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302 E Coal Avenue, 
Gallup, NM 87301

$165,000


2

Beds


3

Baths


4,257

Sq Ft


Multi-Family

Active

Listed by

Michael Mazel

Keller Williams Realty Gallup Living

505-488-2344

Last updated:

July 18, 2025, 03:04 PM

MLS#

20254073

Source:

NM RANM

About This Home

302 E Coal Avenue

Prime 4-Unit Multi-Family Investment Opportunity Discover an exceptional income-producing property in a desirable location, perfect for investors or owner-occupants seeking rental income. This 4-unit multi-family property, situated on a spacious 0.47-acre lot, offers a diverse mix of living spaces to attract a variety of tenants. With a total of 4,257 square feet of living space across four distinct units, this property is a rare find with strong rental potential. Property Details: • House #1: Spacious 3-bedroom, 1-bathroom home with 1,509 sq. ft. of living space. Ideal for families or professionals, this unit boasts generous room sizes and a comfortable layout, perfect for long-term tenants. • House #2: Cozy 2-bedroom, 1-bathroom home offering 1,156 sq. ft. of living space. This charming unit provides a warm and inviting atmosphere, appealing to small families or couples. • Apartment #1: Expansive 4-bedroom, 1-bathroom apartment with 750 sq. ft. of living space. Perfect for larger households or shared living arrangements, this unit maximizes space and functionality. • Apartment #2: Modern 2-bedroom, 1-bathroom apartment featuring 842 sq. ft. of living space. This unit offers a contemporary layout, ideal for young professionals or small families. Property Highlights: • Large Lot: Situated on a generous 0.47-acre parcel, providing ample outdoor space for tenant enjoyment, potential landscaping. • Versatile Income Potential: Four distinct units offer flexibility for rental income, with a mix of larger and smaller units to attract diverse tenants. • Well-Maintained: Each unit is designed for low-maintenance living, ensuring ease for property management and tenant satisfaction. • Prime Location: Conveniently located in downtown Gallup making it highly desirable for renters. Whether you’re looking to expand your real estate portfolio or secure a property with steady cash flow, this multi-family gem offers endless possibilities. Don’t miss out on this rare opportunity to own a versatile, income-generating property with strong market appeal. Contact us today to schedule a viewing or for more information!

Home Facts

Multi-Family

3 Baths

2 Bedrooms

Built in 1940

Price Summary

165,000

$38 per Sq. Ft.

MLS #:

20254073

Last Updated:

July 18, 2025, 03:04 PM

Added:

19 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

4,257 Sq. Ft.


Structure

Structure

Architectural Style:

Conventional

Building Area:

4,257 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

20,473


Finances & Disclosures

Finances

Price:

$165,000

Price per Sq. Ft:

$38 per Sq. Ft.

Source:NM RANM
The information being provided by Realtor Association of New Mexico is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Realtor Association of New Mexico All rights reserved.

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