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About This Home

This 4-bedroom, 3-bathroom residential multi family at 502 E Green Avenue in Gallup, NM is listed for $325,000 ($108 per sqft). Built in 1950, the home offers 3,000 sqft of living space on a 0.16 acres lot.

Agent Description

Excellent investment opportunity in the heart of Gallup, NM! This fully rented triplex offers strong cash flow with an estimated 8.4% cap rate and a proven tenant track record, making it an ideal addition to any investor's portfolio. Each unit includes in-unit washer and dryer hookups, providing added convenience and tenant appeal.

Located along the I-40 corridor, Gallup serves as a major hub for healthcare, railroad, tourism, and regional commerce, attracting consistent rental demand. Out-of-town investors will appreciate Gallup's affordability, stable rental market, proximity to outdoor recreation, and rich Native American culture and history. A turnkey income-producing property with long-term upside potential!

Key Features

  • Built in 1950
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
3 full
1950

Amenities

A/C

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

502 E Green Avenue

Gallup, NM 87301

Property Details

Flooring

CarpetTileWood

Construction

Frame Stucco

Heating

Propane (Heating)

Cooling

Window Unit(s)

Appliances

DryerDishwasherMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 502 E Green Avenue is listed at $325,000 ($108/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.16 acre lot, 2 stories.

This property is listed by Kano Malik Nious and can be reached at 5059798788 or kano.cbl.nious@gmail.com.

KN

Kano Malik Nious

Agent at Coldwell Banker Legacy

(505) 979-8788

Listed by Coldwell Banker Legacy · View on Broker Site

MLS# 1103300· Source: listhub· Updated 33 days ago

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

502 E Green Avenue, Gallup, NM 87301

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