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801 N 5th Street, Melrose, NM 88124

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For Sale

$87,500

3 beds • 2 baths • 1,595 sqft

Estimated Payment

$ 499 /mo. †

6.63% APR for 30 yrs.
$612 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $54.86
    Price per square foot

  • Fireplace
    Heating System

Explore this Property

Step into the warmth and character of this delightful home built in 1927, offering a blend of vintage charm and modern updates. Located in the heart of the picturesque town of Melrose, this home boasts tall ceilings, hardwood floors, and a thoughtfully designed layout that maximizes space and comfort. The spacious living and dining area is perfect for entertaining, featuring an open flow and an abundance of natural light. A separate, cozy office offers a quiet retreat for work or study, while two of the bedrooms are conveniently located near the main living areas. The third bedroom, tucked away for added privacy, is ideal for guests or a peaceful sanctuary. With two bathrooms, updated flooring, and original hardwoods, this home offers a perfect balance of classic style and modern convenience. The darling corner porch on the NW corner is an inviting space to relax and enjoy the view of the large corner lot, perfect for gardening or outdoor activities. Outside, you'll find a detached garage/workshop, ideal for storage or pursuing hobbies, and plenty of space to add your personal touch. This home is located just moments from Melrose's charming downtown, offering a wonderful opportunity to live in a welcoming community with rich history. Don't miss the chance to make this sweet 1927 cottage your own!
MLS# 20251387

Courtesy Of WEICHERT, REALTORS - The 505 Group

(575) 762-5611

Property Features

  • Amenities
    Ceiling Fan
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood
  • Heating System
    Fireplace, Radiant, Stove
  • Lot Size
    0.24 Acres

Map and Directions

Directions to 801 N 5th Street, Melrose, NM 88124

Home seller CENTURY 21 Champions, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Champions, Inc.

(505) 865-3381
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $448
  • Property Taxes
    $51
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $499

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Melrose Elementary School

Grades PK-6 Public School

Melrose, NM 88124 0.1 miles
100 e missouri ave

168 total students
16:1 Student teacher ratio

School Rating: B-

School Details

Melrose Junior

Grades 7-8 Public School

Melrose, NM 88124 0.1 miles
100 e missouri ave

53 total students
19:1 Student teacher ratio

School Rating: A+

School Details

Melrose High School

Grades 9-12 Public School

Melrose, NM 88124 0.1 miles
100 e missouri ave

71 total students
16:1 Student teacher ratio

School Rating: B

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Melrose, NM 88124

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Melrose, NM 88124

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
23° January
Coldest Average Month
493 Total Households in Area
-1.1% Increase in population since the year 2010
23.3%
of households
have children
27 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Melrose, NM 88124

Melrose, NM 88124 has a population of 1,217 people in 493 households with a median age of 45.5 years old.

-1.1%
Decrease in population
since the year 2010
Population is Trending down
520
Total households as of 2010
-1.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 45.5 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 77%
Hispanic 21%
Other 9%
Native American 1%
Asian <1%
Black <1%
The most prevalent ethnicity is White at 77%, followed by Hispanic at 21%, Other at 9%, and Native American at 1%.

Economics
for Melrose, NM 88124

2 /sq mi
Population Density
$56,886 /yr
Median Household Income
$211,656
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 17.67% of the households.

Transportation to Work

  • Drive 93%
  • Walk or Bike 3%
  • Work from Home 3%
  • Public Transit 0%

Occupancy by Type

Owned 389 63%
Vacant 126 20%
Rented 104 17%

White vs Blue Collar Jobs







White Collar 71%
Blue Collar 29%

Family & Education Facts
for Melrose, NM 88124

45.5 Median Age

Average Household Size

2.5
persons per
household

56.9%

Married Households

Community Population By Education

Some College 29%
High School Graduate 22%
Some High School 19%
Bachelors Degree 13%
Associates Degree 10%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 29.06% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23.3% of households have children

Weather
for Melrose, NM 88124

The weather for this area ranges from a high of 91° F in July to a low of 23° F in January

91° July
Hottest Average Month
23° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
23°
52°
Feb
26°
57°
Mar
31°
64°
Apr
40°
73°
May
49°
81°
Jun
58°
89°
Jul
62°
91°
Aug
61°
89°
Sep
54°
83°
Oct
43°
73°
Nov
32°
61°
Dec
25°
53°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 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. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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