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Four-Building Multifamily Property
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600 N 2nd Street, Raton, NM 87740

Multi-structure residential property with rental, remodeling, storage, and outdoor-use options.

Property SizeContact for details
Days on Market132

Property Features for 600 N 2nd Street

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence just needs a little TLC

Additional Details

Public Transit Yes
Multifamily Units 6

Building Details

Buildings 4
Listing Agency: Realty One of New Mexico Raton
Listed By: Wendy Mileta · License #19831
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 10:26PM

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 Raton

Investment Insights

Based on property information with market context.

This multifamily property includes four buildings on one site: two duplex structures, a main house, and a cabin. The duplexes offer the possibility of reconfiguring individual units, while the main house is ready for occupancy or immediate rental. The cabin requires additional work before it can be used by tenants. A two-car garage and carport provide covered space for storage or workshop use, and a grassed area separates the buildings for outdoor enjoyment or landscaping.

Located on N 2nd Street in Raton, the property is within walking distance of downtown, the train station, restaurants, and the library. The combination of multiple residential structures, existing livable space, and additional buildings requiring improvements creates a varied multifamily configuration.

Key Highlights

  • Four buildings on one site, including two duplex buildings, a main house, and a cabin
  • Two‑car garage plus carport for storage or workshop use
  • Main house is ready for occupancy or immediate rental

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Electrical Service Pharmacy Law Firm Big Box & Wholesale Store Plumbing Service

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

398
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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multi-structure residential property with rental, remodeling, storage, and outdoor-use options.
Where is this multifamily property located?
The property is located at 600 N 2nd Street Raton, NM.
What are key features of this property?
This property features: Four buildings on one site, including two duplex buildings, a main house, and a cabin; Two‑car garage plus carport for storage or workshop use; Main house is ready for occupancy or immediate rental
(575) 707-1662 Call to check price and availability
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