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5 Beds
3 Baths
2,000 sqft

$405,000

1323 4th St, Las Vegas NM, 87701

Price per sqft$202.50
Built in1940
Property size2,000 sqft
Property typeResidential
Courtesy of Raedawn Price with Oso Elite Realty

Overview

Active

Listed Oct 29, 2026

Updated 3 days ago

Flexible live-plus-income or investment property with three structures totaling approximately 2,000 sq ft. Ideal for an owner who wants to occupy one unit while generating rental income from the others, or for an investor seeking multi-unit cash flow. The compound layout offers separate living spaces with their own access, making it well-suited for multigenerational living, student or staff housing, or long-term rentals. Features include hardwood floors, covered porch areas, separate yard space, and a practical gravel driveway with room for parking and outdoor use. Located in an established Las Vegas neighborhood with convenient access to local amenities, schools, and New Mexico Highlands University, this property presents strong rental demand and solid investment potential. Perfect for buyers looking for both personal use and income-producing flexibility.

$2,694/mo

Est. mortgage payment based on a $405,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26002061

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$1,328
Tax Frequency
Annually
55+/Senior Community
No
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Property information should be verified by buyer. Listing information provided in part by the New Mexico Association of REALTORS®. Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the New Mexico Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Diaz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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