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Multifamily Property with Income Potential
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1112 N Lea Avenue, Roswell, NM 88201

Investment opportunity with two units on a large lot.

Property Size1,668 SF
Lot Size0.18 Acres
Price / SF$125.84
Days on Market108

Property Features for 1112 N Lea Avenue

General Information

Standard status Active
Size 1,668 SF
Lot size 0.18 Acres
Property subtype Multifamily

Building Details

Year Built 1930
Units 2
Listing Agency: Berkshire Hathaway Home Services Enchanted Lands - Roswell
Listed By: Genalyn Outland · License #3017
Source: Crexi
Added: May 14 Changed: Aug 17 Last Checked: Aug 26 at 12:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home Services Enchanted Lands - Roswell

Investment Insights

Based on property information with market context.

This property presents a versatile investment opportunity, featuring a 1,668 square foot front home with 3 bedrooms and 2 bathrooms. Additionally, there is a separate 600 square foot accessory unit located at the rear of the property. Both units are situated on a 50 foot by 160 foot lot and are currently tenant-occupied, providing immediate rental income. The property could benefit from updates and improvements.

Key Highlights

  • Two separate living units on one parcel, with a 1,668 sq ft front home and 600 sq ft accessory unit.
  • Immediate rental income potential with tenant‑occupied units.
  • Large 50' x 160' lot size.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Catering Service Cosmetic Store

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

415
Businesses Nearby

Demographics for 88201, NM

26,471
Population
11,738
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
87%
High-School Grad
2,643.3 sq mi
ZIP Area
10
Density / Sq Mi
$62,752
Median Household Income
$36,935
Median Earnings
$957
Median Rent
$202,600
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?
Duplex - Investment opportunity with two units on a large lot.
Where is this duplex located?
The property is located at 1112 N Lea Avenue Roswell, NM.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two separate living units on one parcel, with a 1,668 sq ft front home and 600 sq ft accessory unit.; Immediate rental income potential with tenant‑occupied units.; Large 50' x 160' lot size.
(575) 420-6542 Call to check price and availability
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