Three-Home Multifamily
For Sale
$369,900
158 Independence Avenue, Las Vegas, NM 87701
Three separate residences and several accessory structures occupy two lots totaling more than an acre.
Property Size3,515 SF
Price / SF$105.23
Days on Market219
Property Features for 158 Independence Avenue
General Information
Standard status
Active
Size
3,515 SF
Total Parking Spaces
3
Property subtype
Multifamily
Units
Unit Mix
1 x 3BR/0.75BA, 1 x efficiency, 1 x 3BR/1.75BA
Multifamily Units
3
Building Details
Year Built
1950
Buildings
3
Listing Agency:
1st Class Realty of Santa Fe, LLC
Listed By:
Luke Cordova
Source:
1stclassrealtyofsantafe
Added: Mar 30
Changed: Nov 3
Last Checked: Nov 3 at 5:12AM
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 1st Class Realty of Santa Fe, LLC
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Investment Insights
Based on property information with market context.
This multifamily property comprises three separate homes across two lots measuring more than an acre in total. The front residence is approximately 1,120 square feet, with three bedrooms and a three-quarter bath. A central efficiency apartment has a bedroom, living area, and three-quarter bath, while the rear home includes three bedrooms, 1.75 baths, and a two-car garage.
Additional improvements include a detached single-car garage, storage sheds, and other outbuildings. Mature trees and a rock wall are also present. The property was built in 1950 and is offered in as-is condition.
Additional improvements include a detached single-car garage, storage sheds, and other outbuildings. Mature trees and a rock wall are also present. The property was built in 1950 and is offered in as-is condition.
Key Highlights
- Three separate homes on two lots totaling more than an acre
- Front residence: approximately 1,120 square feet, three bedrooms, and a three‑quarter bath
- Central efficiency apartment with a bedroom, living area, and three‑quarter bath
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three separate residences and several accessory structures occupy two lots totaling more than an acre.
Where is this multifamily property located?
The property is located at 158 Independence Avenue Las Vegas, NM.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Three separate homes on two lots totaling more than an acre; Front residence: approximately 1,120 square feet, three bedrooms, and a three‑quarter bath; Central efficiency apartment with a bedroom, living area, and three‑quarter bath
