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Duplex Condominium in Santa Fe

625 Don Felix Santa Fe, NM 87501

625 Don Felix, Santa Fe, NM, 87501
$899,000
For Sale
$899,000

MULTI_FAMILY - Other - Santa Fe, NM

Property Size1,706 SF
Lot Size0.14 Acres
Price / SF$526.96
Days on Market37

Property Features for 625 Don Felix

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1, 2, 3, 4, 5, 6
Bedrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
Interior features
InteriorSteps
Appliances
Dishwasher, Oven, Range, Refrigerator
Standard status
Active
APN
99313398
Size
1,706 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Description
GUADALUPE CONDOMINIUM (UNIT- A,B,C ) AKA PARCEL 158 GUADALUPE NEIGHBORHOOD

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1945
Floors in Building
1
Number of units
2
Architectural style
Other
Listing Agency Barker Realty, LLC
530 S Guadalupe St., Santa Fe, NM
Listed by Stephanie Duran · License #38495
Added: Jun 10 Checked: Jul 16 at 10:06 pm
MLS# 202602424 Listing URL

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. 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 offering consists of two attached condominiums within a three-unit condominium complex, presented together as a duplex. Unit A features a one-bedroom, two-bath layout with an additional office/flex room that can be used as a bedroom. The interior includes wood flooring, beamed ceilings, and arches, along with a kitchen that opens to the main living areas. Unit A also offers a primary bedroom wing with a spacious walk-in closet and an attached full bath, and a front courtyard entry.

Unit B is a one-bedroom, one-bath condominium with hardwood flooring and an open-concept kitchen, living, and dining area. The kitchen includes natural light and Southwestern tile accents. The bedroom is sized with a walk-in closet and a full bath. Both units are part of the same condominium complex at 625 Don Felix in Santa Fe.

For tenants, owners, or buyers looking for flexibility, the attached duplex configuration allows for separate use within one combined property, supporting options such as rental income, multi-generational living, or an owner residence with a separate income-producing unit. The two distinct layouts, including Unit A’s flex room, can help accommodate different household needs while remaining within a single organized condominium community.

Key Highlights

  • Two attached condominiums (Unit A and Unit B) offered together as a duplex within a three‑unit condominium complex
  • Unit A: 1,124 SF one‑bedroom, two‑bath home with versatile office/flex room used as an additional bedroom
  • Unit B: 582 SF one‑bedroom, one‑bath condo with open‑concept kitchen, living, and dining area

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $37.9k $22.20
− Vacancy −$1.7k −$1.00
EGI $36.2k $21.20
− OpEx −$10.9k −$6.36
NOI $25.3k $14.84
1,706 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$361.7K
$316.5K – $422.0K (±1% cap)
NOI $25,318 @ 7.0% cap · market cap 2.82%
Second Best
Apartment 5plus
$334.4K
$292.6K – $390.1K (±1% cap)
NOI $23,407 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$463.3K
$405.4K – $540.5K (±1% cap)
NOI $32,428 @ 7.0% cap · market cap 3.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Locksmith Storage Facility (Bike/Boat/Book/etc) Store Butcher Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Mobile Phone Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex-style condo offers two attached residences with flexible bedroom/office layout for rental or owner-occupied use.
Where is this duplex located?
The property is located at 625 Don Felix Santa Fe, NM.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two attached condominiums (Unit A and Unit B) offered together as a duplex within a three‑unit condominium complex; Unit A: 1,124 SF one‑bedroom, two‑bath home with versatile office/flex room used as an additional bedroom; Unit B: 582 SF one‑bedroom, one‑bath condo with open‑concept kitchen, living, and dining area
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