Duplex Condominium in Santa
For Sale
$899,000
625 Don Felix, Santa Fe, NM 87501
MULTI_FAMILY - Other - Santa Fe, NM
Property Size1,706 SF
Lot Size0.14 Acres
Price / SF$526.96
Days on Market52
Property Features for 625 Don Felix
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1, 2, 3, 4, 5, 6
Zoning description
conforming
Bedrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1
Interior features
InteriorSteps
Appliances
Dishwasher, Oven, Range, Refrigerator
Elementary school
Aspen Community Magnet School K-8
Middle school
Milagro
High school
Santa Fe
Directions
Agua Fria to Closson to Don Felix.
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
HOA Fee
$2,000 Annually
Legal 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
(505) 982-9836
Listed By:
Stephanie Duran · License #38495
(505) 204-2491
Added: Jun 10
Changed: Jul 28
Last Checked: Jul 31 at 1:06AM
MLS# 202602424
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.
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 (Units A and B) offered together as a duplex within a three‑unit condominium complex
- Unit A: 1,124 sq. ft. one‑bedroom with two baths plus an office/flex room used as an additional bedroom
- Unit A features include rich wood flooring, beamed ceilings, and graceful arches; includes walk‑in closet and full bath in the primary wing
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
NOI $25,318 @ 7.0% cap · market cap 2.82%
Second Best
Apartment 5plus
$334.4K
$292.6K – $390.1K
NOI $23,407 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$463.3K
$405.4K – $540.5K
NOI $32,428 @ 7.0% cap · market cap 3.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,955
Businesses Nearby
Explore this area
Business Placement
Demographics for 87501, NM
15,116
Population
10,480
Households
1.4
Avg Household Size
58
Median Age
61%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
299
Density / Sq Mi
$81,229
Median Household Income
$52,851
Median Earnings
$1,516
Median Rent
$649,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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 (Units A and B) offered together as a duplex within a three‑unit condominium complex; Unit A: 1,124 sq. ft. one‑bedroom with two baths plus an office/flex room used as an additional bedroom; Unit A features include rich wood flooring, beamed ceilings, and graceful arches; includes walk‑in closet and full bath in the primary wing
