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2170 Hickory DR, Alamogordo, NM 88310

AG
NM REC-2026-0197
$325,000
13 days on market
Updated 13 days ago

2170 Hickory DR

Details
APN R020219
Property Type Multifamily, Mixed Use (+1)
Sub Type Apartment Building, Student Housing
Square Footage 2,121
Units 2
Beds 4
Tenancy Multi
Lease Expiration 02/02/2027
Remaining Term 0.6
Price per SqFt $153
Class B
Year Built 2008
Buildings 1
Stories 1
Acreage 0.161
Zoning Multi-Family
Parking Spaces 2 per unit
Ground Lease No

Multifamily | 2 Units | $162,500/unit

Marketing description

DONT MISS THIS AMAZING OPPORTUNITY -- Awesome 2-bedroom 1-bath Duplex \ Excellent Investment with a high income. A must to see and buy !! Discover the perfect blend of convenience, value, and potential with this outstanding real estate opportunity! Whether you're a first-time investor seeking an effortless entry into the market or dreaming of a personal residence with added income, this property delivers. Competitively priced for a swift sale, it offers unbeatable access to everyday essentials—walk to grocery stores, the University, the Medical Center, and enjoy nearby hiking trails for outdoor adventure. Don't miss your chance to secure a versatile investment in a prime location that truly has it all! New Washing Machine Unit A. 2025 Water heater replacement Unit B. 2023 HVAC unit repair Unit B 2023 Remodel/update Unit B 2024 - New paint throughout -New cabinet hardware throughout -New flooring in the kitchen, bathroom, and entry. -Shampooing of carpets -New toilet parts. -New sink faucet and shower head. -New ceiling fans and lightbulbs throughout

Investment highlights

Investor Opportunity: Updated 2-Bedroom, 1-Bath Duplex in a Convenient Location

Positioned as a strong income-producing property, this 2-bedroom, 1-bath duplex offers an excellent opportunity for investors seeking rental potential, long-term value, and a convenient location. The property is competitively priced for a timely sale and is well-suited for a first-time investor, portfolio expansion, or an owner-occupant looking to offset expenses with rental income.

Tenants will appreciate the walkable access to grocery stores, the university, the medical center, and nearby hiking trails, creating broad appeal for students, healthcare workers, professionals, and outdoor-minded renters. The location supports strong rental demand while offering everyday convenience and lifestyle benefits.

Recent improvements help reduce near-term maintenance concerns and add value, including a new washing machine in Unit A, water heater replacement in Unit B in 2025, HVAC repair in Unit B in 2023, and a remodel/update to Unit B in 2024. Updates include new paint throughout, new cabinet hardware, new flooring in the kitchen, bathroom, and entryway, carpet shampooing, new toilet parts, a new sink faucet and shower head, and new ceiling fans and light bulbs throughout.

With its combination of income potential, recent upgrades, desirable access to key amenities, and versatile ownership options, this duplex is a compelling investment opportunity worth serious consideration. Call me so you don't miss out on this amazing investment opportunity.

Listing Contacts

AG
NM REC-2026-0197

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Zoning

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R-4 ResidentialMulti FamilyMultiple Family Dwelling
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View all 28 uses
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Mike Nelson
License
12890
Brokerage
Coldwell Banker Sudderth Nelson
Brokerage Phone
575-434-1234
Title
Broker of Record
Brokerage Address
800 Scenic Dr Alamogordo, NM 88310
Name
APRIL GUSTIN-RIGGS
License
REC-2026-0197
Brokerage
Coldwell Banker Sudderth Nelson
Brokerage Phone
5058595920
Title
Real Estate Associate Broker
Brokerage Address
800 North Scenic Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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