$975,000

102 Nathan Ln Los Lunas, NM 87031

East Los Lunas Neighborhood

Estimated payment $5,278/month

2 Beds
1 Bath
1,846 Sq Ft
$528 Price per Sq Ft

Highlights

  • 4.61 Acre Lot
  • Forced Air Heating System
  • Property has 1 Level
  • Evaporated cooling system
  • Carpet

About This Home

Well-maintained duplex offering solid tenant income and excellent potential for growth! Zoned C-1 Commercial, this property provides flexible opportunities -- continue operating it as a multi-family rental or convert it into office or retail space while developing the land. The existing structure sits on approximately 4.61 acres, allowing for future development of any use permitted by zoning.Located in a thriving commercial area, the property is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants all within a half-mile radius. This is a rare opportunity ideal for investors, developers, or owner-users looking to generate income today while planning for tomorrow's expansion.

Listing Agent

Jeremiah Collins

Real Broker, LLC License #16694 Listed on: 11/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 2008

Lot Details

  • 4.61 Acre Lot

Home Design

  • Duplex

Interior Spaces

  • 1,846 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 1,846 Sq Ft Building
  • Land Of Titus Wingerd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1 011 038 175 190 000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: I25 South towards Los Lunas. Take Exit 215 onto Highway 47. Left on Lujan, right on Nathan to property.
  • Year Built: 2008
  • Lot Size Acres: 4.61
  • Subdivision Name: Land Of Titus Wingerd
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 1846.0

Exterior Features

  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 200812.0
  • Parcel #: 1 011 038 175 190 000000
  • Zoning Description: C-1

Rental Info

  • Tenant Pays: Other, See Remarks
  • Owner Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1666.02

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,724 $43,939 $12,527 $31,412
2023 $1,666 $42,676 $12,527 $30,149
2022 $1,595 $41,449 $12,527 $28,922
2021 $1,562 $40,259 $12,527 $27,732
2020 $1,576 $39,959 $12,227 $27,732
2019 $1,584 $39,959 $12,227 $27,732
2018 $1,560 $39,959 $12,227 $27,732
2017 $1,496 $39,082 $12,227 $26,855
2016 $1,490 $37,960 $12,227 $25,733
2015 -- $37,960 $12,227 $25,733
2013 -- $37,920 $11,371 $26,549
2011 -- $110,496 $33,168 $77,328
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $975,000 -- $528 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1094429

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-038-175-190-000000

New Mexico Valencia County Los Lunas 87031 East Los Lunas

102 Nathan Ln, Los Lunas, NM

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Jeremiah Collins
Listing Agent
Jeremiah Collins
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Real Broker, LLC
(505) 806-1316