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    602 N Orchard Ave Farmington, NM 87401

    Pending
    For Sale
    $399,900

    Apartment Building Complex - Farmington, NM

    Days on Market:
    45
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 602 N Orchard Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    Parking features
    Paved or Surfaced
    Appliances
    Range, Refrigerator

    Utilities

    Heating system
    Natural Gas

    Building Details

    Floors in Building
    1
    Building materials
    Block, Concrete
    Roof type
    Tar/Gravel
    Architectural style
    Other

    RE/MAX of Farmington (505) 327-4777 [email protected]

    Listing agent Darin W Cahoon (505) 327-4777 License #47191

    Listing date Oct 30, 2025

    MLS# 25-168 Listing URL

    Copyright © 2025 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Farmington Apartment Building Investment Opportunity

    This six-unit apartment building is located in Farmington, New Mexico. The property features updated one-bedroom, one-bathroom units designed for comfort and ease. Situated minutes from the downtown area, the property offers potential for value appreciation and increased rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tint Glass Redhouse87 Window Tinting Service Tint Master Window Tinting Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.204904
    Latitude
    36.735422

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    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment building near downtown Farmington, NM.
    Where is this apartment building located?
    The property is located at 602 N Orchard Ave Farmington, NM.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Prime location minutes from the vibrant downtown area.; - Six updated one-bedroom, one-bathroom units.; - Excellent potential for value appreciation.
    (505) 327-4777
    Request Owner's contact information
    602 N Orchard Ave Farmington, NM 87401
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    Farmington, NM 87401
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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
    602 N Orchard Ave Farmington, NM 87401
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