Gallup NM Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 1,060
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1945
- Baths:
- 3.00
- MLS#:
- 20245058
ADDITIONAL INFORMATION
Opportunity awaits! New to the market is a single family home with a duplex in the back, making this multi-unit property an ideal option for an investor or anyone that would like to live in the main house and utilize the duplex in the back for potential rental income. Unit A is a 2 bed/1 bath and Unit B is a 1 bed/1 bath, both units will need to be rehabilitated to bring them to their full potential. The 7500 sq.ft. lot provides plenty of space for regular and RV parking. Also located in an area that is near shopping, dining, Hwy 491 and the I-40 so taking advantage of all these conveniences is only a stone’s throw away! Take a closer look and see if this property is something that may fit your needs!
$169,900
103 E Logan Avenue Gallup, NM 87301
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Year built:
- 1940
- Baths:
- 1.00
- MLS#:
- 20243514
ADDITIONAL INFORMATION
Explore an outstanding investment opportunity at 103 E Logan, Gallup, NM. Tucked away in a peaceful cul-de-sac with minimal traffic, this property offers unmatched privacy and convenience. Minutes from downtown and the Hospitals. Set on a spacious lot, parking is ample and hassle-free. Featuring multiple units, you can comfortably reside in one unit while leveraging rental income from the other to significantly offset your mortgage expenses, an irresistible proposition for astute investors. Demographics for Investors: Gallup, NM, is a diverse community known for its affordability and strong community spirit. The median household income stands around $36,208, coupled with a cost of living index below the national average, making it an attractive hub for rental property investments. Strategically located along historic Route 66 and in close proximity to natural wonders such as Red Rock Park, Gallup appeals to both residents and tourists alike.
$210,000
1406 Copper Avenue Gallup, NM 87301
- Type:
- Multi-Family
- Sq.Ft.:
- 1,938
- Status:
- Active
- Beds:
- 3
- Year built:
- 1956
- Baths:
- 3.00
- MLS#:
- 20235115
ADDITIONAL INFORMATION
Rare 3 unit rental. 3- one bed one bath units. 2 of 3 remodeled. Good rental history.
Gallup Real Estate
The median home value in Gallup, NM is $132,500. This is lower than the county median home value of $136,200. The national median home value is $219,700. The average price of homes sold in Gallup, NM is $132,500. Approximately 49.57% of Gallup homes are owned, compared to 33.06% rented, while 17.36% are vacant. Gallup 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 Gallup real estate agent to arrange a tour today!
Gallup, New Mexico has a population of 22,063. Gallup is more family-centric than the surrounding county with 29.88% of the households containing married families with children. The county average for households married with children is 25.79%.
The median household income in Gallup, New Mexico is $43,598. The median household income for the surrounding county is $30,336 compared to the national median of $57,652. The median age of people living in Gallup is 29.5 years.
Gallup Weather
The average high temperature in July is 88 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 12.8 inches per year, with 33.7 inches of snow per year.