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706 1ST St

Gallup, NM 87301
  • $227,500
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 20263840
Price Reduced
UPDATED: 70 min ago
$227,500
  • 3
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,542
    SQFT
  • $89
    $/SQFT
Type:
Multi-Family
Built:
1959
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Multi-Family Investment Opportunity: Dual 3-Bedroom Units + Vacant Lot with Storage Discover an excellent income-producing property featuring two separate 3-bedroom residences and additional development/storage potential on a vacant lot. Perfect for investors seeking strong rental cash flow, house hacking, or portfolio expansion. Property Highlights Main Unit: 3 bedrooms, 2 bathrooms, 1,720 sq ft of living space Second Unit: 3 bedrooms, 1 bathroom, 822 sq ft of living space Total Living Space: Approximately 2,542 sq ft Additional Lot: Vacant parcel included with two storage units already in place ideal for extra rental income, workshop space, or future expansion This multi-family setup offers flexible living arrangements or turn-key rental income. The larger unit provides spacious family-style living with two full baths, while the smaller unit delivers efficient, cozy accommodations. Both units are well-suited for attracting quality tenants in a steady rental market. Call Michael Mazel at 505-519-6715.

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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: 2026-08-14T17:15:01.177.

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/178280419
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706 1ST St Gallup, NM 87301

  • Price: $227,500
  • Status: Active
  • On Site: 45 Days
  • Updated: 70 min ago
  • MLS #: 20263840
3
Beds
0
Baths
0
½ Baths
0.27
Acres
2,542
SQFT
$89
$/SQFT
1959
Built
County:
Mckinley
Area:
Gallup
Elementary School:
None/Other
Middle School:
None/Other
High School:
None/Other
Property Description
Multi-Family Investment Opportunity: Dual 3-Bedroom Units + Vacant Lot with Storage Discover an excellent income-producing property featuring two separate 3-bedroom residences and additional development/storage potential on a vacant lot. Perfect for investors seeking strong rental cash flow, house hacking, or portfolio expansion. Property Highlights Main Unit: 3 bedrooms, 2 bathrooms, 1,720 sq ft of living space Second Unit: 3 bedrooms, 1 bathroom, 822 sq ft of living space Total Living Space: Approximately 2,542 sq ft Additional Lot: Vacant parcel included with two storage units already in place ideal for extra rental income, workshop space, or future expansion This multi-family setup offers flexible living arrangements or turn-key rental income. The larger unit provides spacious family-style living with two full baths, while the smaller unit delivers efficient, cozy accommodations. Both units are well-suited for attracting quality tenants in a steady rental market. Call Michael Mazel at 505-519-6715.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials FrameSiding Covered Spaces 0 Exterior Features CoveredPatio Covered Garage YN No Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 0 Patio And Porch Features Covered Pool Private YN No Roof Down SpoutsShingle Spa YN No View YN No

Interior Features

Bathrooms Partial 0 Building Area Total 2542 Cooling YN No Fireplace Features Pellet Fireplace YN No Flooring CarpetLaminateVinyl Heating Forced Air Heating YN Yes Inclusions Free-Standing RangeGas Water HeaterRefrigerator Rooms Total 0

Property Features

Adu YN No Association YN No Construction Status Blt./Standing Covenants YN No Fencing Cross FencedFence For Lease YN No Home Warranty YN No Horse YN No Irrigation Water Rights Acres 0 Lease Considered YN No Lease Hold YN No Listing Terms CashConventional New Construction YN No Occupant Type Vacant Property Attached YN No Property Sub Type Multi Unit 2-4 Senior Community YN No Short Term Rental YN No Tax Annual Amount 655 Topography Cross FencedFenceIrregular Lot Utilities Electricity ConnectedSewer Connected Waterfront YN No

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: 2026-08-14T17:15:01.177.

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