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C-1 Zoned Duplex
For Sale
$650,000

102-104 Nathan Court, Los Lunas, NM 87031

ResidentialIncome, Los Lunas, NM

Property Size1,846 SF
Lot Size4.60 Acres
Price / SF$352.11
Days on Market298

Property Features for 102-104 Nathan Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning C-1
Zoning description C1
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Interior features NoInteriorSteps
Directions I25 South towards Los Lunas. Take Exit 215 onto Highway 47. Left on Lujan, right on Nathan to property.
Standard status Active
APN 1 011 038 175 190 000000
Size 1,846 SF
Lot size 4.60 Acres

Taxes and HOA fees

Tax Description Subd Land Of Titus Wingerd Tract 2C2a 4.61 Ac Map 72 2008 Rev B-5-26
Legal Description Subd Land Of Titus Wingerd Tract 2C2a 4.61 Ac Map 72 2008 Rev B-5-26

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 2008
Floors in Building 1
Number of units 2
Architectural style Other
Listing Agency: Real Broker LLC
Listed By: Jeremiah Collins · License #16694
Added: Nov 20, 2025 Changed: Sep 13 Last Checked: Sep 14 at 12:06PM
MLS# 202505159

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. 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.

Built in 2008, this 1,846-square-foot duplex includes four bedrooms and two bathrooms, with one bedroom and one bathroom associated with each unit. The property has no interior steps and is served by public water and public sewer. Heating is provided by forced air using natural gas.

Zoned C-1 Commercial, the property supports continued multifamily operation or consideration for office and retail conversion, subject to applicable approvals. The site is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and restaurants located within a half-mile. Its Los Lunas setting combines an existing income-producing configuration with commercial land-use flexibility.

Key Highlights

  • C‑1 Commercial zoning
  • 1,846 square feet with four bedrooms and two bathrooms
  • Built in 2008

Property Analytics

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Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 87031, NM

45,208
Population
16,917
Households
2.7
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
255.5 sq mi
ZIP Area
177
Density / Sq Mi
$61,947
Median Household Income
$34,167
Median Earnings
$1,083
Median Rent
$206,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Two-unit property with public utilities, natural-gas forced-air heating, and commercial zoning for flexible use potential.
Where is this duplex located?
The property is located at 102-104 Nathan Court Los Lunas, NM.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: C‑1 Commercial zoning; 1,846 square feet with four bedrooms and two bathrooms; Built in 2008
More about this property
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