$159,900
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533 & 533 1/2 South 2Nd Street, Raton, NM 87740

4 Beds
2 Baths
1,952 Sq Ft

This versatile Raton property offers two separate living units on a 7,000 sq ft lot with residential-commercial zoning, giving you maximum flexibility for living, renting, or launching a business. Whether you're looking for a multi-generational home, rental income, or a live-work setup, this property checks every box.Main House (533 S 2nd):2 bedrooms | 1 full bathroom1,208 sq ft of bright and functional living spaceCozy living room and well-sized kitchenPerfect for homeowners or as a long-term rentalDetached Apartment (5331/2 S 2nd):2 bedrooms | 1 bathroom744 sq ft, located above a 3-car garagePrivate entrance, ideal for tenants, guests, or home office3-Car Garage + Bonus Space:Three full bays - ideal for vehicles, storage, workshop, or business useExtra parking and alley accessZoning Advantage:Residential-commercial zoning allows for flexible useGreat for a home-based business, studio, rental portfolio, or short-term rentalHigh visibility with easy access to downtown RatonWith a solid footprint and strong income potential, this is a rare chance to own a multi-use property in a central location. Live in one unit and rent the other, or use both as income-producing properties.The possibilities are wide open - live, work, invest, or all three. Currently Tenant Occupied.

  • MLS# 11516092
  • Date Listed06/04/2025
  • Days on Realty 181 Days
  • Bedrooms 4
  • Bathrooms 2 Full baths
  • Lot Size 0.16 acres (7,000 sq. ft)
  • Sewer Public Sewer
  • Property Type Single Family
  • Year Built 1940
  • Water Public
  • Square Feet 1,952 sq. ft
  • Price Per Sq. Ft $81.92

Interior Features

  • Appliances Oven, Refrigerator
  • Flooring Hardwood, Laminate
  • Heating Natural Gas, Forced Air

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres 0.16
  • Lot Size SQFT 7,000.00
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NM / 87740

Source: Walkscore

63/100

Somewhat Walkable

Walk Score ®

46/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 18/100.

Property Change History

Agent added 4 new photos to the listing
5963 photos
List Price decreased from $169,900 to $159,900
Price Per Square Foot decreased from $87.04 to $81.92
Agent added 41 new photos to the listing
1859 photos

Points of Interest near 533 & 533 1/2 South 2nd street, Raton, NM 87740

Frequently Asked Questions for 533 & 533 1/2 South 2nd street

Source: Realty.com

533 & 533 1/2 South 2nd street, Raton, NM 87740 is a Single Family 1,952 sq. ft. home listed for sale. Realty.com has 63 photos available of this 4 bed, 2 bath house, listed at $159,900. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 63 photos of 533 & 533 1/2 South 2nd street.

Our records indicate that 533 & 533 1/2 South 2nd street was built in 1940.

The full address for this home is 533 & 533 1/2 South 2nd street, Raton, NM 87740.

533 & 533 1/2 South 2nd street has been listed on Realty.com since Wed June 04, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 18/100.

There are 2 schools assigned to this home. Check out the schools near 533 & 533 1/2 South 2nd street. Longfellow Elementary School (Grades: PK - 2), Raton Middle School (Grades: 3 - 6)

Listing provided courtesy of: Willow Springs Realty & Property Management Llc (tel: 505-309-1851)
Listing agent: Jessica Roybal (tel: 505-309-1851) (#147030)

This content last refreshed on 2025-12-02 08:58:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 533 & 533 1/2 South 2nd street, Raton, NM 87740 : MLS# 11516092