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502 E Green Avenue

Gallup, NM 87301
  • $325,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 1103300
UPDATED: 63 min ago
$325,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $108
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

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!

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IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-06-14T21:05:02.867.
www.albuquerquerealestateservices.com/homes/176303621
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502 E Green Avenue Gallup, NM 87301

  • Price: $325,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 63 min ago
  • MLS #: 1103300
4
Beds
3
Baths
0
½ Baths
0.16
Acres
3,000
SQFT
$108
$/SQFT
1950
Built
Neighborhood:
530 - McKinley
County:
Mckinley
Area:
530 - McKinley
Property 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!
Exterior Features

Construction Materials Frame Stucco Levels Two

Interior Features

Appliances Dryer Dishwasher Microwave Refrigerator Washer Cooling Window Unit(s) Cooling YN Yes Flooring Carpet Tile Wood Heating Propane Heating YN Yes Laundry Features Washer Hookup Dryer Hookup In Unit

Property Features

Accessibility Features None Builder Name UNKNOWN Building Area Total 3000 Community Features Storage Facilities Green Energy Generation None Gross Income 36000 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VA Loan New Construction YN No Occupant Type Owner Operating Expense 5700 Owner Pays Electricity Gas Sewer Trash Collection Water Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 1027.4 Tenant Pays None Total Actual Rent 3045 Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R-1

Southwest MLS] logo Listing courtesy of Coldwell Banker Legacy: (505) 828-1000. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-06-14T21:05:02.867.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112