502 E Green Avenue
Gallup, NM 87301
4
Bed
3
Bath
3,000Sqft
0.16Acre(Lot)
Excellent investment opportunity in the heart of Gallup, NM! This fully rented triplex offers strong cash flow with an estimated 8.4% cap rate and a proven tenant track record, making it an ideal addition to any investor's portfolio. Each unit includes in-unit washer and dryer hookups, providing added convenience and tenant appeal. Located along the I-40 corridor, Gallup serves as a major hub for healthcare, railroad, tourism, and regional commerce, attracting consistent rental demand. Out-of-town investors will appreciate Gallup's affordability, stable rental market, proximity to outdoor recreation, and rich Native American culture and history. A turnkey income-producing property with long-term upside potential!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 3 -
Flooring Information
Carpet, Tile, Wood -
Interior Features
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer Laundry Features: Laundry Room, Washer Hookup, In Unit -
Heating & Cooling
Has Heating: Yes Heating: Propane Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1950 Building Area Total: 3000 Construction Materials: Frame, Stucco Stories: 2 Private Pool: No
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Lot Information
Lot Size Acres: 0.16 Lot Size Square Feet: 7100
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Listing Price Information
Listing Price: $325000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: NOTAVAILABLE Annual Tax: $1027.4 Tax Legal Desc: NA
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: take I-40 West toward Gallup. take Exit 22 for Miyamura Drive/Montoya Boulevard. Stay left toward the Central Business District. Continue on Ford Drive, then keep left onto Miyamura Opas and continue onto S. Ford Drive. Turn right onto E. Green Avenue. Property will be on the left.
How much is this property worth?
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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 |
| 206 S Woodrow Dr, Gallup, NM, 87301 | $197,000 | -- | -- | 1,781 | 1,781 SqFt |
| 302 E Coal Avenue, Gallup, NM, 87301 | $129,000 | 2 | 3 | 4,257 | 4,257 SqFt |
| 610 S Fifth Street, Gallup, NM, 87301 | $235,000 | 6 | 3 | 2,832 | 2,832 SqFt |
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ByOwner last updated this listing 06/04/2026 @ 02:48
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