306 E Rose St, Carlsbad, NM, 88220
About This Home
Unique investment opportunity! This property features three separate living units, creating excellent income-producing potential. The front unit offers 2 bedrooms, 1 bathroom, a living room, kitchen, and laundry room. The second unit is a studio apartment, while the third unit is a 2-bedroom apartment. Additional features include an RV hookup and, as an added bonus, a separate quarter-acre commercial-zoned lot located directly across the alley, included with the purchase. Whether youre looking to expand your rental portfolio or take advantage of the commercial development potential, this versatile property offers endless possibilities.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Roof: Pitched
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Ceiling Fan(s)
- Flooring: Hardwood,Laminate
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 2,900
- Total interior livable area: 2,900 sqft
Property
Details
- Parcel number: 4158129098508; 41581
Features
- Stories: 1
- Patio & porch: Patio,Patio Covered
- Exterior features: Sidewalk
- Fencing: Chain Link
- Frontage length: 65.0
- Topography of land: Chain Link
Lot
- Lot size: 5,227 sqft
- Lot size dimensions: 65.0x159.5x176.0
Parking
- Total spaces: 1
- Parking features: Carport
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Hail
- Heat Wave
- Ice Storm
- Drought
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Eddy County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,719 | $20,628 |
| Home Insurance * | $254 | $3,048 |
| Property Taxes | $695 | $8,340 |
| Electricity | $206 | $2,474 |
| Total | $2,874 | $34,488 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-15 | Price change | $340,000 |
| 2026-06-11 | Price change | $350,000 |
| 2026-05-11 | Listed for sale | $420,000 |
| 2025-10-28 | Listing removed | $950 |
| 2025-10-18 | Listed for rent | $950 |
| 2020-11-11 | Sold | -- |
| 2020-07-06 | Price change | $143,500 |
| 2020-06-08 | Listed for sale | $145,000 |
| 2016-07-12 | Sold | -- |
| 2016-03-23 | Price change | $90,000 |
| 2016-01-13 | Price change | $95,000 |
| 2015-10-22 | Price change | $105,000 |
| 2015-09-30 | Price change | $110,000 |
| 2015-09-26 | Listed for sale | $95,000 |
For Sale by Agent
View on Zillow