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706 1st St, 
Gallup, NM 87301

$235,000

—

Bed

—

Bath

2,542

Sq Ft

Single Family

Active

Listed by

Michael Mazel

Keller Williams Realty Gallup Living

505-488-2344

Last updated:

July 2, 2026, 12:36 AM

MLS#

20263840

Source:

NM RANM

About This Home

706 1st St

Multi-Family Investment Opportunity: Dual 3-Bedroom Units + Vacant Lot with Storage Discover an excellent income-producing property featuring two separate 3-bedroom residences and additional development/storage potential on a vacant lot. Perfect for investors seeking strong rental cash flow, house hacking, or portfolio expansion. Property Highlights Main Unit: 3 bedrooms, 2 bathrooms, 1,720 sq ft of living space Second Unit: 3 bedrooms, 1 bathroom, 822 sq ft of living space Total Living Space: Approximately 2,542 sq ft Additional Lot: Vacant parcel included with two storage units already in place ideal for extra rental income, workshop space, or future expansion This multi-family setup offers flexible living arrangements or turn-key rental income. The larger unit provides spacious family-style living with two full baths, while the smaller unit delivers efficient, cozy accommodations. Both units are well-suited for attracting quality tenants in a steady rental market. Call Michael Mazel at 505-519-6715.

Home Facts

Single Family

Built in 1959

Price Summary

235,000

$92 per Sq. Ft.

MLS #:

20263840

Last Updated:

July 2, 2026, 12:36 AM

Added:

3 day(s) ago

Rooms & Interior

Interior

Living Area:

2,542 Sq. Ft.

Structure

Structure

Building Area:

2,542 Sq. Ft.

Year Built:

1959

Lot

Lot Size (Sq. Ft):

11,761

Finances & Disclosures

Finances

Price:

$235,000

Price per Sq. Ft:

$92 per Sq. Ft.

Source:NM RANM
The information being provided by New Mexico Multi-Board Mls 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. © 2026 New Mexico Multi-Board Mls All rights reserved.

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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.