3226 Rufina Street, Santa Fe, NM 87507 (MLS# 1102980)

3226 Rufina Street, Santa Fe, NM 87507

$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

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