For sale

$350,000

703 W Calle Sur St, Hobbs, NM 88240

--beds

--baths

--sqft

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Multi Family

Built in 1981

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Two accessible ground-level unitsTwo upper-level units

INVESTMENT OPPORTUNITY! Whether you are looking to expand your real estate portfolio or dive into the multi-family market, this property checks every single box. Located in North Hobbs just minutes away from shopping centers, grocery stores, and retail, this fourplex features four 2-bedroom, 1-bathroom units divided evenly with two accessible ground-level units on the first floor and two upper-level units on the second floor. The building is currently fully rented with tenants already in place, allowing you to start collecting income on day one! CALL TODAY FOR MORE DETAILS!

10 days

486

20

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Facts & features

Interior

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Free-Standing Range, Refrigerator

Features

Flooring: Carpet, Laminate, Tile
Has fireplace: No

Property

Lot

Size: 4,761 Square Feet
Dimensions: 69 x 69

Details

Parcel number: 4000757020001

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Siding
Foundation: Slab
Roof: Pitched,Shingle

Condition

Year built: 1981

Utilities & green energy

Water: City
Utilities for property: Electricity Connected, Sewer Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Hobbs

Financial & listing details

Tax assessed value: $146,847
Annual tax amount: $2,701
Date on market: 6/14/2026
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/14/2026	Listed for sale	$350,000
Source: New Mexico MLS #20263487 Report a problem
5/17/2025	Listing removed	$900
Source: Zillow Rentals Report a problem
5/11/2025	Listed for rent	$900+20%
Source: Zillow Rentals Report a problem
12/20/2019	Listing removed	$750
Source: Empire Real Estate Group Report a problem
12/14/2019	Listed for rent	$750
Source: Empire Real Estate Group Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,133 +1.7%	$48,949 +3%
2024	$1,114 +1.6%	$47,532 +3%
2023	$1,096 +4.7%	$46,155 +3%
2022	$1,047 +3.3%	$44,819 +3%
2021	$1,014 +5.1%	$43,513 +3%
2020	$965 +5.1%	$42,253 +3%
2019	$919 +4.2%	$41,022 +3%
2018	$882 -24.4%	$39,827 -65.7%
2017	$1,166 +43.2%	$116,001 +3%
2016	$814	$112,620 +3%
2015	$814	$109,341 +3%
2014	--	$106,155 +3%
2013	--	$103,065 +3%
2012	--	$100,062 +3%
2011	--	$97,149 +3.6%
2010	--	$93,735

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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