C-1 Zoned Residential/Commercial Income or Multifamily Property. Rare opportunity to own a turnkey residential/commercial property just off of Sudderth Drive. This property offers flexibility for investment, multi-generational living, or home based business use. All on just over 1/3 acre.
Total Living Space: 3,300 Sq. Ft.
6 Bedrooms, 4 Bathrooms
Property includes:
- 2,175 Sq. Ft. Primary Residence: 3 bedroom, 2 bath with solar panels that significantly reduce electricity costs.
- 750 Sq. Ft. Attached Unit - 2 bedroom, 1 bath. Great mother-in-law quarters or rental unit. Used as short term rental since 2020.
- 400 Sq. Ft. Detached Studio Cabin. Kitchenette, Queen Bed, 3/4 Bath, Mini-Split. Used as short term rental since 2019.
- 288 Sq. Ft. Detached Cabin. Pet bathing station, storage, and mini split (ideal for pet grooming business or private use).
The two rental units have been successfully operated as AirBnb/VRBO properties for 7 years with a track record of over $22,000 annual revenue. Both are being sold fully furnished, including appliances, TV's, beds, mattresses, linens, and current decor. Turnkey and ready to generate income day one.
Additional Features;
- Separate rear lot , with access from Walnut Drive. Lot has space for a mobile home , with utilities within access to the lot.
- All properties are on water filter and softener.
- Three sided wood burning fire place in primary residence.
- Fenced garden in the from of property.
- Parking for 6-7 automobiles.
- Fires and Floods have not impacted this property.
- Residential and commercial flexibility. Live in primary united rent the others. Or, operate as a full investment property.
For sale by owner
$649,000
108 Horton Cir, Ruidoso, NM 88345
6beds
3,300sqft
Est.:
MultiFamily
Built in 1960
-- sqft lot
$-- Zestimate®
$197/sqft
$-- HOA
Overview
What the owner loves about this home
Provides a safe and quiet living environment. The possibilities for this property are endless! Operating a rental property business, or use as a multi-family residence or investment. This is mountain living at it's best!
- 35 days |
- 151 |
- 8 |
Listed by:
Property Owner (505) 319-1663
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 3
Heating
- Forced air, Heat pump, Electric, Gas
Cooling
- Other, Solar, Wall
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Softwood, Tile
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 3,300 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off-street
Features
- Exterior features: Shingle, Wood, Wood products
- Has view: Yes
- View description: Mountain
Lot
- Size: 0.5 Acres
Details
- Parcel number: 4074065318365000000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1960
Community & HOA
Location
- Region: Ruidoso
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $275,526
- Annual tax amount: $2,691
- Date on market: 4/9/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,984/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $649,000+8.3%$197/sqft |
Source: Owner Report a problem | ||
| 9/2/2025 | Listing removed | $599,000$182/sqft |
Source: | ||
| 8/25/2025 | Listed for sale | $599,000$182/sqft |
Source: | ||
| 8/16/2025 | Listing removed | $599,000$182/sqft |
Source: | ||
| 7/19/2025 | Price change | $599,000-4.8%$182/sqft |
Source: | ||
| 5/29/2025 | Price change | $629,500-3.1%$191/sqft |
Source: | ||
| 9/23/2024 | Listed for sale | $649,500+160.3%$197/sqft |
Source: | ||
| 2/23/2018 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/9/2017 | Pending sale | $249,500$76/sqft |
Source: Coldwell Banker SDC #120645 Report a problem | ||
| 9/12/2017 | Listed for sale | $249,500$76/sqft |
Source: Coldwell Banker SDC #120645 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,691 -3.2% | $91,842 +3% |
| 2023 | $2,780 -0.4% | $89,167 +3% |
| 2022 | $2,790 +7.1% | $86,570 |
| 2021 | $2,604 -0.9% | $86,570 |
| 2020 | $2,628 +4.8% | $86,570 |
| 2019 | $2,508 +13.8% | $86,570 +13.2% |
| 2018 | $2,203 +53.1% | $76,504 +51.8% |
| 2017 | $1,439 | $50,401 -20% |
| 2015 | $1,439 -15% | $62,980 +3% |
| 2014 | $1,692 +22.9% | $61,145 +12.6% |
| 2010 | $1,377 | $54,322 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 1.5 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 108 Horton Cir







