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Remodeled 5-Unit Apartment Building
For Sale
$599,000

808 N Roselawn Ave, Artesia, NM 88210

Commercial Sale, Artesia, NM

Property SizeContact for details
Lot Size0.08 Acres
Days on Market154

Property Features for 808 N Roselawn Ave

General Information

Property type Commercial Sale
Property subtype Other
Directions From Main North on Roselawn to 808-818 N Roselawn
Subdivision New Mexico Mls
Standard status Active
APN See Exhibit "B"
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description See Exhibit "A"
Tax Annual Amount 977
Legal Description See Exhibit "A"

Building Details

Year built 1978
Floors in Building 1
Flooring type Wood
Building materials Block - Cinder, Brick, Concrete, Crawlspace, Frame, Log, Masonry, Metal Frame, Siding, Slump Block, Fiberglass, Styrofoam, Clay Tile, Concrete Block, Mission Stone
Roof type Shingle
Listing Agency: Harwell & Associates Real Estate
Listed By: Karen S Miller · License #47241
Added: May 19 Changed: Oct 6 Last Checked: Oct 19 at 12:06AM
MLS# 20263013

Copyright © 2026 New Mexico 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 multifamily property contains five apartments, each configured with two bedrooms and one bathroom. The units have undergone remodeling that includes new flooring, interior and exterior paint, updated cabinetry and sinks, replacement windows, kitchen appliances, electrical improvements, lighting fixtures, and split-system units. Wood flooring and shingle roofing are also identified among the property features.

Constructed in 1978, the building occupies 0.08 acres in Artesia, New Mexico. The property is located at 808 N Roselawn Ave in the 88210 postal area, providing a defined residential income asset with multiple renovated units.

Key Highlights

  • Five remodeled apartment units
  • Each apartment has 2 bedrooms and 1 bathroom
  • Renovations include flooring, paint, windows, cabinets, sinks, and lighting

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Garden Center Law Firm Catering 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 88210, NM

18,571
Population
7,851
Households
2.4
Avg Household Size
35
Median Age
19%
College-Educated
86%
High-School Grad
1,287.3 sq mi
ZIP Area
14
Density / Sq Mi
$80,423
Median Household Income
$47,725
Median Earnings
$925
Median Rent
$213,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Updated multifamily property with renovated interiors, refreshed exteriors, and practical in-unit features.
Where is this apartment building located?
The property is located at 808 N Roselawn Ave Artesia, NM.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Five remodeled apartment units; Each apartment has 2 bedrooms and 1 bathroom; Renovations include flooring, paint, windows, cabinets, sinks, and lighting
More about this property
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