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315 W Washington Ave 7 Unit Apartment Building $320,000 ($45,714/Unit) Artesia, NM 88210

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EXECUTIVE SUMMARY

Commercial Investment Opportunity! This building offers 7 office suites, with 6 currently occupied and generating steady rental income. With room to add value, this property is a great opportunity to build equity and increase returns.

PROPERTY FACTS

Price $320,000
Price Per Unit $45,714
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.50 AC
Building Size 9,053 SF
Average Occupancy 85%
No. Stories 1
Year Built 1980

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Basement

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4-152-099-367-257
Land Assessment
$3,161
Improvements Assessment
$0
Total Assessment
$3,161
  • Listing ID: 38006965

  • Date on Market: 10/9/2025

  • Last Updated:

  • Address: 315 W Washington Ave, Artesia, NM 88210

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