Duplex with Shared
136 E Santa Fe Avenue Santa Fe, NM 87505
For Sale
$551,000
MULTI_FAMILY - Other - Santa Fe, NM
Property Size1,246 SF
Price / SF$442.22
Days on Market52
Property Features for 136 E Santa Fe Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Interior features
- InteriorSteps
- Appliances
- Dryer, Oven, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 910016109
- Size
- 1,246 SF
Taxes and HOA fees
- Tax Description
- See exhibit A and B. Title to verify. Title to verify.
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Flat
- Architectural style
- Other
Listing Agency:
Corcoran Plaza Properties
(505) 982-4466
Listed By:
Ayden L. Gramm · License #53193
(310) 467-7017
Added: Jun 3
Changed: Jul 20
Last Checked: Jul 24 at 10:06AM
MLS# 202602398
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale property is a duplex comprising two parcels that are sold as a package but may be closed separately. The duplex includes a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, for two total units in this building.
The two parcels share common laundry and shared storage spaces. The property also features a courtyard with mature trees.
Additional parcel details are listed under the referenced parcel numbers and MLS numbers, and the package includes a separate triplex as described in the remarks.
The two parcels share common laundry and shared storage spaces. The property also features a courtyard with mature trees.
Additional parcel details are listed under the referenced parcel numbers and MLS numbers, and the package includes a separate triplex as described in the remarks.
Key Highlights
- Package includes two parcels: 910016109 & 910016110, with addresses 136 E Santa Fe Ave and 138 E Santa Fe Ave (duplex + triplex, 5 total units).
- Duplex unit mix: one 2BD/1BA unit and one 1BD/1BA unit; triplex includes one 2BD/1BA unit and two 1BD/1BA units (see other listing for triplex).
- Shared laundry and shared storage spaces between the two buildings.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.7k | $22.20 |
| − Vacancy | −$1.2k | −$1.00 |
| EGI | $26.4k | $21.20 |
| − OpEx | −$7.9k | −$6.36 |
| NOI | $18.5k | $14.84 |
1,246 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$264.2K
$231.2K – $308.2K
NOI $18,492 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$244.2K
$213.7K – $284.9K
NOI $17,096 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$338.3K
$296.1K – $394.7K
NOI $23,684 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two parcels feature a duplex with two residences and shared laundry, storage, and courtyard areas.
Where is this duplex located?
The property is located at 136 E Santa Fe Avenue Santa Fe, NM.
What is the asking price?
The asking price for this property is $551,000.
What are key features of this property?
This property features: Package includes two parcels: 910016109 & 910016110, with addresses 136 E Santa Fe Ave and 138 E Santa Fe Ave (duplex + triplex, 5 total units).; Duplex unit mix: one 2BD/1BA unit and one 1BD/1BA unit; triplex includes one 2BD/1BA unit and two 1BD/1BA units (see other listing for triplex).; Shared laundry and shared storage spaces between the two buildings.
