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For sale by owner
  • $649,000

    108 Horton Cir, Ruidoso, NM 88345

    6beds
    3,300sqft
    : 
    MultiFamily
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $197/sqft
    $-- HOA

    Overview

    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.
    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

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,984/mo

        Price history

        DateEventPrice
        4/9/2026Listed for sale$649,000+8.3%$197/sqft
        Source: Owner Report a problem
        9/2/2025Listing removed$599,000$182/sqft
        Source: RLCMLS #131635 Report a problem
        8/25/2025Listed for sale$599,000$182/sqft
        Source: RLCMLS #131635 Report a problem
        8/16/2025Listing removed$599,000$182/sqft
        Source: RLCMLS #131635 Report a problem
        7/19/2025Price change$599,000-4.8%$182/sqft
        Source: RLCMLS #131635 Report a problem
        5/29/2025Price change$629,500-3.1%$191/sqft
        Source: RLCMLS #131635 Report a problem
        9/23/2024Listed for sale$649,500+160.3%$197/sqft
        Source: RLCMLS #131635 Report a problem
        2/23/2018Sold--
        Source: Agent Provided Report a problem
        10/9/2017Pending sale$249,500$76/sqft
        Source: Coldwell Banker SDC #120645 Report a problem
        9/12/2017Listed for sale$249,500$76/sqft
        Source: Coldwell Banker SDC #120645 Report a problem

        Public tax history

        YearProperty taxesTax 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

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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: 88345

          Getting around

          1 / 100
          Car-Dependent
          1 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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