$144,500

533 S 2nd St Raton, NM 87740

Estimated payment $850/month

Total Views 2,785
2 Beds
1 Bath
1,208 Sq Ft
$120 Price per Sq Ft

Highlights

  • Very Popular Property
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • 3 Car Detached Garage

About This Home

Investment Opportunity in the Heart of Raton! This versatile property features a 2-bedroom, 1-bath main home paired with a separate 2-bedroom, 1-bath rental unit, offering exceptional flexibility for investors, house hackers, or multifamily living. Live in one unit while generating rental income from the other, or lease both units for maximum cash flow potential. Adding significant value, the property also includes three single-car garage/storage units located beneath the second rental unit, providing additional storage options, tenant convenience, and potential supplemental income. Ideally situated just minutes from downtown Raton, this property offers outstanding walkability. Residents enjoy quick access to the train station, coffee shops, library, shopping, and essential services—all within a short distance. With its dual-unit configuration, additional storage/garage spaces, and prime walkable location, this property delivers strong rental versatility and long-term investment upside in a highly convenient setting. Whether expanding your portfolio or starting your first investment property, this is a rare opportunity combining location, income potential, and multi-use functionality.

Listing Agent

Wendy Mileta

REALTY ONE OF NEW MEXICO - RATON License #19831 Listed on: 05/30/2026

REALTY ONE OF NEW MEXICO - RATON

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,000 Sq Ft Lot
  • Irregular Lot

Parking

  • 3 Car Detached Garage

Home Design

  • 1,208 Sq Ft Home
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Kitchen

  • Free-Standing Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1135185267441

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

7,000 Sq Ft Lot

Parking

3

Listing Details

  • New Construction: No
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • Carport Y N: No
  • Reso Flooring: Hardwood, Vinyl
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.1607
  • Construction Type: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Detached
  • Total Parking Spaces: 3

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 1135185267441

Tax Info

  • Year: 2026

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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
2025 $800 $29,216 $2,333 $26,883
2024 $790 $28,365 $2,333 $26,032
2023 $635 $27,539 $2,333 $25,206
2022 $614 $26,737 $2,333 $24,404
2021 $612 $26,737 $2,333 $24,404
2020 $642 $26,737 $2,333 $24,404
2019 $636 $26,737 $2,333 $24,404
2018 $570 $26,737 $2,333 $24,404
2017 $523 $26,635 $2,333 $24,302
2015 -- $25,859 $2,333 $23,526
2013 -- $25,859 $2,333 $23,526
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 Prior Sale
05/30/2026 05/30/26 For Sale $144,500 +3512.5% $120 / Sq Ft
04/23/2016 04/23/16 Sold -- -- -- View Prior Sale
03/23/2016 03/23/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $4,000 -- $3 / Sq Ft
Source: New Mexico MLS

Purchase 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 Type Sale Price Title Company
Quit Claim Deed -- --
Special Warranty Deed $4,000 Servicelink
Source: Public Records

Source: New Mexico MLS

MLS Number: 20263186

New Mexico MLS

APN: 14433

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