Sold

Price Unknown

520 NE 1st St, Carlsbad, NM 88220

--beds

--baths

--sqft

Single Family Residence

Built in 2024

10,018 Square Feet Lot

$1,108,400 Zestimate^®

$--/sqft

$1,926 Estimated rent

Home value

$1,108,400

Estimated sales range

Not available

$1,926/mo

Zestimate^® history

Owner options

List your home for rent

$1,926/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,926/mo

Rent Zestimate^®

Refinance and save

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Excellent multi-family investment potential exists at the newer constructed 4 plex unit, currently functioning as a highly in demand, short term rental. In each unit of this impressive property are 3 bedrooms, 2 bathrooms, laundry facilities and tasteful furnishings, creating desirability in each unit. Modern, high-end fixtures finish out each unit nicely. Recorded high occupancy rates and documented rental income make this property appealing. The listing price indicates a 10% CAP rate. Explore this investment opportunity today!

Facts & features

Interior

Heating

Electric, Forced Air

Features

Ceiling Fan(s)
Flooring: Vinyl
Has fireplace: No

Property

Features

Stories: 1
Frontage length: 70.9

Lot

Size: 10,018 Square Feet
Dimensions: 70.9x140.0

Details

Parcel number: 4156127250062

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Stucco
Roof: Pitched

Condition

Year built: 2024

Utilities & green energy

Utilities for property: Cable Connected, Electricity Connected, Sewer Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Carlsbad

Financial & listing details

Tax assessed value: $536,035
Annual tax amount: $9,832
Date on market: 10/9/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: Dishwasher, Dryer, Electric Water Heater, Free-Standing Range, Microwave, Refrigerator, Washer
Electric utility on property: Yes

Price history

Date	Event	Price
1/5/2026	Sold	--
Source: New Mexico MLS #20255865 Report a problem
10/9/2025	Pending sale	$1,200,000
Source: New Mexico MLS #20255865 Report a problem
10/9/2025	Listed for sale	$1,200,000
Source: New Mexico MLS #20255865 Report a problem
10/9/2025	Listing removed	$1,200,000
Source: New Mexico MLS #20255733 Report a problem
10/2/2025	Listed for sale	$1,200,000
Source: New Mexico MLS #20255733 Report a problem