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For sale
  • $350,000

    706 N Dustin Ave, Farmington, NM 87401

    3beds
    --sqft
    : 
    $2,240/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $339,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Remodeled bathroomsBrand-new wall furnace
    Double-digit returns on three doors. A 10.6% gross cap rate, 100% occupancy. An excellent investment opportunity featuring three rental units with established tenants and a history of rental income. Generating a combined $3,100 in monthly rental income, this multifamily property offers an opportunity to add an income-producing asset to your portfolio. All three units feature remodeled bathrooms, with select updates throughout the property, including flooring and paint. Unit B also features a brand-new wall furnace. With tenants already in place and a rental history to support the investment, this property is a great opportunity for investors looking to expand their rental portfolio or step into multifamily ownership.
    27 days
    218
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Crystal Chavez 505-327-4777,

    RE/MAX of Farmington 505-327-4777

    Source: SJCMLS,MLS#: 26-1264MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Has fireplace: No

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: One
      • Stories: 1
      Details
      • Parcel number: 2075172520104
      • Zoning description: Multi-Fam Low Dens

      Construction

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

      Utilities & green energy

      • Electric: Electric

      Community & HOA

      Community
      • Subdivision: Eaton addition
      Location
      • Region: Farmington

      Financial & listing details

      • Tax assessed value: $161,165
      • Annual tax amount: $1,266
      • Date on market: 10/13/2026
      • Electric utility on property: Yes

        Estimated market value

        $339,800

        $323,000 - $357,000

        $1,266/mo

        Price history

        DateEventPrice
        10/13/2026Listed for sale$350,000
        Source: SJCMLS #26-1264 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,266 +2.1%$53,722 +3%
        2024$1,240 +1.6%$52,157 +3%
        2023$1,220 +3.2%$50,638 +3%
        2022$1,182 +4.3%$49,163 +3.4%
        2021$1,133 -0.4%$47,525 -0.7%
        2020$1,138 -1.1%$47,865 -4.6%
        2017$1,151 +0%$50,180 +64.9%
        2016$1,151 +1.5%$30,422
        2015$1,133 +71.1%$30,422 +6.1%
        2014$663 +6%$28,676 +3%
        2013$625 $27,840
        2012$625 +7%$27,840 +3%
        2011$584 $27,030 +6%
        2010-- $25,500 +6%
        2009-- $24,057
        2008-- $24,057
        2007-- $24,057 +6%
        2006-- $22,695 0%
        2005-- $22,696 -65%
        2004$496 +1%$64,845
        2003$491 -53.5%$64,845 +212.2%
        2002$1,057 -29.2%$20,773
        2001$1,492 +12.5%$20,773
        2000$1,326 $20,773
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 87401

        Getting around

        49 / 100
        Car-Dependent
        20 / 100
        Minimal Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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