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Image 1 - 613 N Wall Ave, Farmington, New Mexico, 87401 - House for sale
Image 2 - 613 N Wall Ave, Farmington, New Mexico, 87401 - House for sale
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Image 4 - 613 N Wall Ave, Farmington, New Mexico, 87401 - House for sale
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N Wall Ave, Farmington, Home For Sale
613 N Wall Ave, Farmington, New Mexico, 87401

N Wall Ave, Farmington, Home For Sale

house for sale
Listed: 06/23/24

613 N Wall Ave, Farmington, New Mexico, 87401

4 Bed:
3.5 Bath:
2,029 Sq Ft Living Area:
Save
Price
$ 285,000

About This House

Prime Investment Opportunity: Two-Unit Property with High Rental PotentialProperty Overview: Welcome to 613 N Wall Street, a lucrative investment opportunity nestled in the heart of Farmington, NM. This property offers a blend of modern amenities and classic charm, ensuring steady rental income and great potential for appreciation. Units are fully separate and contain no common walls. Live in one side and rent the other out to subsidize your mortgage or rent both out and enjoy great cash flow. The main unit is a 3 bed 2 bath home, and the second unit is a 1 bed 1 bath with separate laundry hookups in both units.

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Farmington Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Farmington, United States averaged $298,107, a decrease of 15.9% from the previous month.
Median price trends for properties for sale in Farmington, United States as of June 2024.

Household Income

Median household income: $55,179
Number of households: 15,505
The average household income in Farmington, NM grew from $52,598 to $55,179 in the past year. This data is an estimate based upon 15,505 households in Farmington, NM.
The chart below presents how household income is distributed in Farmington, NM in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Farmington, NM compared to median property taxes around the country. The prevalent amount of property taxes in Farmington, NM equals <$800 , which is less than the national average.