Triplex With Multiple
For Sale
$369,900
158 Independence Avenue, Las Vegas, NM 87701
ResidentialIncome, Las Vegas, NM
Property Size3,515 SF
Lot Size1.41 Acres
Price / SF$105.23
Days on Market192
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
Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 4
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
Tile, Carpet
Building materials
Frame, Stucco
Listing Agency:
Southwest Elite Real Estate
(505) 280-9256
Listed By:
Jonathan M Ortiz · License #44118
(505) 363-8451
Added: Mar 30
Changed: Sep 24
Last Checked: Oct 7 at 6:06AM
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.
This 3,515-square-foot triplex property contains three separate residences on 1.41 acres. The front home measures approximately 1,120 square feet and includes three bedrooms and a 3/4 bath. An efficiency apartment occupies the middle structure, with a bedroom, living area, and 3/4 bath. The rear home has three bedrooms, 1.75 baths, and a two-car garage.
Additional improvements include a detached single-car garage, multiple storage sheds, and other outbuildings. Mature trees and a rock wall contribute established exterior features, while frame and stucco construction, tile and carpet flooring, central heating, and included appliances are also present. The property was built in 1950 and is located on Independence Avenue in Las Vegas, New Mexico.
Additional improvements include a detached single-car garage, multiple storage sheds, and other outbuildings. Mature trees and a rock wall contribute established exterior features, while frame and stucco construction, tile and carpet flooring, central heating, and included appliances are also present. The property was built in 1950 and is located on Independence Avenue in Las Vegas, New Mexico.
Key Highlights
- Three separate homes totaling 3,515 square feet
- 1.41‑acre property comprising two lots
- Front residence offers approximately 1,120 square feet, three bedrooms, and a 3/4 bath
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences occupy a two-lot property with storage and workspace structures.
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 $369,900.
What are key features of this property?
This property features: Three separate homes totaling 3,515 square feet; 1.41‑acre property comprising two lots; Front residence offers approximately 1,120 square feet, three bedrooms, and a 3/4 bath
