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    718 Liles St Socorro, NM 87801

    For Sale
    $175,000

    MULTI_FAMILY - Socorro, NM

    Property size:
    1,962 SF
    Lot size:
    0.16 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 718 Liles St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    R002562
    Interior features
    CeilingFans
    Appliances
    FreeStandingGasRange, Refrigerator
    Size
    1,962 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air, Central
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1979
    Floors in Building
    1
    Flooring type
    Tile, Laminate, Carpet
    Building materials
    Frame, Stucco

    Simply Real Estate NM INC (505) 259-2415 [email protected]

    Listing agent Jonathan Nunez (505) 795-1235 License #REC20220574

    Listing date Nov 17, 2025

    Copyright © 2025 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.

    Overview

    Socorro Multi-Family Investment Opportunity

    This Socorro property presents an investment opportunity. It features a recently installed 30-year TPO roof and a 2019 furnace. The home includes an enclosed, heated sunroom suitable for additional living space, hobbies, or a workspace. Updated laminate flooring is present in the kitchen and dining area. The property also features MasterCool evaporative cooling and a functional layout. Currently tenant-occupied on a month-to-month lease, the property offers immediate income with flexibility. Situated a 5-minute walk from NM Tech, this home is suitable for students, staff, or those seeking a rental investment. The property size is 1962 square feet and the lot size is 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    Socorro
    County
    Socorro
    State
    New Mexico
    Longitude
    -106.900194
    Latitude
    34.065439

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    FAQs

    What type of property is this?
    Single family property - Investment property near NM Tech with tenant in place.
    Where is this single family property located?
    The property is located at 718 Liles St Socorro, NM.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Prime location: **5-minute walk to NM Tech**, ideal for students and staff.; - Immediate income potential: Currently tenant-occupied on a month-to-month lease.; - Recently installed **30-year TPO roof**.
    (505) 795-1235
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    718 Liles St Socorro, NM 87801
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    Socorro, NM 87801
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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
    718 Liles St Socorro, NM 87801
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