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720 School, 
Espanola, NM 87532

$1,400,000


Bed


Bath


6,756

Sq Ft


Multi-Family

Active

Listed by

Rachael L. Baca

Lynn G-Scott

Logic Real Estate

505-820-7000

Last updated:

February 27, 2026, 10:43 PM

MLS#

202600611

Source:

NM SFAR

About This Home

720 School

Incredible 7-unit investment opportunity in the heart of Española’s desirable westside neighborhood, nestled between the Rio Grande River and the Plaza. 720 School Street is fully occupied and has been extensively remodeled, offering a rare turnkey multifamily property with low/no maintenance ownership. Updates include new flooring, newer central heat and air conditioning, upgraded electrical and plumbing, newer kitchens with granite countertops, natural stone backsplash, stainless steel appliances, LED lighting throughout, newer stucco, metal roof, and updated windows. Each unit features its own in-unit laundry and outdoor space, plus designated parking. Residents also enjoy access to a shared 0.56-acre lot—ideal for relaxing or gathering. Condominium documents are complete and available for review, and ready to record, providing future flexibility for individual unit sales. Located approximately 20 miles from Los Alamos National Laboratory, this property offers strong rental appeal with excellent long-term investment potential.

Home Facts

Multi-Family

Built in 1948

Price Summary

1,400,000

$207 per Sq. Ft.

MLS #:

202600611

Last Updated:

February 27, 2026, 10:43 PM

Added:

9 day(s) ago


Rooms & Interior

Interior

Living Area:

6,756 Sq. Ft.


Structure

Structure

Architectural Style:

Multi Level

Building Area:

6,756 Sq. Ft.

Year Built:

1948


Lot

Lot Size (Sq. Ft):

24,393


Finances & Disclosures

Finances

Price:

$1,400,000

Price per Sq. Ft:

$207 per Sq. Ft.

Source:NM SFAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, 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 a Coldwell Banker 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®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.