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Triplex with In-Unit Washer/Dryer Hookups
For Sale
$325,000

502 E Green Avenue, Gallup, NM 87301

MULTI_FAMILY - Gallup, NM

Property Size3,000 SF
Lot Size0.16 Acres
Price / SF$108.33
Days on Market105

Property Features for 502 E Green Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description R-1
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Appliances Dryer, Dishwasher, Microwave, Refrigerator, Washer
Directions take I-40 West toward Gallup. take Exit 22 for Miyamura Drive/Montoya Boulevard. Stay left toward the Central Business District. Continue on Ford Drive, then keep left onto Miyamura Opas and continue onto S. Ford Drive. Turn right onto E. Green Avenue. Property will be on the left.
Subdivision 530 - McKinley
Standard status Active
APN NOTAVAILABLE
Size 3,000 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 1027

Utilities

Heating system Propane (Heating)
Cooling system Window Unit(s)

Amenities

in-unit washer and dryer hookups

Building Details

Year built 1950
Floors in Building 2
Number of units 3
Flooring type Wood, Carpet, Tile
Building materials Frame, Stucco
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Kano Malik Nious · License #54529
Added: Apr 29 Changed: Aug 1 Last Checked: Aug 11 at 10:06PM
MLS# 1103300

Copyright © 2026 Southwest MLS. 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 triplex is positioned as a fully rented, income-producing property on a 0.16-acre lot. Built in 1950, the frame and stucco structure is equipped with in-unit washer and dryer hookups and includes appliances such as a refrigerator, dishwasher, microwave, washer, and dryer. Interior finishes include wood, carpet, and tile flooring.

The property is located along the I-40 corridor in Gallup, New Mexico, serving as a hub for healthcare, railroad activity, tourism, and regional commerce. The offering is described as benefiting from consistent rental demand.

Additional building systems include propane heating and window-unit air conditioning. The triplex’s overall configuration and amenity set are intended to support tenant convenience and day-to-day functionality.

Key Highlights

  • Fully rented triplex with an estimated 8.4% cap rate
  • In‑unit washer and dryer hookups
  • 0.16‑acre lot with a 3,000 SF property

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Pharmacy Skin Care Clinic HVAC Service 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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
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

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 - Triplex with in-unit washer and dryer hookups, propane heating, and window-unit cooling.
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: Fully rented triplex with an estimated 8.4% cap rate; In‑unit washer and dryer hookups; 0.16‑acre lot with a 3,000 SF property
More about this property
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