Multi-family investment opportunity on a fully fenced 1-acre property offering income potential and room to grow. The property is tucked away in a peaceful area south of town and features a 4 bed, 2 bath manufactured home fully furnished with a deck that leads to an enclosed hot tub room. Two detached fully furnished units (built in 2024) each 850 sq ft, 2 bed, 1 bath that are currently active Airbnb rentals. The property is well equipped for residential living and operational flexibility with a 4 car garage, large metal shop, separate storage building, a charming enclosed garden and an outdoor play/hangout area for guests to enjoy. Two additional units that will be ADA accessible are underway (framing and walls only) offering a valuable opportunity to increase rental income and customize the additional living spaces.
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120
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Zillow last checked:
Listing updated:
Listed by:
Taylor Coy575-706-4485,
Century 21 Dunagan Associates575-234-1516
Source: New Mexico MLS,MLS#: 20262144
Facts & features
Interior
Heating
Electric, Forced Air
Features
Flooring: Laminate, Tile
Has fireplace: No
Interior area
Total structure area: 2,336
Total interior livable area: 2,336 sqft
Property
Features
Stories: 1
Patio & porch: Covered
Exterior features: Covered, Deck
Fencing: Cross Fenced,Fence
Lot
Size: 1 Acres
Topography: Cross Fenced, Fence
Details
Additional structures: Workshop
Parcel number: 4157134381525
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Frame, Siding
Roof: Metal,Pitched
Condition
Year built: 1997
Utilities & green energy
Utilities for property: Electricity Connected
Community & HOA
HOA
Has HOA: No
Location
Region: Carlsbad
Financial & listing details
Price per square foot: $321/sqft
Annual tax amount: $4,990
Date on market: 4/14/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,VA Loan
Inclusions: Dryer, Electric Water Heater, Free-Standing Range, Microwave, Refrigerator, Washer, Water Softener
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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