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533 S 2nd Street, 
Raton, NM 87740

$144,500

2

Beds

1

Bath

1,208

Sq Ft

Single Family

Active

Listed by

Wendy Mileta

Realty One Of New Mexico - Raton

575-707-1662

Last updated:

June 1, 2026, 04:48 AM

MLS#

20263186

Source:

NM RANM

About This Home

533 S 2nd Street

Investment Opportunity in the Heart of Raton! This versatile property features a 2-bedroom, 1-bath main home paired with a separate 2-bedroom, 1-bath rental unit, offering exceptional flexibility for investors, house hackers, or multifamily living. Live in one unit while generating rental income from the other, or lease both units for maximum cash flow potential. Adding significant value, the property also includes three single-car garage/storage units located beneath the second rental unit, providing additional storage options, tenant convenience, and potential supplemental income. Ideally situated just minutes from downtown Raton, this property offers outstanding walkability. Residents enjoy quick access to the train station, coffee shops, library, shopping, and essential services—all within a short distance. With its dual-unit configuration, additional storage/garage spaces, and prime walkable location, this property delivers strong rental versatility and long-term investment upside in a highly convenient setting. Whether expanding your portfolio or starting your first investment property, this is a rare opportunity combining location, income potential, and multi-use functionality.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1940

Price Summary

144,500

$119 per Sq. Ft.

MLS #:

20263186

Last Updated:

June 1, 2026, 04:48 AM

Added:

3 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,208 Sq. Ft.

Structure

Structure

Building Area:

1,208 Sq. Ft.

Year Built:

1940

Lot

Lot Size (Sq. Ft):

7,000

Finances & Disclosures

Finances

Price:

$144,500

Price per Sq. Ft:

$119 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.