706 & 708 1st Street
Gallup, NM 87301
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Bed
2
Bath
2,542Sqft
11,761.20Sqft(Lot)
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 spacio
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2 -
Flooring Information
Carpet, Laminate, Vinyl -
Roofing Information
Shingle -
Interior Features
Eat-in Kitchen Roof: Shingle Appliances: Free-Standing Range, Refrigerator, Gas Water Heater Window Features: Drapes -
Heating & Cooling
Has Heating: Yes Heating: Fireplace Insert, Forced Air, Pellet Stove, Fireplace(s) Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1959 Building Area Total: 2542 Construction Materials: Frame, Wood Siding Stories: 1 Patio And Porch Features: Covered, Patio Private Pool: No
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Lot Information
Main Square Feet: 11761.2 Square Feet Lot Size Acres: 0.27 Lot Size Square Feet: 11761.2 Lot Description: Irregular Lot
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Listing Price Information
Listing Price: $235000 Cash, Conventional
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Tax Information
Parcel Number: 2106088059437 Tax Year: 2026 Annual Tax: $654.52 Tax Legal Desc: LOTS 8 & 9 BLOCK 14, RITCHEY ADDN. BK 10 PG 6702 10/28/96 DOC 391708 02/05/2020 CODE #2-106-088-059-437 (706 & 708 N. FIRST)
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Utility Information
Electricity Connected, Sewer Connected -
Location Information
Direction: 706 N. First Street Gallup, NM 87301
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 |
| 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 |
| 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 |
Similar Multifamily To 706 & 708 1st Street
Nearby For Sale
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ByOwner last updated this listing 07/01/2026 @ 03:56
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