1607 5th Street
Santa Fe, NM 87505
3
Bed
3
Bath
1,740Sqft
0.11Acre(Lot)
Just minutes away is the transformative Midtown District redevelopment, a major mixed-use project expected to bring new housing, employment centers, creative office space, parks, and cultural uses to the heart of Santa Fe. This continued investment enhances the long-term growth story for surrounding neighborhoods and increases the desirability of nearby housing.The property consists of three one-bedroom / one-bath units totaling approximately 1,740 square feet on a 0.11-acre parcel. Metrics of investment performance at the ask price of $496,084 and average rents of $1,270 include a GRM of 10.83, a before-reserves cap rate of 5.89%, a price per sf of $285.11, a price per unit of $165,361 with an after-tax IRR of 12.9%.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 3 -
Flooring Information
Tile -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Evaporative Cooling
-
Building Information
Year Built: 1980 Building Area Total: 1740 Construction Materials: Frame, Stucco Stories: 1 Private Pool: No
-
Lot Information
Lot Size Acres: 0.11 Lot Size Source: Public Records Lot Size Square Feet: 4815Property Information
Subdivision: Capital Land & Townsite Co Addn Source Property Type: Residential Income Postal Code Plus 4: 3585 Zoning Description: R-2 Property SubType: Triplex Levels: One Property Age: 46
-
Listing Price Information
Listing Price: $496084 Cash, Conventional, FHA, VA Loan
-
Tax Information
Parcel Number: 010856576 Annual Tax: $3380.02 Tax Legal Desc: Lot 29, Blk 53, Capital Land & Townsite Co Addn
-
Parking Information
Parking Total: 3
-
Utility Information
Natural Gas Available, Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: From I-25 and St. Michael's north to 5th street, north on 5th to the property (between FCerrillos and St. Michaels)
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 612 Camino De La Luz, Santa Fe, NM, 87505 | $479,900 | -- | -- | -- | |
| 414 A AND B Camino Don .., Santa Fe, NM, 87505 | $1,350,000 | -- | -- | -- | |
| 138 E Santa Fe Avenue, Santa Fe, NM, 87505 | $799,000 | -- | -- | -- | |
| 136 & 138 E Santa Fe Av.., Santa Fe, NM, 87505 | $1,350,000 | -- | -- | -- | |
| 136 E Santa Fe Avenue, Santa Fe, NM, 87505 | $551,000 | -- | -- | -- | |
| 2175 Old Arroyo Chamiso.., Santa Fe, NM, 87505 | $4,500,000 | -- | -- | -- | |
| 710 Onate Pl, Santa Fe, NM, 87505 | $699,000 | -- | -- | -- | |
| 1417 Agua Fria Street, Santa Fe, NM, 87505 | $798,000 | -- | -- | -- | |
| 321 Tesuque Dr, Santa Fe, NM, 87505 | $1,100,000 | -- | -- | -- | |
| 1607 5th Street, Santa Fe, NM, 87505 | $496,084 | -- | -- | -- |
Similar Multifamily To 1607 5th Street
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
ByOwner last updated this listing 06/18/2026 @ 06:40
More Cities with for Sale by Owner Homes
- Santa Fe Homes For Sale By Owner
- Glorieta Homes For Sale By Owner
- Madrid Homes For Sale By Owner
- Cerrillos Homes For Sale By Owner
- Lamy Homes For Sale By Owner
- Galisteo Homes For Sale By Owner
- Cochiti Lake Homes For Sale By Owner
- Pena Blanca Homes For Sale By Owner
- Pecos Homes For Sale By Owner
- Los Alamos Homes For Sale By Owner
- Espanola Homes For Sale By Owner
- Chimayo Homes For Sale By Owner
- Truchas Homes For Sale By Owner
- Ilfeld Homes For Sale By Owner
- Hernandez Homes For Sale By Owner
- Alcalde Homes For Sale By Owner
- Rociada Homes For Sale By Owner
- Velarde Homes For Sale By Owner
- Algodones Homes For Sale By Owner
- Placitas Homes For Sale By Owner
Homes around $496,084
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.