Duplex on Commercial Zoned
For Sale
$650,000
102-104 Nathan Court, Los Lunas, NM 87031
MULTI_FAMILY - Other - Los Lunas, NM
Property Size1,846 SF
Lot Size4.60 Acres
Price / SF$352.11
Days on Market252
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 4, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2
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
(505) 557-4976
Listed By:
Jeremiah Collins · License #16694
(505) 710-5478
Added: Nov 20, 2025
Changed: Jul 25
Last Checked: Jul 30 at 5:06PM
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.
This well-maintained duplex includes two units under one roof at 102-104 Nathan Court in Los Lunas, NM. The property is zoned C-1 and sits on approximately 4.6 acres, with room for future development consistent with zoning requirements.
The site is positioned in a commercial area and is bordered by Tractor Brewing and Ribs BBQ. Major retailers, big-box shopping, and popular restaurants are described as being within a half-mile radius.
The existing duplex can be continued as a multi-family rental, or, based on the C-1 zoning, considered for alternative commercial uses and development plans.
The site is positioned in a commercial area and is bordered by Tractor Brewing and Ribs BBQ. Major retailers, big-box shopping, and popular restaurants are described as being within a half-mile radius.
The existing duplex can be continued as a multi-family rental, or, based on the C-1 zoning, considered for alternative commercial uses and development plans.
Key Highlights
- Well‑maintained duplex built in 2008 with strong tenant income and flexible use options
- C‑1 Commercial zoning allows operating as a multi‑family rental or potential conversion to office or retail
- Approximately 4.61 acres, offering space for future development of uses permitted by zoning
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex on C-1 land, offering flexible use options in a commercial area near Tractor Brewing and Ribs BBQ.
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: Well‑maintained duplex built in 2008 with strong tenant income and flexible use options; C‑1 Commercial zoning allows operating as a multi‑family rental or potential conversion to office or retail; Approximately 4.61 acres, offering space for future development of uses permitted by zoning
