Raton NM Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
28,524
Status:
Active
Beds:
n/a
Lot size:
1.83 Acres
Year built:
1978
Baths:
2.00
MLS#:
20247202

ADDITIONAL INFORMATION

This is a great opportunity for multi family housing investment in Raton, NM. Based on funding availability, USDA Rural Development ,may provide funding to make this purchase possible. Funding may include 100% Rental Assistance and interest credit ass This institution is an equal opportunity provider. Fair Housing Act: We are pledged to the letter and spirit of US policy for the achievement of equal housing opportunity throughout the nation. We encourage and support affirmative advertising and marketing programs in which there are no barriers to obtaining housing because of race, color, sex, religion, handicap, familial status , or national origin. Local Not- for- Profits Organizations and public agencies have priority over regional and national Not-for-Profit organizations and public agencies.istance that reduces the loan note interest rate to 1%.

Type:
Multi-Family
Sq.Ft.:
1,575
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1920
Baths:
MLS#:
20245435

ADDITIONAL INFORMATION

Great Investment opportunity! Multi family living! Live in one home and rent the other! Cute one bedroom home in the front! Large living area/great room. Original hardwood floors throughout most of the home. Kitchen floors have been refinished! Bedroom has nice walk in closet! Basement space is a plus for storage and work area! Guest house in back has 3 bedrooms and one bath. Great home for family members or guests and even better for income producing property! Attached one car garage to guest house! xeriscape landscaping makes this an easy property to maintain! Call today to view!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1900
Baths:
MLS#:
20244699

ADDITIONAL INFORMATION

Investment opportunity! Duplex or large home! Owner started construction on upper level. Once finished it would be a 2 bed, 2 bath and basement apartment is 3 bed, 2 bath. Large space upstairs and down with detached garage. Lots of opportunity! Add to your investment portfolio! Call today for more information.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2025 New Mexico MLS, Inc. MLS. All rights reserved.



Raton Real Estate

The median home value in Raton, NM is $133,400. This is lower than the county median home value of $222,100. The national median home value is $338,100. The average price of homes sold in Raton, NM is $133,400. Approximately 55.46% of Raton homes are owned, compared to 28.71% rented, while 15.83% are vacant. Raton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Raton real estate agent to arrange a tour today!

Raton, New Mexico 87740 has a population of 6,082. Raton 87740 is less family-centric than the surrounding county with 18.96% of the households containing married families with children. The county average for households married with children is 19.44%.

The median household income in Raton, New Mexico 87740 is $34,233. The median household income for the surrounding county is $39,483 compared to the national median of $69,021. The median age of people living in Raton 87740 is 44.6 years.

Raton Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 17.6 inches per year, with 46.3 inches of snow per year.

Raton Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    42
    30-day change

Raton Schools and Demographics

Education near Raton, NM

Metric City County
High School Graduates 88.95 89.65
College Degree - 2 year 9.6 9.71
College Degree - 4 year 14.16 21.79
Graduate Degree 4.95 7.45
Expenditures per Student 15,135 15,135
Students per Teacher 11.7 11.7

Elementary Schools near Raton, NM

School Grades Students P/T Ratio ZIP
Cimarron Elementary School KG - 04 60 10.9 87714
Columbian Elementary School 02 - 03 132 11 87740
Forrester Elementary School KG - 02 45 9.4 87747
Longfellow Elementary School PK - 01 220 14.7 87740
Maxwell Elementary School KG - 06 57 10.5 87728
Wilferth Elementary School 03 - 06 50 9.7 87747

Middle Schools near Raton, NM

School Grades Students P/T Ratio ZIP
Cimarron Middle School 05 - 08 61 8.7 87714
Kearney Elementary School 04 - 05 156 11.3 87740
Maxwell Middle School 07 - 08 18 9.3 87728
Raton Middle School 06 - 08 224 13.2 87740

High Schools near Raton, NM

School Grades Students P/T Ratio ZIP
Cimarron High School 09 - 12 74 9.1 87714
Maxwell High School 09 - 12 33 6.5 87728
Raton High School 09 - 12 242 10.5 87740
Springer High School 07 - 12 81 11.2 87747

Ungraded Schools near Raton, NM

School Grades Students P/T Ratio ZIP
* Springer Correctional Facility 07 - 12 0 87747

Demographics near Raton, NM 87740

Metric Zip Code City
Neighborhood Type Small Town
Population 6,082 12,406
Population Density 764 3
Median Age 44.6 49.6
People per Household 2.1 2.1
Median Household Income 34,233 39,483
Average Income per Capita 21,939 25,131