$1,175,000
Listed on Jul 20, 2026
7 bds · 4 ba · 3,712 sqft
3327 Caminito Quintana, Santa Fe, 87507
1607 5th Street
Santa Fe, NM 87505
$496,084
$285/SqFt
3
Beds
3
Baths
1,740
SqFt Home
1
Story
1980
Year Built
4,815
SqFt Lot
About this property
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… Show more
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 for 1607 5th Street
Interior
Bedrooms Total:
3
Bathrooms Total:
3
Appliances:
Refrigerator
Flooring:
Tile
Exterior and lot
Lot Size Acres:
0.11
Lot Size:
4,815 sqft
Parking Total:
3
Building and construction
Property Type:
Residential Income
Property Sub Type:
Triplex
Property Sub Type Additional:
Triplex
Building Area Total:
1,740 sqft
Year Built:
1980
Construction Materials:
Frame, Stucco
New Construction:
No
Levels:
One
Number Of Units Total:
3
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1102974
Gross Income:
43434
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
1
Operating Expense:
14881
Owner Pays:
Other, See Remarks
Tenant Pays:
Electricity, Gas
Total Actual Rent:
3810
Area and schools
City:
Santa Fe
Postal Code:
87505
MLS Area Major:
City of Santa Fe
Subdivision:
Capital Land & Townsite Co Addn
County:
Santa Fe
Parcel Number:
010856576
Utilities
Utilities:
Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Wall Furnace
Heating (Y/N):
Yes
Listing and financial details
Listing Date:
May 6, 2026
Location
Directions: From I-25 and St. Michael's north to 5th street, north on 5th to the property (between FCerrillos and St. Michaels)
Homes for sale similar to 1607 5th Street
Homes recently sold near 1607 5th Street
1607 5th Street Santa Fe, NM 87505 listed as MLS #1102974.
This 3 bedroom 1,740 sqft Triplex built in 1980
located in Capital Land & Townsite Co Addn, Santa Fe NM 87505.
1607 5th Street is listed for $496,084 as MLS #1102974 courtesy of NM Apartment Advisors, Inc. Todd D Clarke.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from
sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’
personal, non-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
Searches related to 1607 5th Street, Santa Fe, NM 87505
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Estimated Mortgage
$2,508/mo
Based on $99K down · 6.5% · 30yr