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    421 Maple Ave Chama, NM 87520

    For Sale
    $399,000

    COMMERCIAL - Contemporary - Chama, NM

    Property size:
    3,800 SF
    Lot size:
    0.16 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 421 Maple Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    R009013
    Interior features
    InteriorSteps
    Size
    3,800 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1997
    Architectural style
    Contemporary

    Realty One of Chama (575) 756-1351

    Listing agent Christie Bundren (505) 980-0816 License #50003

    Listing date Aug 16, 2025

    Copyright © 2025 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.

    Overview

    Remodeled Income Property Near Railroad

    This property in Chama, NM, presents a rare income opportunity near the Cumbres & Toltec Scenic Railroad, restaurants, and shops. The property offers possibilities such as VRBO, multi-generational living, or use as a duplex with rental income from the other units. The main house, approximately 1900 square feet, features 3 bedrooms, 3 bathrooms, two kitchens, and a laundry room. A 950-square-foot casita can serve as a guest house, rental, or studio, featuring natural light, new flooring, paint, and a large kitchen. The property is set up as three rentals with varying floorplans, each wired for separate electric and gas by unit. The first unit has a large floorplan with a staircase leading to 2 bedrooms and 2 baths on the second level, including one ensuite bedroom/bathroom. The first level includes the kitchen, and the living and dining areas receive sunlight through large north and east-facing windows. The second unit has one bedroom and one bath. The casita is a separate, fully remodeled house with two bedrooms and one bath. The property, situated on a 0.16-acre lot, offers 3800 square feet of living space and versatility.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Chama
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.58037
    Latitude
    36.9039

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    FAQs

    What type of property is this?
    Triplex - Versatile triplex near Cumbres & Toltec Scenic Railroad.
    Where is this triplex located?
    The property is located at 421 Maple Ave Chama, NM.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Income-generating property with three potential rental units.; - Remodeled main house (approx. 1900 sq ft) features 3 bedrooms, 3 baths, and 2 kitchens.; - Separate, fully remodeled casita (approx. 950 sq ft) offers 2 bedrooms and 1 bath.
    (505) 980-0816
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    421 Maple Ave Chama, NM 87520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    421 Maple Ave Chama, NM 87520
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