For sale

$227,500

Est. $1,305/mo —

•

2 ba

•

2,542

sq ft

706 1st St, Gallup, NM 87301

About this home

Multi-Family Investment Opportunity: Dual 3-Bedroom Units + Vacant Lot with Storage Discover an excellent income-producing property featuring two separate 3-bedroom residences and additional development/storage potential on a vacant lot. Perfect for investors seeking strong rental cash flow, house hacking, or portfolio expansion. Property Highlights Main Unit: 3 bedrooms, 2 bathrooms, 1,720 sq ft of living space Second Unit: 3 bedrooms, 1 bathroom, 822 sq ft of living space Total Living Space: Approximately 2,542 sq ft Additional Lot: Vacant parcel included with two storage units already in place ideal for extra rental income, workshop space, or future expansion This multi-family setup offers flexible living arrangements or turn-key rental income. The larger unit provides spacious family-style living with two full baths, while the smaller unit delivers efficient, cozy accommodations. Both units are well-suited for attracting quality tenants in a steady rental market. Call Michael Mazel at 505-519-6715.

Multi-familyProperty Type

1959Year Built

0.27 acresLot Size

$89Price/Sq.Ft.

Listed by Michael Mazel • Keller Williams Realty Gallup Living

Listed by

Contact: 505-488-2344

Listing updated: Aug 30, 2026 at 09:17am

Redfin checked: 2 minutes ago

•Source:NMMLS #20263840

Payment calculator

$1,305 per month

Principal and interest$1,196

Property taxes

$55

HOA dues

Home insurance

$55

Utilities

Add

5 minutes to get started. No credit impact.

Mortgage resources

Open houses

No upcoming open houses.

Around this home

Schools

K - 12
Preschool & daycare

Indian Hills Elementary School

Public PreK-5 • Assigned • 3.9mi

7/10

John F. Kennedy Middle School

Public 6-8 • Assigned • 2.2mi

4/10

Miyamura High School

Public 9-12 • Assigned • 2.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

706 1st St · $227,500

PRICE DROP

14% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Pellet stove
Carpet, laminate, and vinyl flooring

Flooring
Carpet
Laminate
Vinyl

Heating & cooling
Forced air heating
No central cooling

Sale and tax history for 706 1st St

Sale History
Tax History

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

6,798 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

McKinley County

APN

R151564

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

2% chance of being in a wildfire in next 30 years

3/10 Heat Factor

5 days above 90° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Gallup, NM • 87301

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

85/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.5 hrs

6.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 706 1st St

There isn’t enough information to generate an accurate estimate at this time. Learn More

Contact listing agent

Michael Mazel

Keller Williams Realty Gallup Living

505-519-6715

mikemazel@kw.com

At this time, Redfin doesn't have an agent available to help you with this home.

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Details provided by NMMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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