Exceptional Investment or Multi-Family Opportunity in One of Taos’ Most Desirable Neighborhoods Set on a wonderful .27-acre lot graced with beautiful old-growth trees, this unique property offers charm, flexibility, and outstanding income potential in the heart of Taos. 313 A & B Montoya features an original 1950s adobe, thoughtfully remodeled around 2011, now configured as two separate 1-bedroom, 1-bath residences (542 sq ft and 931 sq ft), offering excellent rental possibilities. For those seeking a single-family residence, the adobe could easily be reimagined as a spacious 2-bedroom, 2-bath home. Also included is 317 Montoya, a newly renovated and well-maintained 2-bedroom, 1-bath manufactured home, ideal as an additional rental or guest residence. 315 Montoya presents even more upside—a 3-bedroom, 1-bath modular home with carport ready for restoration, or perhaps conversion into a garage, workshop, studio, or creative space. With projected rental income of approximately $6,000 per month, this is a rare opportunity for investors, multi-generational living, or those seeking a flexible live/work compound. Surrounded by mature trees and nestled in one of Taos’ best neighborhoods, this property combines income potential, character, and future possibilities in an exceptional setting. Don’t miss this rare chance to own a truly versatile investment property in the heart of Taos.
- Utilities:
- Separate Meters
- Country:
- US
- State:
- NM
- County:
- Taos
- City:
- Taos
- Subdivision:
- None
- Zipcode:
- 87571
- Street:
- Montoya Street
- Street Number:
- 313AB 315 317
- Mls Area Major:
- TOWN OF TAOS (45A)
- Directions:
- From Taos Plaza exit Plaza on east side and go through light, which is Kit Carson Road. Take Kit Carson Road to Montoya Street and turn right. Compound is on the left side of street, approx. 5 driveways from Los Pandos intersection.
- Office Name:
- Mariposa Realty of Taos
- Agent Name:
- None
- Number Of Units Total:
- 4
- Tax Annual Amount:
- 1154.0
- List Agent Mls Id:
- 618
- List Office Mls Id:
- 8
- Mls Status:
- Active
- Modification Timestamp:
- 2026-04-30T17:45:00Z
- Originating System Name:
- TAOS
Residential For Sale
313ab 315 317 Montoya Street, Taos, New Mexico 87571
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 114907
- Price :
- $475,000
- Year Built :
- 1950
- Lot Area :
- 0.27 Acre
- Status :
- Active
- Number of Acres :
- 0.27
- Property Sub Type :
- Other
