Triplex with Three Separate
For Sale
$379,900
158 Independence Avenue, Las Vegas, NM 87701
MULTI_FAMILY - Las Vegas, NM
Property Size3,515 SF
Lot Size1.41 Acres
Price / SF$108.08
Days on Market136
Property Features for 158 Independence Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
R-1
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 6
Appliances
FreeStandingGasRange, Disposal, Refrigerator
Directions
Head northeast on Topaz Lane 233 ft Continue onto S Grand Ave 269 ft Continue onto I-25BL 0.8 mi Turn left onto S Pacific St 0.6 mi Turn right onto Independence Ave Destination will be on the left
Subdivision
600 - San Miguel
Standard status
Active
APN
1094092521323
Size
3,515 SF
Lot size
1.41 Acres
Taxes and HOA fees
Tax Description
SUBD: TOWN OF LAS VEGAS BLOCK: L-7 L-8 S: 27 T: 16 R: 16
Tax Annual Amount
2100
Legal Description
SUBD: TOWN OF LAS VEGAS BLOCK: L-7 L-8 S: 27 T: 16 R: 16
Utilities
Heating system
Central
Building Details
Year built
1950
Floors in Building
2
Number of units
3
Flooring type
Carpet, Tile
Building materials
Frame, Stucco
Listing Agency:
Southwest Elite Real Estate
(505) 798-6333
Listed By:
Jonathan M Ortiz · License #44118
(505) 363-8451
Added: Mar 30
Changed: Aug 1
Last Checked: Aug 12 at 5:06PM
MLS# 1100794
Copyright © 2026 Southwest MLS. 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.
Triplex property on two lots totaling 1.41 acres, consisting of three separate homes. The front home is approximately 1,120 SF and includes 3 bedrooms and a 3/4 bath. The middle structure is an efficiency apartment with a spacious bedroom, living area, and a 3/4 bath. The rear home offers 3 bedrooms, 1.75 baths, and its own 2-car garage. Additional improvements include a detached single-car garage, multiple storage sheds, and other outbuildings.
The home interiors include carpet and tile flooring. Heating is provided by central heat, and appliances listed include a free-standing gas range, disposal, and refrigerator. Construction materials are described as frame and stucco. The property was built in 1950 and features mature trees and a rock wall outdoors.
The configuration supports use as income-producing space or multi-generational living, with each of the three homes functioning as a separate unit.
The home interiors include carpet and tile flooring. Heating is provided by central heat, and appliances listed include a free-standing gas range, disposal, and refrigerator. Construction materials are described as frame and stucco. The property was built in 1950 and features mature trees and a rock wall outdoors.
The configuration supports use as income-producing space or multi-generational living, with each of the three homes functioning as a separate unit.
Key Highlights
- 1.41‑acre triplex property on two lots with three separate homes
- Front home approx 1,120 SF with 3 bedrooms and 3/4 bath
- Middle efficiency apartment with a 3/4 bath
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 87701, NM
18,387
Population
9,699
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
88%
High-School Grad
1,601.8 sq mi
ZIP Area
11
Density / Sq Mi
$48,115
Median Household Income
$29,345
Median Earnings
$756
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex property on two lots with three separate homes, garages, storage sheds, and central heating.
Where is this triplex located?
The property is located at 158 Independence Avenue Las Vegas, NM.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 1.41‑acre triplex property on two lots with three separate homes; Front home approx 1,120 SF with 3 bedrooms and 3/4 bath; Middle efficiency apartment with a 3/4 bath
