612 Camino De La Luz Santa Fe, NM 87505
MULTI_FAMILY - Other - Santa Fe, NM
Property Features for 612 Camino De La Luz
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-1, 2, 3, 4, 5, 6
- Bedrooms
- 6
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1
- Interior features
- NoInteriorSteps
- Standard status
- Active
- APN
- 018104295
- Size
- 1,552 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- T17N R10E S30, 0.126 AC
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Flat
- Architectural style
- Other
Listing agent Janet Frederick License #19636 (720) 480-4803
Listing office RE/MAX Avante 150 Washington Ave #201, SANTA FE, NM (505) 552-3088
Listing date Oct 13, 2025
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.
Investment Insights
Based on property information with market context.
The building is located at 612 Camino De La Luz in Santa Fe, New Mexico. The listing describes the area as being just minutes from shops, dining, galleries, and cultural attractions, supporting a tenant or owner-occupant lifestyle that stays close to local amenities.
With two units under one roof, the property can fit buyers looking for a multi-unit residence where they may live in one unit and lease the other, or buyers seeking a straightforward duplex ownership structure. The R-1, 2, 3, 4, 5, and 6 zoning designation indicates residential use consistent with a duplex configuration. Given the stated need for repairs and updates, this is most suitable for buyers prepared to invest in improvements while tailoring the finish level to their intended use.
Key Highlights
- Pueblo‑style duplex built in 1968 with two units
- Two‑unit layout: lower level has a 3‑bedroom, 1‑bathroom unit
- Interior features include no interior steps
Local 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 | $34.5k | $22.20 |
| − Vacancy | −$1.6k | −$1.00 |
| EGI | $32.9k | $21.20 |
| − OpEx | −$9.9k | −$6.36 |
| NOI | $23.0k | $14.84 |
