3226 Rufina Street, Santa Fe, NM 87507

New Listing
$3,041,053
Property Type: Residential Income Square Footage: 11,440 Lot Size (sq. ft.): 38,202 Status: Active
Current Price: $3,041,053 List Date: 5/06/2026 Last Modified: 5/06/2026

Overview

Description

Located near Meow Wolf, The community contains a range of units from small one bedrooms, averaging 432 sf to larger two bedroom units at 620sf. The lower floor units have a secure, double loaded corridor and the ground floor and upstairs units have their own private entrances. The property contains a common laundry room. The owner has furnished a couple of the smaller units to appeal to the traveling nurses/professional market. If you want to pay all cash, or obtain a new loan, the price is $3,041,153 - a 6.37% cap rate at the current average rents of $1,117, the measure of investment performance include a price per unit of $132,220, a price per square foot of $265.83 a GRM of 9.86 and a cap rate of 6.37%

Listing Details MLS# 1102980

Contract Information

List Price/SqFt
265.83
Allowance/Concession
No

Location

Street #
3226
Street Name
Rufina
St Suffix
Street
County
Santa Fe
City/Town Code
Santa Fe
State/Province
NM
Zip Code
87507
Zip +4
2950
MLS Area Major
320 - Santa Fe County S of RR
Zone Atlas
NOZA

CityCounty Data

Subdivision Name
Tract A, T17N, R9E, S33, Santa Fe County

General Property Description

# of Units
23
5+ Units
Yes
Units for Sale
23
Property Sub-Type
Multi-Family
Living Area
11440
SqFt Source
Professional
Lot Size Source
On-Line
Acres
0.88
Lot SqFt
38202
Directions
From I-25 and Cerrillos - north to Rufina past Meow Wolf to property.
Stories
2
Total Stories in Bldg
2
Total # of Buildings
3
Year Built
1984
Year Built Details
portions of the building may have been built in phases around 1984
Year Built Exception
Unknown
Age
31 - 40
Accessory Dwelling Unit
No
Disability Access
Unknown
LBP Disclosure
No
Builder
Unknown
Owner Occupant Unit
No
Multiple Lots
One
Flood Zone
X

Cooling

Centrally Ducted
No
Evaporative Cooling
Yes

Sales Info

Trade/Xch Considered
No

More Information

# of Unit Types (1)

# of Units
15
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
432
Actual Rent
1104
Max Rent
1250
Market Rent
1375

# of Unit Types (2)

# of Units
8
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
620
Actual Rent
1141
Max Rent
1200
Market Rent
1450

Unit Summary

Total Units
23
Average Unit Size
497.39
Average Actual Rent
1116.86
Annualized
308256
Total Actual Rent
25688

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
016010324

Tax & Legal Info

GRT Code
01-123
Tax Exemption
No
Tax Annual Amount
9703

Construction Materials

Frame
Yes
Stucco
Yes

Amenities

No Landscaping
Yes

Flooring

Tile
Yes

Heating

Wall Unit
Yes

Owner Pays

Other - See Remarks
Yes

Tenant Pays

Other - See Remarks
Yes

Income & Expenses

Annual Gross Income
293737
Operating Expenses
99930

Build Description

Resale
Yes

Appliances included

Refrigerator
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Electric

None
Yes

Miscellaneous Info

No Sign
Yes

Metering

Individual Electric
Yes
Master Gas
Yes

Operating Expenses

Other - See Remarks
Yes

Parking

Guest Parking
Yes
Paved
Yes
Unpaved
Yes

Roof

Flat
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

Other - See Remarks
Yes

Zoning

R-2
Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: No Landscaping Appliances included: Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: Wall Unit Cooling: Evaporative Cooling Flooring: Tile Green Energy Generation: None Electric Provider: Public Utility Electric: None Miscellaneous Info: No Sign Metering: Individual Electric; Master Gas Operating Expenses: Other - See Remarks Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Parking: Guest Parking; Paved; Unpaved Roof: Flat Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Zoning: R-2
Listing Office: NM Apartment Advisors, Inc.
Last Updated: May - 06 - 2026
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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