Excellent investment opportunity** in Artesia with this 100% fully occupied 4-unit multifamily property featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom units, all equipped with mini-split HVAC systems and appliances that convey with the sale; Units have been recently updated with potential for further improvements, offering a strong combination of current income and long-term value-add opportunity; A shared covered patio by the front doors provides a comfortable seating area for tenants; **Listed below appraised value** this property offers immediate cash flow with below-market rents and room to raise rates; Landlord-paid utilities are limited to water, trash, and sewer, keeping operating costs low while tenants cover all other utilities; Property has been well maintained, making this a rare opportunity to acquire a solid investment in a stable rental market; Don't miss your chance to acquire a value-add asset in a steady rental market.
Pending
$299,000
1510 W Yucca Ave, Artesia, NM 88210
3beds
3,150sqft
Est.:
SingleFamily
Built in ----
3,123.25 Square Feet Lot
$-- Zestimate®
$95/sqft
$-- HOA
What's special
Shared covered patioMini-split hvac systems
- 14 days
- on Zillow |
- 183 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 02:30pm
Listed by:
Karen Miller 575-703-6121,
Harwell & Associates Real Estate 575-748-1036
Source: New Mexico MLS,MLS#: 20252065

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Free-Standing Range
Features
- Has fireplace: No
Interior area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
Lot
- Size: 3,123.25 Square Feet
- Dimensions: 55 x 116.90 & 55 x 116.90 (2 Lot)
Details
- Parcel number: 4151098424375 &4151098419375
Construction
Type & style
- Home type: SingleFamily
Materials
- Stucco
- Roof: Membrane
Condition
- New construction: No
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Subdivision: Vaswood
HOA
- Has HOA: No
Location
- Region: Artesia
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $3,161
- Annual tax amount: $571
- Date on market: 4/11/2025
- Electric utility on property: Yes
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