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For sale
  • $449,000

    108 Service Rd, Ruidoso, NM 88345

    6beds
    2,769sqft
    : 
    Residential, Triplex
    Built in 1943
    -- sqft lot
    $435,000 Zestimate®
    $162/sqft
    $-- HOA

    What's special

    Well-maintained units
    RARE TRI-PLEX in Ruidoso, NM! This unique 2,769 +- sq ft, great investment opportunity, features 3 well-maintained units. Each unit has 2 bedrooms and 1 bath. Located near bustling Sudderth Dr., it offers both convenience and appeal. Currently, two of the units are rented at $750/month each, while the third commands $1,200/month, with projected future rents potentially higher. This creates a robust rental income stream and an impressive cap rate. Ideal for investors or those seeking a multifamily living arrangement, this tri-plex combines location, income potential, and long-term value. Don't miss out on this rare passive income producing Tri-Plex!
    93 days
    on Zillow
    |
    115
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2025 at 08:47am

    Listed by:

    Patrick Valliant 575-213-5669,

    Better Homes & Gardens Real Estate - Steinborn & Associates 855-784-3676

    Source: RLCMLS,MLS#: 131983MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 108 Service Rd.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
    Features
    • Appliances Only
    • Flooring: Carpet, Tile
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,769
    • Total interior livable area: 2,769 sqft

    Property

    Parking
    • Parking features: Parking Lot, Paved
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch
    • Exterior features: Balcony, Dog Run
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s), Trees/Woods
    Lot
    • Size: 7,405.2 Square Feet
    • Features: Cleared, Forestry Compliance, Level
    Details
    • Additional structures: Storage
    • Parcel number: 4074065116383000000
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mountain,See Remarks
    • Property subtype: Residential, Triplex
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • Fixer,Updated/Remodeled
    • Year built: 1943

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Palmer Gateway
    Location
    • Region: Ruidoso

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $176,646
    • Annual tax amount: $4,927
    • Date on market: 1/22/2025
    • Electric utility on property: Yes
    • Road surface type: Paved
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