    Built in 2025
    -- sqft lot
    $416,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Tranquil pondFull utility hookupsIn-demand modern appliancesFully fenced backyardMultiple storage unitsShared outdoor amenitiesStormwater management system
    High-Growth Investment Opportunity in Roswell’s Expanding Housing Market Rare chance to acquire a fully entitled, income-producing tiny home village on a 25, 000 SF lot with immediate upside and expansion potential. Three completed, rent-ready manufactured homes are already in place, each with full utility hookups and in-demand modern appliances including refrigerator, stove, washer, and dryer—allowing for instant cash flow from day one. The property is designed for scalability, with ample space to add additional units and significantly increase rental income. A fully fenced backyard creates a controlled, community-style environment featuring shared outdoor amenities, including a tranquil pond that also serves as a stormwater management system—reducing future infrastructure costs. A 40-foot shipping container is included and can be subdivided into multiple storage units, providing an additional revenue stream or tenant storage solution. With infrastructure already in place, minimal startup costs, and strong demand for affordable housing, this property is perfect for investors seeking high yield, rapid expansion, and long-term appreciation in one of Roswell’s fastest-growing markets. Current rent is $1250.00 plus utilities
    164 days
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    105
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lana Reese,

    Exp Realty, LLC 505-554-3873

    Source: eXp Realty,MLS#: 20260514

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      Facts & features

      Interior

      Appliances
      • Included: Dryer, Free-Standing Range, Refrigerator, Washer
      Features
      • Has fireplace: No

      Property

      Lot
      • Size: 0.58 Acres
      Details
      • Parcel number: 4136062095357000000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 2025

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Roswell

      Financial & listing details

      • Annual tax amount: $31
      • Price range: $425K - $425K
      • Date on market: 1/28/2026
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $416,000

        $395,000 - $437,000

        $1,310/mo

        Price history

        DateEventPrice
        1/28/2026Listed for sale$425,000-5.6%
        Source: New Mexico MLS #20260514 Report a problem
        1/15/2026Listing removed$450,000
        Source: New Mexico MLS #20256376 Report a problem
        11/7/2025Listed for sale$450,000
        Source: New Mexico MLS #20256376 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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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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        Climate risks

        Neighborhood: 88203

        Getting around

        66 / 100
        Somewhat Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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