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Triplex with Highway Frontage and Billboard
For Sale
$649,950

19649 Highway 314, Belen, NM 87002

ResidentialIncome, Belen, NM

Property Size1,338 SF
Lot Size3.19 Acres
Price / SF$485.76
Days on Market221

Property Features for 19649 Highway 314

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RR-2
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bathroom 5, Bathroom 2, Basement, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 8
Appliances FreeStandingGasRange, Refrigerator
Directions From Los Lunas: Main St and Highway 314 go south 5.8 miles to property. White house with blue metal roof on east side of the road. (Manufactured homes have access off Camino De Los Chavez.)
Subdivision 740 - Los Chavez
Standard status Active
APN 1008032213485000000
Size 1,338 SF
Lot size 3.19 Acres

Taxes and HOA fees

Tax Annual Amount 1499

Utilities

Heating system Forced Air, Central

Building Details

Year built 1954
Floors in Building 1
Number of units 3
Flooring type Laminate, Carpet
Building materials Stucco
Listing Agency: Gerald Chavez Realty Inc
Listed By: Clarissa Chavez-Rivera · License #11406
Added: Jan 14 Changed: Aug 19 Last Checked: Aug 23 at 1:06AM
MLS# 1096724

Copyright © 2026 Southwest MLS. 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 triplex property includes three homes on a 3.19-acre lot. The main house has a living room, formal dining room, kitchen, two bedrooms, one bathroom, and a laundry room, plus a carport and a storage building. The two accessory dwellings are single-wide homes, each offering three bedrooms, two bathrooms, a living room, a country kitchen, and a laundry area. Units are currently rented month-to-month. A billboard on the property is noted as producing income.

The property is located at 19649 Highway 314 in Belen, NM, with approximately 616 feet of highway frontage. The homes feature stucco construction and are heated with central and forced air systems. Flooring includes carpet and laminate. Appliances noted include a free-standing gas range and refrigerator.

Seller is offering owner financing.

Key Highlights

  • Three homes on 3.19 acres
  • Approximately 616 feet of highway frontage
  • Two accessory dwellings are single‑wide homes

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 87002, NM

21,225
Population
9,210
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
84%
High-School Grad
598.3 sq mi
ZIP Area
35
Density / Sq Mi
$51,537
Median Household Income
$30,896
Median Earnings
$859
Median Rent
$183,700
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three-home triplex on a highway-fronting site with month-to-month rentals and an on-site billboard producing income.
Where is this triplex located?
The property is located at 19649 Highway 314 Belen, NM.
What is the asking price?
The asking price for this property is $649,950.
What are key features of this property?
This property features: Three homes on 3.19 acres; Approximately 616 feet of highway frontage; Two accessory dwellings are single‑wide homes
More about this property
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