This unique property presents an exceptional investment opportunity with incredible versatility. Situated on over an acre, the property includes two lots and three separate homes, offering potential for income or multi-generational living. The front home features approximately 1,120 sq. ft. with 3 bedrooms and a 3/4 bath, while the middle structure is an efficiency apartment complete with a spacious bedroom, living area, and 3/4 bath. The rear home offers 3 bedrooms, 1.75 baths, and its own 2-car garage! The property also includes a detached single-car garage, multiple storage sheds, and various outbuildings--ideal for hobbyists, storage, or workspace needs. Mature trees and a beautiful rock wall enhance the property's character and outdoor appeal priced to be SOLD IN THE AS-IS CONDITION!!!
For sale
$384,900
158 Independence Ave, Las Vegas, NM 87701
7beds
4baths
3,515sqft
Est.:
Multi Family, Single Family Residence
Built in 1950
-- sqft lot
$-- Zestimate®
$110/sqft
$-- HOA
What's special
Beautiful rock wallOver an acreMultiple storage shedsDetached single-car garageThree separate homesTwo lotsMature trees
- 14 days |
- 670 |
- 33 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jonathan M Ortiz 505-363-8451,
Southwest Elite Real Estate 505-798-6333,
Andrea A Romero 505-610-6481,
Southwest Elite Real Estate
Source: SWMLS,MLS#: 1100794
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Central, Wall Furnace
Appliances
- Included: Free-Standing Gas Range, Disposal, Refrigerator
Features
- Flooring: Carpet, Tile
Interior area
- Total structure area: 3,515
- Total interior livable area: 3,515 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.41 Acres
Details
- Parcel number: 1094092521323
- Zoning description: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Storage Facilities
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $131,259
- Annual tax amount: $2,100
- Date on market: 3/30/2026
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional
- Total actual rent: 0
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$3,173/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $384,900$110/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $995 -11.1% | $43,753 +3% |
| 2024 | $1,119 +2.5% | $42,478 +3% |
| 2023 | $1,092 +4.9% | $41,242 +3% |
| 2022 | $1,041 +4.4% | $40,040 +3% |
| 2021 | $997 +8.5% | $38,874 +6.1% |
| 2018 | $919 +7.1% | $36,643 +3% |
| 2017 | $858 +6.5% | $35,576 +9.3% |
| 2013 | $806 +11.5% | $32,554 +6.1% |
| 2011 | $723 | $30,684 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,065/mo
Principal & interest
$1885
Property taxes
$180
More affordability tools
Climate risks
Neighborhood: 87701
Nearby schools
GreatSchools rating
- 4/10Union Elementary SchoolGrades: 5Distance: 0.5 mi
- 1/10W Las Vegas Middle SchoolGrades: 6-8Distance: 0.1 mi
- 3/10W Las Vegas High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- San Miguel County
- Las Vegas
- 87701
- 158 Independence Ave




