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    Quadplex Income Property Title is generated by Realmo AI

    321 Tesuque, Santa Fe, NM 87505

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    For Sale
    $985,000

    MULTI_FAMILY - Other - Santa Fe, NM

    Property size:
    2,604 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $378/SF
    Added:
    Jan 14, 2026
    Days on Market:
    164
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 321 Tesuque

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-1, 2, 3, 4, 5, 6
    Bedrooms
    5
    Rooms
    Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 2
    Interior features
    InteriorSteps
    Appliances
    Dryer, Dishwasher, Oven, Range, Refrigerator, WaterHeater, Washer
    Standard status
    Active
    APN
    011383168
    Size
    2,604 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Description
    LOT 13, BLK 10, B F YOUNG'S INDIAN SCHOOL ADDITION, S26 T17N R9E

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1948
    Floors in Building
    1
    Number of units
    4
    Building materials
    Adobe, Brick, Block, Frame
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Contact an agent
    Justin C. Jaroszewski

    Listing agent Justin C. Jaroszewski License #49656

    Listing office Keller Williams Realty 130 Lincoln Ave, Ste. K, Santa Fe, NM

    Listing date Jan 14, 2026

    MLS# 202600151 Listing URL

    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.

    HighLights

    • Quadplex with public water and public sewer
    • 3 units currently vacant and ready to be leased; easy to show three of the four units
    • HUD‑compliant for an FHA multifamily loan
    • Built in 1948 with adobe, brick, block, and frame construction
    • Electric heating with baseboard; flat roof
    • Includes appliances such as washer, dryer, refrigerator, dishwasher, oven, and range

    Overview

    This quadplex property includes four units and a total building size of 2,604 square feet on a 0.18-acre lot. According to the seller, the property has had numerous updates and repairs, with additional detail available in the included documents. Three of the four units are currently vacant and ready to be leased, and the listing notes that it is easy to show three of the units.

    Located in Santa Fe, New Mexico at 321 Tesuque, the property is described as being in the “2nd street area.” The listing also emphasizes that the offering is HUD-compliant for an FHA multifamily loan.

    For buyers and operators looking for an income property with in-place vacancy management, the current availability of three units provides an immediate leasing opportunity. With an indicated strong rental history and an easier ownership profile highlighted in the remarks, this asset may be a practical fit for an investor seeking FHA multifamily eligibility while positioning three units to be re-occupied through leasing. Schedule a private tour to review the documents and confirm current unit readiness.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.9649994
    Latitude
    35.6680905

    FAQs

    What type of property is this?
    Quadplex - Four-unit quadplex with three currently vacant units, ready for leasing and eligible for FHA multifamily financing.
    Where is this quadplex located?
    The property is located at 321 Tesuque Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: Quadplex with public water and public sewer; 3 units currently vacant and ready to be leased; easy to show three of the four units; HUD‑compliant for an FHA multifamily loan
    More about this property
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