306 E Rose St
Carlsbad, NM 88220
5
Bed
3
Bath
2,900Sqft
0.12Acre(Lot)
Unique investment opportunity! This property features three separate living units, creating excellent income-producing potential. The front unit offers 2 bedrooms, 1 bathroom, a living room, kitchen, and laundry room. The second unit is a studio apartment, while the third unit is a 2-bedroom apartment. Additional features include an RV hookup and, as an added bonus, a separate quarter-acre commercial-zoned lot located directly across the alley, included with the purchase. Whether youre looking to expand your rental portfolio or take advantage of the commercial development potential, this versatile property offers endless possibilities.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 8 -
Flooring Information
Hardwood, Laminate, Other -
Roofing Information
Shingle -
Interior Features
Ceiling Fan(s) Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1960 Building Area Total: 2900 Construction Materials: Stucco Stories: 1 Frontage Length: 65.0 Patio And Porch Features: Covered, Patio Private Pool: No
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Lot Information
Lot Dimensions: 65.0x159.5x176.0 Main Square Feet: 0.12 Acres Lot Size Acres: 0.12 Lot Size Square Feet: 5227.2
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Listing Price Information
Listing Price: $330000 Original Price: $350000 Cash, Conventional
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Tax Information
Parcel Number: 4158129098508; 41581 Annual Tax: $2868 Tax Legal Desc: Subd: SOUTH Y LAND DIVISION #1 Lot: 13A Quarter: SW S: 17 T: 22S R: 27E Subd: SOUTH Y LAND DIVISION #1 Lot: 13B Quarter: SW S: 17 T: 22S R: 27E
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Parking Information
Parking Total: 1 Carport
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School Information
Elementary School: None/OtherJunior High School: None/OtherSenior High School: None/Other -
Location Information
Direction: Head east on Old Cavern Hwy, turn left on Rose Street home is located on the left side.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 708 Ruby, Carlsbad, NM, 88220 | $465,500 | 4 | 3 | 2,266 | 2,266 SqFt |
| 1624 Pecos, Carlsbad, NM, 88220 | $270,000 | 2 | 2 | 1,404 | 1,404 SqFt |
| 2001 E Derrick Rd Rd, Carlsbad, NM, 88220 | $510,000 | 3 | 2 | 2,937 | 2,937 SqFt |
| 1509 Papershell Rd, Carlsbad, NM, 88220 | $262,000 | 4 | 2 | 2,099 | 2,099 SqFt |
| 1503 Smedley Rd, Carlsbad, NM, 88220 | $180,000 | 3 | 1 | 1,530 | 1,530 SqFt |
| 507 Oakwood Pl, Carlsbad, NM, 88220 | $500,000 | 5 | 3 | 2,748 | 2,748 SqFt |
| 5404 Sioux Rd, Carlsbad, NM, 88220 | $664,000 | 3 | 3 | 2,504 | 2,504 SqFt |
| 1617 Muscatel Ave, Carlsbad, NM, 88220 | $525,000 | 4 | 3 | 2,437 | 2,437 SqFt |
| 809 Colonial Ct, Carlsbad, NM, 88220 | $358,999 | 3 | 2 | 2,322 | 2,322 SqFt |
| 1024 Malibu Way, Carlsbad, NM, 88220 | $485,000 | 5 | 3 | 2,436 | 2,436 SqFt |
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Nearby For Sale
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.
ByOwner last updated this listing 08/29/2026 @ 00:46
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