Residential Income

Gallup, NM Residential Income Properties for Sale

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Ramah, NM
Triplex with In-Unit Washer/Dryer Hookups
Updated: Apr 29
Triplex with In-Unit Washer/Dryer Hookups

502 E Green Avenue, Gallup, NM 87301

$325,000
3,000 sqft 0.16 AC lot
Fully rented triplex with an estimated 8.4% cap rate
In‑unit washer and dryer hookups
0.16‑acre lot with a 3,000 SF property
Frame and stucco construction
Propane heating with window‑unit cooling
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Three-Unit Multifamily Investment Property
Updated: May 6
Three-Unit Multifamily Investment Property

202 S Strong Drive, Gallup, NM 87301

Contact for pricing
2,302 sqft
Great investment opportunity with income potential
Three units included in the property
All units are currently occupied
Includes essential appliances (refrigerator and stove) in all units
One unit includes a washer and dryer
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Red Roof Inn
Red Roof Inn

3304 West Highway 66, Gallup, NM 87301

$5,350,000
52,000 sqft

Red Roof Inn – Gallup, NM

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Multi-Unit Residential Income Property
Multi-Unit Residential Income Property

105 E Logan Ave, Gallup, NM 87301

Contact for pricing

Multi-unit residential income property on a spacious lot, just a few blocks from downtown Gallup.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Gallup, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Property with Additional House
Multifamily Property with Additional House

416 hwy 66, Milan, NM 87021

$865,000
22,000 sqft

Includes 17 units plus a house, offering potential to expand on the same property.

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Duplex with Two Rental Units
Duplex with Two Rental Units

701 Lava, Milan, NM 87021

$139,000
1,922 sqft 0.38 AC lot

Duplex on a spacious lot with separate electric and gas meters and long-term renters in place.

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Updated Multifamily Building
Updated Multifamily Building

730 2nd St, Grants, NM 87020

Contact for pricing

Updated multifamily property with a 10-unit flex configuration and reported good rental history.

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RV Park With Service Building
RV Park With Service Building

1708 Zuni Canyon Rd, Grants, NM 87020

Contact for pricing

RV park property includes a 50-by-30 service building with recent pro-panel roofing and multiple shower bathrooms.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land with Views and Utilities
Land with Views and Utilities

E Elk Drive lot: 14, Ramah, NM 87321

$39,000
5.40 AC lot

5.4 acres of land with power, meadows, and views.

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Recreation and Home Building Land
Recreation and Home Building Land

700 Timberlake Road, Ramah, NM 87321

$117,000
6.36 AC lot

6.36-acre parcel in Timberlake Ranch with existing well, septic system, and RV hookups.

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40 Acres in Apache County
40 Acres in Apache County

Witch Well Ranches lot: 78, St Johns, AZ 85936

Contact for pricing
40.78 AC lot

High-desert property near St. Johns, AZ, bordering State Trust Land.

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Recreational and Agricultural Land Parcel
Recreational and Agricultural Land Parcel

N Drive, St Johns, AZ 85936

Contact for pricing
18.00 AC lot

Gated ranch access and horse-and-livestock privileges make this acreage well suited for recreational or residential use.

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Off-Market Properties in Gallup, NM

Consider similar Off-Market properties in Gallup, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

610 Wilson Ave
Multifamily properties

610 Wilson Ave, Gallup, NM 87301

Value Estimation by Request
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Duplicate
Land

0 Duplicate, Gallup, NM 87301

Value Estimation by Request
12.20 AC lot
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Duplicate
Land

0 Duplicate, Gallup, NM 87301

Value Estimation by Request
12.20 AC lot
View details
Gallup, NM 87301
MOBILE HOME PARK, TRAILER PARK

Gallup, NM 87301

$300,000
Estimated value
2.33 AC lot
View details

Gallup, NM Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Gallup, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 57,302 square feet of properties for sale, with an estimated market value of $5,675,000.

Sale prices for residential income properties in Gallup, NM start at $325,000, averaging $2,837,500, and reaching up to $5,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 3
Triplexes 2

Demographics Overview

Population 37K
Population Growth (5Y) +6.9%
Median Household Income $50,451
College Educated 9.2%

High-Yield Neighborhoods for Investment

Identify Gallup submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
87301 $2.8M

Taxes & Financing

Tax Rate (average for all types) 4.17%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McKinley County

New Delisted

Total CRE Inventory on Market (SF)

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