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Two-Unit Duplex with Garage
For Sale
Contact for pricing
Pending

533 & 533 1/2 South 2nd street, Raton, NM 87740

Residential-commercial zoning supports flexible living, rental, and business use.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market141

Property Features for 533 & 533 1/2 South 2nd street

General Information

Standard status Pending
Lot size 0.16 Acres
Property subtype Retail, Multifamily
Zoning residential-commercial

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Listing Agency: Willow Springs Realty & Property Management LLC
Listed By: Jessica Roybal · License #20819
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 4:00PM

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 Willow Springs Realty & Property Management LLC

Investment Insights

Based on property information with market context.

Located at 533 and 533 1/2 South 2nd Street in Raton, this duplex includes two independent residential units on a 7,000-square-foot lot. The primary dwelling contains 2 bedrooms, 1 full bathroom, and 1,208 square feet, with a living room and kitchen. A second 2-bedroom, 1-bathroom apartment provides 744 square feet above the detached garage and has its own entrance.

The detached structure includes a 3-car garage with additional space suitable for storage, vehicles, workshop activities, or business use. Alley access and extra parking are included. Residential-commercial zoning supports a range of living, rental, and home-based business arrangements. The property is currently tenant occupied and offers access to downtown Raton.

Key Highlights

  • Two residential units on a 7,000 sq ft lot
  • Main house has 2 bedrooms, 1 full bathroom, and 1,208 sq ft
  • Detached apartment includes 2 bedrooms, 1 bathroom, and 744 sq ft

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm Pharmacy Building Supply

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby

Demographics for 87740, NM

7,138
Population
3,889
Households
1.8
Avg Household Size
48
Median Age
19%
College-Educated
89%
High-School Grad
1,306.7 sq mi
ZIP Area
5
Density / Sq Mi
$52,856
Median Household Income
$32,093
Median Earnings
$734
Median Rent
$157,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Residential-commercial zoning supports flexible living, rental, and business use.
Where is this duplex located?
The property is located at 533 & 533 1/2 South 2nd street Raton, NM.
What are key features of this property?
This property features: Two residential units on a 7,000 sq ft lot; Main house has 2 bedrooms, 1 full bathroom, and 1,208 sq ft; Detached apartment includes 2 bedrooms, 1 bathroom, and 744 sq ft
(505) 309-1851 Call to check price and availability
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