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Updated Triplex with Three Residences
For Sale
$1,250,000

3327 Caminito Quintana, Santa Fe, NM 87507

MULTI_FAMILY - Santa Fe, NM

Property Size3,712 SF
Lot Size0.17 Acres
Price / SF$336.75
Days on Market134

Property Features for 3327 Caminito Quintana

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description R-1
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 7
Window features Skylight(s)
Interior features Skylights
Exterior features Lighting
Appliances Refrigerator
Directions From St MichaelsHead toward US-84 E/US Hwy 285 SMerge onto US-84 E/US Hwy 285 STurn right onto W Zia RdContinue straight onto NM-300 W/Rodeo RdContinue onto NM-284 W/Airport RdTurn right onto Caminito Quintana
Subdivision 300 - City of Santa Fe
Standard status Active
APN 054198144
Size 3,712 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 2474

Utilities

Heating system Ductless (Heating)

Building Details

Year built 1960
Floors in Building 1
Number of units 3
Flooring type Carpet
Listing Agency: Keller Williams Realty
Listed By: Garcia Group
Added: Mar 20 Changed: Jul 30 Last Checked: Jul 31 at 6:06AM
MLS# 1107636

Copyright © 2026 Southwest MLS. 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 updated triplex offers three distinct residences within one property, supporting owner-occupant use, guest stays, or rental flexibility. Interior features include skylights, and heating is provided by ductless systems. Appliances noted include a refrigerator.

The front residence includes updates such as new flooring, countertops, windows, doors, a water heater, a breaker panel, a ProPanel roof, and a washer/dryer. The casita has new flooring, cabinetry, windows, plumbing, and an upgraded breaker panel. The two-story main residence features new flooring, updated windows and doors, remodeled bathrooms, upgraded kitchen cabinetry, an electric fireplace, and a new breaker panel.

The property is listed as including both 3323 and 3327 Caminito Quintana in Santa Fe, NM. Built in 1960, the lot size is 0.17 acres and the property size is 3,712 square feet. Exterior lighting is also included.

Key Highlights

  • Three distinct residences in an updated triplex
  • Front residence updated with new water heater, breaker panel, and ProPanel roof
  • Casita updated with new flooring, cabinetry, windows, plumbing, and upgraded breaker panel

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 $82.4k $22.20
− Vacancy −$3.7k −$1.00
EGI $78.7k $21.20
− OpEx −$23.6k −$6.36
NOI $55.1k $14.84
3,712 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$787.0K
$688.6K – $918.2K (±1% cap)
NOI $55,089 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$727.6K
$636.6K – $848.8K (±1% cap)
NOI $50,930 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$1.01M
$882.0K – $1.18M (±1% cap)
NOI $70,558 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby

Demographics for 87507, NM

51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Updated triplex on 0.17 acres with ductless heating and skylights, containing three separate residences.
Where is this triplex located?
The property is located at 3327 Caminito Quintana Santa Fe, NM.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three distinct residences in an updated triplex; Front residence updated with new water heater, breaker panel, and ProPanel roof; Casita updated with new flooring, cabinetry, windows, plumbing, and upgraded breaker panel
More about this property
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