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For sale
  • Price cut: $24K (6/7)
    $425,000

    108 Service Rd, Ruidoso, NM 88345

    6beds
    2,769sqft
    : 
    Residential, Multi Family, Triplex
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $153/sqft
    $-- HOA

    What's special

    Well-maintained units
    RARE TRI-PLEX in Ruidoso, NM! This unique 2,769 +- sq ft, great investment opportunity, features 3 well-maintained units. Each unit has 2 bedrooms and 1 bath. Located near bustling Sudderth Dr., it offers both convenience and appeal. Updates include: New 2x6 framing, new gas lines, new furnaces, new incoming water lines, new fixtures, electricity brought up to code, and new sewer lines. Fully rented, consistent 10 year plus month to month renters. This creates a robust rental income stream and an impressive cap rate. Ideal for investors or those seeking a multifamily living arrangement, this tri-plex combines location, income potential, and long-term value. Don't miss out on this rare income producing Tri-Plex!
    199 days
    on Zillow
    |
    95
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 10:56am

    Listed by:

    Patrick Valliant 575-213-5669,

    Better Homes & Gardens Real Estate - Steinborn & Associates 855-784-3676

    Source: RLCMLS,MLS#: 131983MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 108 Service Rd.

    Next available tour time:Today at 6pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
    Features
    • Appliances Only
    • Flooring: Carpet, Tile
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,769
    • Total interior livable area: 2,769 sqft

    Property

    Parking
    • Parking features: Parking Lot, Paved
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch
    • Exterior features: Balcony, Dog Run
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s), Trees/Woods
    Lot
    • Size: 7,405.2 Square Feet
    • Features: Cleared, Forestry Compliance, Level
    Details
    • Additional structures: Storage
    • Parcel number: 4074065116383000000
    • Zoning: C2
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mountain,See Remarks
    • Property subtype: Residential, Multi Family, Triplex
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • Fixer,Updated/Remodeled
    • Year built: 1943

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Palmer Gateway
    Location
    • Region: Ruidoso

    Financial & listing details

    • Price per square foot: $153/sqft
    • Tax assessed value: $176,646
    • Annual tax amount: $4,927
    • Date on market: 1/22/2025
    • Electric utility on property: Yes
    • Road surface type: Paved
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