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Renovated Triplex with Private Courtyards
For Sale
$155,000

903-907 S Main Street, Magdalena, NM 87825

ResidentialIncome, Magdalena, NM

Property Size590 SF
Lot Size0.14 Acres
Price / SF$262.71
Days on Market150

Property Features for 903-907 S Main Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description RR
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1
Patio and Porch features Patio
Exterior features Landscaping, PropaneTankLeased, Patio
Fireplace 1
Appliances FreeStandingGasRange, Refrigerator
Subdivision Highland Add Magdalena
Directions In Magdalena at Hwy 60 and Main. Go south on Main Street to 903-907 S. Main St on Left.
Standard status Active
APN 0121160101
Size 590 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 1065

Utilities

Utilities Propane
Heating system Forced Air, Central, Propane (Heating)

Amenities

private courtyard

Building Details

Year built 1968
Floors in Building 1
Number of units 3
Flooring type Vinyl, Brick
Building materials Block, WoodSiding
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Donald James Auge · License #49176
Added: Apr 2 Changed: Aug 20 Last Checked: Aug 29 at 11:06AM
MLS# 1101037

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 triplex contains three rental units, each with approximately 590 square feet of living area, one bedroom, a three-quarter bath, kitchen, living room, and private courtyard. Recent improvements include interior and exterior painting throughout the property. Unit 905 includes new 2025 appliances and a fireplace, while Unit 907 also has a fireplace. Unit 903 features a newer hot water heater and does not have a fireplace.

The property occupies a 0.14-acre lot at the southern end of Magdalena, with mountain views and patios serving the individual units. Construction includes block and wood siding, with vinyl and brick flooring. Heating is provided by a central forced-air propane system, and the property includes leased propane service, landscaping, refrigerators, and freestanding gas ranges. Built in 1968, the triplex offers three separately configured residences within one multifamily property.

Key Highlights

  • Three rental units, each with approximately 590 square feet of living area
  • Each unit includes 1 bedroom, 3/4 bath, kitchen, living room, and private courtyard
  • Recent interior and exterior painting completed throughout the property

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 87825, NM

2,802
Population
1,401
Households
2
Avg Household Size
40
Median Age
14%
College-Educated
81%
High-School Grad
2,349.1 sq mi
ZIP Area
1
Density / Sq Mi
$29,712
Median Household Income
$21,613
Median Earnings
$110,800
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?
Triplex - Three one-bedroom rental units offer kitchens, living rooms, patios, and recent interior and exterior paint.
Where is this triplex located?
The property is located at 903-907 S Main Street Magdalena, NM.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Three rental units, each with approximately 590 square feet of living area; Each unit includes 1 bedroom, 3/4 bath, kitchen, living room, and private courtyard; Recent interior and exterior painting completed throughout the property
More about this property
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