About This Home

This 2-bedroom, 1-bathroom single family at 500 S KENTUCKY Ave in Roswell, NM is listed for $75,000 ($58 per sqft). Built in 1940, the home offers 1,290 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1940
  • 0.22 acre lot

Property Details

1 full
1940

Amenities

Hardwood
Listing Description

Discover this cute bungalow situated on a desirable corner lot, full of potential and ready to be brought back to life. Whether you are looking for a rewarding restoration project, a primary home with rental income, or a multi-generational living setup, this property offers a fantastic opportunity.

Main House (1,290 Sq. Ft.) features 2 Bedrooms, 1 Bathroom, a large, open great room that seamlessly combines the kitchen, dining, and living areas-perfect for modernizing into a vibrant, open-concept hub. Guest House / Rental Unit (520 Sq. Ft.) offers 1 Bedrooms, 1 Bathroom, which is an ideal setup for a guest suite, an independent home office, or an income-generating rental unit to help offset your mortgage.

This property is a blank canvas awaiting your vision to restore its true charm and character. Bring your ideas and tools to unlock the incredible value and vibrance this unique corner-lot package has to offer!

Monthly Cost Estimate

$401/mo

20% down · 6.5% · 30 years

Principal$54
Interest$325
Insurance$22

Estimates only. Actual payments may vary.

Location

500 S KENTUCKY Ave

Roswell, NM 88203

ALAMEDA HEIGHTS

Features & Amenities

Interior Features

AtticBasementCeiling Fan(s)

Exterior Features

SidewalkPatio CoveredGuest HouseRV ParkingCurb & GutterFence

Property Details

Flooring

HardwoodCarpetTile

Construction

Floor - Wood Siding

Outdoor Features

Patio

Appliances

Free-Standing RangeRefrigeratorWasherWater Heater

Questions & Answers

This 2-bedroom, 1-bathroom single family at 500 S KENTUCKY Ave is listed at $75,000 ($58/sqft). The estimated monthly payment is $401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.22 acre lot. Interior Features: Attic, Basement, Ceiling Fan(s). Exterior Features: Sidewalk, Patio Covered, Guest House.

This property is listed by Dan Coleman.

DC

Dan Coleman

License 41937

Agent at Berkshire Hathaway HomeServices Enchanted Lands, REALTORS

Listed by Berkshire Hathaway HomeServices Enchanted Lands, REALTORS · Broker phone: (575) 622-0875 · View on Broker Site · Broker website

MLS# 26000559· Source: New Mexico MLS· 79 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 S KENTUCKY Ave, Roswell, NM 88203

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