Santa Fe Duplex with Rental
1417 Agua Fria Street Santa Fe, NM 87505
For Sale
$798,000
MULTI_FAMILY - Other - Santa Fe, NM
Property Size1,742 SF
Lot Size0.30 Acres
Price / SF$458.09
Days on Market114
Property Features for 1417 Agua Fria Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-1, 2, 3, 4, 5, 6
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3
- Parking features
- Carport
- Security features
- Security
- Interior features
- NoInteriorSteps
- Fireplace
- 1
- Appliances
- Dryer, Dishwasher, Disposal, GasWaterHeater, Microwave, Oven, Range, Refrigerator, Washer, TanklessWaterHeater
- Standard status
- Active
- APN
- 010793600
- Size
- 1,742 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TR E, .3047 AC, S27 T17N R9E
- Tax Annual Amount
- 2441
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating), Fireplace(s), Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Block, Frame
- Roof type
- Metal
- Architectural style
- Other
Listing Agency:
Living Santa Fe LLC
(505) 660-1108
Listed By:
Anna Vanderlaan · License #42918
(505) 231-3410
Added: Apr 3
Changed: Jul 25
Last Checked: Jul 25 at 4:06AM
MLS# 202601364
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 property is set up as a duplex but can easily be converted into a single-family home. It has been used for extended stay rentals (30 days +) and long-term tenants, and it is suitable for short-term rentals. One unit is a one-bedroom, 850-square-foot space with front and back portals, original oak floors, a cook's kitchen with full-size appliances, and a bathroom with a shower and soaking tub. The bedroom measures 12x12 and includes two closets. The other unit is also 850 square feet and features two bedrooms, a 3/4 bath with double sinks, a kitchen with a movable island and storage, a portal, and a fenced backyard. The property has the potential for adding another unit. It includes a 6'x20 basement, an accessible crawl space suitable for utilities, and an attic with 16" of insulation. Remodeling included replumbing, rewiring, insulation, restuccoing, and new kitchens, baths, doors, and windows. There is also a shed. An entry gate could provide complete privacy. An EV charger is located at the carport. The lot size is 0.3 acres.
Key Highlights
- Duplex setup with door between units, easily convertible to a single‑family home
- Two units, each about 850 SF: front 1 bed/1 bath; back unit has 2 beds and 3/4 bath with double sinks
- Recent remodel includes replumbing, rewiring, insulation, re‑stucco, and new kitchens, baths, doors, and windows
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 | $38.7k | $22.20 |
| − Vacancy | −$1.7k | −$1.00 |
| EGI | $36.9k | $21.20 |
| − OpEx | −$11.1k | −$6.36 |
| NOI | $25.9k | $14.84 |
1,742 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$369.3K
$323.2K – $430.9K
NOI $25,852 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$341.4K
$298.8K – $398.4K
NOI $23,901 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$473.0K
$413.9K – $551.9K
NOI $33,112 @ 7.0% cap · market cap 4.15%
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 - Duplex adaptable for single-family, long-term, or short-term rental.
Where is this duplex located?
The property is located at 1417 Agua Fria Street Santa Fe, NM.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: Duplex setup with door between units, easily convertible to a single‑family home; Two units, each about 850 SF: front 1 bed/1 bath; back unit has 2 beds and 3/4 bath with double sinks; Recent remodel includes replumbing, rewiring, insulation, re‑stucco, and new kitchens, baths, doors, and windows
