Sold on 05/30/25
Price Unknown
110 E 2nd Ave, Truth Or Consequences, NM 87901
--beds
--baths
--sqft
Multi Family
Built in 1930
-- sqft lot
$143,700 Zestimate®
$--/sqft
$1,205 Estimated rent
Home value
$143,700
Estimated sales range
Not available
$1,205/mo
Zestimate® history
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Owner options
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What's special
Welcome to your next investment opportunity in the charming town of Truth or Consequences! This multi-family property is a gem waiting to be discovered, featuring six cozy studio apartments that are perfect for those seeking a simple, low-maintenance lifestyle. Imagine owning a piece of real estate near the famous hot springs that put this quirky New Mexico town on the map. Your future tenants will love the convenience of being just a stone's throw away from these natural wonders. Each of the six studio apartments comes with its own bathroom, ensuring privacy and comfort for all residents. Plus, with six units under one roof, you'll have multiple streams of rental income flowing in faster than you can say "Truth or Consequences" three times fast! The property's location is a major selling point. Besides the nearby hot springs, tenants will have easy access to local attractions, shops, and restaurants. They can explore the downtown area, check out the Geronimo Springs Museum, or take a short drive to Elephant Butte Lake State Park for some outdoor fun. As a new listing, this multi-family property won't stay on the market for long. It's a fantastic opportunity for investors looking to dip their toes (pun intended) into the world of rental properties. So why wait? Take the plunge and make this hot property yours before someone else does!
Zillow last checked: 8 hours ago
Listing updated: May 30, 2025 at 07:24am
Listed by:
Kaitlin Garcia 575-740-3146,
Better Homes & Gardens Real Estate / Steinborn & Associates
Bought with:
Cheryl Shipley, 20121
Rio Mesa Realty
Source: New Mexico MLS,MLS#: 20246010
Facts & features
Interior
Features
- Has fireplace: No
Property
Lot
- Size: 8,276 sqft
Details
- Parcel number: 3022078090386
- Special conditions: Arm Length Sale (Unrelated Parti
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Truth Or Consequences
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | -- |
Source: | ||
| 4/4/2025 | Pending sale | $179,000 |
Source: | ||
| 11/26/2024 | Price change | $179,000-5.7% |
Source: | ||
| 10/14/2024 | Listed for sale | $189,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,541 +19.1% | $50,814 +3% |
| 2023 | $1,294 +11.5% | $49,334 +3% |
| 2022 | $1,161 | $47,897 +3% |
Find assessor info on the county website
Neighborhood: 87901
Nearby schools
GreatSchools rating
- 3/10T Or C Elementary SchoolGrades: PK-3Distance: 1.1 mi
- 4/10T Or C Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Hot Springs High SchoolGrades: 9-12Distance: 1 mi