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For sale
  • $850,000

    1309 Rufina Ln, Santa Fe, NM 87507

    8beds
    4baths
    3,300sqft
    : 
    Multi Family
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $258/sqft
    $-- HOA

    What's special

    Ample off-street parking
    Prime Santa Fe Investment Opportunity. Discover an exceptional 4-Plex income property located in one of Santa Fe’s most sought-after districts. This centrally positioned asset is just one block from Meow Wolf and within easy reach of Second Street Brewery, popular dining, galleries, and performance spaces. Each unit features 2 bedrooms and 1 bathroom, with two units offering private yards. The property provides ample off-street parking and a strong rental history in an area experiencing continued growth and revitalization. Priced near a 7 Cap Rate. Whether you’re expanding your portfolio or seeking a stable investment with upside potential, this property represents one of the best values currently available in Santa Fe’s thriving investment market! Owner/Broker
    159 days
    |
    310
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gene Valencia 505-920-5629,

    Keller Williams Realty 505-983-5151

    Source: SFARMLS,MLS#: 202505051MLS LogoOriginating MLS: Santa Fe Association of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • No Interior Steps
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 3,300
      • Total interior livable area: 3,300 sqft

      Property

      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: Multi/Split
      Lot
      • Size: 8,276.4 Square Feet
      Details
      • Parcel number: 018000848
      • Zoning: R-1, 2, 3, 4, 5, 6
      • Zoning description: Buyer to verify
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Multi-Level
      • Property subtype: Multi Family
      Materials
      • Frame
      • Roof: Flat
      Condition
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Separate Meters, Electricity Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Santa Fe

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $528,279
      • Annual tax amount: $4,026
      • Date on market: 11/13/2025
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/1/2026Listed for sale$850,000$258/sqft
        Source: SFARMLS #202505051 Report a problem
        12/16/2025Pending sale$850,000$258/sqft
        Source: SFARMLS #202505051 Report a problem
        11/13/2025Listed for sale$850,000+126.7%$258/sqft
        Source: SFARMLS #202505051 Report a problem
        8/18/2010Listing removed$375,000$114/sqft
        Source: Santa Fe Realty Partners #201000700 Report a problem
        2/18/2010Listed for sale$375,000-6%$114/sqft
        Source: Santa Fe Realty Partners #201000700 Report a problem
        12/19/2009Listing removed$399,000$121/sqft
        Source: Santa Fe Realty Partners #807811 Report a problem
        10/24/2009Listed for sale$399,000$121/sqft
        Source: Santa Fe Realty Partners #807811 Report a problem
        7/25/2009Listing removed$399,000$121/sqft
        Source: Santa Fe Realty Partners #807811 Report a problem
        6/6/2009Price change$399,000-4.8%$121/sqft
        Source: Santa Fe Realty Partners #807811 Report a problem
        12/24/2008Price change$419,000-2.3%$127/sqft
        Source: Listhub #807811 Report a problem
        11/23/2008Listed for sale$429,000$130/sqft
        Source: Listhub #800521 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,026 +43.5%$528,279 +47.8%
        2023$2,806 +2.3%$357,521 +3%
        2022$2,744 +1.6%$347,108 +3%
        2021$2,702 -2.4%$336,999 +192.5%
        2020$2,768 +1.4%$115,195 +3%
        2019$2,729 +2.3%$111,840 +3%
        2018$2,669 $108,582 +3%
        2017$2,669 +2.6%$105,420 +111.5%
        2016$2,602 $49,846 +3%
        2015$2,602 +122.9%$48,394 +3.1%
        2014$1,167 +23.4%$46,938
        2013$946 +3.2%--
        2012$916 -1.6%--
        2011$931 +1.9%--
        2010$914 +5.7%--
        2009$865 +4.2%--
        2008$830 +1.7%--
        2005$816 +9%--
        2004$749 -7%--
        2003$805 +5.4%--
        2002$764 -4.4%--
        2001$799 +3.5%--
        2000$772 $42,796

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $4,737/mo
        Principal & interest
        $4383
        Property taxes
        $354
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          Climate risks

          Neighborhood: 87507

          Getting around

          72 / 100
          Very Walkable
          61 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: El Camino Real Academy
          • Middle: El Camino Real Academy
          • High: Capital

          Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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