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Riverfront Multifamily Property
For Sale
$275,000

613 N RIVERSIDE DR, Truth or Consequences, NM 87901

Two manufactured homes feature updated interiors and direct Rio Grande access.

Property SizeContact for details
Days on Market21

Property Features for 613 N RIVERSIDE DR

General Information

Standard status Active
Property subtype Multi Family Home

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,525

Amenities

private wooden decks
gardening space
raised beds
RV storage

Building Details

Year Built 1974
Buildings 2
Units 2
Construction manufactured
Listing Agency: Sea Properties Ltd
Listed By: Sidney Bryan
Source: Ci-realty
Added: Aug 9 Changed: Aug 28 Last Checked: Aug 29 at 10:22AM

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 Sea Properties Ltd

Investment Insights

Based on property information with market context.

This multifamily property includes two manufactured homes with open floor plans, kitchens equipped with quartz or granite countertops and stainless steel appliances, and updated bathrooms. Fresh interior finishes include vinyl plank flooring and contemporary lighting. The property was built in 1974.

Direct access to the Rio Grande is complemented by private wooden decks with mountain and sunset views. Outdoor areas include raised garden beds and additional ground space suitable for gardening, RV storage, or future expansion.

Key Highlights

  • Two manufactured homes with open layouts
  • Direct access to the Rio Grande
  • Kitchens with quartz or granite countertops and stainless appliances

Property Analytics

Current Use

Waterfront Land

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

Demographics for 87901, NM

6,515
Population
3,981
Households
1.6
Avg Household Size
54
Median Age
19%
College-Educated
89%
High-School Grad
1,080.4 sq mi
ZIP Area
6
Density / Sq Mi
$27,868
Median Household Income
$25,735
Median Earnings
$674
Median Rent
$114,800
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?
Multifamily property - Two manufactured homes feature updated interiors and direct Rio Grande access.
Where is this multifamily property located?
The property is located at 613 N RIVERSIDE DR Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two manufactured homes with open layouts; Direct access to the Rio Grande; Kitchens with quartz or granite countertops and stainless appliances
More about this property
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