Four-Unit Residential Income
For Sale
Contact for pricing
1403 W Hank Avenue, Artesia, NM 88210
Four-unit multifamily with one 1-bedroom, two 2-bedroom, and one 3-bedroom unit and a large front porch.
Property SizeContact for details
Days on Market107
Property Features for 1403 W Hank Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Building Details
Year Renovated
2024
Listing Agency:
Harwell & Associates Real Estate
(575) 703-6121
Listed By:
Karen S Miller · License #47241
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 21 at 12:43AM
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 Harwell & Associates Real Estate
Investment Insights
Based on property information with market context.
This four-unit residential income property includes one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit. The home has a large front porch.
The split-unit HVAC systems were added to all units in 2024.
The current configuration supports a mix of apartment sizes within a single multifamily building, making it suitable for investors seeking an income-producing asset with recent improvements.
The split-unit HVAC systems were added to all units in 2024.
The current configuration supports a mix of apartment sizes within a single multifamily building, making it suitable for investors seeking an income-producing asset with recent improvements.
Key Highlights
- 4‑unit multifamily with 1x 1‑bedroom, 2x 2‑bedroom, and 1x 3‑bedroom unit mix
- Large front porch
- Split units added to all units in 2024
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 88210, NM
18,571
Population
7,851
Households
2.4
Avg Household Size
35
Median Age
19%
College-Educated
86%
High-School Grad
1,287.3 sq mi
ZIP Area
14
Density / Sq Mi
$80,423
Median Household Income
$47,725
Median Earnings
$925
Median Rent
$213,900
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?
Quadplex - Four-unit multifamily with one 1-bedroom, two 2-bedroom, and one 3-bedroom unit and a large front porch.
Where is this quadplex located?
The property is located at 1403 W Hank Avenue Artesia, NM.
What are key features of this property?
This property features: 4‑unit multifamily with 1x 1‑bedroom, 2x 2‑bedroom, and 1x 3‑bedroom unit mix; Large front porch; Split units added to all units in 2024
