A rare opportunity to own a fully leased fourplex in one of Santa Fe’s most stable rental corridors. This well-maintained multi-family property features four spacious units, each offering two bedrooms and two bathrooms, designed for long-term livability and consistent income performance. Property Highlights: Four (4) Two-Bedroom, Two-Bath Units, each with gas fireplace and small yard Off Street Parking Generous floor plans with functional layouts ideal for a wide range of tenants. Fully Leased & Producing Income Immediate cash flow with established tenants and strong rental history. Low-Maintenance Investment Prime Santa Fe Location Convenient access to shopping, employment centers, schools, and major roadways. Multi-family inventory in this neighborhood is limited—properties like this rarely come to market. This fourplex is an exceptional opportunity for investors seeking turnkey income, predictable occupancy, and long-term appreciation in one of Santa Fe’s most competitive rental markets. With all units leased and performing, it’s a solid addition to any portfolio—whether you’re expanding or entering the multi-family space.
For sale
$899,000
4301 Calle Andrew, Santa Fe, NM 87507
8beds
4,032sqft
:
Get pre-qualifiedN/A
Single Family Residence
Built in 1994
0.32 Acres Lot
$-- Zestimate®
$223/sqft
$-- HOA
What's special
Gas fireplaceOff street parkingFour spacious unitsSmall yard
- 14 days |
- 388 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Phillip Varela,
Varela Real Estate, Inc. 505-982-2525
Source: SFARMLS,MLS#: 202603080
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 3/4 bathrooms: 4
Heating
- Electric
Cooling
- None, Refrigerated, Window Unit(s)
Appliances
- Included: Dishwasher, Oven, Range, Refrigerator
Features
- No Interior Steps
- Flooring: Carpet, Tile
- Has basement: No
- Number of fireplaces: 4
- Fireplace features: Gas
Interior area
- Total structure area: 4,032
- Total interior livable area: 4,032 sqft
Property
Parking
- Total spaces: 8
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.32 Acres
Details
- Parcel number: 940002115
- On leased land: Yes
- Zoning: R-7
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo,One Story
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Flat
Condition
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Santa Fe
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $692,021
- Annual tax amount: $2,371
- Date on market: 7/9/2026
- Listing terms: Cash,Conventional,New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $899,000$223/sqft |
Source:  SFARMLS #202602995 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,371 +2.6% | $312,326 +3% |
| 2024 | $2,311 0% | $303,230 +3% |
| 2023 | $2,311 +2.3% | $294,399 +3% |
| 2022 | $2,260 +1.6% | $285,825 +3% |
| 2021 | $2,225 +3.1% | $277,501 +209% |
| 2020 | $2,158 +1.4% | $89,806 +3% |
| 2019 | $2,128 +2.3% | $87,191 +3% |
| 2018 | $2,081 | $84,652 +3% |
| 2017 | $2,081 +2.6% | $82,186 +3% |
| 2016 | $2,029 | $79,793 +3% |
| 2015 | $2,029 +8.6% | $77,469 +3.1% |
| 2014 | $1,868 +19.8% | $75,138 |
| 2013 | $1,560 -3.8% | -- |
| 2012 | $1,622 -1.6% | -- |
| 2011 | $1,648 +2.6% | -- |
| 2010 | $1,606 +5.7% | -- |
| 2009 | $1,520 +4.2% | -- |
| 2008 | $1,458 +1.7% | -- |
| 2005 | $1,434 +9% | -- |
| 2004 | $1,316 -1.4% | -- |
| 2003 | $1,335 +5.4% | -- |
| 2002 | $1,266 -4.4% | -- |
| 2001 | $1,325 +3.5% | -- |
| 2000 | $1,280 | $70,957 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Las Acequias
Nearby schools
GreatSchools rating
- 4/10Ramirez Thomas Elementary SchoolGrades: PK-5Distance: 4.3 mi
- 4/10Edward Ortiz Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Capital High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Larragoite
- Middle: Milagro
- 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.
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A local agent can set up tours, give advice and negotiate with sellers.
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