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Triplex With Private Entrances
For Sale
$322,500
Pending

928 Mccormick School Rd, Farmington, NM 87401

Three separately entered residences include individual HVAC, storage, parking, and private outdoor areas.

Property SizeContact for details
Days on Market17

Property Features for 928 Mccormick School Rd

General Information

Standard status Pending
Property subtype Residential Income
Listing Agency: EXP Realty, LLC
Listed By: sjc.rets.aelmore
Source: Exprealty
Added: Sep 10 Changed: Sep 15 Last Checked: Sep 26 at 9:26AM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This triplex contains three two-bedroom, one-bath units, each with a separate entrance, dedicated HVAC system, private concrete backyard, secure storage room, and multiple parking spaces. Interior features include kitchens with gas ranges, refrigerators, cabinetry, tile flooring, dining areas, and stackable washers and dryers. Ceiling fans are provided in the living areas, and the units incorporate accessibility-oriented design elements. An additional storage room serves the owner for equipment and supplies.

Two units are rented, while one is vacant. Tenants pay their own utilities. The property is located at 928 McCormick School Rd in Farmington, near San Juan Regional Medical Center, McCormick School, Downtown Farmington, shopping, dining, and other local services. Durango, CO is less than an hour away. The configuration supports traditional long-term rentals or furnished rental use.

Key Highlights

  • Three 2‑bedroom, 1‑bath units with separate entrances
  • Two units rented; one unit currently vacant
  • Individual HVAC systems, private concrete backyards, and secure storage rooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service

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

385
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately entered residences include individual HVAC, storage, parking, and private outdoor areas.
Where is this triplex located?
The property is located at 928 Mccormick School Rd Farmington, NM.
What is the asking price?
The asking price for this property is $322,500.
What are key features of this property?
This property features: Three 2‑bedroom, 1‑bath units with separate entrances; Two units rented; one unit currently vacant; Individual HVAC systems, private concrete backyards, and secure storage rooms
More about this property
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