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    1016 Rencher St Clovis, NM 88101

    For Sale
    $119,900

    Multi Unit 2-4 - Clovis, NM

    Property size:
    1,978 SF
    Lot size:
    0.16 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1016 Rencher St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    121101114013800
    Size
    1,978 SF
    Lot size
    0.16 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Number of units
    2
    Building materials
    Stucco
    Architectural style
    Other

    Southwest Real Estate (575) 762-7801 [email protected]

    Listing agent Illeana Griego (575) 762-7801

    Listing date Aug 5, 2025

    MLS# 20253488 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Clovis Multi-Unit Investment Opportunity

    This property features two homes situated on a single lot, presenting an opportunity for investors or those interested in house-hacking. The combined rental income for both houses is currently $1150 per month, with potential for increased revenue. Recent improvements include updated stucco and a new roof. The property, located in Clovis, New Mexico, offers 1978 square feet of living space on a 0.1607-acre lot. It is located in Curry County, with a postal code of 88101. The configuration allows for living in one unit while renting out the other, or renting both units for income generation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.209486
    Latitude
    34.408541

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    FAQs

    What type of property is this?
    Duplex - Two homes on one lot, ideal for investors or owner-occupiers.
    Where is this duplex located?
    The property is located at 1016 Rencher St Clovis, NM.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Two homes on one lot offer significant income potential.; - Current rental income of $1150 per month with potential for increase.; - Ideal for investors or house-hacking strategies.
    (575) 762-7801
    Request Owner's contact information
    1016 Rencher St Clovis, NM 88101
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    Clovis, NM 88101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1016 Rencher St Clovis, NM 88101
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