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2220-2224 Little Walnut Road

Silver City, NM 88061
  • $189,000
  • STATUS: Active
  • ON SITE: 2 Days
  • MLS #: 20264006
New On Site 2 Days Ago
UPDATED: 17 min ago
$189,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,500
    SQFT
  • $126
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Ratings & Info

Description

Excellent opportunity to own a well-maintained, income producing duplex with immediate cash flow and major recent updates already completed. Property features two 2-bedroom, 1-bathroom units with long-term tenants and active leases already in place, providing immediate rental income from day one. Current gross rental income is $1,824 per month ($21,888 annually). This property has been extensively updated with major capital improvements, including a new roof and swamp cooler (2025), plus new carpet, vinyl flooring, and fresh interior and exterior paint (2026)-giving the next owner peace of mind and reducing future maintenance costs. Each unit includes a refrigerator and range, functional floor plan, shared backyard access, and convenient off-street parking. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers reliable rental income and significant recent updates

Monthly Payment Calculator

© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-07-11T20:15:01.763.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/178590693
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2220-2224 Little Walnut Road Silver City, NM 88061

  • Price: $189,000
  • Status: Active
  • On Site: 2 Days
  • Updated: 17 min ago
  • MLS #: 20264006
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1,500
SQFT
$126
$/SQFT
1980
Built
Neighborhood:
Silver City
County:
Grant
Area:
Silver City
Property Description
Excellent opportunity to own a well-maintained, income producing duplex with immediate cash flow and major recent updates already completed. Property features two 2-bedroom, 1-bathroom units with long-term tenants and active leases already in place, providing immediate rental income from day one. Current gross rental income is $1,824 per month ($21,888 annually). This property has been extensively updated with major capital improvements, including a new roof and swamp cooler (2025), plus new carpet, vinyl flooring, and fresh interior and exterior paint (2026)-giving the next owner peace of mind and reducing future maintenance costs. Each unit includes a refrigerator and range, functional floor plan, shared backyard access, and convenient off-street parking. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers reliable rental income and significant recent updates
Exterior Features

Construction Materials FrameWood Siding Levels One Roof Shingle

Interior Features

Appliances Free-Standing RangeRefrigerator Cooling A/C-EvaporativeEvaporative CoolingCentral Air Cooling YN Yes Fireplace YN No Flooring CarpetTileVinyl Heating YN No

Property Features

Association YN No Building Area Total 1500 Lot Features Irregular Lot Occupied YN Yes Property Sub Type Multi Unit 2-4 Public Improvement Dist No Sale Rent For Sale Tax Annual Amount 1077.84 Utilities Sewer Connected Water Source Water-City

Listing courtesy of Congress Realty, Inc.: 888-881-4118.
© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-07-11T20:15:01.763.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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