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400 Manchester Ave, Hagerman, NM, 88232

2beds
1baths
1,096sqft
$146,000
$133price/sqft
$1,348/moest. monthly cost
$53,920/yrincome needed

About This Home

Discover an excellent investment and lifestyle opportunity at 400 S Manchester Ave, Hagerman, NM. This versatile property features a duplex plus an additional studio apartment, offering multiple income streams in one convenient location. Whether you’re an investor or an owner-occupant, this property allows you to live in one unit while generating rental income from the others, helping offset your mortgage or boost cash flow. Located in the quiet community of Hagerman, this property offers small-town charm with strong rental potential. The separate living spaces provide flexibility for long-term rentals, short-term rentals, or multi-generational living. With a price point of $146,000, this is an affordable entry into income-producing real estate. Highlights: Duplex plus separate studio apartment, multiple rental income opportunities, live in one unit, rent the others. Great option for investors or owner-occupants. Affordable price with strong potential Don’t miss this chance to own a property that works for you—whether you’re building your investment portfolio or looking for a home that helps pay for itself. Square footage includes both dwellings of the duplex. Heating and cooling varies in each dwelling. Zoned Residential. Type of listing was not available for this property, Residential/Commercial option was used for this.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

6/10
9/10
Hagerman Middle SchoolGrades 6-80.6 mi
4/10
Hagerman High SchoolGrades 9-120.6 mi

Construction

Materials

  • Roof: Metal,Pitched
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Cooling

  • Cooling features: Other

Interior Area

  • Total structure area: 1,096
  • Total interior livable area: 1,096 sqft

Property

Details

  • Parcel number: 4148082212012000000

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 47.92 sqft
  • Lot size dimensions: 50' x 150', 7,500 SF

Parking

  • Parking features: No Garage