Multifamily Property with Three
For Sale
$649,950
19649 Highway 314, Belen, NM 87002
ResidentialIncome, Belen, NM
Property Size1,338 SF
Lot Size3.19 Acres
Price / SF$485.76
Days on Market233
Property Features for 19649 Highway 314
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RR-2
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 8, Bedroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bedroom 7, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
Appliances
FreeStandingGasRange, Refrigerator
Directions
From Los Lunas: Main St and Highway 314 go south 5.8 miles to property. White house with blue metal roof on east side of the road. (Manufactured homes have access off Camino De Los Chavez.)
Subdivision
740 - Los Chavez
Standard status
Active
APN
1008032213485000000
Size
1,338 SF
Lot size
3.19 Acres
Taxes and HOA fees
Tax Annual Amount
1499
Utilities
Heating system
Central, Forced Air
Building Details
Year built
1954
Floors in Building
1
Number of units
3
Flooring type
Laminate, Carpet
Building materials
Stucco
Listing Agency:
Gerald Chavez Realty Inc
(505) 865-4671
Listed By:
Clarissa Chavez-Rivera · License #11406
(505) 450-6682
Added: Jan 14
Changed: Sep 2
Last Checked: Sep 4 at 9:06PM
MLS# 1096724
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 multifamily property comprises three residences on a 3.19-acre parcel. The primary home includes a living room, formal dining room, kitchen, two bedrooms, one bathroom, laundry room, carport, and storage building. Two additional single-wide homes each offer three bedrooms, two bathrooms, a living room, country kitchen, and laundry facilities. Stucco construction, laminate and carpet flooring, forced-air and central heating, a free-standing gas range, and refrigerators are included among the property features.
The property is located at 19649 Highway 314 in Belen, with approximately 616 feet of highway frontage. A billboard on the site produces income, and all three residences are rented on a month-to-month basis. Seller financing is offered. The property was built in 1954 and is identified for multifamily use.
The property is located at 19649 Highway 314 in Belen, with approximately 616 feet of highway frontage. A billboard on the site produces income, and all three residences are rented on a month-to-month basis. Seller financing is offered. The property was built in 1954 and is identified for multifamily use.
Key Highlights
- Three residences on a 3.19‑acre parcel
- Approximately 616 feet of highway frontage
- Primary home includes 2 bedrooms and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 87002, NM
21,225
Population
9,210
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
84%
High-School Grad
598.3 sq mi
ZIP Area
35
Density / Sq Mi
$51,537
Median Household Income
$30,896
Median Earnings
$859
Median Rent
$183,700
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?
Multifamily property - Three rented residences on a highway-frontage parcel with a billboard and month-to-month occupancy.
Where is this multifamily property located?
The property is located at 19649 Highway 314 Belen, NM.
What is the asking price?
The asking price for this property is $649,950.
What are key features of this property?
This property features: Three residences on a 3.19‑acre parcel; Approximately 616 feet of highway frontage; Primary home includes 2 bedrooms and 1 bathroom
