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Farmington Multifamily Investment Opportunity
For Sale
Contact for pricing
Pending

914 WALNUT Drive A B C D, Farmington, NM 87401

Four units, each with two bedrooms and one bathroom.

Property SizeContact for details
Days on Market101

Property Features for 914 WALNUT Drive A B C D

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Units 4
Listing Agency: RE/MAX of Farmington
Listed By: Darin Cahoon · License #47191
Source: Crexi
Added: May 24 Changed: Aug 8 Last Checked: Aug 2 at 4:55PM

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 RE/MAX of Farmington

Investment Insights

Based on property information with market context.

This income-producing investment opportunity features two duplex buildings, offering a total of four units. Each unit includes two bedrooms and one bathroom. Off-street parking is available. The units are currently renting at $1,000 per month per unit. Tenants are responsible for paying electric and gas utilities.

Key Highlights

  • Income‑producing investment opportunity
  • Four 2‑bedroom, 1‑bathroom units offering comfortable living spaces
  • Benefit from off‑street parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

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

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?
Duplex - Four units, each with two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 914 WALNUT Drive A B C D Farmington, NM.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Income‑producing investment opportunity; Four 2‑bedroom, 1‑bathroom units offering comfortable living spaces; Benefit from off‑street parking
(505) 608-0731 Call to check price and availability
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