500 N 3rd Street, Bloomfield, NM 87413
Local realty services provided by:CENTURY 21 SoWesCo Realty
500 N 3rd Street,Bloomfield, NM 87413
$1,323,100
- - Beds
- 16 Baths
- 8,740 sq. ft.
- Multi-family
- Active
Listed by: allen elmore
Office: exp realty, llc.
MLS#:25-876
Source:NM_SJCBR
Price summary
- Price:$1,323,100
- Price per sq. ft.:$151.38
About this home
''Bloomfield Bonanza'' Take advantage of this rare opportunity to acquire a well-performing 16-unit multifamily complex, ideally situated in the heart of Bloomfield, NM. Spanning over half an acre, this property includes four separate 4-plex buildings—three of which feature 1-bedroom, 1-bathroom units, and one offering 2-bedroom, 1-bathroom units.
Vacancy rates are consistently low, with units leasing quickly due to strong demand and a central location. All units feature updated windows for improved energy efficiency and aesthetic appeal. Fourteen of the sixteen units have been upgraded with modern tile flooring, and many have newer water heaters—approximately half of which are electric. Each unit is equipped with wall heating and window-mounted A/C units, and tenants are responsible for their own electricity expenses.
The complex offers a minimum of two dedicated parking spaces per unit, a low-maintenance lot with mature shade trees, and a no-pet policy that has helped preserve unit condition. While some exterior paint and roofing work may be needed, the sellers are open to offering a price reduction or repair credit to accommodate these improvements.
Whether you're expanding your portfolio or seeking a reliable income-producing asset, this centrally located complex offers long-term upside with minimal ongoing management demands. OWNER CARRY AVAILABLE!...
Contact an agent
Home facts
- Listing ID #:25-876
- Added:298 day(s) ago
- Updated:April 28, 2026 at 03:04 PM
Rooms and interior
- Total bathrooms:16
- Full bathrooms:16
- Living area:8,740 sq. ft.
Heating and cooling
- Cooling:Evaporative Window
- Heating:Forced Air, Gas, Panel
Structure and exterior
- Roof:Asphalt
- Building area:8,740 sq. ft.
Schools
- High school:Bloomfield Schools
- Middle school:Bloomfield Schools
- Elementary school:Bloomfield Schools
Finances and disclosures
- Price:$1,323,100
- Price per sq. ft.:$151.38
New listings near 500 N 3rd Street
- New
$299,000Active4 beds 2 baths1,904 sq. ft.208 E Pine Avenue, Bloomfield, NM 87413
MLS# 26-467Listed by: COLDWELL BANKER CORNERSTONE - New
$298,000Active3 beds 2 baths1,456 sq. ft.522A N Kirby Street, Bloomfield, NM 87413
MLS# 26-447Listed by: RE/MAX OF FARMINGTON - New
$229,000Active4 beds 3 baths2,315 sq. ft.10 Road 5251, Bloomfield, NM 87413
MLS# 26-435Listed by: TRU NORTH PROPERTY GROUP - New
$335,000Active3 beds 2 baths2,131 sq. ft.411 N Church Street, Bloomfield, NM 87413
MLS# 26-425Listed by: R1 NEW MEXICO FARMINGTON - New
$279,900Active3 beds 2 baths1,470 sq. ft.824 N Cholla Street, Bloomfield, NM 87413
MLS# 26-419Listed by: REAL BROKER, LLC
$140,000Active1.27 Acres36 Road 4760, Bloomfield, NM 87413
MLS# 26-330Listed by: DIMMICK REALTY
$179,900Pending3 beds 1 baths1,040 sq. ft.805 Saguaro Street, Bloomfield, NM 87413
MLS# 26-394Listed by: HIGH DESERT REALTY LLC
$729,500Active3 beds 4 baths3,100 sq. ft.7153 Us 64, Bloomfield, NM 87413
MLS# 26-380Listed by: LPT REALTY, LLC
$325,000Active4 beds 3 baths1,944 sq. ft.6763 Us 64, Bloomfield, NM 87413
MLS# 26-376Listed by: RE/MAX OF FARMINGTON
$215,000Pending3 beds 2 baths1,340 sq. ft.430 N 4th Street, Bloomfield, NM 87413
MLS# 26-347Listed by: REAL ESTATE PROS