1607 5th Street, Santa Fe, NM 87505

Santa Fe
Local realty services provided by:ERA Sellers & Buyers Real Estate
1607 5th Street,Santa Fe, NM 87505
$496,084
  • 3 Beds
  • 3 Baths
  • 1,740 sq. ft.
  • Multi-family
  • Active
Listed by: todd d clarke
Office: nm apartment advisors, inc.
MLS#:1102974
Source:NM_SWMLS

Price summary

  • Price:$496,084
  • Price per sq. ft.:$285.11

About this home

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%.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1980
  • Subdivision & Development:Capital Land & Townsite Co Addn
  • Listing ID #:1102974
  • Added:154 day(s) ago
  • Updated:September 30, 2026 at 02:32 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Flooring:Tile
  • Kitchen Description:Refrigerator
  • Living area:1,740 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1980
  • Building area:1,740 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Frame, Stucco
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$496,084
  • Price per sq. ft.:$285.11
  • Tax amount:$3,380

Features and amenities

  • Appliances:Refrigerator

Parking

  • Total parking spaces:3

New listings near 1607 5th Street