About This Home

This 7-bedroom, 4-bathroom single family at 158 Independence in Las Vegas, NM is listed for $369,900 ($105 per sqft). Built in 1950, the home offers 3,537 sqft of living space on a 1.41 acres lot.

Key Features

  • Built in 1950
  • 1.41 acre lot
  • 10 parking spaces
  • Fireplace

Property Details

1 story
1 full
3-car garage
1950

Amenities

FireplaceA/C
Listing Description

This unique property presents an exceptional investment opportunity with incredible versatility. Situated on over an acre, the property includes two lots and three separate homes, offering endless potential for income generation or multi-generational living.

The front home features approximately 1,120 sq. ft. with 3 bedrooms and a 3/4 bath, while the middle structure is an efficiency apartment complete with a spacious bedroom, living area, and 3/4 bath. The rear home offers 3 bedrooms, 1.75 baths, and its own 2-car garage, providing additional comfort and privacy.

The property also includes a detached 2-car garage, a detached single-car garage, multiple storage sheds, and various outbuildings-ideal for hobbyists, storage, or workspace needs. Mature trees and a beautiful rock wall enhance the property's character and outdoor appeal.

Whether you're looking to live in one unit and rent the others or create a private compound-style retreat, this property offers a rare opportunity to maximize both lifestyle and income potential. Property is being sold as-is, and the price reflects its current condition.

Monthly Cost Estimate

$1,978/mo

20% down · 6.5% · 30 years

Principal$268
Interest$1,603
Insurance$108

Estimates only. Actual payments may vary.

Location

158 Independence

Las Vegas, NM 87701

Features & Amenities

Interior Features

NoInteriorSteps

Property Details

Parking

Garage

Heating

Forced Air

Questions & Answers

This 7-bedroom, 4-bathroom single family at 158 Independence is listed at $369,900 ($105/sqft). The estimated monthly payment is $1,978 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 1.41 acre lot, 10 parking spaces, Fireplace. Interior Features: NoInteriorSteps.

This property is listed by Jonathan M. Ortiz.

JO

Jonathan M. Ortiz

License 44118

Agent at Southwest Elite Real Estate

Listed by Southwest Elite Real Estate · Broker phone: 505 7986333 · View on Broker Site

MLS# 202601199· Source: Santa Fe Association of REALTORS®, Inc.· 216 days on PropertySimple

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

158 Independence, Las Vegas, NM 87701

Open this listing in: