610 S Fifth St, Gallup, NM 87301
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
610 S Fifth St,Gallup, NM 87301
$235,000
- - Beds
- - Baths
- 2,832 sq. ft.
- Single family
- Active
Listed by: jason valentine
Office: coldwell banker high desert realty
MLS#:20261172
Source:NM_RANM
Price summary
- Price:$235,000
- Price per sq. ft.:$82.98
About this home
Investment Opportunity 3 Unit Multi-Family | Gallup, NM Excellent opportunity to acquire a centrally located 3-unit multi-family property at 610 S Fifth Street. This 24 unit property features three 2-bedroom, 1-bath units totaling approximately 2,832 square feet. Property is tenant occupied with separate electric, gas, and water meters, helping simplify management and expense control. Current rents are below market value, creating immediate upside potential for investors seeking improved cash flow. With strategic rent adjustments aligned to market rates, this asset offers strong income growth potential and attractive long-term returns. Situated on a corner lot near Fifth and Logan, the property offers convenient access to city amenities. Each unit includes functional layouts, dedicated living space, and access to on-site laundry facilities. Frame and stucco construction, pitched shingle roof, and city utilities provide a solid foundation for continued performance. Whether you are expanding your portfolio or entering the multi-family market, this property presents a compelling value at $235,000 with room to increase revenue and enhance overall yield. Shown by appointment only. 24-hour notice required. Pre-qualified buyers only....
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Home facts
- Year built:1935
- Listing ID #:20261172
- Added:132 day(s) ago
- Updated:July 10, 2026 at 03:19 PM
Rooms and interior
- Flooring:Hardwood, Laminate, Tile
- Living area:2,832 sq. ft.
Heating and cooling
- Heating:Baseboard, Wall Furnace
Structure and exterior
- Roof:Pitched
- Year built:1935
- Building area:2,832 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Frame, Stucco
- Exterior Features:Rain Gutters, Sidewalk
Schools
- High school:None/Other
- Middle school:None/Other
- Elementary school:None/Other
Utilities
- Water:City
Finances and disclosures
- Price:$235,000
- Price per sq. ft.:$82.98
- Tax amount:$2,693
Features and amenities
- Amenities:Ceiling Fan(s), Rain Gutters, Sidewalk
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