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509 N Fifth

Carlsbad, NM 88220
  • $236,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 20262727
UPDATED: 73 min ago
$236,000
  • 3
    BEDS
  • 0.04
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,404
    SQFT
  • $168
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1945
County:
Area:

School Ratings & Info

Description

Investment Opportunity Meets Comfortable Living in the Heart of Carlsbad! Welcome to 509 N 5th in Carlsbad, New Mexico — a unique and versatile property offering endless possibilities! The main residence features 3 bedrooms, 2 bathrooms, a cozy fireplace, and even a small basement for added storage or flexible use. Whether you're looking for a primary residence or income-producing potential, this property checks all the boxes. Out back, you'll find a detached 4-car garage with an additional 1-bedroom, 1-bath guest apartment complete with a small kitchen, perfect for extended family, guests, rental income, or a private office space. With separate electric meters for Units A, B, and C, this property offers outstanding potential as an investment opportunity, multi-generational living setup, or owner-occupant income property. Conveniently located in Carlsbad, this rare find combines space, functionality, and income potential all in one package. Don’t miss your chance to own a property with flexibility and opportunity at every turn!

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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: 2026-06-08T15:14:56.967.

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/176293805
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509 N Fifth Carlsbad, NM 88220

  • Price: $236,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 73 min ago
  • MLS #: 20262727
3
Beds
2
Baths
0
½ Baths
0.04
Acres
1,404
SQFT
$168
$/SQFT
1945
Built
Neighborhood:
Carlsbad
County:
Eddy
Area:
Carlsbad
Property Description
Investment Opportunity Meets Comfortable Living in the Heart of Carlsbad! Welcome to 509 N 5th in Carlsbad, New Mexico — a unique and versatile property offering endless possibilities! The main residence features 3 bedrooms, 2 bathrooms, a cozy fireplace, and even a small basement for added storage or flexible use. Whether you're looking for a primary residence or income-producing potential, this property checks all the boxes. Out back, you'll find a detached 4-car garage with an additional 1-bedroom, 1-bath guest apartment complete with a small kitchen, perfect for extended family, guests, rental income, or a private office space. With separate electric meters for Units A, B, and C, this property offers outstanding potential as an investment opportunity, multi-generational living setup, or owner-occupant income property. Conveniently located in Carlsbad, this rare find combines space, functionality, and income potential all in one package. Don’t miss your chance to own a property with flexibility and opportunity at every turn!
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Garage YN Yes Levels One Parking Features Detached Patio And Porch Features Patio Roof Shingle

Interior Features

Appliances DishwasherFree-Standing Range Cooling Electric Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Fireplaces Total 1 Flooring Carpet Guest Quarters Square Footage 360 Heating Electric Heating YN Yes Interior Features BasementCeiling Fan(s)

Property Features

Association YN No Building Area Total 1404 Carport YN No Covered Spaces 4 Fencing Back YardFenced Lease Hold No New Construction YN No Other Structures Shed(s) Property Sub Type Single Family Residence Public Improvement Dist No Sale Rent For Sale Tax Annual Amount 1647 Utilities Electricity ConnectedSewer Connected Water Source Public

Listing courtesy of Keller Williams Realty - Cl/Ho: 575-935-4040.
© 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: 2026-06-08T15:14:56.967.

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