$750,000

501 4th W Unit A-E Dexter, NM 88230

Estimated payment $4,397/month

Total Views 18
13 Beds
6 Baths
6,044 Sq Ft
$124 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • No HOA
  • Heating Available
  • Wood Flooring

About This Home

Six units with an established rental history in the heart of Dexter! This unique investment property consists of two duplex buildings-four approximately 1,006 sq. ft. units-plus two detached residences of approximately 2,156 sq. ft. and 936 sq. ft. Five of the six units have undergone extensive renovations, including updated flooring, bathrooms, cabinetry, electrical and lighting, fascia, vaulted and special touches to add character and style. Vaulted ceilings enhance the renovated interiors, giving these residences an open, spacious feel rarely associated with traditional multifamily housing. Set within their own dedicated parking area, the property offers a residential atmosphere in the small agricultural community of Dexter, New Mexico. An established tenant history adds another dimension to this opportunity. Some residents have made these home for more than a decade. With six individual residences, substantial improvements already completed, and only one remaining unit awaiting renovation, this property presents an opportunity for an investor to step into an established rental property while retaining additional value-add potential.

Listing Agent

WENDIE MARLEY

RE/MAX First Place Realtors Roswell License #REC-2022-1232 Listed on: 09/20/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 1980

Home Design

  • Shingle Roof

Interior Spaces

  • 6,044 Sq Ft Home
  • Vaulted Ceiling

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Additional Features

  • 1.32 Acre Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4-145-076-318-114-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,948

Year Built

Built in 1980

Lot Details

1.32 Acres

Listing Details

  • New Construction: No
  • Year Built: 1980
  • Reso Property Sub Type: Multi Unit 5+
  • Prop. Type: Residential
  • Horses: No
  • Co List Office Mls Id: 0
  • Inclusions: Dishwasher, Dryer, Free-Standing Range, Refrigerator
  • Architectural Style: Story - 1
  • Carport Y N: No
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Private Spa: No
  • Total Bedrooms: 13

Exterior Features

  • Roof: Shingle
  • Acres: 1.32
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Utilities: Water - City
  • Cooling Y N: No
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Assessments: No
  • Lot Size Sq Ft: 57499.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 4-145-076-318-114-00

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 1948.0

Map

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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
09/20/2026 09/20/26 For Sale $750,000 -- $124 / Sq Ft
Source: New Mexico MLS

Source: New Mexico MLS

MLS Number: 26001347

New Mexico MLS
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