Incredible opportunity just blocks from the plaza! 3 units in an amazing location on a generous lot. Upper Unit is 2 bed 1 bath, Lower Unit is 1 bed 1 bath, There is also a studio with full kitchen and 3/4 bath. Recent TPO roof upgrade. Plenty of space to add on if you'd like, use as rentals in Santa Fe's highly desirable downtown, or perhaps a live/rent combination. All units are currently rented on a month to month basis. Owner financing may be possible!
Sold on 11/03/23
Price Unknown
514 Rio Grande Ave, Santa Fe, NM 87501
4beds
2,350sqft
Townhouse, Single Family Residence
Built in 1960
7,840.8 Square Feet Lot
$861,300 Zestimate®
$--/sqft
$4,010 Estimated rent
Home value
$861,300
$775,000 - $965,000
$4,010/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 10, 2024 at 06:36am
Listed by:
Eric Biderman,
Keller Williams Realty
Bought with:
Melina Del Rio, REC20230116
Keller Williams Realty
Source: SFARMLS,MLS#: 202340575
Originating MLS: Santa Fe Association of REALTORS
Originating MLS: Santa Fe Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Floor Furnace, Hot Water
Cooling
- None
Features
- No Interior Steps
- Flooring: Carpet, Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,350
- Total interior livable area: 2,350 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport
- Has carport: Yes
Accessibility
- Accessibility features: Not ADA Compliant
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840 sqft
Details
- Additional structures: Guest House, Studio/Office
- Parcel number: 11344256
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other,See Remarks
- Property subtype: Townhouse, Single Family Residence
- Attached to another structure: Yes
Materials
- Frame
- Roof: Membrane
Condition
- Year built: 1960
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Santa Fe
Other
Other facts
- Listing terms: Cash,Conventional,Owner Will Carry,Trade
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/18/2025 | Price change | $2,000-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/7/2025 | Price change | $2,200-4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2025 | Price change | $2,300+43.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/21/2025 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,196 +151.4% | $681,804 +159% |
| 2023 | $2,066 +2.3% | $263,257 +3% |
| 2022 | $2,021 +1.6% | $255,590 +3% |
Find assessor info on the county website
Neighborhood: 87501
Nearby schools
GreatSchools rating
- 8/10Carlos Gilbert Elementary SchoolGrades: K-6Distance: 0.2 mi
- 6/10Milagro Middle SchoolGrades: 7-8Distance: 3.3 mi
- NASanta Fe EngageGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Carlos Gilbert
- 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.
Sell for more on Zillow
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$861,300
2% more+ $17,226
With Zillow Showcase(estimated)
$878,526