14-Unit Apartment
For Sale
$925,000
301 N ORCHARD Avenue, Farmington, NM 87401
Residential Income, Farmington, NM
Property SizeContact for details
Lot Size0.29 Acres
Days on Market50
Property Features for 301 N ORCHARD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Fam Med Dens
Bedrooms
15
Bathrooms
14
Full bathrooms
14
Rooms
Bedroom 15, Bathroom 13, Bathroom 10, Bedroom 2, Bathroom 8, Bathroom 9, Bedroom 12, Bathroom 2, Bathroom 6, Bedroom 5, Bathroom 12, Bathroom 4, Bedroom 11, Bathroom 3, Bathroom 11, Bedroom 9, Bathroom 1, Bedroom 14, Bathroom 5, Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 10, Bathroom 14, Bedroom 6, Bedroom 4, Bedroom 8, Bathroom 7, Bedroom 13
Appliances
Refrigerator, Oven/Range
Subdivision
Hunter's Addition
Elementary school
Apache Elementary
Middle school
Tibbetts Middle School
High school
Farmington High School
Directions
From Main Street, North on Orchard to 301.
Standard status
Active
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
HUNTER'S ADDITION THE EAST 140 FT OF LOT 1 AND THE EAST 140 FT OF SOUTH 40 FT OF LOT 2 BLOCK 3 BK.1705 PG.182
Tax Annual Amount
7269
Legal Description
HUNTER'S ADDITION THE EAST 140 FT OF LOT 1 AND THE EAST 140 FT OF SOUTH 40 FT OF LOT 2 BLOCK 3 BK.1705 PG.182
Utilities
Heating system
Natural Gas
Cooling system
Evaporative Cooling
Building Details
Floors in Building
2
Number of units
14
Roof type
Tar/Gravel
Listing Agency:
RE/MAX of Farmington · RE/MAX International
Listed By:
Darin W Cahoon · License #47191
(505) 327-4777
Added: Sep 4
Changed: Oct 19
Last Checked: Oct 23 at 1:06AM
MLS# 26-1113
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.
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Investment Insights
Based on property information with market context.
Apple Orchard is a 14-unit apartment property at 301 N Orchard Avenue in Farmington. The 0.289-acre site has a tar-and-gravel roof, natural-gas heating and evaporative cooling. Refrigerators and oven/ranges are listed among the property’s appliances.
The reported annualized cap rate is approximately 7.37%, based on financials from Jan.-June 2026.
The reported annualized cap rate is approximately 7.37%, based on financials from Jan.-June 2026.
Key Highlights
- 14 apartment units
- Approximately 7.37% annualized cap rate based on Jan.-June 2026 financials
- 0.289‑acre property at 301 N Orchard Avenue in Farmington
Property Analytics
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Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Natural-gas heating and evaporative cooling serve the property, which also includes refrigerators and oven/ranges.
Where is this apartment building located?
The property is located at 301 N ORCHARD Avenue Farmington, NM.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 14 apartment units; Approximately 7.37% annualized cap rate based on Jan.-June 2026 financials; 0.289‑acre property at 301 N Orchard Avenue in Farmington
