For sale

$417,000

612 N 3rd St, Belen, NM 87002

4beds

4baths

2,005sqft

$2,862/mo

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Multi Family, Single Family Residence

Built in 1962

-- sqft lot

$-- Zestimate^®

$208/sqft

$-- HOA

What's special

Ample covered parkingMetal roofs

7.% CAP Rate w/3 Units in the HEART of Belen!.. These nurtured properties were remodeled approx. 4+ years ago, complete w/ Metal roofs. The Main home encompasses Approx= 1105 SQ Ft with 2 bed and 1.75 Baths & AMPLE covered parking for this Unit. (This home is under rented, and numbers can be improved .. Currently @ $1150. Per Month). Additionally, there are 2 units to the EAST of the Main Home Approx 450 SQ ft each, one unit brings $925. & the other unit brings in $875. Per Month.PLEASE do NOT disturb the Tenants.. Thank you for Looking!!

575 days
109
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Central, Forced Air, Wall Furnace

Cooling

Varies by Unit, Ceiling Fan(s)

Appliances

Included: Free-Standing Gas Range, Refrigerator
Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit

Features

Ceiling Fan(s)
Flooring: Tile
Has basement: No

Interior area

Total structure area: 2,005
Total interior livable area: 2,005 sqft

Property

Parking

Total spaces: 4

Features

Levels: One
Stories: 1
Exterior features: Landscaping

Lot

Size: 0.28 Acres

Details

Has additional parcels: Yes
Parcel number: 1007028362479000000
Zoning description: R-1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Single Family Residence

Materials

Adobe, Frame, Stucco

Condition

Resale
New construction: No
Year built: 1962

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Features: Storage Facilities

Location

Region: Belen

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $81,489
Annual tax amount: $1,200
Date on market: 3/18/2025
Cumulative days on market: 575 days
Listing terms: Cash,Conventional
Total actual rent: 2950
Tenant pays: Electricity, Gas

Estimated market value

Not available

Estimated sales range

Not available

$1,241/mo

Price history

Date	Event	Price
3/18/2025	Listed for sale	$417,000+317%$208/sqft
Source: SWMLS #1080234 Report a problem
4/1/2020	Sold	--
Source: SWMLS #954861 Report a problem
11/13/2019	Pending sale	$100,000$50/sqft
Source: Keller Williams Realty #954861 Report a problem
10/8/2019	Listed for sale	$100,000$50/sqft
Source: Keller Williams Realty #954861 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$833 -15.5%	$27,163 +3%
2024	$986 +0%	$26,372 +3%
2023	$986 +4.1%	$25,604
2022	$947 +11.9%	$25,604 +7%
2021	$847 +9.3%	$23,931 +3%
2020	$775 +3.4%	$23,234 +3%
2019	$749 +3.2%	$22,557 +2%
2018	$726 +3.9%	$22,112 +3%
2017	$699	$21,468 +6.7%
2016	--	$20,113 +3%
2015	--	$19,528 +6.1%
2013	--	$18,407 -65.7%
2011	$737	$53,613 +6.1%
2010	--	$50,538
2009	--	$50,538 +6%
2008	--	$47,676
2007	--	$47,676 +4.7%
2005	--	$45,543