Triplex with In-Unit Laundry
For Sale
$325,000
502 E Green Avenue, Gallup, NM 87301
ResidentialIncome, Gallup, NM
Property Size3,000 SF
Lot Size0.16 Acres
Price / SF$108.33
Days on Market151
Property Features for 502 E Green Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
R-1
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 3
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Directions
take I-40 West toward Gallup. take Exit 22 for Miyamura Drive/Montoya Boulevard. Stay left toward the Central Business District. Continue on Ford Drive, then keep left onto Miyamura Opas and continue onto S. Ford Drive. Turn right onto E. Green Avenue. Property will be on the left.
Subdivision
530 - McKinley
Standard status
Active
APN
NOTAVAILABLE
Size
3,000 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
1027
Utilities
Heating system
Propane (Heating)
Cooling system
Window Unit(s)
Amenities
washer/dryer hookups
Building Details
Year built
1950
Floors in Building
2
Number of units
3
Flooring type
Wood, Carpet, Tile
Building materials
Frame, Stucco
Listing Agency:
Coldwell Banker Legacy · Coldwell Banker Real Estate
(505) 828-1000
Listed By:
Kano Malik Nious · License #54529
(505) 979-8788
Added: Apr 29
Changed: Sep 15
Last Checked: Sep 26 at 9:06AM
MLS# 1103300
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 triplex contains 3,000 square feet on a 0.16-acre parcel and was built in 1950. The property is fully rented, with three residential units that include washer and dryer hookups. Interior finishes include carpet, tile, and wood flooring, while listed appliances include washers, dryers, dishwashers, microwaves, and refrigerators. Heating is provided by propane systems, with window-unit cooling. The structure features frame construction with stucco exterior materials and includes one- through four-bedroom room designations along with three bathrooms.
The property is located in Gallup, New Mexico, along the I-40 corridor. Gallup functions as a regional center for healthcare, railroad activity, tourism, and commerce, with the surrounding area also associated with outdoor recreation and Native American culture and history.
The property is located in Gallup, New Mexico, along the I-40 corridor. Gallup functions as a regional center for healthcare, railroad activity, tourism, and commerce, with the surrounding area also associated with outdoor recreation and Native American culture and history.
Key Highlights
- 3,000‑square‑foot triplex on a 0.16‑acre parcel
- Fully rented three‑unit residential property
- Estimated 8.4% cap rate
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
Explore this area
Business Placement
Demographics for 87301, NM
22,438
Population
7,776
Households
2.9
Avg Household Size
35
Median Age
23%
College-Educated
89%
High-School Grad
39.5 sq mi
ZIP Area
568
Density / Sq Mi
$58,302
Median Household Income
$35,574
Median Earnings
$858
Median Rent
$134,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully rented three-unit property with washer and dryer connections in every residence.
Where is this triplex located?
The property is located at 502 E Green Avenue Gallup, NM.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,000‑square‑foot triplex on a 0.16‑acre parcel; Fully rented three‑unit residential property; Estimated 8.4% cap rate
