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Off market
  • $413,700

    504 S 5th St, Raton, NM 87740

    --beds
    0baths
    5,457sqft
    MultiFamily
    Built in 1923
    -- sqft lot
    $413,700 Zestimate®
    $76/sqft
    $1,348 Estimated rent

    Home value

    $413,700

    $368,000 - $467,000

    $1,348/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,348/mo

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    $1,348/mo

    Rent Zestimate®

    Refinance and save

    $2,402/mo

    Est. payment

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    $2,402/mo

    Est. payment

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    What's special

    Great investment opportunity! Live in the house and have 7 rental units or rent all of the property for a great return on your investment! Updated and move in ready apartments and home. New flooring and paint throughout inside and paint on exterior! Updated apartments are at full capacity right now! 5 large studio apartments and 2 one bedroom apartments. On site laundry area, on and off street parking. One covered carport. House on site is 2 bedroom , one bath, updated with new paint, floors and kitchen. Tucked under the home are 3 garage/storage areas and storage room. All can be added to rental income if needed or included! Large corner lot and great neighborhood close to schools and walking distance to downtown Raton! This setup is ideal for a property manager to live in the home and manage on site! Opportunity is knocking! Call today to schedule a tour!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Laminate, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 5,457 sqft

    Property

    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 1135185128479

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1923

    Utilities & green energy

    • Utilities for property: Electricity, Sewer, Water-City, Garbage

    Community & neighborhood

    Location
    • Region: Raton

    Other

    Other facts
    • CONSTRUCTION: Frame
    • ROOF: Pitched, Shingles
    • UTILITIES: Electricity, Sewer, Water-City, Garbage
    • EXTRAS: Landscaped
    • Type: Multi Unit 5+
    • Property Disclosure: Yes
    • UTILITY BILLS AVAILABLE: Yes
    • STYLE: Multi Level

    Price history

    DateEventPrice
    6/12/2023Pending sale$375,000$69/sqft
    Source: New Mexico MLS #20231862 Report a problem
    5/25/2023Listed for sale$375,000$69/sqft
    Source: New Mexico MLS #20231862 Report a problem
    5/14/2023Pending sale$375,000$69/sqft
    Source: New Mexico MLS #20231862 Report a problem
    4/22/2023Listed for sale$375,000+36.4%$69/sqft
    Source: New Mexico MLS #20231862 Report a problem
    2/14/2019Sold--
    Source: Agent Provided Report a problem
    12/26/2018Listed for sale$275,000+73%$50/sqft
    Source: REALTY ONE of SANTA FE #20185759 Report a problem
    4/20/2018Listing removed$159,000$29/sqft
    Source: REALTY ONE of SANTA FE #20181274 Report a problem
    3/20/2018Listed for sale$159,000$29/sqft
    Source: REALTY ONE of SANTA FE #20181274 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,546 +1.3%$92,974 +3%
    2024$2,513 +24.4%$90,266 +3%
    2023$2,020 +3.5%$87,637 +3%
    2022$1,953 +0.3%$85,085
    2021$1,947 -2.3%$85,085 +2.5%
    2020$1,993 +3.9%$82,977 +3%
    2019$1,917 +15%$80,561 +3%
    2018$1,667 +11.7%$78,214 +3%
    2017$1,492 $75,936 +6.1%
    2015-- $71,578 +6.1%
    2013-- $67,469

    Find assessor info on the county website

    Neighborhood: 87740

    Nearby schools

    GreatSchools rating
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