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Duplex in Milan, New Mexico

701 Lava Milan, NM 87021

701 Lava, Milan, NM, 87021
$139,000
For Sale
$139,000

MULTI_FAMILY - Milan, NM

Property Size1,922 SF
Lot Size0.38 Acres
Price / SF$72.32
Days on Market423

Property Features for 701 Lava

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Appliances
Refrigerator
Standard status
Active
APN
2058063110323
Size
1,922 SF
Lot size
0.38 Acres

Taxes and HOA fees

Tax Annual Amount
584

Utilities

Heating system
Central, Forced Air

Building Details

Year built
1977
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Frame, Stucco
Listing Agency Realty One of New Mexico
4121 Wyoming Blvd NE, Albuquerque, NM
Listed by Anna T Carabajal · License #50510
Added: May 20, 2025 Checked: Jul 16 at 8:06 pm
MLS# 1084438 Listing URL

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 duplex, located in Milan, New Mexico, offers an investment opportunity with two units. The first unit includes 3 bedrooms and 2 baths, while the second features 2 bedrooms and 1 bath. The property has a spacious 0.38-acre lot, suitable for parking a manufactured home to potentially add another income-generating unit. Each unit is equipped with separate electric and gas meters, providing independent utilities for tenants. Both units currently have long-term renters. The property is cooled by swamp coolers and has a metal roof. The property has 1922 square feet of space.

Key Highlights

  • Duplex in Milan, NM with two units: 3 bed/2 bath and 2 bed/1 bath
  • Separate electric and gas meters for independent utilities for each unit
  • Both units have long‑term renters in place

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Versatile duplex with long-term renters, ideal for investment.
Where is this duplex located?
The property is located at 701 Lava Milan, NM.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Duplex in Milan, NM with two units: 3 bed/2 bath and 2 bed/1 bath; Separate electric and gas meters for independent utilities for each unit; Both units have long‑term renters in place
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