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400 Charles St

Truth Or Consequences, NM 87901
  • $248,000
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 20261510
UPDATED: 50 min ago
$248,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,570
    SQFT
  • $158
    $/SQFT
Type:
Single-Family Home
Built:
1930
County:

School Information

Elementary School:
Middle School:
High School:

Description

Discover this unique investment opportunity or creative living haven in the heart of Truth or Consequences' historic Hot Water District! This multi-unit property features a rare thermal well, tapping directly into the area's famous geothermal aquifer for abundant, mineral-rich hot water (a true gem in this renowned hot springs town). The property includes three distinct units-ideal for generating steady rental income, multi-generational living, or an artistic compound. Enjoy the privacy of a fully fenced lot, while soaking in stunning views of Turtleback Mountain rising dramatically nearby. Just a short walk to downtown's vibrant shops, art galleries, restaurants, and local parks, you're steps away from the best of T or C's eclectic charm and therapeutic hot springs culture. Perfect for the savvy investor or visionary buyer seeking a slice of authentic New Mexico living with built-in income potential and natural wellness advantages!

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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: 2026-08-13T17:15:00.063.

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/174115732
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400 Charles St Truth Or Consequences, NM 87901

  • Price: $248,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 50 min ago
  • MLS #: 20261510
3
Beds
3
Baths
0
½ Baths
0.12
Acres
1,570
SQFT
$158
$/SQFT
1930
Built
County:
Sierra
Area:
Truth Or Consequences
Elementary School:
None/Other
Middle School:
None/Other
High School:
None/Other
Property Description
Discover this unique investment opportunity or creative living haven in the heart of Truth or Consequences' historic Hot Water District! This multi-unit property features a rare thermal well, tapping directly into the area's famous geothermal aquifer for abundant, mineral-rich hot water (a true gem in this renowned hot springs town). The property includes three distinct units-ideal for generating steady rental income, multi-generational living, or an artistic compound. Enjoy the privacy of a fully fenced lot, while soaking in stunning views of Turtleback Mountain rising dramatically nearby. Just a short walk to downtown's vibrant shops, art galleries, restaurants, and local parks, you're steps away from the best of T or C's eclectic charm and therapeutic hot springs culture. Perfect for the savvy investor or visionary buyer seeking a slice of authentic New Mexico living with built-in income potential and natural wellness advantages!
Exterior Features

Architectural Style Other Attached Garage YN No Carport Spaces 1 Carport YN Yes Covered Spaces 2 Garage YN Yes Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Features Carport Parking Total 2 Pool Private YN No RVParking Dimensions 0.00 Spa YN No View YN No

Interior Features

Building Area Total 1570 Cooling YN No Fireplace YN No Heating YN No Rooms Total 6

Property Features

Adu YN No Association YN No Construction Status Blt./Standing Covenants YN No Current Use Other For Lease YN No Home Warranty YN No Horse YN No Lease Considered YN No Lease Hold YN No New Construction YN No Occupant Type Vacant Pets Allowed No Property Attached YN No Property Sub Type Other Senior Community YN No Short Term Rental YN No Tax Annual Amount 999 Topography Irregular Lot Waterfront YN No

Listing courtesy of Sea Properties Ltd: 575-894-0037.
© 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: 2026-08-13T17:15:00.063.

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