Courtesy: Trinity Apartment Company LLC
505-269-1824
ully renovated 4-unit multifamily property located in the Northeast Heights. Each unit is a 2-bedroom, 1-bath floor plan and includes individual washer and dryer hookups. The property has undergone significant updates including:Updated roofUpdated stuccoUpdated windowsNewer concrete parkingInterior unit renovationsUnits are updated with modern finishes and show well. Strong tenant history with consistent rent payments and long-term occupancy. Located in a highly desirable and stable rental area with strong demand and low vacancy. Excellent turnkey investment with low maintenance and solid cash flow potential.
Courtesy: Berkshire Hathaway NM Prop
505-263-4624
This is a Very rare and unique possibility near the heart of the North Valley near Los Ranchos. This Investment opportunity has 4 units which includes 2 1 bedroom (650.sf) individual units and 1 Duplex with 2 (850 sf each) bedrooms all on a 1/2 acre spacious Lot * The amazing property can be used as Investment or Vacation Rentals and is a great opportunity for the seasoned investor or for owner occupants . 3 of the 4 units are nicely furnished and have their own front yards and plenty of parking . Each unit is also metered separately except water . Owner financing will be considered with high down payment and a short call . Seller has no recent rental history, Buyer to verify zoning .
Courtesy: Real Broker, LLC
505-331-9760
Exceptional 4plex offers an immediate, low-management cash flow stream with significant upside potential. 100% Occupancy with stable, reliable tenants who have expressed a strong desire to remain. Current rents are below market, providing an achievable rent increase strategy to boost the Cap Rate and overall ROI. Structured as tenant-paid utilities, minimizing landlord operating expenses and maximizing NOI. New sewer lines and a durable TPO membrane roof. Each unit offers highly desirable features including a small backyard and dedicated off-street parking, enhancing tenant retention. Strategically positioned near major economic and entertainment hubs with easy access to I-40. Showings will only be scheduled after an executed purchase agreement, and are subject to tenant availability.
Courtesy: AIM Properties
505-399-0291
A rare find for investors or owner-occupants, this fourplex is a turnkey investment, with all units occupied and under lease agreements. Set on a large lot with ample parking, the property is designed for both tenant satisfaction and owner convenience. Every spacious unit is equipped with a full suite of kitchen appliances--gas stove, refrigerator, dishwasher, and microwave--along with the desirable feature of in-unit laundry hookups. This is a hassle-free opportunity to acquire a cash-flowing asset in a stable market. Each unit is individually metered for gas and electric.
Courtesy: Keller Williams Realty
505-603-0724
Fantastic investment opportunity! This well-maintained triplex offers two occupied rental units and one available for owner-occupancy or additional income potential. The property offers spacious living areas, functional kitchens, and private entrances for each unit. Ideal for investors or owner-occupants seeking steady rental income. Located near schools, shopping, and commuter routes, this triplex combines comfort and practicality with strong rental history and long-term potential. A rare find that's ready to start generating income from day one! ''Subject to seller's 1031 exchange; no cost to buyer.''
Courtesy: Keller Williams Realty
505-331-8306
Property is occupied with 5 tenants, APPOINTMENT REQUIRED to view this historic property. Step back in time to this historic Route 66 ranch-style 1940 home on 10.7 acres-first built on a 200-acre Tres Pistoles Canyon homestead amid granite boulders with historic visitors! A rare investment opportunity with 7 beds, 6 baths, 8,134 sq ft. Main house + 2 casitas, each with their own entry, private driveway, and beautiful courtyards! Breathtaking Sandia views & easy National Forest hiking access make you feel worlds away--yet minutes from I-40's Tramway/Central exit. Historical charm includes original kitchen cabinets, classic bathtubs/showers, flooring, rock fireplaces, wrought-iron porches, & built-in BBQ pits. Main floor has koi pond & privacy fence; lower back has shade trees.
Courtesy: Berger Briggs RE & Prop Mgmt
505-980-6151
Priced at $450,000, 134 Rhode Island St SE is a two-story fourplex located in Southeast Albuquerque. This 3,060 sq. ft. property offers four (4) 2-bedroom, 1-bathroom units on a 0.155-acre lot and is located near Central Ave, Zuni Rd, and major arterial routes, making it attractive to long-term renters.The property has a projected gross income of $57,000 annually, with a 5% vacancy allowance ($54,000). With estimated annual operating expenses of $20,700, the pro forma net operating income (NOI) is approximately $33,400, yielding a projected cap rate of 7.42%, with a 27.52% IRR with a five-year hold.
Courtesy: Berger Briggs RE & Prop Mgmt
505-980-6151
The unit mix offers valuable diversity, with 3 two-bedroom/one-bathroom and 3 one-bedroom/one-bathroom units at 1030 Truman -- complete with private garages -- and an additional 3 units at 1040 Truman, including one 1-bedroom/1-bathroom and two 2-bedroom/1-bathroom apartments. The buildings are situated on spacious lots with mature landscaping, wrought iron security, and private courtyard areas that enhance curb appeal and resident livability.The projected gross income of $139,200 annually, adjusted for a 5% vacancy to $132,240, with estimated operating expenses of $37,361, yielding a pro forma NOI of $94,879. At the asking price of $1,500,000, the property offers a projected cap rate of 6.33% with a before-tax IRR of 17.41% .
Courtesy: Berger Briggs RE & Prop Mgmt
505-980-6151
Courtesy: Berger Briggs RE & Prop Mgmt
505-980-6151
Investment Property for Sale - 6512 Anderson Ave SE, Albuquerque, NM 87108Fully leased 3BR/3BA home earning $2,370/month. Features 2,084 sq. ft., updated kitchen, 2 living areas, sunroom, fireplace, and garage. Corner lot with low-maintenance yard. Tenant pays all utilities; landlord pays taxes/insurance. Great SE ABQ location near I-40 & Nob Hill.
Courtesy: Keller Williams Realty
505-470-9534
Turnkey Tri-Plex in Huning Highland!Beautifully maintained 3-unit property offering three spacious 1 BR / 1 BA apartments--each with private entrances and modern updates. Perfect for owner-occupant or investor! Previously a successful Airbnb with strong income potential for short- or long-term rentals. Prime location near Downtown, UNM, and Nob Hill. Off-street parking and fenced yard included. A rare chance to own a cash-flowing gem in one of Albuquerque's most desirable historic districts!
Courtesy: The Villarealty Group
505-480-6738
Turnkey 12-Unit Investment Property - Fully Upgraded & Energy Efficient! This well-maintained 12-unit property is a rare find, offering strong rental income with room for growth! Major capital improvements already completed including mini splits in each unit and the addition of an 80 gal electric water heater. Entire building has had an electrical upgrade and has been converted to electric appliances- new owner could potentially add solar to minimize utility bills. With room for rent increases, this is a fantastic opportunity for investors seeking a turnkey, high-efficiency building with strong cash flow potential. Contact your favorite Realtor for more details!
Courtesy: Keller Williams Realty
505-470-9534
Experience Albuquerque charm in this beautifully renovated duplex, nestled in the historic Huning District. Located just minutes from Presbyterian Hospital and UNM Main Campus, this property is perfect for short stays and extended visits alike.601 Walter St: Bright 2-bedroom, 1-bath unit with a modern kitchen and open layout.520 Iron Ave: Cozy 2-bedroom, 1-bath retreat with comfortable living spaces.Each home includes a private backyard and easy access to downtown attractions, dining, and entertainment. A perfect fit for travel nurses, or traveler's seeking a stylish and convenient home away from home.
Courtesy: Deacon Property Services
505-878-0100
Unique opportunity to own a quality, updated 7 Unit Compound. Welcome to 1003 and 1005 Carlisle SE - a 4-plex and a tri-plex on two separate parcels packaged together. This fully revitalized community is embedded in an area of redevelopment in the Knob Heights Neighborhood - walking distance to Castle Coffee, the Source Community Center, a Community Garden, multiple classic neighborhood parks, and just minutes to UNM, CNM, Kirtland Air Force Base, the Albuquerque International Sunport, and I-25. All seven apartments have been modernized with care and an eye for resident comfort. Classic, well-preserved vintage finishes have been thoughtfully combined with all the right amenities - like in unit washer/ dryers, very private yard spaces, updated fixtures and finishes, and additional storage.
Courtesy: Keller Williams Realty
505-433-1636
If you're seeking a well located property with lots of upside, take a look at this Vail duplex! A smart buy for both homeowners and investors alike. Two units, with the possibility for a third! This could easily become your ideal home or a standout investment! This duplex offers 2, 1 bedroom units with updated interiors, hardwood floors, no carpet & refrigerated air! Washer/dryer hookups located on site. Updated kitchens are open. 1 unit w/stainless steel appliances. Enjoy the charm of the private outdoor space for entertaining or relaxing. New water heater, new sewer line, and electrical panel. Reach out today for more info!
Courtesy: Realty One of New Mexico
505-321-0467
This well-maintained Far Northeast Heights home is on a large corner lot with great mountain views. The front has easy-to-maintain Southwestern landscaping. This property has two living areas; one has a wood-burning stove-both have wood laminate flooring. The primary bedroom has new carpeting, a full bath with a shower, and a jetted tub. The second bedroom also has new carpeting and the third has tile. The large kitchen has plenty of cabinet and counter space with a built-in grill, stainless steel appliances, and a island, custom wood blinds on most windows. The 2-car garage has a workbench and room for storage. The home also has a newer roof, a fruit tree, and refrigerated air.The seller prefers not to make repairs, and inspections are for the buyer's info.
Courtesy: Campbell & Campbell Real Estat
505-410-8293
2 duplexes, 3 small houses all on one lot. Duplexes are 2bed 1 bath, one house unit is 2bed one bath, 2 small houses are 1 bed 1 bath. Call your realtor today. There is one more unit that needs to be finished out. It has electrical and plumbing and framework in place. This could be another unit! Call today for information.
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
CORE AssetMeasures of investment performance at the ask price of $5,317,173 and current average rents of $878 a month are a GRM of 8.06, a 6.19% cap rate, $106,343 per unit, $163/sf, and an after tax internal rate of return is 17.0%And Value AddThe property is currently 20.3% below market rents and that does not take into account the double digit annual rent growth the market is enjoying. If the rents are raised to the market of $1,100, the metrics of investment performance improve to a cap rate of 8.82% and a cash on cash of 12.17%.This community is located facing Zia park and Zia Elementary school and within walking distance of the Nob Hills 80+ restaurants. The property is also within biking distance of the University of NM and sits between two major transit corridors
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
Located at 3601, 3605 & 3611 Wellesley NE, as well as 3611 Tyson NE. The portfolio is easily managed from one central location that includes laundry room for the residents use. The property portfolio contains two studio units, thirteen one bedroom units and ten two bedroom units.The portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price $3,015,000 and of based on the current average rents of $1,157 per month, the property's measures of investment performance include a 8.68 GRM, 7.26% cap rate before reserves, before tax IRR of 16.1% and an after-tax IRR of 12.9%. If rents were raised to market average of $1,324, and even with a potential 3fold increase in property taxes, cap could be 7.74%
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
Measures of investment performance at ask price of $3,965,358 and current average rent of $745 are a GRM of 10.08, a 6.65% cap rate, cash on cash of 6.42%, $90,122 per unit, and $154/sf. If rents were raised to market rents of $1,002, measures of investment performance increase to a GRM of 7.50, and a 8.65% cap rate.Please note the numerous property upgrades listed in the flyer and pay special attention to all of the new development in the area, including the recently opened City of Albuquerque Community Services Headquarter directly west of the property.Most of the apartments have been updated with contemporary finishes & luxury vinyl plank flooring throughout. Secured access / courtyard entry to all buildings and apartments with 47 off street parking spaces (2 carport) ...
Courtesy: Trinity Apartment Company LLC
505-269-1824
Rare Investment Opportunity in the Heart of NE Heights! A well-maintained multifamily property located in one of Albuquerque's most desirable neighborhoods. Surrounded by parks, top-rated schools, and established amenities, this property offers both convenience and long-term rental appeal. The community consists of all two-story 2BD/1BA units, each designed with functionality in mind. Every unit features in-unit washer/dryer hookups and private balconies, enhancing tenant comfort and marketability. Several units have been moderately updated, with improvements including newer swamp coolers in most, refreshed interiors, newer roofs, and modern touches that reduce future maintenance needs while boosting tenant satisfaction.
Courtesy: The Villarealty Group
505-480-6738
Great investment opportunity! Roof replaced 2020, 2 units upgraded 2022 with vinyl plank flooring and new bathroom amenities. Property is fully fenced and gated, including 2 parking spaces per unit. Now fully rented! Each of the 4 units are 2 bed, 1 bath, and separately metered.
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
The property features specious two bedroom one bathroom units with stand alone front and rear entrances as well as their own internal laundry room. The two units are stacked on top of each other and adjacent to two similar duplexes. Additionally, each unit is separately metered for electric and gas. The upper floor unit is vacant and needs a bit of work to be rent-ready. With an ask $225,000 there is a lot of runway on this deal as the dozen comparable sales support a market value of $383,826, this charmer will go fast.
Courtesy: Realty One of New Mexico
505-415-0941
Condo with spacious bedrooms (one with a walk-in closet) and in-unit washer. Great area close by to grocery stores, restaurants, and shopping, with easy access to walking trails and the Sandia Mountains!
Courtesy: EXP Realty LLC
505-550-8331
Welcome to 412 Harvard Blvd SE! This versatile property features a 3-bedroom, 2-bath main house plus a detached 1-bedroom, 1-bath casita with a tenant already in place, providing immediate investment income. The property is fully fenced, with the casita enjoying its own separate fenced area for added privacy. Ideally located less than 10 minutes from UNM Hospital and just 3 minutes(0.6 acre) to the UNM main campus, this home offers flexibility--live in the main house while collecting monthly income, or rent out both units as a fantastic investment. Don't miss this incredible opportunity!
Albuquerque is located in New Mexico. Albuquerque, New Mexico has a population of 562,336. Albuquerque is less family-centric than the surrounding county with 25.25% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Albuquerque, New Mexico is $56,366. The median household income for the surrounding county is $56,920 compared to the national median of $69,021. The median age of people living in Albuquerque is 37.5 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 11.1 inches per year, with 10.6 inches of snow per year.
