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Two-Duplex Multifamily Property
For Sale
$395,000

101 Lynx Ave, Cloudcroft, NM 88317

RESIDENTIAL, Cloudcroft, NM

Property Size1,760 SF
Lot Size0.12 Acres
Price / SF$224.43
Days on Market89

Property Features for 101 Lynx Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description MULTI-FAMILY
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 5, Bedroom 2, Bathroom 4
Interior features FLOORING, FIREPLC, LIV RM, EAT IN KITCHEN, WNDO CVRNGS T/O, TILE FLOORING, Fireplace, wood burning, Flooring, Laminate
Exterior features Corner Lot, BASKETBALL CRT-COMMUNITY, TENNIS CRT-COMMUNITY, PLAYGROUND-COMMUNITY
Fireplace 1
Appliances CEILING FAN, DRYER CONN, ELEC, DRYER, GAS GRILL, MICROWAVE, REFRIGERATOR, RNG/OVN, FREESTD, WASHER, WATER HTR, GAS
Subdivision Cloudcroft
Directions On the corner of Lynx Avenue and Grand Avenue.
Standard status Active
APN R035158
Size 1,760 SF
Lot size 0.12 Acres

Utilities

Utilities Propane
Heating system Wood, Wall Furnace
Cooling system None (Cooling)

Building Details

Year built 1950
Floors in Building 1
Building materials WOOD
Roof type Metal
Listing Agency: Cloudcroft Properties
Listed By: MEREDITH SHEPHERD
Added: Jun 24 Changed: Sep 14 Last Checked: Sep 20 at 1:06AM
MLS# 172830

Copyright © 2026 Otero County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 101 Lynx Ave in Cloudcroft, this multifamily property includes two duplexes with a combined five bedrooms and five bathrooms across 1,760 square feet. The 1950-built wood-frame property features wood-burning fireplaces, laminate and tile flooring, eat-in kitchens, washers and dryers, refrigerators, ranges, microwaves, propane service, and metal roofing. Cooling is not provided.

The 0.115-acre corner lot is near town and includes access to community basketball and tennis courts and a playground. The property has a history of short-term rental use and offers a configuration suited to continued short-term rentals or longer-term occupancy. A buyer may also use one unit while operating the remaining units as rentals, subject to applicable requirements.

Key Highlights

  • Two duplexes totaling 5 bedrooms and 5 bathrooms
  • 1,760 square feet on a 0.115‑acre corner lot
  • Built in 1950 with wood construction and a metal roof

Property Analytics

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Current Use

Duplexes

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 88317, NM

1,953
Population
2,983
Households
0.7
Avg Household Size
55
Median Age
28%
College-Educated
98%
High-School Grad
272.6 sq mi
ZIP Area
7
Density / Sq Mi
$72,083
Median Household Income
$42,197
Median Earnings
$922
Median Rent
$206,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot property with flexible rental use, wood-burning fireplaces, and convenient access to town.
Where is this duplex located?
The property is located at 101 Lynx Ave Cloudcroft, NM.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two duplexes totaling 5 bedrooms and 5 bathrooms; 1,760 square feet on a 0.115‑acre corner lot; Built in 1950 with wood construction and a metal roof
More about this property
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