Farmington NM Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Baths:
6.00
MLS#:
24-1160
Subdivision:
Showcase Subdivision

ADDITIONAL INFORMATION

Roof and Evaporative coolers were replaced in 2022. Tenants pay gas & electric with separate meters. Landlord is paying water, sanitation & sewer. Current rents have not been evaluated or increased in many years. All tenants have occupied the property for over two years and are now on a month to month basis. Property is located close to schools, shopping and convenience. Each unit has 2 bedrooms and 2 baths. The current lender does have an FHA loan available with an owner occupant.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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Farmington Real Estate

The median home value in Farmington, NM is $195,300. This is higher than the county median home value of $163,600. The national median home value is $219,700. The average price of homes sold in Farmington, NM is $195,300. Approximately 58.72% of Farmington homes are owned, compared to 28.78% rented, while 12.5% are vacant. Farmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington real estate agent to arrange a tour today!

Farmington, New Mexico 87402 has a population of 45,857. Farmington 87402 is more family-centric than the surrounding county with 31.52% of the households containing married families with children. The county average for households married with children is 29.28%.

The median household income in Farmington, New Mexico 87402 is $55,179. The median household income for the surrounding county is $49,686 compared to the national median of $57,652. The median age of people living in Farmington 87402 is 32.9 years.

Farmington Weather

The average high temperature in July is 90.9 degrees, with an average low temperature in January of 20 degrees. The average rainfall is approximately 11.6 inches per year, with 13.6 inches of snow per year.

Farmington Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    104
    30-day change

Farmington Schools and Demographics

Education near Farmington, NM

Metric City County
High School Graduates 86.48 83.68
College Degree - 2 year 10.79 10.48
College Degree - 4 year 20.19 14.56
Graduate Degree 5.86 4.83
Expenditures per Student 9,244 10,499
Students per Teacher 15.8 16.8

Elementary Schools near Farmington, NM

School Grades Students P/T Ratio ZIP
Esperanza Elementary School PK - 05 610 14.7 87401
Kirtland Elementary School KG - 06 602 14.9 87417
Ladera Del Norte Elementary School KG - 05 598 15.9 87401
McKinley Elementary School KG - 05 614 15.4 87401
Mesa Verde Elementary School KG - 05 582 16.6 87401
Northeast Elementary School KG - 05 556 15 87401

Middle Schools near Farmington, NM

School Grades Students P/T Ratio ZIP
Grace B. Wilson Elementary 04 - 06 230 14.7 87417
Heights Middle School 06 - 08 695 16.4 87401
Hermosa Middle School 06 - 08 563 14.6 87401
Kirtland Middle School 07 - 08 474 15.3 87417
Mesa View Middle School 06 - 08 612 15.3 87401
Tibbetts Middle School 06 - 08 578 12.9 87401

High Schools near Farmington, NM

School Grades Students P/T Ratio ZIP
Central High School 09 - 12 815 18.1 87417
Farmington High School 09 - 12 1,424 17.3 87401
Piedra Vista High School 09 - 12 1,407 17.2 87402

Ungraded Schools near Farmington, NM

School Grades Students P/T Ratio ZIP
* Rocinante High School 09 - 12 176 16.2 87401
New Mexico Virtual Academy 06 - 12 529 43.1 87409

Demographics near Farmington, NM 87402

Metric Zip Code City
Neighborhood Type Small Town
Population 45,857 128,221
Population Density 1,332 23
Median Age 32.9 34.6
People per Household 2.9 3
Median Household Income 55,179 49,686
Average Income per Capita 26,404 22,665