# 1607 5th Street, Santa Fe, NM 87505

> **TL;DR:** 3bd/0ba multi-family, $496,084 ($285/sqft), built 1980, 1,740 sqft.
> A/C. Est. $2,653/mo. Listed 176 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $496,084 |
| Price/sqft | $285 |
| Bedrooms | 3 |
| Square Feet | 1,740 |
| Year Built | 1980 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Triplex) |
| Status | Active |
| Days on Market | 176 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,508 |
| Estimated Insurance | $145 |
| **Total** | **$2,653** |

## Nearby Schools

- **Elementary:** Aspen Community Magnet School K-8
- **Middle:** Aspen Community Magnet School K-8
- **High:** Santa Fe

## Key Amenities

- A/C

## Property Highlights

- Built in 1980
- 0.11 acre lot

## Description

### Agent Description
Just minutes away is the transformative Midtown District redevelopment, a major mixed-use project expected to bring new housing, employment centers, creative office space, parks, and cultural uses to the heart of Santa Fe. This continued investment enhances the long-term growth story for surrounding neighborhoods and increases the desirability of nearby housing. The property consists of three one-bedroom / one-bath units totaling approximately 1,740 square feet on a 0.11-acre parcel. Metrics of investment performance at the ask price of $496,084 and average rents of $1,270 include a GRM of 10.83, a before-reserves cap rate of 5.89%, a price per sf of $285.11, a price per unit of $165,361 with an after-tax IRR of 12.9%.

## Location

- **Address:** 1607 5th Street, Santa Fe, NM 87505
- **County:** Santa Fe
- **Coordinates:** 35.66197, -105.9703941
- **Google Maps:** https://www.google.com/maps?q=35.66197,-105.9703941

## Listing Agent

- **Name:** Anita Maestas · **License:** 16029
- **Brokerage:** Maestas Real Estate
- **Broker Phone:** 5054633565
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1607-5th-St_Santa-Fe_NM_87505_M18926-64938?f=listhub&s=SFARNM&m=202601933&c=propsimple)

## Photos

![1607 5th Street - Photo 1](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f933435400r.jpg)

![1607 5th Street - Photo 2](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f1711495670r.jpg)

![1607 5th Street - Photo 3](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f3637136934r.jpg)

![1607 5th Street - Photo 4](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f1946736185r.jpg)

![1607 5th Street - Photo 5](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f3245285995r.jpg)

![1607 5th Street - Photo 6](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f3666904302r.jpg)

![1607 5th Street - Photo 7](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f2849966226r.jpg)

![1607 5th Street - Photo 8](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f2259218544r.jpg)

![1607 5th Street - Photo 9](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f1470873315r.jpg)

![1607 5th Street - Photo 10](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f4250245724r.jpg)

![1607 5th Street - Photo 11](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f3140907641r.jpg)

![1607 5th Street - Photo 12](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f114572334r.jpg)

![1607 5th Street - Photo 13](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f2969013469r.jpg)

![1607 5th Street - Photo 14](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f3263344925r.jpg)

![1607 5th Street - Photo 15](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f912693079r.jpg)

![1607 5th Street - Photo 16](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f3885981710r.jpg)

![1607 5th Street - Photo 17](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f3651926427r.jpg)

![1607 5th Street - Photo 18](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f3651926427r.jpg)

![1607 5th Street - Photo 19](http://lh.rdcpix.com/a70f709be8b42723c707891cae6909abl-f1809554094r.jpg)

---

**MLS#:** 202601933 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Santa Fe Association of REALTORS&#174;, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1607-5th-street-santa-fe-nm-87505-3aa5cefd581241c38dbfdd660fcf0fcf)

---

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