$425,000

208 E Mathews St Roswell, NM 88203

Total Views 6,447
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

High-Growth Investment Opportunity in Roswell’s Expanding Housing Market Rare chance to acquire a fully entitled, income-producing tiny home village on a 25,000 SF lot with immediate upside and expansion potential. Three completed, rent-ready manufactured homes are already in place, each with full utility hookups and in-demand modern appliances including refrigerator, stove, washer, and dryer—allowing for instant cash flow from day one. The property is designed for scalability, with ample space to add additional units and significantly increase rental income. A fully fenced backyard creates a controlled, community-style environment featuring shared outdoor amenities, including a tranquil pond that also serves as a stormwater management system—reducing future infrastructure costs. A 40-foot shipping container is included and can be subdivided into multiple storage units, providing an additional revenue stream or tenant storage solution. With infrastructure already in place, minimal startup costs, and strong demand for affordable housing, this property is perfect for investors seeking high yield, rapid expansion, and long-term appreciation in one of Roswell’s fastest-growing markets. Current rent is $1250.00 plus utilities

Listing Agent

LANA REESE

Exp Realty, LLC License #17441 Listed on: 01/28/2026

Exp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025

Laundry

  • Dryer
  • Washer

Additional Features

  • Free-Standing Range
  • 0.58 Acre Lot

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4136062095357000000

Property Details

Home Type

Multi-Family

Year Built

Built in 2025

Lot Details

0.58 Acres

Listing Details

  • Year Built: 2025
  • Reso Property Sub Type: Multi Unit 5+
  • Prop. Type: Residential Income
  • Reso Structure Type: Multi Family
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Free-Standing Range, Refrigerator, Washer

Exterior Features

  • Acres: 0.5787

Utilities

  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 25206
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4136062095357000000

Tax Info

  • Year: 2024
  • Tax Annual Amount: 31.58

Multi Family

  • Number Of Units Total: 3
  • Building Area Units: Square Feet

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2026 01/28/26 For Sale $425,000 -- --
Source: New Mexico MLS

Source: New Mexico MLS

MLS Number: 20260514

New Mexico MLS
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