#202500056, Tai Bixby, Jacob Rocker, Listing office: Real Estate Advisors, LLC
Property details
About 540/542 Franklin Ave
This handsome, Stamm-built triplex, with one fully renovated unit, offers vintage charm and income potential in a terrific, downtown location. Each one bedroom, one bath unit is unique: the front home has classic character, a sun-filled flex room and small basement, The extensively remodeled second unit has a bright, contemporary kitchen with new upper-end appliances, a sleek bath with walk-in shower, and an enclosed backyard. The third unit, with a good-sized, private courtyard, has winsome, retro character and a small basement for storage. There are two garages and plenty of parking. Groceries, theater, restaurants, the farmer’s market and a wealth of city amenities are all about a half mile away. Retain the 2 excellent tenants and keep the third unit for yourself or rent all three for maximum return.
Highlights
Home typeTriplex
HeatingDuctless, Forced Air, Propane, Natural Gas, Separate Meters
StatusActive
CoolingDuctless, Central Air, Window Unit(s)
Lot size0.15 Acres
Year built1920
ParkingDetached, Garage
MLS #202501981
Summary
- Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
- Basement: No
- Interior: Interior Steps
- Attached Garage: No
- Parking: Detached, Garage
- Architectural Style: One Story
- Heating: Ductless, Forced Air, Propane, Natural Gas, Separate Meters
- Cooling: Ductless, Central Air, Window Unit(s)
- List Price: $913,000
- Year Built: 1920
- Lot Size: 0.15 Acres
- MLS Number: 202501981
- MLS Name: SFAOR
- Office Name: Sotheby's Int. RE/Washington
- Office Phone: (505) 988-8088
- Listing Agent: Joshua Maes, Malissa Kullberg
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 8:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
9
Wood-Gormley Elementary School
Public District KG-6
0.9 mi
•141 E Booth St
4
E.J. Martinez Elementary School
Public District PK-6
1.1 mi
•401 North San Mateo
8
Carlos Gilbert Elementary School
Public District KG-6
1.2 mi
•300 Griffin St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,828. Residents of Santa Fe, NM typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
28%
<35k
54%
35k-100k
14%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
71%
Single, No Kids
9%
Single, with Kids
14%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
21%
18-34 yrs old
51%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Horse Races
Extreme Sports
Where do the neighbors shop?
Chico's
Stein Mart
Sam's Club
Where do the neighbors go to eat?
Bob Evans
LongHorn Steakhouse
White Castle
What do the neighbors drive?
Oldsmobile
Buick
Mazda
What do the neighbors listen to?
News
Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 540/542 Franklin Ave
The listing price of 540/542 Franklin Ave property is $913,000.
The property 540/542 Franklin Ave is a multi located in Santa Fe, New Mexico, 87501.
Active Listing: 540/542 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 540/542 Franklin Ave are: Wood-Gormley Elementary School (GreatSchools Rating 9/10), E.J. Martinez Elementary School (GreatSchools Rating 4/10), Carlos Gilbert Elementary School (GreatSchools Rating 8/10), Aspen Community School (GreatSchools Rating 4/10), Gonzales Elementary School (GreatSchools Rating 5/10), Milagro Middle School (GreatSchools Rating 2/10), New Mexico School for the Arts (GreatSchools Rating 8/10), Mandela International Magnet (Mims) (GreatSchools Rating 9/10), Santa Fe High School (GreatSchools Rating 5/10).
The year of construction for 540/542 Franklin Ave is 1920.
This home is located at 540/542 Franklin Ave in Santa Fe, NM and zip code 87505 in the Pasadena neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $913,000.
Over 12 listings were sold over their listed price in June 2025 in Santa Fe, NM. In the same period over 88 listings were sold below the listed price and 39 listings were sold for the listed price. The inventory of homes for sale in Santa Fe, NM between May and June 2025 increased by 8%. While the average time on the market in June 2025 was 48 days, the median list price was $650,000.
From Rocket Homes Real Estate and based on county public records data.