3-Unit Triplex with Updated
New
For Sale
$350,000
706 N DUSTIN Avenue, Farmington, NM 87401
Residential Income, Farmington, NM
Property SizeContact for details
Lot Size0.22 Acres
Days on Market3
Property Features for 706 N DUSTIN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Fam Low Dens
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4
Appliances
Refrigerator, Oven/Range
Subdivision
Eaton addition
Elementary school
McKinley Elementary
Middle school
Tibbetts Middle School
High school
Farmington High School
Directions
From 20th, take a right onto Dustin, home is on the right.
Standard status
Active
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
BEG 1001 FT NORTH AND 25 FT EAST OF SW CORNER OF SEC 10 29 13; THENCE NORTH 78 FT, EAST 125 FT, SOUTH 78 FT, WEST 125 F
Tax Annual Amount
2721
Legal Description
BEG 1001 FT NORTH AND 25 FT EAST OF SW CORNER OF SEC 10 29 13; THENCE NORTH 78 FT, EAST 125 FT, SOUTH 78 FT, WEST 125 F
Utilities
Cooling system
Evaporative Cooling
Building Details
Floors in Building
1
Number of units
3
Listing Agency:
RE/MAX of Farmington · RE/MAX International
(505) 327-4777
Listed By:
Crystal Chavez · License #REC20220894
(505) 793-1530
Added: Oct 13
Changed: Oct 14
Last Checked: Oct 15 at 3:06AM
MLS# 26-1264
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.
Investment Insights
Based on property information with market context.
This Farmington triplex contains three rental units on a 0.22-acre lot. Each unit has a remodeled bathroom, with additional flooring and paint updates in select areas. Unit B has a newly installed wall furnace. Refrigerators and ovens/ranges are included, and the property has evaporative cooling.
The units are fully occupied, and the property has a 10.6% gross cap rate. Established tenants and a history of rental income accompany the three-unit configuration.
The units are fully occupied, and the property has a 10.6% gross cap rate. Established tenants and a history of rental income accompany the three-unit configuration.
Key Highlights
- Three rental units; 100% occupancy
- 10.6% gross cap rate
- 0.22‑acre lot in Farmington, NM
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
893
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
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Frequently Asked Questions
What type of property is this?
Triplex - All three residences are occupied, with established tenants and remodeled bathrooms throughout.
Where is this triplex located?
The property is located at 706 N DUSTIN Avenue Farmington, NM.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three rental units; 100% occupancy; 10.6% gross cap rate; 0.22‑acre lot in Farmington, NM
