507 Lea Ave Roswell, NM 88203
This exceptional investment opportunity presents a charming two-unit duplex ideally situated at 507 S Lea Avenue in Roswell, New Mexico. Built in 1975, this special purpose property sits on a generous 10,100 square foot lot, offering ample space and potential for future development or expansion. The asking price is $168,000, representing a compelling entry point into the Roswell real estate market. The property's location in Chaves County, zip code 88203, provides convenient access to local amenities and services. While current photos are limited, further details and updated imagery will be available shortly. This duplex presents a strong potential for rental income and capital appreciation, making it an attractive option for both seasoned investors and those new to the market. The property's size and location in Roswell, New Mexico, offer significant upside potential. Serious inquiries are encouraged to explore this promising investment opportunity further. Act quickly, as properties like this are in high demand. The property is located at 33.3882313 latitude and -104.5284286 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.