$750,000
PENDING $50K PRICE DROP

1853 Mann St Santa Fe, NM 87505

Estimated payment $4,126/month

Total Views 6,992
-- Bed
-- Bath
2,448 Sq Ft
$306 Price per Sq Ft

Highlights

  • No HOA
  • 1-Story Property
  • Community Storage Space
  • No Interior Steps
  • High Speed Internet

About This Home

Prime Investment Opportunity – Renovated Midtown 4-Plex with Strong Rental Income
This beautifully renovated 4-plex is an exceptional investment opportunity, ideally located in a vibrant midtown neighborhood with convenient access to shopping, dining, and public transportation. The single-story design features individual private courtyards and on-site parking, boosting tenant satisfaction and long-term stability.
Each unit has been thoughtfully upgraded over the past three years, including:
New roof and refreshed exterior
Modernized kitchens with new cabinetry, countertops, appliances, and lighting
Updated heating units and water heaters.
Enhanced tenant appeal through contemporary finishes and design
The property delivers strong rental income with historically high occupancy and reliable tenants. Financials and annual property data are available upon request.

Listing Agent

Renee Edwards

Keller Williams Realty License #16857 Listed on: 02/09/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1955

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,448 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave

Schools

  • Salazar Elementary School
  • Milagro Middle School
  • Santa Fe High School

Additional Features

  • No Interior Steps
  • 8,686 Sq Ft Lot
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 10718080

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Community Storage Space
  • Insurance Expense $4,381

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,556

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Year Built: 1955
  • Prop. Type: Residential Income
  • Directions: The subject fronts the Northeast corner of Mann St and 6th St.
  • Architectural Style: One Story
  • Garage Yn: No
  • Year Built Details: 31 years +
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Gas Cooktop, Microwave, Oven, Range, Refrigerator
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: No Interior Steps

Exterior Features

  • Roof: Flat, Metal
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Frame

Utilities

  • Cooling: Other, See Remarks
  • Utilities: High Speed Internet Available, Other, See Remarks, Electricity Available
  • Heating: Other, See Remarks
  • Security: Heat Detector, Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Storage
  • Association: No

Schools

  • Elementary School: Salazar
  • High School: Santa Fe
  • Middle Or Junior School: Milagro

Lot Info

  • Lot Size Acres: 0.2
  • Zoning: R5
  • Land Lease: No
  • Lot Size Sq Ft: 8686.0
  • Parcel #: 10718080
  • Zoning Description: R-5

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 4381.0

Tax Info

  • Tax Annual Amount: 1556.32
  • Tax Year: 2025

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,556 $204,233 $77,610 $126,623
2023 $1,556 $198,285 $75,350 $122,935
2022 $1,522 $192,511 $73,156 $119,355
2021 $1,498 $62,302 $23,675 $38,627
2020 $1,454 $60,487 $22,985 $37,502
2019 $1,433 $58,726 $22,316 $36,410
2018 $1,402 $57,016 $21,666 $35,350
2017 $1,366 $55,355 $21,298 $34,057
2016 $1,288 $53,743 $20,678 $33,065
2015 $1,258 $52,178 $14,265 $37,913
2014 $1,184 $50,608 $10,625 $39,983
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $750,000 -3.2% $306 / Sq Ft
03/26/2025 03/26/25 Price Changed $775,000 -3.1% $317 / Sq Ft
02/09/2025 02/09/25 For Sale $800,000 -- $327 / Sq Ft
Source: Santa Fe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: Santa Fe Association of REALTORS®

MLS Number: 202500449

Santa Fe Association of REALTORS®

APN: 010718080