About 502 E Green Avenue
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!
Features of 502 E Green Avenue
| MLS® # | 1103300 |
|---|---|
| Price | $325,000 |
| Original Price | $325,000 |
| Price Per Sq.Ft. | $108.33 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 3,000 |
| Acres | 0.16 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 502 E Green Avenue |
|---|---|
| Area | 530 - McKinley |
| City | Gallup |
| County | McKinley |
| State | NM |
| Zip Code | 87301 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Features | Storage Facilities |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile, Wood |
|---|---|
| Appliances | Dryer, Dishwasher, Microwave, Refrigerator, Washer |
| Heating | Propane |
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Construction | Frame, Stucco |
|---|---|
| Builder | UNKNOWN |
Additional Information
| Date Listed | May 9th, 2026 |
|---|---|
| Days on Market | 123 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Conventional, FHA, VA Loan |
| Current Taxes | $1,027 |
Listing Details
| Office | Coldwell Banker Legacy |
|---|