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Updated 3-Unit Triplex
For Sale
$499,000

322 Moreno, Las Vegas, NM 87701

MULTI_FAMILY - Other - Las Vegas, NM

Property Size2,246 SF
Lot Size0.16 Acres
Price / SF$222.17
Days on Market159

Property Features for 322 Moreno

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R-1, 2, 3, 4, 5, 6
Zoning description R3
Bedrooms 6
Full bathrooms 4
Rooms Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5
Interior features InteriorSteps
Appliances Dryer, Dishwasher, ElectricCooktop, ElectricWaterHeater, Microwave, Oven, Range, Refrigerator, WaterHeater, Washer
Elementary school Las Vegas
Middle school Las Vegas
High school West Las Vegas High
Directions Next to police parking lot on Moreno.
Standard status Active
Size 2,246 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description Subd: Town Of Las Vegas Block: O S: 27 T: 16 R: 16
Legal Description Subd: Town Of Las Vegas Block: O S: 27 T: 16 R: 16

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Ductless
Water source Public

Building Details

Year built 1902
Floors in Building 2
Number of units 3
Building materials Adobe
Architectural style Other
Listing Agency: Berkshire Hathaway HomeService
Listed By: Kitty Ballard-Ryan · License #52145
Added: Mar 1 Changed: Aug 3 Last Checked: Aug 7 at 12:06PM
MLS# 202600731

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. 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.

Updated 3-unit triplex on a 0.16-acre lot with adobe construction and 2,246 SF of interior space. The property features ductless heating and ductless cooling, with public water and public sewer services. Interior features include interior steps, and the home is equipped with multiple appliances including dishwasher, microwave, range/oven, refrigerator, and washer/dryer.

The front home offers 3 bedrooms and 1 and 3/4 bathrooms, along with a covered front porch, high ceilings, nichos, wood floors, granite countertops, and transom windows. There is also a laundry room with front loading washer/dryer and a large fenced yard.

The upstairs studio apartment includes granite counters, a 3/4 bathroom, and a spacious deck. The third unit is a stand-alone home with 2 bedrooms, a full bathroom with stackable washer/dryer, granite counters, and a fenced yard, plus a large enclosed room ready for finishing. Zoning is R-1, 2, 3, 4, 5, 6.

Key Highlights

  • Updated 3‑unit triplex with 2,246 SF on a 0.16‑acre lot
  • Adobe construction with ductless heating and ductless cooling
  • Front home: 3 bedrooms, 1 and 3/4 bathrooms, covered front porch, fenced yard

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Garden Center 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

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

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

What type of property is this?
Triplex - Updated three-unit triplex on 0.16-acre lot with adobe construction, ductless heating/cooling, and public water and sewer.
Where is this triplex located?
The property is located at 322 Moreno Las Vegas, NM.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Updated 3‑unit triplex with 2,246 SF on a 0.16‑acre lot; Adobe construction with ductless heating and ductless cooling; Front home: 3 bedrooms, 1 and 3/4 bathrooms, covered front porch, fenced yard
More about this property
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