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Corner-Lot Quadplex
For Sale
$395,000

101 Lynx Ave, Cloudcroft, NM 88317

MULTI_FAMILY - Cloudcroft, NM

Property Size1,760 SF
Lot Size0.12 Acres
Price / SF$224.43
Days on Market43

Property Features for 101 Lynx Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description MULTI-FAMILY
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 5
Interior features FLOORING, FIREPLC, LIV RM, EAT IN KITCHEN, WNDO CVRNGS T/O, TILE FLOORING, Fireplace, wood burning, Flooring, Laminate
Exterior features Corner Lot, BASKETBALL CRT-COMMUNITY, TENNIS CRT-COMMUNITY, PLAYGROUND-COMMUNITY
Fireplace 1
Appliances CEILING FAN, DRYER CONN, ELEC, DRYER, GAS GRILL, MICROWAVE, REFRIGERATOR, RNG/OVN, FREESTD, WASHER, WATER HTR, GAS
Subdivision Cloudcroft
Directions On the corner of Lynx Avenue and Grand Avenue.
Standard status Active
APN R035158
Size 1,760 SF
Lot size 0.12 Acres

Utilities

Utilities Propane
Heating system Wood, Wall Furnace
Cooling system None (Cooling)

Building Details

Year built 1950
Floors in Building 1
Building materials WOOD
Roof type Metal
Listing Agency: Cloudcroft Properties
Listed By: MEREDITH SHEPHERD
Added: Jun 24 Changed: Jul 30 Last Checked: Aug 5 at 1:06AM
MLS# 172830

Copyright © 2026 Otero County Board of Realtors. 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 corner-lot quadplex consists of two duplexes on one property, for a total of five bedrooms and five bathrooms. The interior includes flooring and features such as a fireplace with wood-burning capability and an eat-in kitchen, with windows and coverings throughout. Heating is provided by wood and wall furnace, and the property is served by propane. Cooling is listed as none.

Built in 1950 with wood construction and a metal roof, the property also includes a set of community exterior amenities: a basketball court, tennis court, and playground. The layout is described as flexible for operating as short-term rentals or accommodating longer-term tenants.

With its two-duplex configuration and total of five bedroom and bathroom units, the property offers a multi-unit setup intended to support multiple rental strategies, including live-in and rental options.

Key Highlights

  • Two duplexes on one property totaling five bedrooms and five bathrooms
  • Corner lot quadplex configuration
  • 1,760 SF total building size

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Gym & Fitness Center

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

255
Businesses Nearby

Demographics for 88317, NM

1,953
Population
2,983
Households
0.7
Avg Household Size
55
Median Age
28%
College-Educated
98%
High-School Grad
272.6 sq mi
ZIP Area
7
Density / Sq Mi
$72,083
Median Household Income
$42,197
Median Earnings
$922
Median Rent
$206,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Corner-lot quadplex configured as two duplexes, totaling five bedrooms and five bathrooms with propane service and a wood-burning fireplace.
Where is this quadplex located?
The property is located at 101 Lynx Ave Cloudcroft, NM.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two duplexes on one property totaling five bedrooms and five bathrooms; Corner lot quadplex configuration; 1,760 SF total building size
More about this property
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