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    208 E Mathews St Roswell, NM 88203

    For Sale
    $450,000

    Multi Unit 5+ - Roswell, NM

    Lot size:
    0.58 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 208 E Mathews St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    4136062095357000000
    Appliances
    Dryer, Range, Refrigerator
    Lot size
    0.58 Acres

    Building Details

    Number of units
    3
    Architectural style
    Other

    Keller Williams Roswell (575) 910-9160 [email protected]

    Listing agent Jeanette Schaffer (575) 600-6114

    Listing date Nov 13, 2025

    MLS# 20256376 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Roswell Multifamily Investment Opportunity

    This 25,000 square foot property in Roswell, NM, presents an investment opportunity in the growing housing market. It features a tiny home village concept with three completed manufactured homes. Each home includes full utility connections and modern appliances such as a refrigerator, stove, washer, and dryer. The backyard is fenced and designed with shared outdoor spaces, including a pond area that serves as an overflow for water during heavy rains. A 40-foot long shipping container is included for use as additional storage units. The units rent for $1250 per month, including utilities. This property provides a foundation for expanding a small home community or rental portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.520124
    Latitude
    33.384522

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    FAQs

    What type of property is this?
    Apartment building - Expandable tiny home village concept with existing rental income.
    Where is this apartment building located?
    The property is located at 208 E Mathews St Roswell, NM.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Ready-to-expand tiny home village concept.; - Three completed homes already generating rental income.; - Each home includes modern appliances (refrigerator, stove, washer, dryer).
    (575) 600-6114
    Request Owner's contact information
    208 E Mathews St Roswell, NM 88203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    208 E Mathews St Roswell, NM 88203
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