Investment Opportunity in Hagerman, NM – $150,000 Discover an excellent investment and lifestyle opportunity at 400 S Manchester Ave, Hagerman, NM. This versatile property features a duplex plus an additional studio apartment, offering multiple income streams in one convenient location. Whether you’re an investor or an owner-occupant, this property allows you to live in one unit while generating rental income from the others, helping offset your mortgage or boost cash flow. Located in the quiet community of Hagerman, this property offers small-town charm with strong rental potential. The separate living spaces provide flexibility for long-term rentals, short-term rentals, or multi-generational living. With a price point of $150,000, this is an affordable entry into income-producing real estate. Highlights: Duplex plus separate studio apartment, multiple rental income opportunities, live in one unit, rent the others. Great option for investors or owner-occupants. Affordable price with strong potential Don’t miss this chance to own a property that works for you—whether you’re building your investment portfolio or looking for a home that helps pay for itself.
Hagerman is located in New Mexico. Hagerman, New Mexico has a population of 765. Hagerman is less family-centric than the surrounding county with 19.32% of the households containing married families with children. The county average for households married with children is 27.74%.
The median household income in Hagerman, New Mexico is $49,917. The median household income for the surrounding county is $47,620 compared to the national median of $69,021. The median age of people living in Hagerman is 43 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 13.6 inches per year, with 8.2 inches of snow per year.
