Centrally located quad-plex with very solid earnings in the 2nd street area. Too many completed updates and repairs to mention here. Please see the included documents. Strong rental history and ease of ownership are hallmarks of this property. The property is HUD-compliant for an FHA Multifamily loan. Units are individually metered for gas and electric. Call to set up a private tour.
For sale
$895,000
321 Tesuque Dr, Santa Fe, NM 87505
4beds
4baths
2,752sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$325/sqft
$-- HOA
What's special
- 53 days
- 354
- 14
Zillow last checked:
Listing updated:
Listed by:
Justin C. Jaroszewski 830-708-2283,
Keller Williams Realty 505-983-5151
Source: SFARMLS,MLS#: 202602973
Originating MLS: Santa Fe Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Ductless, Fireplace(s), Hot Water
Cooling
- Ductless, Evaporative Cooling, Refrigerated
Features
- Interior Steps
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,752
- Total interior livable area: 2,752 sqft
Property
Accessibility
- Accessibility features: Not ADA Compliant
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 011383168
- Zoning: R-1, 2, 3, 4, 5, 6
- Zoning description: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Roof: Other,See Remarks
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters, Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $579,982
- Annual tax amount: $3,556
- Date on market: 7/4/2026
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $895,000+2.3%$325/sqft |
Source: | ||
| 7/4/2026 | Listing removed | $875,000$318/sqft |
Source: | ||
| 7/3/2026 | Price change | $875,000-11.2%$318/sqft |
Source: | ||
| 6/25/2026 | Price change | $985,000-10.5%$358/sqft |
Source: | ||
| 4/28/2026 | Listed for sale | $1,100,000$400/sqft |
Source: | ||
| 1/27/2026 | Listing removed | $1,100,000$400/sqft |
Source: | ||
| 1/14/2026 | Listed for sale | $1,100,000+238.5%$400/sqft |
Source: | ||
| 9/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/1/2023 | Price change | $1,995-11.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2023 | Listed for rent | $2,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/26/2014 | Listing removed | $325,000$118/sqft |
Source: Barker Realty Inc. #201302576 Report a problem | ||
| 11/8/2013 | Price change | $325,000-11%$118/sqft |
Source: Barker Realty Inc. #201302576 Report a problem | ||
| 5/29/2013 | Listed for sale | $365,000$133/sqft |
Source: Barker Realty Inc. #201302576 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,556 +2.6% | $468,416 +3% |
| 2024 | $3,466 0% | $454,774 +3% |
| 2023 | $3,466 +2.3% | $441,529 +3% |
| 2022 | $3,389 +1.6% | $428,670 +3% |
| 2021 | $3,337 +0.7% | $416,185 +201.7% |
| 2020 | $3,315 -2.1% | $137,946 -0.6% |
| 2019 | $3,387 +1% | $138,764 +1.7% |
| 2018 | $3,354 | $136,449 +48.7% |
| 2017 | $3,354 +48.1% | $91,774 +3% |
| 2016 | $2,265 | $89,101 +3% |
| 2015 | $2,265 +8.6% | $86,506 +3.1% |
| 2014 | $2,086 +23.4% | $83,903 |
| 2013 | $1,691 +3.2% | -- |
| 2012 | $1,638 +1.4% | -- |
| 2011 | $1,616 +4.5% | -- |
| 2010 | $1,547 +5.7% | -- |
| 2009 | $1,464 +4.2% | -- |
| 2008 | $1,404 +1.7% | -- |
| 2005 | $1,381 +9% | -- |
| 2004 | $1,267 -7% | -- |
| 2003 | $1,363 +38.6% | -- |
| 2002 | $983 -4.4% | -- |
| 2001 | $1,029 +3.5% | -- |
| 2000 | $994 | $55,096 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 87505
Nearby schools
Schools provided by the listing agent
- Elementary: Aspen Community Magnet School K-8
- Middle: Aspen Community Magnet School K-8
- High: Santa Fe
Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







