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302 E Coal Avenue

Gallup, NM 87301
  • $139,000
  • STATUS: Active
  • ON SITE: 183 Days
  • MLS #: 20254073
UPDATED: 61 min ago
$139,000
  • 2
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,257
    SQFT
  • $33
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

Prime 4-Unit Multi-Family Investment Opportunity Discover an exceptional income-producing property in a desirable location, perfect for investors or owner-occupants seeking rental income. This 4-unit multi-family property, situated on a spacious 0.47-acre lot, offers a diverse mix of living spaces to attract a variety of tenants. With a total of 4,257 square feet of living space across four distinct units, this property is a rare find with strong rental potential. Property Details: • House #1: Spacious 3-bedroom, 1-bathroom home with 1,509 sq. ft. of living space. Ideal for families or professionals, this unit boasts generous room sizes and a comfortable layout, perfect for long-term tenants. • House #2: Cozy 2-bedroom, 1-bathroom home offering 1,156 sq. ft. of living space. This charming unit provides a warm and inviting atmosphere, appealing to small families or couples. • Apartment #1: Expansive 4-bedroom, 1-bathroom apartment with 750 sq. ft. of living space. Perfect for larger households or shared living arrangements, this unit maximizes space and functionality. • Apartment #2: Modern 2-bedroom, 1-bathroom apartment featuring 842 sq. ft. of living space. This unit offers a contemporary layout, ideal for young professionals or small families. Property Highlights: • Large Lot: Situated on a generous 0.47-acre parcel, providing ample outdoor space for tenant enjoyment, potential landscaping. • Versatile Income Potential: Four distinct units offer flexibility for rental income, with a mix of larger and smaller units to attract diverse tenants. • Well-Maintained: Each unit is designed for low-maintenance living, ensuring ease for property management and tenant satisfaction. • Prime Location: Conveniently located in downtown Gallup making it highly desirable for renters. Whether you’re looking to expand your real estate portfolio or secure a property with steady cash flow, this multi-family gem offers endless possibilities. Don’t miss out on this rare opportunity to own a versatile, income-generating property with strong market appeal. Contact us today to schedule a viewing or for more information!

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© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-01-16T07:15:08.237.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/165969692
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302 E Coal Avenue Gallup, NM 87301

  • Price: $139,000
  • Status: Active
  • On Site: 183 Days
  • Updated: 61 min ago
  • MLS #: 20254073
2
Beds
0
Baths
0
½ Baths
0.47
Acres
4,257
SQFT
$33
$/SQFT
1940
Built
Neighborhood:
Gallup
County:
McKinley
Area:
Gallup
Property Description
Prime 4-Unit Multi-Family Investment Opportunity Discover an exceptional income-producing property in a desirable location, perfect for investors or owner-occupants seeking rental income. This 4-unit multi-family property, situated on a spacious 0.47-acre lot, offers a diverse mix of living spaces to attract a variety of tenants. With a total of 4,257 square feet of living space across four distinct units, this property is a rare find with strong rental potential. Property Details: • House #1: Spacious 3-bedroom, 1-bathroom home with 1,509 sq. ft. of living space. Ideal for families or professionals, this unit boasts generous room sizes and a comfortable layout, perfect for long-term tenants. • House #2: Cozy 2-bedroom, 1-bathroom home offering 1,156 sq. ft. of living space. This charming unit provides a warm and inviting atmosphere, appealing to small families or couples. • Apartment #1: Expansive 4-bedroom, 1-bathroom apartment with 750 sq. ft. of living space. Perfect for larger households or shared living arrangements, this unit maximizes space and functionality. • Apartment #2: Modern 2-bedroom, 1-bathroom apartment featuring 842 sq. ft. of living space. This unit offers a contemporary layout, ideal for young professionals or small families. Property Highlights: • Large Lot: Situated on a generous 0.47-acre parcel, providing ample outdoor space for tenant enjoyment, potential landscaping. • Versatile Income Potential: Four distinct units offer flexibility for rental income, with a mix of larger and smaller units to attract diverse tenants. • Well-Maintained: Each unit is designed for low-maintenance living, ensuring ease for property management and tenant satisfaction. • Prime Location: Conveniently located in downtown Gallup making it highly desirable for renters. Whether you’re looking to expand your real estate portfolio or secure a property with steady cash flow, this multi-family gem offers endless possibilities. Don’t miss out on this rare opportunity to own a versatile, income-generating property with strong market appeal. Contact us today to schedule a viewing or for more information!
Exterior Features

Architectural Style BungalowConventional Construction Materials BrickStoneSidingStucco Levels One Parking Features Guest Patio And Porch Features DeckPatio Covered Roof MetalShingleDown Spouts

Interior Features

Appliances Free-Standing RangeRefrigerator Basement Unfinished Cooling A/C-EvaporativeElectricEvaporative Cooling Cooling YN Yes Fireplace Features Masonry Fireplace YN Yes Flooring CarpetHardwoodLaminateTileVinyl Heating Forced AirWall FurnaceFloor FurnaceFireplace(s) Heating YN Yes Interior Features AtticBasementCeiling Fan(s) Laundry Features Yes

Property Features

Association YN No Building Area Total 4257 Electric Meters(Electric Separate) Fencing Fence Gas Meters(Gas Separate) Occupied YN Yes Property Sub Type Multi Unit 2-4 Public Improvement Dist No Sale Rent For Sale Tax Annual Amount 1567.92 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWi-FiGarbageCable Connected Water Source Water-CityMeters(Water Combined)

Listing courtesy of Keller Williams Realty Gallup Living: 505-488-2344.
© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-01-16T07:15:08.237.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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3420 N. Grimes Ste 100
Hobbs NM, 88240