# 701 Lava, Milan, NM 87021

> **TL;DR:** 5bd/3ba multi-family, $139,000 ($72/sqft), built 1977, 1,922 sqft.
> A/C. Est. $744/mo. Listed 528 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $139,000 |
| Price/sqft | $72 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Square Feet | 1,922 |
| Year Built | 1977 |
| Lot Size | 16,553 sqft (0.38 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Duplex) |
| Status | Active |
| Days on Market | 528 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $703 |
| Estimated Insurance | $41 |
| **Total** | **$744** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1977
- 0.38 acre lot

## Description

### Agent Description
This versatile duplex in Milan, New Mexico, presents a fantastic investment opportunity with two distinct units. The first unit features 3 bedrooms and 2 baths, while the second offers 2 bedrooms and 1 bath. In addition, the property includes a spacious lot, ideal for parking a manufactured home to add another income-generating unit.Each unit is equipped with separate electric and gas meters, ensuring independent utilities for tenants. Both units currently have long-term renters in place, providing steady income. Swamp coolers offer efficient cooling, while the durable metal roof enhances the property's longevity.

## Location

- **Address:** 701 Lava, Milan, NM 87021
- **County:** Cibola
- **Coordinates:** 35.169646, -107.892911
- **Google Maps:** https://www.google.com/maps?q=35.169646,-107.892911

## Listing Agent

- **Name:** Anna T Carabajal · **License:** 50510
- **Brokerage:** Realty One of New Mexico
- **Broker Phone:** (505) 883-9400
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/701-Lava-Ave_Milan_NM_87021_M18705-92493?f=listhub&s=GAARNM&m=1084438&c=propsimple)

## Photos

![701 Lava - Photo 1](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f639107785r.jpg)

![701 Lava - Photo 2](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f639107785r.jpg)

![701 Lava - Photo 3](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f2473247024r.jpg)

![701 Lava - Photo 4](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f866212991r.jpg)

![701 Lava - Photo 5](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f695844338r.jpg)

![701 Lava - Photo 6](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f3539947074r.jpg)

![701 Lava - Photo 7](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f1709101873r.jpg)

![701 Lava - Photo 8](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f54401082r.jpg)

![701 Lava - Photo 9](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f3988378448r.jpg)

![701 Lava - Photo 10](http://lh.rdcpix.com/96503c2aeae5bbea9a644184c7577528l-f1620157862r.jpg)

---

**MLS#:** 1084438 | **Updated:** 2026-10-27
**Source:** listhub

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

[View on PropertySimple](https://staging.propertysimple.ai/listing/701-lava-milan-nm-87021-14e243baae1a4cfd9bd698c8a534e517)

---

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