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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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    Rent Zestimate®

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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#: 20246010MLS Logo

    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

    DateEventPrice
    5/30/2025Sold--
    Source: New Mexico MLS #20246010
    4/4/2025Pending sale$179,000
    Source: New Mexico MLS #20246010
    11/26/2024Price change$179,000-5.7%
    Source: New Mexico MLS #20246010
    10/14/2024Listed for sale$189,900
    Source: New Mexico MLS #20246010

    Public tax history

    YearProperty taxesTax 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