Multifamily Property with Mobile
New
For Sale
$345,000
604 Joseph Avenue, Estancia, NM 87016
CommercialSale, Estancia, NM
Property SizeContact for details
Lot Size0.46 Acres
Days on Market3
Property Features for 604 Joseph Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R-1
Parking
1012
Fencing
Fenced
Directions
From the intersection of I-40 and Hwy 41 in Moriarty, head South on Hwy 41 for approximately 17 miles into Estancia. Turn West on Joseph Ave and go a block and a half. The property is on the South side of the road. Look for the sign.
Subdivision
292 - Estancia McIntosh
Standard status
Active
APN
R000947
Lot size
0.46 Acres
Taxes and HOA fees
Tax Annual Amount
251
Utilities
Heating system
Natural Gas
Cooling system
Window Unit(s)
Building Details
Floors in Building
1
Building materials
Frame
Buildings
2
Listing Agency:
Hawkeye Realty
Listed By:
Patrick Todd Sledge · License #19817
(505) 705-0162
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 25 at 7:06PM
MLS# 1113053
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.
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Investment Insights
Based on property information with market context.
This frame-construction multifamily property includes four apartments, each with one bedroom and one bathroom, plus a separate mobile home with two bedrooms and two bathrooms. The roof and stucco are described as newer. Heating is natural gas, and window units provide cooling. The parcel measures 0.46 acres and is fenced.
All units are occupied. The mobile home pays its own utilities; two apartments pay their own electricity, while the owner covers gas and water for the apartments.
All units are occupied. The mobile home pays its own utilities; two apartments pay their own electricity, while the owner covers gas and water for the apartments.
Key Highlights
- Four apartments, each with 1 bedroom and 1 bathroom
- Separate 2‑bedroom, 2‑bathroom mobile home
- 0.46‑acre fenced parcel
Property Analytics
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Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 87016, NM
3,091
Population
1,390
Households
2.2
Avg Household Size
44
Median Age
11%
College-Educated
90%
High-School Grad
582.6 sq mi
ZIP Area
5
Density / Sq Mi
$44,129
Median Household Income
$30,879
Median Earnings
$823
Median Rent
$117,400
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 - The property combines apartment residences with a separate mobile home on a fenced parcel.
Where is this multifamily property located?
The property is located at 604 Joseph Avenue Estancia, NM.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Four apartments, each with 1 bedroom and 1 bathroom; Separate 2‑bedroom, 2‑bathroom mobile home; 0.46‑acre fenced parcel
