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302 E Coal Avenue

Gallup, NM 87301
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Bed 2

Bed

Bath 3

Bath

SqFt4,257

Sqft

SqFt20,473.20

Sqft(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $129,000

AD Id : 71982324

MLS Id : 20254073

Beds : 2

Lot Size : 20,473.20 Sqft

Living Area Size : 4,257

Year Built : 1940

County : McKinley

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 3

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Carpet, Hardwood, Laminate, Tile, Vinyl
  • Roofing Information

    Metal, Shingle
  • Interior Features

    Ceiling Fan(s) Roof: Metal, Shingle Appliances: Free-Standing Range, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Wall Furnace, Floor Furnace, Fireplace(s) Has Cooling: Yes Cooling: Ceiling Fan(s), Electric, Evaporative Cooling

  • Building Information

    Year Built: 1940 Building Area Total: 4257 Construction Materials: Brick, Stone, Stucco Stories: 1 Patio And Porch Features: Deck, Patio, Covered Private Pool: No

  • Lot Information

    Main Square Feet: 20473.2 Square Feet Lot Size Acres: 0.47 Lot Size Square Feet: 20473.2

  • Listing Price Information

    Listing Price: $129000 Original Price: $165000 Cash

  • Tax Information

    Parcel Number: 2105088421197 Tax Year: 2024 Annual Tax: $1567.92 Tax Legal Desc: Lots 7 THRU 12, BLOCK 9, A&P RAILWAY CO, ADDN. BK 27 PG1675 7/27/06

  • Parking Information

    Guest

  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Cable Connected
  • Location Information

    Direction: From the corner of Strong and Route 66 Drive North one block. The property is on your left hand side. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1904 Gladden Avenue, Gallup, NM, 87301 $275,000 2 1 1,558 1,558 SqFt
502 E Green Avenue, Gallup, NM, 87301 $325,000 4 3 3,000 3,000 SqFt
206 S Woodrow Dr, Gallup, NM, 87301 $197,000 -- -- 1,781 1,781 SqFt
610 S Fifth Street, Gallup, NM, 87301 $235,000 6 3 2,832 2,832 SqFt

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and 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 New Mexico Association of Realtors.

ByOwner last updated this listing 06/14/2026 @ 05:54

MLS: 20254073 LISTED BY: Michael Mazel, Keller Williams Realty Gallup Living 505-488-2344 SOURCE: New Mexico MLS

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