Triplex with Adobe Main
New
For Sale
$627,000
1007 Don Juan Street, Santa Fe, NM 87501
ResidentialIncome, Santa Fe, NM
Property Size1,807 SF
Lot Size0.12 Acres
Price / SF$346.98
Days on Market1
Property Features for 1007 Don Juan Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
R-10
Bedrooms
4
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4
Interior features
InteriorSteps
Elementary school
Gonzales
Middle school
Gonzales
High school
Santa Fe
Directions
North on St. Francis. Left on Agua Fria St. Right on La Madera St. Right on Don Juan St. House on the left.
Standard status
Active
APN
12324736
Size
1,807 SF
Lot size
0.12 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
LOT 10 BLK 15 ; with title
Legal Description
LOT 10 BLK 15 ; with title
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
full fenced
private parking
Building Details
Year built
1920
Floors in Building
2
Number of units
3
Building materials
Adobe, Frame
Architectural style
Other
Buildings
2
Listing Agency:
Sotheby's Int. RE - Railyard
(505) 982-9836
Listed By:
Grant Alexander · License #49808
(505) 455-8880
Added: Nov 6
Last Checked: Nov 6 at 12:06PM
MLS# 202604693
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.
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Investment Insights
Based on property information with market context.
This 1,807-square-foot triplex occupies a 0.12-acre parcel in Santa Fe. The front residence is an adobe home built in 1920, with vigas, beams, wood floors, and thick adobe walls. A duplex was added behind it in the 90s, bringing the property to three units. Each rear unit has a vaulted living room, a compact kitchen, a lofted bedroom reached by ladder, and outdoor space.
The property is fully tenant-occupied and has a cap rate above 6%. It is steps from the railyard and river trail. The grounds are fenced, with private parking behind a gate. Public water and public sewer serve the property.
The property is fully tenant-occupied and has a cap rate above 6%. It is steps from the railyard and river trail. The grounds are fenced, with private parking behind a gate. Public water and public sewer serve the property.
Key Highlights
- Three units across a 1,807‑square‑foot property on 0.12 acres
- 1920 adobe home at the front, with a duplex added at the rear in the 90s
- Each rear unit features a vaulted living room, kitchen, lofted bedroom, and outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,817
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,340
$536.3K
Cap Rate 7%
$383,100
$383.1K
Cap Rate 9%
$297,967
$298.0K
Market Conditions
NOI Build-Up for 1,807 SF
Gross rent
$40.1K $22.20/SF
− Vacancy
−$1.8K −$1.00/SF
EGI
$38.3K $21.20/SF
− OpEx
−$11.5K −$6.36/SF
NOI
$26.8K $14.84/SF
Area
Santa Fe County, NM
Vacancy
4.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,340
Cap Rate 7%
$383,100
Cap Rate 9%
$297,967
Alternative Uses
Best Use
Multifamily LT 5
$383.1K
$335.2K – $447.0K
NOI $26,817 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$354.2K
$309.9K – $413.2K
NOI $24,793 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$490.7K
$429.3K – $572.5K
NOI $34,347 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,374
Businesses Nearby
Explore this area
Business Placement
Demographics for 87501, NM
15,116
Population
10,480
Households
1.4
Avg Household Size
58
Median Age
61%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
299
Density / Sq Mi
$81,229
Median Household Income
$52,851
Median Earnings
$1,516
Median Rent
$649,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Santa Fe, NM
Properties on Market for Triplexes in Santa Fe
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences comprise a front home and a rear duplex.
Where is this triplex located?
The property is located at 1007 Don Juan Street Santa Fe, NM.
What is the asking price?
The asking price for this property is $627,000.
What are key features of this property?
This property features: Three units across a 1,807‑square‑foot property on 0.12 acres; 1920 adobe home at the front, with a duplex added at the rear in the 90s; Each rear unit features a vaulted living room, kitchen, lofted bedroom, and outdoor space
