Nava Ade Real Estate Search

Nava Ade Multi-Family Properties for Sale

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Newest Nava Ade Multi-Family Homes for Sale

$750,000
202602946 MLS
Discover a truly distinctive property at 325 Fiesta Street, where classic Santa Fe charm meets contemporary design just minutes from the Historic Plaza. Ideally situated in one of the city's most convenient locations, this exceptional property offers warmth, creativity, versatility, and outstanding investment potential. The inviting two-bedroom, one-bath main residence blends timeless character with thoughtful updates, featuring hardwood floors, a cozy wood-burning stove, and an updated interior that feels both comfortable and refined. The front home also benefits from a recently replaced roof. Completed in 2022, the striking detached casita/studio showcases soaring ceilings, polished concrete floors, loft spaces, expansive windows, and contemporary finishes. Ideal as an artist's studio, home office, guest quarters, wellness retreat, or income-producing rental. A covered breezeway with solar panels connects the two structures, creating an inviting outdoor living space while enhancing energy efficiency. The property also features a new sewer line installed in 2023. Each residence is separately metered with its own utilities, providing excellent flexibility for multigenerational living, rental income, or a live/work lifestyle. The fully fenced grounds offer privacy while remaining moments from Santa Fe's renowned restaurants, galleries, shopping, and cultural attractions. Whether you're seeking a primary residence with creative space, a flexible live/work property, or a standout investment, 325 Fiesta Street delivers a rare combination of character, modern design, valuable upgrades, and an exceptional downtown Santa Fe location.

325 Fiesta Street, Santa Fe

$1,210,000
202601858 MLS
Welcome to Cielo Encantado, an extraordinary Santa Fe compound newly returned to the market after a prior transaction did not proceed to closing through no fault of the seller. Now offered below appraised value, the property presents a rare opportunity to acquire immediate equity. The compound includes three residences: main house, guest house and casita. It is ideal for a family compound, second home in New Mexico, or a flexible ownership model where one or two residences may be rented when not in use. The main residence offers the substance and soul of adobe construction, with classic Southwestern lines, handcrafted wood detailing, and elements that speak to another era of Santa Fe living. It is not pretending to be new. It has history, presence, and original character that invites a thoughtful next chapter. A heated pool invites relaxed enjoyment beneath expansive skies, with views of both sunrise and sunset. The private well with generous capacity supports the residences, landscape, pool, and a return to equestrian or small farm use. The equestrian center adds a rare dimension, anchored by an indoor riding arena for riding, training, and use regardless of season or weather. The facilities offer compelling potential for equestrian use, yoga/spiritual retreat use, or an artist's working environment with room to create, store, and manage large-scale installation pieces. The horse facilities have generated steady income through multipurpose use, with separate access that allows this area to function independently from the residences. Longtime residents not found on any survey: the Great Horned Owl and the Ravens who have called this compound home for decades. Their presence gives the land quiet authority, as if the property has always known it was special. Cielo Encantado is a compound, a canvas, and a rare Santa Fe offering with scale, character, and possibility. Horse lovers will see the dream. Investors will see the opportunity. Visionaries see it.

54 Rons Road, Santa Fe

$1,275,000
202601000 MLS
BEST RESIDENTIAL/COMMERCIAL LOCATION IN LAS VEGAS, NM Zoned R2 + C2 on the Historic Plaza. Exceptional commercial and residential opportunity with 57 ft of glass retail display frontage, 3,000 sq. ft of retail space, and 5,000+ sq.ft. of finished residential with tree covered views of the Historic Plaza Park! Winning the 1996 Historic Preservation Award this prestigious and prominent adobe architectural achievement was built to its preeminent glory in 1870. Built as the 1st catholic church in Las Vegas, New Mexico in 1836 and crowned “The Most Civilized Object in the West.” In 1870 the Dold brothers, German merchants, built the two story adobe around the nave of the church establishing A.Dold & Company/Charles Emil Wesche General Merchandise Store. This 15,000 square feet building is comprised of 3 foot thick adobe walls and two stories (3 levels) standing proud as one of the few two story adobes in the state of New Mexico. Completely restored to its original distinction all while meeting current building codes to include installing custom built french doors and windows; hand crafted balconies, hand made balustrades, new PVC, new wiring, new roof and stucco, new fixtures, new demising walls to shape what is currently a 2,500 +/- square foot residence with gorgeous European style kitchen, living, den with two bedrooms and two baths in the main residence. 3,000 additional sq.ft. of beautifully finished interior living/ office spaces on the 2nd floor for office rental; multifamily use; or develop into wine bar/restaurant/gallery/retail. 3,000 sq.ft. of dedicated store front retail on ground level and 3,600 sq.ft. of developable space inside the pillars on the 3rd floor envisioned to be a spectacular penthouse suite overlooking the park. All original hardwood oak flooring in the retail area, all original fur and maple flooring in the residential areas. Truly one of the most outstanding representations of our New Mexico heritage to ever be offered to the market.

1801 Plaza, Las Vegas

$499,000
202600559 MLS
This charming DUPLEX at 104 Guthrie Lane #A & B, Taos, NM 87571 offers an exceptional opportunity for comfortable living with strong income-producing potential in a prime location just minutes from the center of Taos. The main house (#B) features a spacious eat-in kitchen with a separate pantry, lovely tile countertops, and serene garden views. The primary bedroom features cork flooring and an ensuite bathroom with beautiful tile accents. A second bedroom provides easy backyard access via a sliding glass door, a generous closet, and shares a full hall bath. The expansive living room showcases gorgeous wood floors and a cozy kiva fireplace, opening directly onto a large back deck perfect for relaxing or entertaining. An additional flexible living/multi-purpose room includes the washer/dryer and abundant space for a home office or studio. The attached guest house (#A) has proven itself as a reliable rental unit for years, delivering steady income. It features beautiful natural light, tile flooring, a fireplace, 2 bedrooms, a delightful 4-season sunroom, a fenced private courtyard, and its own storage shed—ideal for guests, long-term tenants, or vacation rentals. Outside, enjoy a large, fully fenced backyard—a gardener's dream with ample space for planting, outdoor activities, or pets. A large detached oversized 2-car garage provides plenty of room for vehicles, workshops, projects, or extra storage. Sited on a generous corner lot (approximately half a acre) in a peaceful cul-de-sac, this property offers tranquility while being conveniently close to Taos' shops, restaurants, galleries, and cultural attractions. Whether you're seeking a primary residence with guest/income suite, a multi-generational setup, or an investment property with built-in rental history, this property has it covered. Don't miss this rare combination of space, charm, and location!

104 Guthrie Lane A & B Unit #A & B, Taos

$3,041,053
202502719 MLS
Excited to see this Apartment community come to market in the high-end tourism, 400 year old capital, high alpine skiing, arts, and cultural mecca of Santa Fe, NM. If you love Meow Wolf, this property is located a few hundred feet south at 3226 Rufina. The economic engine of Meow Wolf makes this an ideal asset to acquire under the rising tide raises all ships theory. The property contains a total of 23 units in 2 buildings built in the 1980s, with a small parcel of land for potential additional uses. Historically a high barrier to entry market for new construction, the area has been identified as being short some 6,484 housing units. The community has partnered to bring more multifamily units on line than the Albuquerque area, but it’s not enough to satiate the resident demand. This has translated to high rent growth and the new construction is establishing a new ceiling on market rents ranging from $2,505 to $6,446 per month (you read that correct – there are a half dozen communities that the high end of their rent is between $2,505 to $6,446 per month!) This high barrier to entry market has some of the most expensive single-family housing in the country with an average price over $700,000. 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%. If the rents are raised to market averages of $1,401, measure of investment performance improve to 7.86, and a cap rate of 7.45% Do not miss out on this opportunity to invest in one of America’s most sought-after markets and receive a rare positive cash flow.

3226 Rufina, Santa Fe

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The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.