About This Home
This 4-bedroom, 3-bathroom 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.
Key Features
- Built in 1950
- 0.16 acre lot
- 2 stories
Property Details
Amenities
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!
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
502 E Green Avenue
Gallup, NM 87301
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom multi-family at 502 E Green Avenue is listed at $325,000 ($108/sqft). The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
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.