$320,000

503 US Rt 66 Moriarty, NM 87035

$3,800
Closing credit¹
1 bed
1 bath
2,976 sqft
0.5 acres
$108 / sqft
Condo

Property details

About 503 US Rt 66

This updated 5-unit multifamily property in Moriarty, NM, offers a rare chance to own a fully rented income-producing asset with long-term tenants on month-to-month leases. The interiors have been modernized, the exterior refreshed, and essential updates to electrical and sewer systems provide peace of mind. With strong rental demand and room for growth, this turnkey property is ready to generate steady cash flow from day one. Plus, additional lots are available--bundle them for expanded potential or sell separately for added flexibility. Positioned along a major corridor with easy access to Albuquerque, this is a high-visibility, low-maintenance investment with upside potential. APOD available upon request. Act now--opportunities like this don't last!

Highlights

Home typeCondominium
HeatingOther
StatusActive
CoolingEvaporative Cooling
Size2,976 sqft
Lot size0.49 Acres
MLS #1078839

Virtual tour

Summary

  • MLS Number: 1078839
  • MLS Name: SWMLS
  • Office Name: Hanna Commercial, LLC
  • Office Phone: (505) 332-0522
  • Office Email: rhanna@richardhanna.com
  • Listing Agent: Richard Hanna

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$320,000

503 US Rt 66

$3,800

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

6

Moriarty Elementary School

Public District KG-5

2.3 mi

2015 School Loop

7

Route 66 Elementary School

Public District KG-5

11.2 mi

805 Barton Rd

7

South Mountain Elementary School

Public District KG-5

11.7 mi

577 State Rd 344

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,625. The most common annual income of people living in Moriarty, NM is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

39%
<35k
51%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
19%
Single, with Kids
28%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Moriarty, NM

About 503 US Rt 66

This home is located at 503 US Rt 66 in Moriarty, NM and zip code 87035. This 2,976 square foot home sits on a 0.49 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $320,000.

In March 2025 more than 1 listings in Moriarty, NM were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. Between February and March 2025, Moriarty, NM real estate market has seen decrease in the number of listings by 9.1%. In March 2025, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $234,297.

From Rocket Homes Real Estate and based on county public records data.

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