Duplex with Partially Finished
For Sale
$129,900
1412 8th Street, Las Vegas, NM 87701
MULTI_FAMILY - Other - Las Vegas, NM
Property Size1,880 SF
Lot Size0.17 Acres
Price / SF$69.10
Days on Market325
Property Features for 1412 8th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1, 2, 3, 4, 5, 6
Zoning description
R-2
Bedrooms
3
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Interior features
NoInteriorSteps
Elementary school
Las Vegas
Middle school
Las Vegas
High school
Las Vegas
Directions
Take Exit 343 toward Las Vegas / NM-65, At the end of the ramp, turn right onto NM-65 / University Ave heading into Las Vegas, Continue on University Ave for about 1.3 miles, Turn right onto 7th St, Go about 0.4 miles, then turn left onto Mills Ave, Continue a short distance, then turn left onto 8th St, Drive about 0.3 miles, Your destination, 1412 8th St, Las Vegas, NM 87701, will be on the left.
Standard status
Active
APN
1094093436374
Size
1,880 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
See associated docs
Legal Description
See associated docs
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Space Heater
Water source
Public
Building Details
Year built
1940
Floors in Building
1
Number of units
2
Architectural style
Other
Listing Agency:
Home & Land Professionals LLC
(505) 425-9074
Listed By:
Kurtis Quintana · License #53169
(505) 718-9364
Added: Sep 17, 2025
Changed: Aug 3
Last Checked: Aug 7 at 11:06AM
MLS# 202504274
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 income-generating duplex includes two separate units totaling 1,880 square feet. The main unit offers 1,306 square feet with two bedrooms, one bathroom, and a bonus room located past the laundry room that can serve as an office, storage area, or workspace. The larger unit also features a generous partially finished basement, providing additional storage. The secondary unit includes 574 square feet with one bedroom and one bathroom. A long driveway accommodates parking for both units.
The property is located in Las Vegas, New Mexico, and is positioned near restaurants and shopping for everyday convenience. It is also within walking distance to Highlands University, which may support tenant appeal for student-focused housing.
The layout supports practical occupancy and rental flexibility. Buyers can consider keeping both units as rentals, or occupying the larger unit while collecting rent from the smaller unit. Alternatively, the property may work as a family compound depending on a buyer’s intended use. While the units have recent rental history, the property is being offered as ready for buyer updates and improvements, which can be aligned with an operator’s preferences.
The property is located in Las Vegas, New Mexico, and is positioned near restaurants and shopping for everyday convenience. It is also within walking distance to Highlands University, which may support tenant appeal for student-focused housing.
The layout supports practical occupancy and rental flexibility. Buyers can consider keeping both units as rentals, or occupying the larger unit while collecting rent from the smaller unit. Alternatively, the property may work as a family compound depending on a buyer’s intended use. While the units have recent rental history, the property is being offered as ready for buyer updates and improvements, which can be aligned with an operator’s preferences.
Key Highlights
- Income‑generating duplex with 2 units totaling 1,880 sq ft
- Larger unit: 1,306 sq ft with 2 bedrooms, 1 bathroom, and a bonus room past the laundry room
- Secondary unit: 574 sq ft with 1 bedroom and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 87701, NM
18,387
Population
9,699
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
88%
High-School Grad
1,601.8 sq mi
ZIP Area
11
Density / Sq Mi
$48,115
Median Household Income
$29,345
Median Earnings
$756
Median Rent
$169,000
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 - Two-unit duplex with long driveway parking and a partially finished basement for additional storage options.
Where is this duplex located?
The property is located at 1412 8th Street Las Vegas, NM.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Income‑generating duplex with 2 units totaling 1,880 sq ft; Larger unit: 1,306 sq ft with 2 bedrooms, 1 bathroom, and a bonus room past the laundry room; Secondary unit: 574 sq ft with 1 bedroom and 1 bathroom
