- Overview
- Description
- Property Details
- Location
- Facts & Features
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Street View
$139,000
Monthly Est:$692
5 Beds
3 Baths
1,922sqft
701 Lava, Milan, NM 87021
$139,000
$692/moEst:
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Duplex
Built in 1977
$-- HOA
16,553 sqft lot
$72/sq.ft
Description
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.
- Houzeo last checked: 4 hours ago
- Listing updated: July 22, 2026 at 2:04 am
- Listing Provided by: Anna T Carabajal (505) 250-0028 DRE #50510 | Realty One of New Mexico (505) 883-9400
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1084438
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
1,922 sqft
Lot Size
16,553 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1084438
MLS Status
Active
Days on Market
524
Cumulative Days on Market
426
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Cooling
Evaporative Cooling
Appliances
Refrigerator
Heating
Central, Forced Air
Flooring
Carpet, Tile
Construction
Year Built
Year Built: 1977
Home type
Duplex
Property Condition
Resale
Construction Materials
Frame, Stucco
Utilities & Energy
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Other Features
Disclosures
Lead Based Paint Disclosure, Ranm2100disclosure
Subdivision Name
N/a
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
05/21/2025 Source: | Listed for Sale | $139,000 $72/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 28, 2026, 02:15PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
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