Zoned C-1 Duplex with Development
For Sale
$650,000
102-104 Nathan Court, Los Lunas, NM 87031
MULTI_FAMILY - Los Lunas, NM
Property Size1,846 SF
Lot Size4.61 Acres
Price / SF$352.11
Days on Market266
Property Features for 102-104 Nathan Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
C-1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
Subdivision
Land Of Titus Wingerd
Directions
I25 South towards Los Lunas. Take Exit 215 onto Highway 47. Left on Lujan, right on Nathan to property.
Standard status
Active
APN
1011038175190000000
Size
1,846 SF
Lot size
4.61 Acres
Taxes and HOA fees
Tax Annual Amount
1666
Utilities
Heating system
Forced Air, Central
Building Details
Year built
2008
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Listing Agency:
Real Broker, LLC
(505) 557-4976
Listed By:
Jeremiah D. Collins · License #16694
(505) 710-5478
Added: Nov 6, 2025
Changed: Jul 21
Last Checked: Jul 30 at 3:06PM
MLS# 1094429
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 well-maintained duplex is currently operating as a multi-family rental and generating tenant income. The property includes an existing structure and sits on approximately 4.61 acres, giving room for future development subject to what is permitted under C-1 Commercial zoning.
The site is located in a commercial area and is bordered by Tractor Brewing and Ribs BBQ. Major retailers, big-box shopping, and popular restaurants are described as within a half-mile radius.
Utility information noted in the listing includes 8-inch water and sewer line close to, or at, the property line, along with 3-phase power available in the area. The property is offered for sale as a flexible asset that may be continued as rental housing or potentially converted to office or retail uses, depending on zoning permissions.
The site is located in a commercial area and is bordered by Tractor Brewing and Ribs BBQ. Major retailers, big-box shopping, and popular restaurants are described as within a half-mile radius.
Utility information noted in the listing includes 8-inch water and sewer line close to, or at, the property line, along with 3-phase power available in the area. The property is offered for sale as a flexible asset that may be continued as rental housing or potentially converted to office or retail uses, depending on zoning permissions.
Key Highlights
- 2008‑built duplex with carpet and vinyl flooring
- Forced‑air and central heating
- Zoned C‑1 Commercial—operate as multi‑family rental or convert to office/retail use
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 87031, NM
45,208
Population
16,917
Households
2.7
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
255.5 sq mi
ZIP Area
177
Density / Sq Mi
$61,947
Median Household Income
$34,167
Median Earnings
$1,083
Median Rent
$206,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on 4.61 acres in C-1, with nearby 8-inch water/sewer lines and 3-phase power in the area.
Where is this duplex located?
The property is located at 102-104 Nathan Court Los Lunas, NM.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2008‑built duplex with carpet and vinyl flooring; Forced‑air and central heating; Zoned C‑1 Commercial—operate as multi‑family rental or convert to office/retail use
