C-1 Zoned Duplex With Development
For Sale
$650,000
102-104 Nathan Court, Los Lunas, NM 87031
MULTI_FAMILY - Other - Los Lunas, NM
Property Size1,846 SF
Lot Size4.60 Acres
Price / SF$352.11
Days on Market286
Property Features for 102-104 Nathan Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C-1
Zoning description
C1
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1
Interior features
NoInteriorSteps
Directions
I25 South towards Los Lunas. Take Exit 215 onto Highway 47. Left on Lujan, right on Nathan to property.
Standard status
Active
APN
1 011 038 175 190 000000
Size
1,846 SF
Lot size
4.60 Acres
Taxes and HOA fees
Tax Description
Subd Land Of Titus Wingerd Tract 2C2a 4.61 Ac Map 72 2008 Rev B-5-26
Legal Description
Subd Land Of Titus Wingerd Tract 2C2a 4.61 Ac Map 72 2008 Rev B-5-26
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
2008
Floors in Building
1
Number of units
2
Architectural style
Other
Listing Agency:
Real Broker LLC
(505) 557-4976
Listed By:
Jeremiah Collins · License #16694
(505) 710-5478
Added: Nov 20, 2025
Changed: Aug 4
Last Checked: Sep 2 at 9:06AM
MLS# 202505159
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. 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 duplex property is well maintained and built in 2008, offering an income-producing layout with four bedrooms and two bathrooms. The home features natural gas forced-air heating and is served by public water and public sewer. Interior access is described as having no interior steps.
The duplex sits on a 4.6-acre lot in a C-1 Commercial zoning district, supporting flexible occupancy options now and the ability to pursue future development opportunities allowed by zoning. The property is located in a thriving commercial area and is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants within a half-mile radius.
With approximately 1,846 square feet of building area, this is a strong fit for an owner-operator or investor seeking a straightforward rental setup while planning for long-term expansion within the C-1 framework.
The duplex sits on a 4.6-acre lot in a C-1 Commercial zoning district, supporting flexible occupancy options now and the ability to pursue future development opportunities allowed by zoning. The property is located in a thriving commercial area and is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants within a half-mile radius.
With approximately 1,846 square feet of building area, this is a strong fit for an owner-operator or investor seeking a straightforward rental setup while planning for long-term expansion within the C-1 framework.
Key Highlights
- C‑1 Commercial zoning supports multi‑family use and development opportunities
- 4.6‑acre lot with approximately 1,846 SF duplex building
- Built in 2008 with natural gas forced‑air heating
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
378
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 - C-1 zoned duplex on a 4.6-acre lot with natural gas forced-air heat, public water, and public sewer.
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: C‑1 Commercial zoning supports multi‑family use and development opportunities; 4.6‑acre lot with approximately 1,846 SF duplex building; Built in 2008 with natural gas forced‑air heating
