533 S 2nd Street
Raton, NM 87740
2
Bed
1
Bath
1,208Sqft
7,000Sqft(Lot)
Investment Opportunity in the Heart of Raton! This versatile property features a 2-bedroom, 1-bath main home paired with a separate 2-bedroom, 1-bath rental unit, offering exceptional flexibility for investors, house hackers, or multifamily living. Live in one unit while generating rental income from the other, or lease both units for maximum cash flow potential. Adding significant value, the property also includes three single-car garage/storage units located beneath the second rental unit, providing additional storage options, tenant convenience, and potential supplemental income. Ideally situated just minutes from downtown Raton, this property offers outstanding walkability. Residents enjoy quick access to the train station, coffee shops, library, shopping, and essential services—all
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1 -
Flooring Information
Hardwood, Vinyl -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Free-Standing Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Natural Gas
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Building Information
Year Built: 1940 Building Area Total: 1208 Construction Materials: Frame, Stucco Private Pool: No
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Lot Information
Main Square Feet: 7000 Square Feet Lot Size Acres: 0.1607 Lot Size Square Feet: 7000 Lot Description: Irregular Lot
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Listing Price Information
Listing Price: $144500 Cash, Conventional
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Tax Information
Parcel Number: 1135185267441 Tax Year: 2026 Tax Legal Desc: Subd: O T RATON Lot: 21 Block: 28 UPC 1135185267441 LAND 1 Subd: O T RATON Lot: 22 Block: 28 UPC 1135185267441 LAND 2 QD 202204359
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Parking Information
Parking Total: 3 DetachedGarage Information
Has Garage: Yes Garage Space: 3
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TBD Whittier Street, Raton, NM, 87740 | $30,000 | -- | -- | -- | |
| 13 MILES Nm Hwy 193, Raton, NM, 87740 | $1,100,000 | 2 | 1 | 1,000 | 1,000 SqFt |
| 35234 Us 87/64 Highway, Raton, NM, 87740 | $649,000 | 6 | 4 | 2,206 | 2,206 SqFt |
| 15 S Pond Lane, Raton, NM, 87740 | $330,000 | 3 | 2 | 1,344 | 1,344 SqFt |
| 25 Linwood Road, Raton, NM, 87740 | $150,000 | -- | -- | 5,000 | 5,000 SqFt |
| 20 N Oakwood Lane, Raton, NM, 87740 | $290,000 | 3 | 2 | 1,520 | 1,520 SqFt |
| 123 Hwy 72 Highway, Raton, NM, 87740 | $79,000 | 2 | 1 | 1,124 | 1,124 SqFt |
| 1211 Calle De La Luna S.., Raton, NM, 87740 | $225,000 | 3 | 3 | 1,584 | 1,584 SqFt |
| 1131 Lincoln Avenue, Raton, NM, 87740 | $269,000 | 5 | 3 | 2,998 | 2,998 SqFt |
| 501 2nd Avenue, Raton, NM, 87740 | $95,000 | 2 | 1 | 1,155 | 1,155 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 08/07/2026 @ 19:40
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