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For sale
  • $2,950,000

    5915 E Main St, Farmington, NM 87402

    --beds
    --sqft
    : 
    $19,347/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $2,744,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Studio unitsLaundry area
    INVESTMENT OPPORTUNITY | MULTIPLE INCOME STREAMS + UPSIDE POTENTIAL! Take advantage of this unique income-producing opportunity in Farmington, NM, offering a diversified mix of 30+ studio units, a single-family residence, laundry area, office and an established on-site restaurant secured by a 5-year lease. With current residential occupancy approximately 75%-80%, the property offers existing cash flow along with meaningful upside through continued lease-up and stabilization. Recent operating performance is strong, with $98,319 in net income for the first half of 2026, annualizing to approximately $196,638. This equates to an indicated annualized cap rate of approximately 6.67%. Multiple revenue streams, established commercial tenancy, and additional income potential make Wild Goose an attractive opportunity for investors looking for cash flow today with room for growth tomorrow. Financials and rent roll available to qualified buyers. Annualized figures are based on the most recent six months of operations; buyer to independently verify all financial information.
    15 days
    148
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Darin W Cahoon 505-327-4777,

    RE/MAX of Farmington 505-327-4777

    Source: SJCMLS,MLS#: 26-1115MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 27
      • Full bathrooms: 27
      Features
      • Has fireplace: No

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      Details
      • Parcel number: 2072174115390
      • Zoning description: Multi-Fam Med Dens

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Community & HOA

      Location
      • Region: Farmington

      Financial & listing details

      • Tax assessed value: $1,389,328
      • Annual tax amount: $11,441
      • Date on market: 9/4/2026

        Estimated market value

        $2,744,600

        $2.61M - $2.88M

        $1,167/mo

        Price history

        DateEventPrice
        9/4/2026Listed for sale$2,950,000
        Source: SJCMLS #26-1115 Report a problem
        1/25/2024Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,441 +104.3%$463,110 +123.1%
        2024$5,600 +9%$207,560 +7.7%
        2023$5,136 +4.5%$192,639 +6.4%
        2022$4,916 +16.5%$181,022 +16.5%
        2021$4,219 -3.9%$155,403 -3.9%
        2020$4,390 +1.1%$161,656 +1%
        2017$4,343 $160,112 +6.2%
        2016$4,343 +1%$150,828
        2015$4,300 +5.1%$150,828 +0%
        2014$4,090 $150,765
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87402

        Getting around

        33 / 100
        Car-Dependent
        14 / 100
        Minimal Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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