1607 5th Street
Santa Fe, NM 87505
--
Bed
0
Bath
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
-
Roofing Information
Flat -
Interior Features
Roof: Flat Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Other, See Remarks Has Cooling: Yes Cooling: Evaporative Cooling
-
Building Information
Year Built: 1980 Building Area Total: 1740 Private Pool: No
-
Lot Information
Main Square Feet: 0.11 Acres Lot Size Acres: 0.11 Lot Size Source: Public Records Lot Size Square Feet: 4727
-
Listing Price Information
Listing Price: $496084 Cash, Conventional, 1031 Exchange
-
Tax Information
Parcel Number: 010856576 Tax Legal Desc: LOT 29, BLK 53, CAPITAL LAND & TOWNSITE CO ADDN, S34 T17N R9E
-
School Information
Elementary School: Aspen Community Magnet School K-8Junior High School: Aspen Community Magnet School K-8Senior High School: Santa Fe -
Location Information
Direction: From I-25 and St. Michael's north to 5th street, north on 5th to the property (between Cerrillos and St. Michales) WaterSource: Public
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 | 3 | 3 | 1,740 | 1,740 SqFt |
Similar Multifamily To 1607 5th Street
Nearby For Sale
The data relating to real estate for sale in this website comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than ByOwner are marked with the IDX Logo. All data in this website is deemed reliable but is not guaranteed. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. SFAR MLS, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. SFAR MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. SFAR MLS, Inc. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Copyright © 2026 SFAR MLS, Inc. All Rights Reserved.
ByOwner last updated this listing 06/18/2026 @ 00:28
More Cities with for Sale by Owner Homes
- Santa Fe Homes For Sale By Owner
- Glorieta Homes For Sale By Owner
- Cerrillos Homes For Sale By Owner
- Madrid 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
- Montezuma Homes For Sale By Owner
- Algodones Homes For Sale By Owner
Homes around $496,084
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.