Homes by Carolyn Fischman

102-104 Nathan Court, Los Lunas, NM 87031 (MLS# 1094429)

102-104 Nathan Court, Los Lunas, NM 87031

$750,000
Property Type: Residential Income Square Footage: 1,846 Lot Size (sq. ft.): 200,812 Status: Active
Current Price: $750,000 List Date: 11/13/2025 Last Modified: 3/13/2026

Overview

Description

Well-maintained duplex offering solid tenant income and excellent potential for growth! Zoned C-1 Commercial, this property provides flexible opportunities — continue operating it as a multi-family rental or convert it into office or retail space while developing the land. The existing structure sits on approximately 4.61 acres, allowing for future development of any use permitted by zoning. Located in a thriving commercial area, the property is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants all within a half-mile radius. 8'' water and sewer line close to, or at property line, 3-Phase power in area. This is a rare opportunity ideal for investors, developers,looking to generate income today while planning for tomorrow's expansion.

Listing Details MLS# 1094429

Contract Information

List Price/SqFt
406.28

Location

Street #
102-104
Street Name
Nathan
St Suffix
Court
County
Valencia
City/Town Code
Los Lunas
State/Province
NM
Zip Code
87031
Zip +4
7356
MLS Area Major
711 - East Los Lunas/Tome
Zone Atlas
EEE11

CityCounty Data

Subdivision Name
Land Of Titus Wingerd

General Property Description

# of Units
2
5+ Units
No
Property Sub-Type
Duplex
Living Area
1846
SqFt Source
Floorplan
Lot Size Source
On-Line
Acres
4.61
Lot SqFt
200812
Directions
I25 South towards Los Lunas. Take Exit 215 onto Highway 47. Left on Lujan, right on Nathan to property.
Stories
Yes
Total # of Buildings
Yes
Year Built
2008
Age
Select One
Accessory Dwelling Unit
No
Disability Access
Unknown
LBP Disclosure
No
Builder
Unknown
Owner Occupant Unit
No
Flood Zone
AE

Cooling

Centrally Ducted
Yes
Evaporative Cooling
Yes

Basement

Basement
No

More Information

Sales Info

Trade/Xch Considered
No

# of Unit Types (1)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
923
Actual Rent
1150
Max Rent
1150
Market Rent
1150

# of Unit Types (2)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
923
Actual Rent
1150
Max Rent
1150
Market Rent
1150

Unit Summary

Total Units
2
Average Unit Size
923
Average Actual Rent
1150
Annualized
27600
Total Actual Rent
2300

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
1011038175190000000

Tax & Legal Info

GRT Code
14-316
Tax Exemption
Unknown
Tax Annual Amount
1666.02

Amenities

Enclosed Yard
Yes
Wshr/Dryr HU in Unit
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Heating

Central
Yes
Forced Air
Yes

Owner Pays

Other - See Remarks
Yes

Tenant Pays

Other - See Remarks
Yes

Build Description

Resale
Yes

Appliances included

Dryer H/U
Yes
Washer H/U
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Finance Considered

Cash
Yes
Conventional
Yes
FHA
Yes
Owner Financing
Yes
VA
Yes

Rental Info

Month To Month
Yes

Zoning

C-1
Yes

Property Features

Build Description: Resale Amenities: Enclosed Yard; Wshr/Dryr HU in Unit Appliances included: Dryer H/U; Washer H/U Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: Carpet; Vinyl Green Energy Generation: None Electric Provider: Public Utility Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Rental Info: Month To Month Finance Considered: Cash; Conventional; FHA; Owner Financing; VA Zoning: C-1
Listing Office: Real Broker, LLC
Last Updated: March - 13 - 2026
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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