108 Service Road
Ruidoso, NM 88345
6
Bed
3
Bath
2,769Sqft
0.17Acre(Lot)
Turn-key income opportunity in the cool pines! This renovated, well-kept triplex features three 2-bedroom, 1-bathroom units, each thoughtfully updated and currently occupied by full-time, paying tenants, so your cash flow starts on Day 1. Tucked into a quiet neighborhood with quick access to Ruidoso's hospital complex and more, the property has updated plumbing, electrical, framing, painting, and more. Each unit is low-maintenance and appealing to long-term renters in a town where long-term rentals are very hard to find. Whether you're expanding your portfolio or making your first investment, this triplex delivers reliable returns with none of the renovation legwork. Three units, one roof, zero vacancy = a rare chance to own an established income stream in a bustling tourist town.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 Full Baths: 3 -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Dryer, Gas Oven, Gas Range, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central, Natural Gas Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s)
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Building Information
Year Built: 1943 Construction Materials: Wood Siding Stories: 2 Patio And Porch Features: Deck Private Pool: No View: Trees/Woods -
Exterior Features
Exterior Features: Balcony
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Lot Information
Main Square Feet: 0.17 Acres Lot Size Acres: 0.17 Lot Description: Cleared, LevelProperty Information
Subdivision: Palmer Gateway Source Property Type: Residential Property SubType: Triplex Levels: Two Property Age: 83
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Listing Price Information
Listing Price: $349000 Cash, Conventional
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Tax Information
Tax Lot: 4-6 Tax Block: 9 Tax Year: 2027 Annual Tax: $3518 Tax Legal Desc: Palmer Gateway Subdivision, Block 9, Lot 4-6, N100' of Lot 4-6
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Parking Information
Paved, Parking Lot
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Utility Information
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected -
Location Information
Direction: From Sudderth Drive, turn north on to Reese Drive and then a quick right again on Service Road. Property will be immediately on the right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| - Pine Shadow Trail, Ruidoso, NM, 88345 | $39,000 | -- | -- | -- | |
| LOT 4 Guenevere Avenue, Ruidoso, NM, 88345 | $38,000 | -- | -- | -- | |
| 101 Sparrow Hawk Court, Ruidoso, NM, 88345 | $499,900 | 3 | 2 | 1,800 | 1,800 SqFt |
| 109 & 111 E Riverside D.., Ruidoso, NM, 88345 | $99,000 | -- | -- | -- | |
| 103 & 105 Wintergreen, Ruidoso, NM, 88345 | $265,000 | 4 | 3 | 2,200 | 2,200 SqFt |
| 316 Eagle Creek Canyon .., Ruidoso, NM, 88345 | $1,399,000 | 6 | 4 | 4,629 | 4,629 SqFt |
| 300 Eagle Creek Canyon .., Ruidoso, NM, 88345 | $949,000 | 3 | 3 | 2,760 | 2,760 SqFt |
| 198 Eagle Creek Canyon .., Ruidoso, NM, 88345 | $1,499,000 | 8 | 6 | 5,962 | 5,962 SqFt |
| 110 Eagle Creek Canyon .., Ruidoso, NM, 88345 | $1,990,000 | 5 | 6 | 5,000 | 5,000 SqFt |
| 313 Mockingbird Lane, Ruidoso, NM, 88345 | $349,000 | 3 | 2 | 1,561 | 1,561 SqFt |
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Ruidoso/Lincoln County Association of REALTORS®. 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. Information deemed reliable but not guaranteed. Copyright ©2026 Ruidoso/Lincoln County Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 08/16/2026 @ 08:20
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