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For sale
  • $429,900

    106 Inca St, Elephant Butte, NM 87935

    4beds
    3baths
    1,940sqft
    : 
    Multi Family
    Built in 2026
    -- sqft lot
    $421,900 Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Clean contemporary lookQuality finishes throughoutOpen functional layoutsStylish granite countertopsSleek stainless steel appliancesBeautiful white shaker cabinetsThree well-designed units
    Brand-New 2026 Triplex – Prime Investment or Owner-Occupant Opportunity! Don’t miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished with stylish granite countertops, sleek stainless steel appliances, and beautiful white shaker cabinets, offering a clean, contemporary look that tenants will love. With open, functional layouts and quality finishes throughout, this triplex is perfect for investors seeking strong rental potential or for an owner-occupant looking to live in one unit while generating income from the other two. Conveniently located near outdoor recreation, hot springs, and local amenities, this property combines lifestyle and investment appeal in one package. Whether you’re expanding your portfolio or looking for a smart live-in investment, this property is a must-see!
    50 days
    |
    35
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheryl Shipley 509-768-1820,

    Rio Mesa Realty 509-768-1820

    Source: New Mexico MLS,MLS#: 20261845MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Cooktop, Dishwasher, Microwave, Free-Standing Range, Refrigerator, Oven
      • Laundry: None
      Features
      • Ceiling Fan(s)
      • Flooring: Laminate, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,940
      • Total interior livable area: 1,940 sqft
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      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 5,000.69 Square Feet
      • Dimensions: 50 x 100
      Details
      • Parcel number: 2922933674400

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Stucco
      • Roof: Pitched,Shingle
      Condition
      • Year built: 2026

      Utilities & green energy

      • Water: City
      • Utilities for property: Sewer Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Elephant Butte

      Financial & listing details

      • Price per square foot: $222/sqft
      • Annual tax amount: $1,999
      • Date on market: 3/31/2026
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        Estimated market value

        $421,900

        $401,000 - $443,000

        $1,709/mo

        Price history

        DateEventPrice
        3/31/2026Listed for sale$429,900$222/sqft
        Source: New Mexico MLS #20261845 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 87935

          Getting around

          11 / 100
          Car-Dependent
          21 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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