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106 Inca Street, 
Elephant Butte, NM 87935

$429,900

2

Beds

3

Baths

1,940

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Cheryl Shipley

Rio Mesa Realty

509-768-1820

Last updated:

April 3, 2026, 03:33 PM

MLS#

20261845

Source:

NM RANM

About This Home

106 Inca Street

Brand-New 2026 Triplex – Prime Investment or Owner-Occupant Opportunity! Don’t miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished with stylish granite countertops, sleek stainless steel appliances, and beautiful white shaker cabinets, offering a clean, contemporary look that tenants will love. With open, functional layouts and quality finishes throughout, this triplex is perfect for investors seeking strong rental potential or for an owner-occupant looking to live in one unit while generating income from the other two. Conveniently located near outdoor recreation, hot springs, and local amenities, this property combines lifestyle and investment appeal in one package. Whether you’re expanding your portfolio or looking for a smart live-in investment, this property is a must-see!

Home Facts

Multi-Family

3 Baths

2 Bedrooms

Built in 2026

Price Summary

429,900

$221 per Sq. Ft.

MLS #:

20261845

Last Updated:

April 3, 2026, 03:33 PM

Added:

8 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

1,940 Sq. Ft.

Structure

Structure

Building Area:

1,940 Sq. Ft.

Year Built:

2026

Lot

Lot Size (Sq. Ft):

5,000

Finances & Disclosures

Finances

Price:

$429,900

Price per Sq. Ft:

$221 per Sq. Ft.

Source:NM RANM
The information being provided by New Mexico Multi-Board Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New Mexico Multi-Board Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.