This is a rare downtown unit in the heart of everything The exterior according to the county assessor is adobe The two units present need upgrading to commend higher rents. You can see some hardwood flooring but under the carpet who knows Heating is panel ray in both units although in one unit there is a wood burning stove Landscaping is done Parking is limited at present but maybe 2 more car spaces could be carved out by chancing fenceing.
Courtesy: Keller Williams Realty
505-610-8516
Exceptional investment and multi-generational living opportunity in the heart of Santa Fe! This updated triplex features three distinct residences offering flexibility, comfort, and income potential. The front home includes new flooring, countertops, windows, doors, water heater, breaker panel, ProPanel roof, and washer/dryer. The casita boasts new flooring, cabinetry, windows, plumbing, and an upgraded breaker panel, making it ideal for guests or rental income. The spacious two-story main residence offers new flooring, updated windows and doors, remodeled bathrooms, upgraded kitchen cabinetry, an electric fireplace, and a new breaker panel. A rare opportunity for investors, owner-occupants, or extended families. Property includes both 3323 and 3327 Caminito Quintana.
TURNKEY INVESTMENT OPPORTUNITY. KNOCK KNOCK. FOUR DETACHED UNITS ON ONE PARCEL SOLD TOGETHER WITH TOTAL OF 3700 + - SQ FT... UNIT # 1 THREE BEDROOMS , TWO HALF BATHS... UNIT # 2 ONE BEDROOM , ONE FULL BATH CASITA with back yard and New insulated TPO roof. UNIT # 3 TWO BEDROOM ONE BATH with large open air patio. UNIT # 4 TWO BEDROOMS , ONE FULL BATH with back yard. Great location in downtown Santa Fe. Four separate houses located four blocks west of the Santa Fe Plaza. NINE parking spaces. Sewer line replaced in 2019. No deferred maintenance needed. Three of the four units have granite countertops , real oak hardwood floors , and crawl spaces under the house for easy plumbing access. Responsible and friendly tenants wish to continue leasing but understand that a new owners may have their own visions and needs. Seller encourages 1031 exchanges. Well priced for the location and condition of property with upside potential.
A rare opportunity to own a fully leased fourplex in one of Santa Fe’s most stable rental corridors. This well-maintained multi-family property features four spacious units, each offering two bedrooms and two bathrooms, designed for long-term livability and consistent income performance. Property Highlights: Four (4) Two-Bedroom, Two-Bath Units, each with gas fireplace and small yard Off Street Parking Generous floor plans with functional layouts ideal for a wide range of tenants. Fully Leased & Producing Income Immediate cash flow with established tenants and strong rental history. Low-Maintenance Investment Prime Santa Fe Location Convenient access to shopping, employment centers, schools, and major roadways. Multi-family inventory in this neighborhood is limited—properties like this rarely come to market. This fourplex is an exceptional opportunity for investors seeking turnkey income, predictable occupancy, and long-term appreciation in one of Santa Fe’s most competitive rental markets. With all units leased and performing, it’s a solid addition to any portfolio—whether you’re expanding or entering the multi-family space.
Centrally located quad-plex with very solid earnings in the 2nd street area. Too many completed updates and repairs to mention here. Please see the included documents. Strong rental history and ease of ownership are hallmarks of this property. The property is HUD-compliant for an FHA Multifamily loan. Units are individually metered for gas and electric. Call to set up a private tour.
Discover a truly distinctive property at 325 Fiesta Street, where classic Santa Fe charm meets contemporary design just minutes from the Historic Plaza. Ideally situated in one of the city's most convenient locations, this exceptional property offers warmth, creativity, versatility, and outstanding investment potential. The inviting two-bedroom, one-bath main residence blends timeless character with thoughtful updates, featuring hardwood floors, a cozy wood-burning stove, and an updated interior that feels both comfortable and refined. The front home also benefits from a recently replaced roof. Completed in 2022, the striking detached casita/studio showcases soaring ceilings, polished concrete floors, loft spaces, expansive windows, and contemporary finishes. Ideal as an artist's studio, home office, guest quarters, wellness retreat, or income-producing rental. A covered breezeway with solar panels connects the two structures, creating an inviting outdoor living space while enhancing energy efficiency. The property also features a new sewer line installed in 2023. Each residence is separately metered with its own utilities, providing excellent flexibility for multigenerational living, rental income, or a live/work lifestyle. The fully fenced grounds offer privacy while remaining moments from Santa Fe's renowned restaurants, galleries, shopping, and cultural attractions. Whether you're seeking a primary residence with creative space, a flexible live/work property, or a standout investment, 325 Fiesta Street delivers a rare combination of character, modern design, valuable upgrades, and an exceptional downtown Santa Fe location.
Triplex in the heart of the City. Nice compound off Camino Carlos Rey across from Franklin Miles Park. Near schools and shopping. Three units on two city lots (PUD) being sold together only. 2702 has 2 bedrooms, 1 bath, W/D, fireplace and backyard (updated 4 years ago), 2710 has 2 bedrooms, 2 baths, W/D, fireplace and backyard. Long term tenant. 2712 is upstairs and has 2 bedrooms, 2 baths and W/D. Updated last year. All units are separately metered and tenants pay their own utilities. Assigned parking for each unit. Leases run through May 2027.
Welcome to Cielo Encantado, an extraordinary Santa Fe compound newly returned to the market after a prior transaction did not proceed to closing through no fault of the seller. Now offered below appraised value, the property presents a rare opportunity to acquire immediate equity. The compound includes three residences: main house, guest house and casita. It is ideal for a family compound, second home in New Mexico, or a flexible ownership model where one or two residences may be rented when not in use. The main residence offers the substance and soul of adobe construction, with classic Southwestern lines, handcrafted wood detailing, and elements that speak to another era of Santa Fe living. It is not pretending to be new. It has history, presence, and original character that invites a thoughtful next chapter. A heated pool invites relaxed enjoyment beneath expansive skies, with views of both sunrise and sunset. The private well with generous capacity supports the residences, landscape, pool, and a return to equestrian or small farm use. The equestrian center adds a rare dimension, anchored by an indoor riding arena for riding, training, and use regardless of season or weather. The facilities offer compelling potential for equestrian use, yoga/spiritual retreat use, or an artist's working environment with room to create, store, and manage large-scale installation pieces. The horse facilities have generated steady income through multipurpose use, with separate access that allows this area to function independently from the residences. Longtime residents not found on any survey: the Great Horned Owl and the Ravens who have called this compound home for decades. Their presence gives the land quiet authority, as if the property has always known it was special. Cielo Encantado is a compound, a canvas, and a rare Santa Fe offering with scale, character, and possibility. Horse lovers will see the dream. Investors will see the opportunity. Visionaries see it.
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
Located near Meow Wolf, The community contains a range of units from small one bedrooms, averaging 432 sf to larger two bedroom units at 620sf. The lower floor units have a secure, double loaded corridor and the ground floor and upstairs units have their own private entrances. The property contains a common laundry room. The owner has furnished a couple of the smaller units to appeal to the traveling nurses/professional market. If you want to pay all cash, or obtain a new loan, the price is $3,041,153 - a 6.37% cap rate at the current average rents of $1,117, the measure of investment performance include a price per unit of $132,220, a price per square foot of $265.83 a GRM of 9.86 and a cap rate of 6.37%
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
Just minutes away is the transformative Midtown District redevelopment, a major mixed-use project expected to bring new housing, employment centers, creative office space, parks, and cultural uses to the heart of Santa Fe. This continued investment enhances the long-term growth story for surrounding neighborhoods and increases the desirability of nearby housing.The property consists of three one-bedroom / one-bath units totaling approximately 1,740 square feet on a 0.11-acre parcel. Metrics of investment performance at the ask price of $496,084 and average rents of $1,270 include a GRM of 10.83, a before-reserves cap rate of 5.89%, a price per sf of $285.11, a price per unit of $165,361 with an after-tax IRR of 12.9%.
Charming Triplex on 5 Beautiful Acres Off Hwy 14. Discover the perfect blend of comfort, flexibility, and opportunity with this thoughtfully designed triplex nestled on 5 picturesque acres just off Hwy 14 in Santa Fe. Whether you’re seeking multigenerational living, rental income, or a place to host guests in style, this property delivers it all. Each of the three apartments has been carefully crafted to offer open, sun-filled living spaces and inviting interiors: Apartment 1: Spacious 2-bedroom, 1-bathroom layout—ideal for families or anyone needing a bit more room. Apartments 2 & 3: Both feature 1 bedroom and 1 bathroom, perfect for tenants, guests, or extended family. Each apartment enjoys an open floor plan that maximizes natural light and flow, creating a bright and welcoming atmosphere. The kitchens provide ample space for cooking and entertaining, and mini-split heating and cooling systems in every unit ensure personalized comfort year-round. Carport for convenient, covered parking. Expansive 5-acre lot offering peace, privacy, and plenty of room to explore. With its thoughtful design and unbeatable setting, this property is a rare find—offering both rural tranquility and modern convenience, with Hwy 14 providing easy access to nearby amenities. Don’t miss out on this unique investment and lifestyle opportunity—schedule your showing today!
Nestled in a highly desirable area near the Santa Fe Railyard, 710 Oñate Place presents a rare opportunity to own a fully renovated multi-family property with strong income potential. This single-story property features two separate units with private entrances, offering approximately 1,200+ square feet of living space. The property has undergone extensive renovations, including new flooring, updated cabinetry, refreshed plaster, a refinished roof, new AC, and upgraded plumbing and mechanical systems—providing a turnkey opportunity for investors or owner-occupants seeking immediate usability with minimal deferred maintenance. Each unit offers functional, independent living spaces, making it ideal for generating consistent rental income, house hacking, or multi-generational living. The layout supports flexibility in leasing strategies, whether long-term rentals or a combination of owner-occupancy and income production. Located just minutes from the Santa Fe Railyard, downtown, shopping, and dining, the property benefits from strong rental demand and long-term appreciation potential in one of Santa Fe’s most active and growing areas. Additional features include city utilities, off-street parking, and classic Santa Fe character. Whether you’re expanding your portfolio or securing a well-located income property, 710 Oñate Place offers a compelling blend of location, upgrades, and investment upside.
Duplex setup with door between which easily makes it a single family. Has been an extended stay rental (30 days +) and long term tenants. Would be a great short term rental. The 1 bedroom is 850 square feet with front and back portals. It has the original oak floors, a cooks kitchen with full size appliances, the bathroom has a shower and soaking tub, the bedroom is 12x12 plus 2 closets. The back unit is the same size, 850 square feet, 2 bedrooms 3/4 bath with double sinks a nice kitchen with movable island with storage. Also includes a nice portal and fenced back yard. There is potential for adding another unit to the property. There is a 6'x20 basement plus accessible crawl space, good place for the utilities, and an attic with 16" of insulation. The remodel was everything, replumbed, rewired, insulated, re-stuccoed, new kitchens baths, doors and windows. The back shed is also nice. If new owner puts in an entry gate it will be completely private and enclosed. EV charger at carport
Investor opportunity or multi-generational living on a spacious 0.50-acre lot! This versatile duplex at 4949 Calle Pico offers two well-designed units, each with private outdoor space and strong rental or owner-occupant potential. Unit A (922 sq ft) features 2 bedrooms and 2 baths with a thoughtful split-level layout. Three steps down lead to the kitchen, second bedroom, second bath, and a dedicated laundry room. The unit also includes a fenced backyard, perfect for pets, gardening, or relaxing outdoors. Unit B (1,144 sq ft) offers 4 bedrooms and 2 baths, providing generous space for larger households or strong rental appeal. This unit enjoys a large fenced backyard, ideal for entertaining, play, or future landscaping possibilities. Set on a half-acre lot, this property offers privacy, flexibility, and room to grow, whether you’re looking to live in one unit and rent the other, accommodate extended family, or expand your investment portfolio. A rare find with space, function, and opportunity all in one.
Multi-unit investment property just off Agua Fria St and steps from Frenchy’s Park, offering a rare 7-unit mix in a high-demand Santa Fe rental corridor. The property features 2 studios, 2 one-bedroom, and 3 three-bedrooms, creating broad appeal and steady rental potential. Tenants love the nearby access to trails, green space, shopping, and transit, plus the quick drive to downtown and the Railyard. A strong income-producing asset with excellent potential for thoughtful updates and long-term growth in a well-established, highly sought-after area of Santa Fe. Seller financing available with 20% down. Terms acceptable to seller.
Prime Santa Fe 4-Plex Investment Opportunity. Exceptional opportunity to acquire a well-located 4-plex in one of Santa Fe's most dynamic and desirable districts. Centrally situated just one block from Meow Wolf, this income-producing property offers convenient access to popular breweries, restaurants, galleries, entertainment venues, and major employment centers. Each of the four units features 2 bedrooms and 1 bathroom, providing a highly marketable floor plan for tenants. Two units include private fenced yards, adding to tenant appeal and rental demand. The property also offers ample off-street parking and benefits from a strong rental history in an area experiencing ongoing growth and revitalization. Priced at approximately a 7% cap rate, this asset presents an attractive opportunity for investors seeking immediate cash flow, long-term stability, and future appreciation potential. Whether you're expanding an existing portfolio or entering the Santa Fe multifamily market, this property stands out as one of the area's most compelling investment values. Owner/Broker
Pueblo-style duplex in a prime Santa Fe location! This charming two-unit property offers excellent potential for investors, multi-generational living, or live-in-one, rent-the-other scenarios. The lower level features a spacious 3-bedroom, 1-bathroom unit. While the home does require repairs and updates, it’s priced accordingly—making it a great value in one of Santa Fe’s most desirable neighborhoods. Located just minutes from shops, dining, galleries, and cultural attractions, this is a rare opportunity to own a versatile property that reflects classic Southwestern charm and authentic Pueblo-style architecture.
*** WEBSITE: oldcompoundsantafe.com *** This historic Santa Fe compound is nestled on about 2.3 semi-rural acres, with an adjoining 0.41 acre lot. Less than 3 miles from the Santa Fe Plaza, the 100+ year old adobe residence and five casitas surround a green central oasis and a small swimming pool. Imagine the possibilities: retreat, extended family, intentional community, workshops, therapy & health, retirement, or something not yet imagined. Reserved development rights on 2/3 acre and the vacant lot expand the possibilities. The current owners discovered the compound in 1969, bought it in 2006, and have been restoring, planting, and loving it ever since. They are ready to offer the compound to new owners, whatever their new dreams may be. * 6 units in 4 buildings, with 8 bedrooms, 8 baths, 9 fireplaces. Total heated space = 6215 sq. ft. (Note: Fires in fireplaces are photoshopped in. Buyer should verify fireplaces' functionality.) * Each unit has private outdoor garden space. * Extensive remodeling: kitchens and baths, oak and brick floors, new Pella windows, TPO roof, and more. * Landscaping with hundreds of native trees, bushes, vines, flowers, and grama grass; rock walls and fences. * 12' x 28' Barn with garage door.
A unique duplex offering a fantastic opportunity for both homeowners and investors. This property features two mirroring apartments, each thoughtfully designed with 2 bedrooms, 1 bath, a laundry closet with hookups, and an open-concept living, dining, and kitchen area. The cozy kiva fireplaces add a touch of Southwestern charm, while the front portals and enclosed yards provide inviting outdoor spaces for relaxation or entertainment. Each kitchen is equipped with essential appliances, making the units move-in ready or perfect for rental opportunities. Live in one unit and rent out the other to generate income while enjoying the convenience of having tenants close by. Adding to the property's value is an oversized garage with stunning vigas, offering ample room for storage, workspace, or potential expansion. The expansive lot provides parking for over a dozen vehicles, making it ideal for those who need extra space or have plans for future development. Located in the heart of Santa Fe, this duplex combines comfort, functionality, and investment potential in one incredible package. Don't miss out on this rare opportunity—schedule your private showing today!
Santa Fe is located in New Mexico. Santa Fe, New Mexico has a population of 86,935. Santa Fe is more family-centric than the surrounding county with 24.25% of the households containing married families with children. The county average for households married with children is 23.22%.
The median household income in Santa Fe, New Mexico is $61,990. The median household income for the surrounding county is $64,423 compared to the national median of $69,021. The median age of people living in Santa Fe is 44 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 15.1 inches per year, with 26.2 inches of snow per year.
