Sited on Don Felix—one of the Railyard’s most coveted streets—this unique offering includes two condominiums within a three-unit condominium complex. Units A and B are attached and are being offered together as a duplex, presenting a rare opportunity to own an investment property of this character and quality within walking distance of the Railyard District and the Santa Fe Plaza. Unit A welcomes you with a charming front courtyard that sets the stage for the inviting interior. This 1,124 sq. ft. one-bedroom, two-bath residence includes a versatile office/flex room that has been used as an additional bedroom. Rich wood flooring, beamed ceilings, and graceful arches create a warm Santa Fe aesthetic throughout. The light-filled kitchen flows easily into the living areas, while the primary bedroom wing features a spacious walk-in closet and full bath. Unit B is a delightful 582 sq. ft. one-bedroom, one-bath condo with hardwood flooring and an open-concept kitchen, living, and dining area. The kitchen enjoys wonderful natural light and is accented with playful Southwestern tile. The generously sized bedroom includes a walk-in closet and full bath. Together, these attached residences offer flexibility for rental income, multi-generational living, or a private owner’s residence with an income-producing unit—an exceptional opportunity in one of Santa Fe’s most vibrant and walkable neighborhoods.
This property must be sold as a package, but the two parcels can be closed separately, which includes parcel numbers 910016109 & 910016110, and MLS numbers 202602398, 202602397, & 202602237, and addresses 136 E and 138 E Santa Fe Ave, one triplex and one duplex (5 units total). An excellent opportunity to own multi family in the coveted South Capitol neighborhood of Santa Fe! World class restaurants, art galleries, the historic plaza, all moments away. Live in one unit and rent the others or rent them all out and create some cash flow. The triplex seen here has a 2 bedroom 1 bath unit, and two 1 bedroom 1 bath units. Please see the other listing to view the the duplex, which includes a 2 bedroom 1 bath unit and a 1 bedroom 1 bath unit. The two buildings have shared laundry and shared storage spaces. Beautiful courtyard with mature trees. Loaded with opportunity.
This property must be sold as a package but the two parcels can be closed separately, which includes parcel numbers 910016109 & 910016110, and MLS numbers 202602398, 202602397, & 202602237, and addresses 136 E and 138 E Santa Fe Ave, one triplex and one duplex (5 units total). An excellent opportunity to own multi family in the coveted South Capitol neighborhood of Santa Fe! World class restaurants, art galleries, the historic plaza, all moments away. The duplex seen here includes a 2 bedroom 1 bath unit and a 1 bedroom 1 bath unit. Please see the other listing to view the triplex, which has a 2 bedroom 1 bath unit, and two 1 bedroom 1 bath units. The two buildings have shared laundry and shared storage spaces. Beautiful courtyard with mature trees. Loaded with opportunity. Live in one unit and rent the others or rent them all out and create some cash flow.
This property must be sold as a package, but the two parcels can be closed separately, which includes parcel numbers 910016109 & 910016110, and MLS numbers 202602398, 202602397, & 202602237, and addresses 136 E and 138 E Santa Fe Ave, one triplex and one duplex (5 units total). An excellent opportunity to own multi family in the coveted South Capitol neighborhood of Santa Fe! World class restaurants, art galleries, the historic plaza, all moments away. The triplex seen here has a 2 bedroom 1 bath unit, and two 1 bedroom 1 bath units. Please see the other listing to view the the duplex, which includes a 2 bedroom 1 bath unit and a 1 bedroom 1 bath unit. The two buildings have shared laundry and shared storage spaces. Beautiful courtyard with mature trees. Loaded with opportunity. Live in one unit and rent the others or rent them all out and create some cash flow.
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
Courtesy: Keller Williams Realty
505-610-8516
Versatile Santa Fe property offering a rare opportunity for both investors & owner-occupants, featuring two addresses:3323 & 3327 Caminito Quintana. This upgraded triplex includes 3 separate units, ideal for multi-gen living or living in one unit while generating income from the others. Extensive recent updates across the property: new flooring, windows, doors, kitchen/baths, roof & upgraded electrical-allow for immediate occupancy or rental. The detached casita is renovated & suited for rental income/ private guest space, while the front house & spacious two-story main house provide flexible living arrangements & additional income potential. Whether you're looking to offset your mortgage by renting two units or expand your investment portfolio, this property offers multiple income streams
Central Santa Fe duplex offering an excellent opportunity for an owner-occupant or investor. Live in one unit and rent the other, or lease both for income potential. Each unit features 2 bedrooms, 2 full bathrooms, spacious living areas, and an in-unit washer and dryer. The units are stacked, with the lower unit offering a fenced backyard and the upper unit featuring a front deck. Conveniently located near shopping, restaurants, and parks, this property can be a great option for someone looking to start or expand an investment portfolio.
A rare 3,896 sq. ft. DUPLEX just minutes from the Plaza, Canyon Road, and the Railyard District—offering exceptional versatility, timeless style, and a premier 1.2-acre setting.With two fully independent 2-bedroom, 2-bath residences under one roof, Casa Del Sur and Casa Del Norte, the property can be used flexibly for multi-generational living, rental income, or creative live/work arrangements. Both interiors reflect the warmth and character of Southwestern design, featuring classic elements like vigas, Saltillo tile flooring, brick flooring and exposed adobe and plaster walls. Each residence has its own living spaces, kitchens, and private entrances—offering separation without sacrificing charm. Privately sited and thoughtfully designed, the home also includes a 3-car garage, ample outdoor areas, and quiet surroundings—creating a sense of retreat within easy reach of Santa Fe’s most iconic galleries, restaurants, and historic landmarks. Whether you're looking to live, share, or invest, this unique compound offers possibilities that are increasingly hard to find in Santa Fe.
Courtesy: Realty One of New Mexico
505-620-6320
Motivated Seller!!! This impressive property situated on .4 acres features not only a main residence but also two charming casitas, plenty of parking spaces, covered storage and the list goes on making this an exceptional opportunity for those seeking rental income & the chance to enhance your financial portfolio, an ideal choice for savvy investors. The main house offers ample living space, while the casitas provide additional versatility. This unique setup allows for a variety of living arrangements, catering to both personal and investment needs. The home is situated within a gated front courtyard, offering an added layer of privacy and security.The outdoor space not only enhances the aesthetic appeal of the property
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.
4 units. 1- 2 bed. 2- 1 bed. 1- studio. The property has been remodeled and is ready for its next owner. Fully rented and earning great income, this multi-family property is a rare find in Santa Fe. Please, make showings with tenants in mind. More than 24 hours is preferable.
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 ***What's your dream? A historic Santa Fe compound, 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.
