505 N WALL Avenue, Farmington, NM 87401

$350,000
Property Type: Residential Income Baths: 3 Status: Pending
Current Price: $350,000 List Date: 10/14/2026 Last Modified: 10/28/2026

Overview

Description

Great opportunity to own an income-producing triplex in Farmington, New Mexico! This multi-unit property features three separate apartments, including two one-bedroom units and one two-bedroom unit, offering flexibility for rental income and long-term investment potential. With long-term tenancy in place, this property presents an appealing opportunity for investors seeking an established rental property with existing occupancy. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking to grow your real estate investments, this triplex offers the potential to generate rental income from multiple units under one ownership. Don't miss the opportunity to add this multifamily investment property to your portfolio!

Listing Details MLS# 26-1265

Location, Tax & Legal

Area
7G
Street Number
505
Street Direction Pfx
N
Street Name
WALL
Street Suffix
Avenue
County
San Juan
State/Province
NM
Postal Code
87401
Subdivision
Hays Addition
Legal
HAYS ADDITION N 37 1/2 FT OF LOT 14 BLOCK 3 S 1/2 OF LOT 13 BLOCK 3 BK.1238 PG.741
Annual Taxes
2721.36
Tax Year
27
Pending Foreclosure
No
Foreclosed
No
Relocation
No
Short Sale
No
Offer Letters Accepted
N

Listing Info

GRT Location Code
16-016

Property Information

Sub Type
Triplex
For Sale
Sale
Realtor.com Type
Multi-Family
Age
51 +
Total Living Area
2001 to 2200
Approx. SqFt
2141
# of 1 Bedroom Units
2
# of 2 Bedroom Units
Yes
# of Units
3
Total Full Baths
3
Total Bathrooms
3
# of 3 Bedroom Units
0

Status Change Info

Under Contract Date
2026-10-22
Status Change Date
2026-10-28

Remarks & Misc

Public Remarks
Great opportunity to own an income-producing triplex in Farmington, New Mexico! This multi-unit property features three separate apartments, including two one-bedroom units and one two-bedroom unit, offering flexibility for rental income and long-term investment potential. With long-term tenancy in place, this property presents an appealing opportunity for investors seeking an established rental property with existing occupancy. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking to grow your real estate investments, this triplex offers the potential to generate rental income from multiple units under one ownership. Don't miss the opportunity to add this multifamily investment property to your portfolio!

Zoning

Multi-Fam Low Dens
Yes

More Information

Possession

Recording
Yes

Condition

Fair
Yes

Parking Per Unit

One
Yes

Flood Zone A

Unknown
Yes

Number of Stories

One
Yes

Heating

Natural Gas
Yes

Floor

Slab
Yes

Cooling

Central Air
Yes
Evaporative Cooling
Yes

Appliances

Oven/Range
Yes
Refrigerator
Yes
Washer
Yes

Util/Svc incl Rent

Electric
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Occupied

Leased/Rented
Yes

Sign on Property

Yes
Yes

How To Show

48 Hour Notice
Yes
Lockbox
Yes
Tenant Notice Required
Yes

Property Features

Zoning: Multi-Fam Low Dens Condition: Fair Parking Per Unit: One Number of Stories: One Floor: Slab Heating: Natural Gas Cooling: Central Air; Evaporative Cooling Appliances: Oven/Range; Refrigerator; Washer Flood Zone A: Unknown Possession: Recording Occupied: Leased/Rented How To Show: 48 Hour Notice; Lockbox; Tenant Notice Required Sign on Property: Yes
IDX
Listing Office: Epique Inc.
Listing Agent: Kortney Eggleston
Office Phone: 888-893-3537
Last Updated: October - 28 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Find your perfect property

with expert guidance.

26 Rd. 3285
Aztec, NM 87410

Let's Talk

Book your personal meeting with our real estate experts and find your perfect home.

© 2026 American Dream Realty. All rights reserved. Designed by BnH Hosting & Design LLC