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Three-Unit Multifamily Investment Property
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202 S Strong Drive, Gallup, NM 87301

Three-unit property near downtown, all units currently occupied.

Property Size2,302 SF
Price / SF$47.78
Days on Market96

Property Features for 202 S Strong Drive

General Information

Standard status Active
Size 2,302 SF
Property subtype Multifamily
Zoning MXN

Building Details

Year Built 1945
Listing Agency: Re/Max Combined Investments
Listed By: Alicia Pulley · License #14369
Source: Crexi
Added: May 6 Changed: Aug 8 Last Checked: Aug 8 at 7:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Combined Investments

Investment Insights

Based on property information with market context.

This property features three units, presenting an investment opportunity. Units 202 S. Strong and 204 S. Strong each contain two bedrooms and one bathroom, and include a refrigerator and stove. Unit 204 S. Strong B is a one-bedroom, one-bathroom unit equipped with a washer, dryer, stove, and refrigerator. The property is located close to the downtown area. The property has a size of 2,302 square feet and all units are currently occupied.

Key Highlights

  • Great investment opportunity with income potential
  • Three units included in the property
  • All units are currently occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Hair Salon HVAC Service Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property near downtown, all units currently occupied.
Where is this triplex located?
The property is located at 202 S Strong Drive Gallup, NM.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Great investment opportunity with income potential; Three units included in the property; All units are currently occupied
(505) 240-5135 Call to check price and availability
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