$650,000
PENDING $325K PRICE DROP

102 Nathan Ln Los Lunas, NM 87031

East Los Lunas Neighborhood

Estimated payment $3,589/month

Total Views 17,870
4 Beds
2 Baths
1,846 Sq Ft
$352 Price per Sq Ft

Highlights

  • 4.61 Acre Lot
  • Evaporated cooling system
  • Property has 1 Level
  • Forced Air Heating 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. 8'' water and sewer line close to, or at property line, 3-Phase power in area. This is a rare opportunity ideal for investors, developers,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

Real Broker, LLC

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

  • 4 Bedrooms
  • 2 Bathrooms

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 1011038175190000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 2008

Lot Details

4.61 Acres

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: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 4
  • 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 #: 1011038175190000000
  • Zoning Description: C-1

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 2300.0

Tax Info

  • Tax Annual Amount: 1666.02

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/02/2026 08/02/26 Pending -- -- --
04/17/2026 04/17/26 Price Changed $650,000 -13.3% $352 / Sq Ft
03/13/2026 03/13/26 Price Changed $750,000 -3.2% $406 / Sq Ft
02/10/2026 02/10/26 Price Changed $775,000 -20.5% $420 / Sq Ft
11/13/2025 11/13/25 For Sale $975,000 -- $528 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

MLS Number: 1094429

Southwest MLS (Greater Albuquerque Association of REALTORS®)
New Mexico Valencia County Los Lunas 87031 East Los Lunas

102 Nathan Ln, Los Lunas, NM

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
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