Solid investment opportunity to buy a 4 unit, income-generating rental property. All leases are month-to-month. Value add opportunity with below market rents. Zoning is R-8 and allows for residential, home occupation and more. Great location near Downtown, Whole Foods, The Railyard, Starbucks, Walgreens, schools, government, downtown and more. Utilities Include 2 electric meters and each unit has its own gas meter. There is a single water meter.
Sold
Price Unknown
711 S Saint Francis Dr, Santa Fe, NM 87505
--beds
--baths
3,217sqft
Multi Family
Built in 1934
-- sqft lot
$738,900 Zestimate®
$--/sqft
$2,021 Estimated rent
Home value
$738,900
$658,000 - $828,000
$2,021/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tai Bixby 505-577-3524,
Real Estate Advisors, LLC,
Jacob Rocker 505-226-3929,
Real Estate Advisors, LLC
Bought with:
Natalie Rivera Benavent, 49334
Barker Realty, LLC
Source: SFARMLS,MLS#: 202500056
Originating MLS: Commercial Association of REALTORS of New Mexico
Originating MLS: Commercial Association of REALTORS of New MexicoFacts & features
Interior
Heating
- Electric, Natural Gas
Cooling
- None
Features
- No Interior Steps
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,217
- Total interior livable area: 3,217 sqft
Property
Lot
- Size: 10,018 Square Feet
Details
- Parcel number: 11754112
- Zoning: Other
- Zoning description: R-8 Zoning
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Roof: Flat,Membrane
Condition
- Year built: 1934
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other, See Remarks
Community & HOA
HOA
- Has HOA: No
Location
- Region: Santa Fe
Financial & listing details
- Tax assessed value: $665,186
- Annual tax amount: $2,829
- Date on market: 1/7/2025
- Cumulative days on market: 177 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 9/8/2025 | Listed for rent | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 9/4/2025 | Sold | -- |
Source:  SFARMLS #202500056 Report a problem | ||
| 7/3/2025 | Pending sale | $875,000$272/sqft |
Source: SFARMLS #202500056 Report a problem | ||
| 1/20/2025 | Listed for sale | $875,000-10.3%$272/sqft |
Source: SFARMLS #202500056 Report a problem | ||
| 8/4/2024 | Listing removed | $975,000$303/sqft |
Source: SFARMLS #202400582 Report a problem | ||
| 2/24/2024 | Listed for sale | $975,000$303/sqft |
Source: SFARMLS #202400582 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,829 +2.6% | $372,740 +3% |
| 2024 | $2,758 0% | $361,884 +3% |
| 2023 | $2,758 +2.3% | $351,345 +3% |
| 2022 | $2,697 +1.6% | $341,113 +3% |
| 2021 | $2,655 +3.1% | $331,178 +209% |
| 2020 | $2,575 +1.4% | $107,177 +3% |
| 2019 | $2,540 +2.3% | $104,056 +3% |
| 2018 | $2,484 | $101,025 +3% |
| 2017 | $2,484 +2.6% | $98,083 +3% |
| 2016 | $2,421 | $95,227 +3% |
| 2015 | $2,421 +8.6% | $92,454 +3.1% |
| 2014 | $2,230 +23.4% | $89,671 |
| 2013 | $1,807 +3.2% | -- |
| 2012 | $1,751 +0.6% | -- |
| 2011 | $1,741 +4.5% | -- |
| 2010 | $1,667 +5.7% | -- |
| 2009 | $1,577 +4.2% | -- |
| 2008 | $1,513 +7.8% | -- |
| 2005 | $1,403 +9% | -- |
| 2004 | $1,288 -7% | -- |
| 2003 | $1,385 +5.4% | -- |
| 2002 | $1,314 -4.4% | -- |
| 2001 | $1,375 +3.5% | -- |
| 2000 | $1,328 | $73,622 |
Find assessor info on the county website
Neighborhood: 87505
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Nearby schools
GreatSchools rating
- 3/10Aspen Community Magnet SchoolGrades: PK-12Distance: 0.6 mi
- NASanta Fe EngageGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Acequia Madre
- 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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Estimated market value
$738,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$738,900
- New Mexico
- Santa Fe County
- Santa Fe
- 87505
- 711 S Saint Francis Dr
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