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Historic Multifamily Property
For Sale
$450,000

303 Eaton Avenue, Socorro, NM 87801

The offering combines three buildings with potential for as many as seven residential units.

Property Size4,023 SF
Price / SF$111.86
Days on Market11

Property Features for 303 Eaton Avenue

General Information

Standard status Active
Size 4,023 SF
Property subtype Residential Income
Zoning R-1

Taxes and HOA fees

Annual Taxes $734

Amenities

Carpet,Laminate
true
2
3
Washer Hookup,Dryer Hookup,In Unit
Plans
1.06
Public Records
4023
1

Building Details

Building Size 4,023 SF
Year Built 1893
Buildings 3
Stories 1
Listing Agency: Realty One of New Mexico
Listed By: Melissa Martinez
Source: Homeauthority
Added: Oct 20 Changed: Oct 28 Last Checked: Oct 28 at 2:55PM

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 Realty One of New Mexico

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Investment Insights

Based on property information with market context.

Three buildings are included in this multifamily property, with plans indicating potential for up to seven units. The principal building dates to 1893 and retains original architectural details. The property is zoned R-1.

The site was added to the National Register of Historic Places in 1991. Its historic designation and multi-building configuration distinguish the property while preserving the potential for a residential layout of as many as seven units.

Key Highlights

  • Three buildings included in the sale
  • Potential for up to seven units
  • Main building constructed in 1893

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 87801, NM

9,934
Population
4,272
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
177.3 sq mi
ZIP Area
56
Density / Sq Mi
$54,032
Median Household Income
$30,083
Median Earnings
$676
Median Rent
$165,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The offering combines three buildings with potential for as many as seven residential units.
Where is this multifamily property located?
The property is located at 303 Eaton Avenue Socorro, NM.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three buildings included in the sale; Potential for up to seven units; Main building constructed in 1893
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