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About This Home

This 3-bedroom, 2-bathroom single family at 509 N Fifth in Carlsbad, NM is listed for $236,000 ($168 per sqft). the home offers 1,404 sqft of living space on a 0.04 acres lot.

Agent Description

Investment Opportunity Meets Comfortable Living in the Heart of Carlsbad! Welcome to 509 N 5th in Carlsbad, New Mexico a unique and versatile property offering endless possibilities! The main residence features 3 bedrooms, 2 bathrooms, a cozy fireplace, and even a small basement for added storage or flexible use.

Whether you're looking for a primary residence or income-producing potential, this property checks all the boxes. Out back, you'll find a detached 4-car garage with an additional 1-bedroom, 1-bath guest apartment complete with a small kitchen, perfect for extended family, guests, rental income, or a private office space.

With separate electric meters for Units A, B, and C, this property offers outstanding potential as an investment opportunity, multi-generational living setup, or owner-occupant income property. Conveniently located in Carlsbad, this rare find combines space, functionality, and income potential all in one package. Dont miss your chance to own a property with flexibility and opportunity at every turn!

Key Features

  • 0.04 acre lot
  • 4 parking spaces
  • Fireplace

Property Details

1 story
2 full
4 spaces

Amenities

FireplaceA/C

Monthly Cost Estimate

$1,262/mo

20% down · 6.5% · 30 years

Principal$171
Interest$1,023
Insurance$69

Estimates only. Actual payments may vary.

Location

509 N Fifth

Carlsbad, NM 88220

Features & Amenities

Interior Features

BasementCeiling Fan(s)

Property Details

Flooring

Carpet

Construction

Wood Siding

Pool Features

Patio

Heating

Electric (Heating)

Cooling

Electric

Appliances

DishwasherFree-Standing Range

Questions & Answers

This 3-bedroom, 2-bathroom single family at 509 N Fifth is listed at $236,000 ($168/sqft). The estimated monthly payment is $1,023 based on 20% down at 6.5% interest.

Key features include: 0.04 acre lot, 4 parking spaces, Fireplace. Interior Features: Basement, Ceiling Fan(s).

This property is listed by Chad Bridges and can be reached at 8062526210 or thebridgesteam@kw.com.

CB

Chad Bridges

Agent at Keller Williams Realty - Cl/Ho

(806) 252-6210

Listed by Keller Williams Realty - Cl/Ho · View on Broker Site

MLS# 20262727· Source: listhub· Updated 23 days ago

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

509 N Fifth, Carlsbad, NM 88220

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