An Opportune business venture. This three unit, one level building is ideal for a large family vacation home or to use as rentals. Close to the Ruidoso Downs Race Track and Casino, only ten minutes give or take to beautiful Ruidoso midtown. Ruidoso Downs, a picturesque community in New Mexico
renowned for its natural beauty and recreational opportunities, offers a unique opportunity for real estate investment with its A tri plex zoned R-1 properties. The R-1 zoning designation typically accommodates single-family residential units, promoting a peaceful and suburban atmosphere. 48 hour notice for units #2 & #3 #1 is vacant.
For sale
$340,000
108 Spring Rd, Ruidoso Downs, NM 88346
6beds
2,100sqft
Est.:
Residential, Multi Family, Triplex
Built in 1945
-- sqft lot
$331,000 Zestimate®
$162/sqft
$-- HOA
What's special
- 80 days
- on Zillow |
- 119 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: March 05, 2025 at 01:46pm
Listed by:
Briggs Legacy 575-937-5654,
Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso 575-257-4011
Source: RLCMLS,MLS#: 132033

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Gas Range, Gas Water Heater
Features
- Appliances Only, Ceiling Fan(s)
- Flooring: Carpet, Tile
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Parking
- Parking features: Gravel, Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Other
- Exterior features: Rain Gutters
- Fencing: Partial,Wood
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: None
Lot
- Features: Corner Lot, Gentle Sloping, Irregular Lot, Level, Sloped
Details
- Additional structures: None
- Parcel number: 4077065135099000000
- Zoning description: R1
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Residential, Multi Family, Triplex
Materials
- Board & Batten Siding, Log, Stone Veneer
- Roof: Metal,Pitched
Condition
- Updated/Remodeled
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Palo Verde
HOA
- Amenities included: None
- Services included: None
Location
- Region: Ruidoso Downs
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $78,144
- Annual tax amount: $3,548
- Date on market: 2/5/2025
- Electric utility on property: Yes
- Road surface type: Gravel
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