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316 Plum Street

Carlsbad, NM 88220
  • $500,000
  • STATUS: Active
  • ON SITE: 154 Days
  • MLS #: 20255750
UPDATED: 27 min ago
$500,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,882
    SQFT
  • $266
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2024
County:
Area:

School Ratings & Info

Description

Opportunities abound at this newer constructed duplex, currently functioning as a highly in demand, short term rental. Each unit includes 2 bedrooms, 2 bathrooms, laundry facilities and is fully furnished! The fixtures and construction finishes create desirability in each unit. The investment possibility is appealing with recorded high occupancy rates and documented rental income. The listing price indicates a 10% CAP rate. All of this equates to an excellent chance to own your own rental investment!

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© 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: 2026-03-07T15:15:01.25.

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/168503231
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316 Plum Street Carlsbad, NM 88220

  • Price: $500,000
  • Status: Active
  • On Site: 154 Days
  • Updated: 27 min ago
  • MLS #: 20255750
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1,882
SQFT
$266
$/SQFT
2024
Built
Neighborhood:
Carlsbad
County:
Eddy
Area:
Carlsbad
Property Description
Opportunities abound at this newer constructed duplex, currently functioning as a highly in demand, short term rental. Each unit includes 2 bedrooms, 2 bathrooms, laundry facilities and is fully furnished! The fixtures and construction finishes create desirability in each unit. The investment possibility is appealing with recorded high occupancy rates and documented rental income. The listing price indicates a 10% CAP rate. All of this equates to an excellent chance to own your own rental investment!
Exterior Features

Construction Materials FrameStucco Foundation Details Slab Levels One Roof PitchedShingle

Interior Features

Appliances DryerMicrowaveFree-Standing RangeRefrigeratorWasherElectric Water Heater Cooling A/C-RefrigerativeElectric Cooling YN Yes Fireplace YN No Flooring Laminate Heating ElectricForced Air Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Laundry-Individual

Property Features

Association YN No Building Area Total 1882 Electric Meters(Electric Combined) Flood Zn No Occupied YN Yes Property Sub Type Multi Unit 2-4 Public Improvement Dist No Sale Rent For Sale Tax Annual Amount 4096.84 Utilities Electricity ConnectedSewer ConnectedGarbageCable Connected Water Source Water-City

Listing courtesy of Century 21 Dunagan Associates: 575-234-1516.
© 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: 2026-03-07T15:15:01.25.

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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3420 N. Grimes Ste 100
Hobbs NM, 88240