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Three-Building Historic Apartment Building
For Sale
$450,000

303 Eaton Avenue, Socorro, NM 87801

MULTI_FAMILY - Socorro, NM

Property Size4,023 SF
Lot Size1.06 Acres
Price / SF$111.86
Days on Market153

Property Features for 303 Eaton Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-1
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Appliances FreeStandingGasRange, Refrigerator
Subdivision Socorro Grant Sec-21
Directions From California St. go West on Spring st. turn North on Eaton. Property is on the left.
Standard status Active
APN 0013500253
Size 4,023 SF
Lot size 1.06 Acres

Taxes and HOA fees

Tax Description 207 EATON SOCORRO, NM 87801Subd: SOCORRO GRANT SEC-21 0.17 AC303 EATON AVE SOCORRO, NM 87801SUBD: SOCORRO GRANT SEC-21 LOT: 3 0.39 AC203 EATON SOCORRO, NM 87801SUBD: SOCORRO GRANT SEC-21 0.364 AC205 EATON SOCORRO, NM 87801SUBD: SOCORRO GRANT SEC-21 0.139 AC
Tax Annual Amount 734
Legal Description 207 EATON SOCORRO, NM 87801Subd: SOCORRO GRANT SEC-21 0.17 AC303 EATON AVE SOCORRO, NM 87801SUBD: SOCORRO GRANT SEC-21 LOT: 3 0.39 AC203 EATON SOCORRO, NM 87801SUBD: SOCORRO GRANT SEC-21 0.364 AC205 EATON SOCORRO, NM 87801SUBD: SOCORRO GRANT SEC-21 0.139 AC

Building Details

Year built 1893
Floors in Building 1
Number of units 1
Flooring type Laminate, Carpet
Building materials Adobe
Listing Agency: Realty One of New Mexico
Listed By: Kimberly J King · License #48555
Added: Mar 10 Changed: Aug 2 Last Checked: Aug 9 at 2:06PM
MLS# 1099752

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 three-building apartment property is offered as a single sale, featuring up to seven possible units across the buildings. The main building was built in 1893 and reflects original architectural character, with the property listed on the National Register of Historic Places in 1991.

The site totals 1.06 acres and is built with adobe construction. Interior finishes include laminate and carpet flooring. Appliances noted include a free-standing gas range and a refrigerator.

The property’s room layout includes three bedrooms and two bathrooms as listed, supporting residential living configurations within the multi-unit setup.

Key Highlights

  • Three buildings sold together, offering up to seven possible units
  • 1.06 acres
  • 4,023 SF property size

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Real Estate Agency Kitchen & Bath Showroom Plumbing Service Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 87801, NM

9,934
Population
4,272
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
177.3 sq mi
ZIP Area
56
Density / Sq Mi
$54,032
Median Household Income
$30,083
Median Earnings
$676
Median Rent
$165,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three buildings offer up to seven possible units within a National Register historic property.
Where is this apartment building located?
The property is located at 303 Eaton Avenue Socorro, 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: Three buildings sold together, offering up to seven possible units; 1.06 acres; 4,023 SF property size
More about this property
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