302 E Coal Avenue, Gallup, NM 87301
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
302 E Coal Avenue,Gallup, NM 87301
$145,000
- 2 Beds
- 3 Baths
- 4,257 sq. ft.
- Multi-family
- Active
Listed by:michael mazel
Office:keller williams realty gallup living
MLS#:20254073
Source:NM_RANM
Price summary
- Price:$145,000
- Price per sq. ft.:$34.06
About this home
Prime 4-Unit Multi-Family Investment Opportunity Discover an exceptional income-producing property in a desirable location, perfect for investors or owner-occupants seeking rental income. This 4-unit multi-family property, situated on a spacious 0.47-acre lot, offers a diverse mix of living spaces to attract a variety of tenants. With a total of 4,257 square feet of living space across four distinct units, this property is a rare find with strong rental potential. Property Details: • House #1: Spacious 3-bedroom, 1-bathroom home with 1,509 sq. ft. of living space. Ideal for families or professionals, this unit boasts generous room sizes and a comfortable layout, perfect for long-term tenants. • House #2: Cozy 2-bedroom, 1-bathroom home offering 1,156 sq. ft. of living space. This charming unit provides a warm and inviting atmosphere, appealing to small families or couples. • Apartment #1: Expansive 4-bedroom, 1-bathroom apartment with 750 sq. ft. of living space. Perfect for larger households or shared living arrangements, this unit maximizes space and functionality. • Apartment #2: Modern 2-bedroom, 1-bathroom apartment featuring 842 sq. ft. of living space. This unit offers a contemporary layout, ideal for young professionals or small families. Property Highlights: • Large Lot: Situated on a generous 0.47-acre parcel, providing ample outdoor space for tenant enjoyment, potential landscaping. • Versatile Income Potential: Four distinct units offer flexibility for rental income, with a mix of larger and smaller units to attract diverse tenants. • Well-Maintained: Each unit is designed for low-maintenance living, ensuring ease for property management and tenant satisfaction. • Prime Location: Conveniently located in downtown Gallup making it highly desirable for renters. Whether you’re looking to expand your real estate portfolio or secure a property with steady cash flow, this multi-family gem offers endless possibilities. Don’t miss out on this rare opportunity to own a versatile, income-generating property with strong market appeal. Contact us today to schedule a viewing or for more information!
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Home facts
- Year built:1940
- Listing Id #:20254073
- Added:32 day(s) ago
- Updated:August 12, 2025 at 03:34 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Living area:4,257 sq. ft.
Heating and cooling
- Cooling:A/C - Evaporative, Ceiling Fan(s), Electric, Evaporative Cooling
- Heating:FORCED AIR, Fireplace(s), Floor Furnace, Wall Furnace
Structure and exterior
- Roof:Metal, Shingle
- Year built:1940
- Building area:4,257 sq. ft.
- Lot area:0.47 Acres
Utilities
- Water:Meters (Water Combined), Water-City
- Sewer:Sewer Connected
Finances and disclosures
- Price:$145,000
- Price per sq. ft.:$34.06
- Tax amount:$1,567 (2024)
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