610 Wilson Ave, Gallup, NM 87301
This exceptional value-add investment opportunity presents four single-family homes situated on a single lot in Gallup, New Mexico. Priced at $395,000, or $98,750 per unit, this portfolio offers significant potential for rental income. Currently, all four units are vacant and undergoing renovations, including new windows, stucco, and soon-to-be-installed new roofs. While utilities are connected to only one home, individual meters are in place for each property. The properties are sold "as-is," requiring buyer due diligence. Note that there is no cooling system in any of the units, and heating sources vary. Some sewer and water connections have been updated. The zoning is R1. The total square footage, bedroom count, and bathroom count represent the aggregate of all four homes. Lockboxes are available on each unit. While the year built is unknown, this package presents a unique chance to acquire a multi-family rental portfolio in a growing market. The seller is not providing a property disclosure and will not connect any utilities not currently operational. The seller also owns four additional homes that could potentially be included in this package. The APN is 2105088270454.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.