306 E Rose Street
Carlsbad, NM 88220
5
Bed
3
Bath
2,900Sqft
5,172.02Sqft(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 you’re 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: 3 -
Flooring Information
Hardwood, Laminate, Other -
Roofing Information
Shingle -
Interior Features
Ceiling Fan(s) Roof: Shingle Appliances: Dishwasher, Dryer, Free-Standing Range, Washer, Other, Water Heater Window Features: Blinds -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Electric, Central Air
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Building Information
Year Built: 1960 Building Area Total: 2900 Construction Materials: Stucco Stories: 1 Patio And Porch Features: Patio, Covered Private Pool: No
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Lot Information
Lot Dimensions: 64.99' x 159.49' ; 64.99' x 176.03' Main Square Feet: 5172.0179 Square Feet Lot Size Acres: 0.1187 Lot Size Square Feet: 5172.0179
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Listing Price Information
Listing Price: $350000 Cash, Conventional
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Tax Information
Parcel Number: 4158129098508; 4158129098523 Tax Year: 2026 Annual Tax: $2867.8 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
Attached Carport
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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 |
|---|---|---|---|---|---|
| 703 & 703.5 W Lea Street, Carlsbad, NM, 88220 | $110,000 | 1 | 1 | 558 | 558 SqFt |
| 1624 Pecos Highway, Carlsbad, NM, 88220 | $270,000 | 2 | 2 | 1,404 | 1,404 SqFt |
| 1903 Connie Road, Carlsbad, NM, 88220 | $299,500 | 3 | 2 | 1,280 | 1,280 SqFt |
| 2001 E Derrick Road, Carlsbad, NM, 88220 | $560,000 | 3 | 2 | 2,937 | 2,937 SqFt |
| 507 Oakwood Place, Carlsbad, NM, 88220 | $500,000 | 5 | 3 | 2,748 | 2,748 SqFt |
| 5404 Sioux Road, Carlsbad, NM, 88220 | $669,000 | 3 | 3 | 2,504 | 2,504 SqFt |
| 3720 N Pat Garrett Road, Carlsbad, NM, 88220 | $525,000 | 4 | 3 | 2,143 | 2,143 SqFt |
| 809 Colonial Court, Carlsbad, NM, 88220 | $358,999 | 3 | 2 | 2,322 | 2,322 SqFt |
| 3711 N Pat Garrett Road, Carlsbad, NM, 88220 | $354,375 | 3 | 2 | 1,658 | 1,658 SqFt |
| 3617 S Sunnyview Avenue, Carlsbad, NM, 88220 | $419,875 | 4 | 3 | 2,106 | 2,106 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 06/12/2026 @ 09:32
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