701 Lava

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Address: 701 Lava Ave, Milan, NM 87021, USA
Phoenix & Southwest + 2-4 Units
Created date: July 24, 2025
Date last updated: September 15, 2026
Price: $139,000Investment Analyzer NEW!

Property Description

This versatile duplex in Milan, New Mexico, presents a fantastic investment opportunity with two distinct units. The first unit features 3 bedrooms and 2 baths, while the second offers 2 bedrooms and 1 bath. In addition, the property includes a spacious lot, ideal for parking a manufactured home to add another income-generating unit.Each unit is equipped with separate electric and gas meters, ensuring independent utilities for tenants. Both units currently have long-term renters in place, providing steady income. Swamp coolers offer efficient cooling, while the durable metal roof enhances the property's longevity.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $139,000
No. of Units: 2
Year Built: 1977
Lot Size: 1,922.00 Sq ft
Opportunity Zone: No
Price per unit: $69,500
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 3
Address: 701 Lava, Milan, NM 87021, USA
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