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Triplex with In-Unit Laundry
For Sale
$325,000

502 E Green Avenue, Gallup, NM 87301

All three units are rented, and each has washer and dryer hookups.

Property Size3,000 SF
Price / SF$108.33
Days on Market10

Property Features for 502 E Green Avenue

General Information

Standard status Active
Size 3,000 SF
Property subtype Residential Income
Zoning R-1
Occupancy 100%

Additional Details

Cap Rate 8.4%
Highway Access Yes
Multifamily Units 3
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,027

Amenities

in-unit washer and dryer hookups
Carpet,Tile,Wood
true
3
4
Washer Hookup,Dryer Hookup,In Unit
Listing Agent
0.16
Survey
3000
1

Building Details

Building Size 3,000 SF
Year Built 1950
Stories 2
Listing Agency:
Listed By: Ron Davidson
Source: Homeauthority
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 4:15PM

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 Ron Davidson

Rey
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Investment Insights

Based on property information with market context.

This 3,000-square-foot triplex in Gallup contains three units and was built in 1950. All units are currently rented, and each includes in-unit washer and dryer hookups. Interior finishes include carpet, tile, and wood.

The property is located at 502 E Green Avenue in Gallup, New Mexico, along the I-40 corridor. It is zoned R-1.

Key Highlights

  • Three‑unit triplex with 3,000 square feet
  • All three units are rented
  • Washer and dryer hookups inside each unit

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

795
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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All three units are rented, and each has washer and dryer hookups.
Where is this triplex located?
The property is located at 502 E Green Avenue Gallup, NM.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three‑unit triplex with 3,000 square feet; All three units are rented; Washer and dryer hookups inside each unit
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