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$539,900
7 Beds 5 Baths 1110663 MLS 4 DOM
Rare Northeast Albuquerque fourplex offering the kind of upside investors want without the heavy renovation budget. This well-kept property shows very little deferred maintenance, allowing a new owner to focus on operations and long-term income rather than immediately pouring capital into the property. One-year leases are currently in place, while existing rents are collectively approximately 34% below estimated market rents, creating meaningful future income and value-add potential.Major property components have been well maintained, including a parking lot repaved in 2025, roofs estimated at approximately 10 years old, and a water heater estimated at approximately 10 years old. Additional features include each unit has its own storage room, mature, well-kept landscaping, vinyl thermal double-pane windows, and a combination of vinyl plank and carpet flooring.Unit A stands out as a spacious 3-bedroom residence with its own washer and dryer, while the remaining three units have access to a convenient common laundry room.Located in an established Northeast Albuquerque neighborhood near shopping, dining, public transit, employment corridors and the Sandia Foothills, this property offers the combination of location, existing income and future upside that can be difficult to find.This is not a renovation-heavy value-add project. It is an opportunity to acquire a stabilized, well-maintained fourplex with relatively low entry CAPEX and build long-term income by improving operations and capturing the existing rent gap over time. A strong buy-and-hold opportunity for an investor looking for durable Albuquerque real estate with room to grow.

1116 Nakomis Drive NE, Albuquerque

$525,000
4 Beds 3 Baths 1110522 MLS 6 DOM
Opportunities to own in Four Hills are limited, and this classic has a fully transformed kitchen. At 1117 Sagebrush Trail SE, Albuquerque, NM 87123, a circle drive and gated courtyard introduce a spacious single-story home where timeless character meets fresh 2025 updates. The remodeled kitchen features gorgeous new cabinetry, beautiful granite countertops, stainless steel appliances including a 6-burner range, a huge farmhouse sink and a distinctive custom wood range hood. New wood-look laminate flooring extends through the updated spaces, while updated bath fixtures add another layer of polish. The light-filled dining room connects beautifully to the kitchen, and the living room features a soaring tongue-and-groove ceiling and wood-burning fireplace. A second living space with another wood-burning fireplace creates flexible room for a family room, office, library or other uses, while a breakfast nook just off the kitchen adds everyday convenience. The primary bedroom opens to a sunroom, with three additional bedrooms providing plenty of flexibility. Outside, the landscape has been prepped for your vision. Enjoy golf at The Canyon Club at Four Hills and convenient access to Interstate 40, with foothills hikes beckoning from the outskirts. Sandia National Laboratories and Kirtland AFB are also nearby. This is a rare opportunity to own a substantially transformed kitchen in a classic Four Hills home and complete the remaining details to your own vision.

1117 Sagebrush Trail SE, Albuquerque

$560,000
10 Beds 6 Baths 1110109 MLS 16 DOM
This well-maintained 6-unit multifamily investment property offers an excellent opportunity to acquire a centrally located, income-producing asset with significant recent capital improvements. The property consists of two separately deeded triplexes at 501 and 505, which are being sold together, providing a total of approximately 4,248 square feet across six residential units.The property features a desirable mix of two 1-bedroom/1-bath units and four 2-bedroom/1-bath units, with functional floor plans and a courtyard-style configuration that appeals to tenants seeking convenience and affordability.Ownership has completed numerous improvements throughout the property. Recent upgrades include evaporative cooling, replacement windows in 501 B & C and 505 B, remodeled interiors in select units, durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Roofing improvements include an ISO roof at 501 completed within approximately the last two years and a TPO roof at 505 completed within approximately the last seven years. All month to month tenants. Unit Mix501Unit A -- 571 SF | 1 BD / 1 BAUnit B -- 571 SF | 1 BD / 1 BAUnit C -- 833 SF | 2 BD / 1 BA505Unit A -- 704 SF | 2 BD / 1 BAUnit B -- 759 SF | 2 BD / 1 BAUnit C -- 810 SF | 2 BD / 1 BA -vacant needs renoTotal Building Area: Approximately 4,248 SFTotal Units: 6Current Monthly Rent: $6,281Annualized Current Rent: $75,372With an established income stream, substantial recent improvements, and a versatile unit mix, this property presents an attractive opportunity for an investor seeking an improved multifamily asset with continued income and long-term appreciation potential. Vacant unit needs renovation. From owner between $10-25k depending on preference to be rented.

501-505 Mesilla Street SE, Albuquerque

$600,000
3 Beds 3 Baths 1109620 MLS 32 DOM
Brand-new luxury low maintenance townhome! This exceptional residence offers a rare combination of sophisticated modern design, luxury finishes, privacy, and an unbeatable Albuquerque location, right in the heart of the NE Heights. The home captures a private tranquil feel, relax on the balconies and take in unforgettable New Mexico sunsets as the mountains glow against the evening sky.Designed for modern living and effortless entertaining, the gourmet kitchen features reliable GE appliances, quartz countertops, and contemporary cabinetry. with soft close drawers, doors and convenient touches like trash bin, utensil drawers and much more. Upgraded and durable porcelain wood look tile flooring flows throughout the home.The spacious primary suite offers a luxurious private retreat with a deck. The large walk-in closets, and a spa-inspired primary bath featuring a solid surface separate shower surround, a pedestal tub for destressing after long days. This home's luxury baths showcase elevated finishes and modern design. Generously sized secondary bedrooms provide plenty of space.An oversized two-car garage provides abundant parking and storage, while the low-maintenance backyard offers a private outdoor space without extensive upkeep. Enjoy this home creature comforts while experiencing the convenience of an in-town location, and unrivaled quality in a low maintenance gated luxury community.Conveniently close to Sandia National Laboratories, Kirtland Air Force Base, hospitals, shopping, dining, entertainment, and major roadways, this home offers the perfect balance of luxury, security, convenience, and low-maintenance living in the sought-after Northeast Heights.

4320 Wymont Circle NE, Albuquerque

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The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Scarborough Realty Group 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, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Albuquerque Homes Between $500K And $600K For Sale

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