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502 E Green Ave, Gallup, NM, 87301

4beds
3baths
3,000sqft
$325,000
$108price/sqft
$2,134/moest. monthly cost
$85,360/yrincome needed

About This Home

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!

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

4/10
Lincoln Elementary SchoolGrades PK-50.9 mi
7/10
Gallup Middle SchoolGrades 6-80.3 mi
4/10
Gallup High SchoolGrades 9-125.1 mi

Construction

Condition

  • Property condition: Resale

Materials

  • Construction materials: Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,In Unit

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Flooring: Carpet,Tile,Wood

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: NOTAVAILABLE
  • Zoning description: R-1

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,969 sqft