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    909 5Th St Las Vegas, NM 87701

    For Sale
    $295,000

    Multi Unit 5+ - Las Vegas, NM

    Property size:
    4,200 SF
    Days on Market:
    67
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 909 5Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    R0062920
    Exterior features
    Irregular Lot
    Size
    4,200 SF

    Building Details

    Number of units
    5
    Architectural style
    Other

    Rocky Mountain Real Estate (505) 425-3586 [email protected]

    Listing agent Mack Crow (505) 425-3586

    Listing date Oct 1, 2025

    MLS# 20244759 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

    Las Vegas Multifamily Investment Property

    This multifamily property, located in Las Vegas, New Mexico, features five apartments. All units are currently occupied and in good condition. The property is situated in a favorable location near the Carnegie Library, New Mexico Highlands University, and the old town plaza area. The building has a total size of 4,200 square feet and is located in San Miguel County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    Las Vegas
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.21655
    Latitude
    35.598928

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building near New Mexico Highlands University and historic plaza.
    Where is this apartment building located?
    The property is located at 909 5Th St Las Vegas, NM.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Excellent income property with 5 occupied apartments.; - Excellent location close to Carnegie Library.; - Close proximity to New Mexico Highlands University.
    (505) 425-3586
    Request Owner's contact information
    909 5Th St Las Vegas, NM 87701
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    Las Vegas, NM 87701
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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
    909 5Th St Las Vegas, NM 87701
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