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For sale
  • $715,000

    801 E 3rd St, Roswell, NM 88201

    15beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Attached carports
    Exceptional multi-family investment opportunity!! This property features five triplexes for a total of 15 units, all with a desirable 2 bedroom / 1 bath floor plan. All units offer attached carports with private laundry and storage rooms, a highly attractive amenity package for tenants. 12 of the 15 units are currently leased, providing instant income with plenty of upside. The property has been previously mismanaged, creating an excellent value-add opportunity for an investor ready to optimize operations. A couple of units are vacant and ready for remodeling, allowing you to update and lease at market rents quickly. Conveniently located just under a mile from Downtown Roswell with nearby shopping, this asset sits in an area with continued potential for improvement and long-term growth. Whether you're looking to start your investment portfolio or expand with a value-add property, this is a unique opportunity with strong fundamentals and room to elevate performance.
    15 days
    |
    238
    |
    7
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 01, 2025 at 05:18pm

    Listed by:

    Tiffany Green 575-703-9081,

    Century 21 Black Gold 575-736-0021

    Source: New Mexico MLS,MLS#: 20256766MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Included: Free-Standing Range
    Features
    • Flooring: Tile
    • Has fireplace: No

    Property

    Parking
    • Parking features: Covered
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 1.39 Acres
    Details
    • Parcel number: See associated docs

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • Year built: 1960

    Utilities & green energy

    • Electric: Separate Meters
    • Gas: Meters(Gas Separate)
    • Water: City, Combined Meters
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Roswell

    Financial & listing details

    • Tax assessed value: $58,459
    • Annual tax amount: $3,533
    • Date on market: 12/1/2025
    • Electric utility on property: Yes
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/1/2025Listed for sale$715,000
    Source: New Mexico MLS #20256766 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$530 -0.2%$19,486 +3%
    2023$531 +4%$18,919 +3%
    2022$511 +9.7%$18,368 +11%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $4,119/mo
    Principal & interest
    $3488
    Property taxes
    $381
    Home insurance
    $250

      Climate risks

      Neighborhood: 88201

      Nearby schools

      GreatSchools rating
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