503 US Rt 66 Moriarty, NM 87035
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
Virtual tour
Summary
- Appliances: Electric Range, Refrigerator
- Basement: No
- Flooring Type: Laminate
- Total Bedroom Count: 1
- Heating: Other
- Cooling: Evaporative Cooling
- List Price: $320,000
- Price/SqFt: $107
- Directions: Get on I-25 NFollow I-40 E to NM-41 S in Moriarty. Take exit 196 from I-40 EDrive to Central Ave/U.S. Rte 66
- Stories: 1
- Living Area: 2,976 SqFt
- Lot Size: 0.49 Acres
- 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
The 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: 5/9/2025, 12:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$320,000
503 US Rt 66
$3,800
closing credit¹
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Price information
Property sales
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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.
Neighborhood
The neighbors living near this home have an average income of $45,625. Residents of Moriarty, NM typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Monster Trucks
NASCAR
Hunting
Where do the neighbors shop?
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
Country- Classic Country
Frequently asked questions
Living in Moriarty, NM
Transportation in Moriarty includes a network of state highways that connect residents to nearby cities and towns, facilitating commuting and travel. The area's layout is conducive to private vehicle use, with main roads such as Route 66 running through the town. Public transportation options are limited, reflecting the community's rural nature. However, the town does feature some walkable areas, particularly around the central business district, and there are local efforts to enhance the walkability and bikeability for residents. Ride-sharing services are available, providing additional transportation options for the community.
The community benefits from a selection of essential services, including public schools that serve different grade levels, local healthcare clinics, and a public library that caters to the educational and informational needs of the residents. Retail and dining options in Moriarty reflect the local culture, with family-owned shops and restaurants offering a taste of the area's culinary traditions. The community is attentive to the evolving needs of its residents, with initiatives aimed at maintaining and improving the quality of services provided.
Moriarty prides itself on its small-town charm and close-knit community atmosphere. The area is celebrated for its annual Pinto Bean Fiesta, which showcases the local agricultural heritage and brings residents together for festivities. The community's character is further defined by its open spaces and the presence of local businesses that contribute to a sense of familiarity and neighborliness among residents.
Moriarty, Torrance offers a housing market with a focus on single-family homes, which make up a significant portion of the residential landscape. The architectural styles in the area are varied, with a mix of traditional and ranch-style homes that reflect the region's rural and suburban blend. The housing options also include a selection of mobile homes, indicative of the area's affordable living choices. While the majority of homes are owner-occupied, there is also a segment of the population that rents, providing a balance of homeownership and rental opportunities.
About 503 US Rt 66
The listing price of 503 US Rt 66 property is $320,000.
The property 503 US Rt 66 is a condo located in Moriarty, New Mexico, 87035.
Active Listing: 503 US Rt 66 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 503 US Rt 66 are: Moriarty Elementary School (GreatSchools Rating 6/10), Route 66 Elementary School (GreatSchools Rating 7/10), South Mountain Elementary School (GreatSchools Rating 7/10), Moriarty Middle School (GreatSchools Rating 3/10), Edgewood Middle School (GreatSchools Rating 7/10), Estancia Middle School (GreatSchools Rating 3/10), Moriarty High School (GreatSchools Rating 5/10), Estancia Valley Classical Academy (GreatSchools Rating 6/10), Estancia High School (GreatSchools Rating 8/10).
The property at 503 US Rt 66 has 1 bedroom and 1 bathroom.
The property 503 US Rt 66 is 2,976 SqFt (source: MLS/tax record).
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.
Moriarty, NM housing market in April 2025 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 2 sold below. Between March and April 2025, Moriarty, NM real estate market has seen decrease in the number of listings by 4%. While the average time on the market in April 2025 was 10 days, the median list price was $241,325.