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701 Lava, 
Milan, NM 87021

$139,000


3

Beds


2

Baths


1,922

Sq Ft


Multi-Family

Active

Listed by

Anna T Carabajal

Realty One Of New Mexico

505-883-9400

Last updated:

June 13, 2025, 02:14 PM

MLS#

1084438

Source:

NM SWMLS

About This Home

701 Lava

This versatile duplex in Milan, New Mexico, presents a fantastic investment opportunity with two distinct units. The first unit features 3 bedrooms and 2 baths, while the second offers 2 bedrooms and 1 bath. In addition, the property includes a spacious lot, ideal for parking a manufactured home to add another income-generating unit.Each unit is equipped with separate electric and gas meters, ensuring independent utilities for tenants. Both units currently have long-term renters in place, providing steady income. Swamp coolers offer efficient cooling, while the durable metal roof enhances the property's longevity.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1977

Price Summary

139,000

$72 per Sq. Ft.

MLS #:

1084438

Last Updated:

June 13, 2025, 02:14 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,922 Sq. Ft.


Structure

Structure

Building Area:

1,922 Sq. Ft.

Year Built:

1977


Lot

Lot Size (Sq. Ft):

16,552


Finances & Disclosures

Finances

Price:

$139,000

Price per Sq. Ft:

$72 per Sq. Ft.

Source:NM SWMLS
The information being provided by Southwest Multiple Listing Service 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. © 2025 Southwest Multiple Listing Service All rights reserved.

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