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Fourplex with Evaporative Cooling
For Sale
$375,000

216 N COURT Avenue, Farmington, NM 87401

Residential Income, Farmington, NM

Property SizeContact for details
Lot Size0.05 Acres
Days on Market10

Property Features for 216 N COURT Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description Multi-Fam Med Dens
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 3
Elementary school McKinley Elementary
Middle school Tibbetts Middle School
High school Farmington High School
Directions North on Court from Main St., Building on East side of street.
Subdivision 7I
Standard status Active
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description BK.1693 PG.579
Legal Description BK.1693 PG.579

Utilities

Cooling system Evaporative Cooling

Building Details

Floors in Building 1
Number of units 4
Listing Agency: Coldwell Banker Cornerstone · Coldwell Banker Real Estate
Listed By: Doug R Pilling · License #15623
Added: Sep 17 Changed: Sep 18 Last Checked: Sep 26 at 5:06PM
MLS# 26-1182

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This fourplex is configured as a residential income property in Farmington, New Mexico. The property occupies 0.054 acres and includes evaporative cooling. Room data identifies four bedrooms and four bathrooms. Its location on N Court Avenue places the property near downtown Farmington, with the 87401 postal area providing additional location context.

Key Highlights

  • Fourplex residential income property
  • 0.054‑acre lot
  • Evaporative cooling

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Garden Center HVAC Service Pharmacy Food Market Tech Support Center

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,025
Businesses Nearby

Demographics for 87401, NM

44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Residential income property offering fourplex configuration near downtown Farmington.
Where is this quadplex located?
The property is located at 216 N COURT Avenue Farmington, NM.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fourplex residential income property; 0.054‑acre lot; Evaporative cooling
More about this property
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