This property is an excellent income property which includes 5 apartments all occupied at this time. Units are in good condition and it is in an excellent location close to Carnegie Library, New Mexico Highlands University and old town plaza area.
The median home value in Las Vegas, NM is $122,500. This is lower than the county median home value of $168,200. The national median home value is $338,100. The average price of homes sold in Las Vegas, NM is $122,500. Approximately 49.97% of Las Vegas homes are owned, compared to 33.91% rented, while 16.12% are vacant. Las Vegas 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 Las Vegas real estate agent to arrange a tour today!
Las Vegas, New Mexico has a population of 13,247. Las Vegas is less family-centric than the surrounding county with 15.27% of the households containing married families with children. The county average for households married with children is 16.98%.
The median household income in Las Vegas, New Mexico is $34,335. The median household income for the surrounding county is $36,492 compared to the national median of $69,021. The median age of people living in Las Vegas is 40.4 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 17.6 inches per year, with 30.3 inches of snow per year.