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$798,456
8 Beds ⋅ 8 Baths ⋅ 1104663 MLS ⋅ 56 DOM
Exceptional opportunity to acquire a 8-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 7.37% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today's market. A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental income and reducing collection risk.

635 Mesilla Street SE, Albuquerque
$469,000
8 Beds ⋅ 4 Baths ⋅ 1104528 MLS ⋅ 424 DOM
Attention investors! This Southeast Heights 4-plex is a fantastic opportunity to expand your investment portfolio. The property features four fully occupied 2-bedroom, 1-bath units, each with its own individual utility meter. Conveniently located near shopping, dining, and everyday amenities, this income-producing property offers strong rental appeal in a desirable location.

528 Alvarado Drive SE, Albuquerque
$950,000
10 Beds ⋅ 5 Baths ⋅ 1104437 MLS ⋅ 171 DOM
SAWMILL DISTRICT INVESTMENT PACKAGE | 3 RENOVATED HOMES + DEVELOPMENT LOT Rare opportunity to own three fully renovated homes plus an additional development lot in Albuquerque's highly sought-after Sawmill District. Extensive updates include kitchens, bathrooms, flooring, roofing, windows, stucco, plumbing, water lines, electrical systems, and more. Ideal for investors seeking short-term rentals, long-term rentals, house hacking, multi-generational living, or future development potential. Conveniently located near Old Town, Sawmill Market, museums, dining, and Downtown Albuquerque. A unique opportunity offering immediate income potential, flexibility, and future upside in one of Albuquerque's most desirable neighborhoods.

1321 15th Street NW, Albuquerque
$1,000,000
6 Beds ⋅ 4 Baths ⋅ 1104390 MLS ⋅ 61 DOM
Sitting on 1.6 private acres, this Four Hills estate offers 5 bedrooms plus a full casita with its own living room & kitchenette. Enjoy 1,500+ sq ft of garage space w/ a pull-through bay to the back lot. The backyard features a resort-style pool w/ automatic cover & diving board, large covered patio, real grass, basketball court, mature trees, & areas to relax or entertaining. Inside, the updated granite kitchen with double ovens & butcher block island opens to a spacious layout with/ wood floors, tons of storage, luxurious primary suite w/ a huge walk-in closet, game room with a retro bar, & large laundry room. Recent updates include roof, electrical panel, an HVAC system, driveways, pool deck, carpet, paint, & more. Minutes from The Canyon Club, Kirtland AFB, shopping, & hiking!

1634 Sagebrush Trail SE, Albuquerque
$349,900
7 Beds ⋅ 4 Baths ⋅ 1104238 MLS ⋅ 68 DOM
This well-maintained 4-plex is an excellent investment opportunity with strong rental appeal and low-maintenance features throughout! Offering three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this property is designed for easy ownership and tenant convenience. Recent improvements include a newer roof with warranty, newer fencing, and refreshed stucco surfaces for added peace of mind. Interiors feature durable flooring throughout with no carpet, making upkeep simple and cost-effective. All units equipped with electric systems for easier and more affordable repairs, plus stoves and refrigerators are included in every unit. Select units also offer washer hookups for added tenant convenience. A great addition to any investment portfolio with practical upgrades.

209 Texas Street NE, Albuquerque
$495,000
6 Beds ⋅ 3 Baths ⋅ 1104194 MLS ⋅ 66 DOM
Well maintained tri-plex located in a secluded pocket neighborhood close to KAFB, the VA Hospital, Nob Hill and UNM/UNMH. Excellent opportunity to add to your portfolio or start your portfolio. Each unit has two bedrooms, spacious living room, full bath, large kitchen, and a back patio area. Each unit has a detached storage unit in the back corner of the property for extra items. Each unit is individually metered for gas and electric. Owner pays water, sewer, and trash. One on-site parking spot and plenty of street parking. Sellers also own 4017 Thaxton SE, a tri-plex next door. Buy one property or both!

4021 Thaxton Avenue SE, Albuquerque
$2,795,000
6 Beds ⋅ 7 Baths ⋅ 1104174 MLS ⋅ 25 DOM
Privately situated on a cul-de-sac in the prestigious High Desert community, this exceptional six-bedroom residence captures the essence of refined desert living. Sweeping mountain views frame nearly every room, while a stunning indoor pool creates a year-round retreat designed for both relaxation and sophisticated entertaining. The expansive view windows fill the home with natural light and showcase the surrounding landscape as living artwork. An elevator provides seamless access to the pool from the upper-level area, blending luxury with everyday convenience. The thoughtfully designed kitchen features stainless steel appliances and generous gathering spaces ideal for intimate dinners or large-scale entertaining. Outside, the beautiful desert landscaping enhances the home's

8501 Snakedance Court NE, Albuquerque
$562,500
8 Beds ⋅ 4 Baths ⋅ 1103919 MLS ⋅ 172 DOM
*Now Selling Separate from 1225* 1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through future rent growth and continued operational improvements. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40, the properties offer quick access to Downtown Albuquerque, employment centers, and the Indian Pueblo Cultural Center.

1237 Menaul Boulevard NW, Albuquerque
$562,500
8 Beds ⋅ 4 Baths ⋅ 1103921 MLS ⋅ 172 DOM
*Now Selling Separate from 1237*1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through future rent growth and continued operational improvements. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40, the properties offer quick access to Downtown Albuquerque, employment centers, and the Indian Pueblo Cultural Center.

1225 Menaul Boulevard NW, Albuquerque
$499,999
9 Beds ⋅ 4 Baths ⋅ 1103768 MLS ⋅ 87 DOM
Rare South Valley investment opportunity on approximately half an acre with flexible income-producing potential. Property features 4 heated/cooled units, including a 5 bed/2 bath main home, a 2 bed/1 bath secondary home, and 2 additional detached units potential STR/offices/storage/etc. Ideal for investors, multigenerational living, rental income, assisted living potential, or creative workspace opportunities. Recent upgrades include HVAC, mini splits, electrical, plumbing, and new additions. Property is currently vacant, allowing immediate flexibility for the next owner. Ample room for RV parking, equipment, vehicles, or future expansion.

3102 Rosendo Garcia Road SW, Albuquerque
$425,000
6 Beds ⋅ 4 Baths ⋅ 1103389 MLS ⋅ 77 DOM
Unique and versatile property perfect for multi-generational living or rental potential! The main home features 4 bedrooms, 2 full bathrooms, a spacious living room, and an updated kitchen with new cabinets, quartz countertops, stainless steel appliances, separate dining area, and washer/dryer. Enjoy the covered patio with a shingle roof and large private yard. Connected to the main home is a private in-law suite with its own entrance, offering 2 bedrooms, 1 full bath, a 3/4 bath, kitchen with appliances, family room, and separate laundry set. Property also features a new TPO roof, new cement driveway, and backyard patio. Each dwelling has its own private entrance and yard space, providing comfort and flexibility. A rare opportunity with endless possibilities. Seller is motivated!

112 Hilton Avenue NW, Albuquerque
$559,000
7 Beds ⋅ 5 Baths ⋅ 1103352 MLS ⋅ 116 DOM
Investor Opportunity!!! Discover this Fourplex residence in the heart of Albuquerque's highly desirable Northwest Valley. Situated on a generous lot, the property features multiple well-designed units, each thoughtfully equipped with in-unit washers and dryers--an attractive amenity for tenant's convenience and comfort. Covered parking adds even more value, enhancing tenant appeal and long-term retention. With strong rental potential and room to maximize returns, this property presents a unique chance to invest in a growing area while building lasting equity. Don't miss this versatile and income-producing gem in one of Albuquerque's most sought-after locations.

325 San Andres Avenue NW, Albuquerque
$510,000
8 Beds ⋅ 15 Baths ⋅ 1103323 MLS ⋅ 77 DOM
NM Apartment Advisors and Deacon Property Services are excited to bring this quality South UNM Campus / Sunport area fourplex to market. Located acrossthe street from the Puerta del Sol Golf Course, the property features stunning mountain views over the golf course. It is also just 1 block from the future site of the Aviation Center for Excellence, it's less than 1/2 a mile from the Max Q Development, and it's just 2 miles east of the just- announced Lobo Crossing Retail Development.With 4 modernized, well-apportioned 2 Bed / 1 bath apartments and 4 detached storage units, the property presents a unique opportunity for a conventional investor looking for a solid asset with easy upside potential or an ideal chance for an owner interested in living in an updated apartment and completing the ultimate investment house hack.All apartments are separately metered for gas and electric and offer enclosed private patios or balconies. Apartments have been updated as they've come available over the last few years. A new roof was put on the building in Summer of 2026. A full renovation wasalso just completed on Unit D, which has been left vacant and available for potential owner occupants as well as for showings with pre-approved buyers.Expedite your appreciation by grabbing simple and easy low hanging value, including: an unused common laundry room ready for renovation and inherent additional income, easy pathways for creating large backyards on the two ground floor units, and 4 separate, detached storage units that can be rented to tenants or the public for additional income.The same seller also owns 1815 Girard SE and will be soon bringing it to market at $510,000 as well. It also boasts a new roof (2025) and has a vacant apartment available for showings and / or an own-er occupant. If an investor decides to purchase bothcommunities together, Seller will offer a portfoliodiscount of $10,000 - for a Sales Price of $1,010,000for both properties (8 units).

1809 Girard Boulevard SE, Albuquerque
$560,000
10 Beds ⋅ 6 Baths ⋅ 1103106 MLS ⋅ 82 DOM
This well maintained 6-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Two sep. deeded triplexes. Recent updates include evaporative cooler, windows at 501 B & C, & 505 B, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, & 80% energy-efficient furnaces in select units. Functional floor plans & courtyard-style layout appeal to tenants seeking convenience & affordability. Whether you're expanding your investment portfolio or entering multifamily ownership, this property offers strong income potential with meaningful upgrades. Newer roof in past few years at 501, 505 in past apprx 7yr

501-505 Mesilla Street SE, Albuquerque
$518,800
6 Beds ⋅ 4 Baths ⋅ 1102986 MLS ⋅ 82 DOM
Marketing Flyer and Lead paint disclosure are in documents. Do not disturb the tenants. Property can be shown with 48hrs notice and proof of funds.

1200 Edith Boulevard SE, Albuquerque
$1,500,000
12 Beds ⋅ 12 Baths ⋅ 1102929 MLS ⋅ 1754 DOM
Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail. 5 of 6 units are now cash flowing AirBnB units - See APOD

615 Iron Avenue SW, Albuquerque
$479,900
6 Beds ⋅ 4 Baths ⋅ 1102912 MLS ⋅ 189 DOM
Well maintained 4-plex in desirable NE Heights location! One vacant unit, 3 occupied. (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Tenants love the grassy and tree covered courtyard area, private parking spots and central location. Individually metered for electric and master meter for gas and water/sewer. Projected 6% CAP rate showing strong income potential and highly rentable area.

11009 Towner Avenue NE, Albuquerque
$479,990
6 Beds ⋅ 4 Baths ⋅ 1102911 MLS ⋅ 189 DOM
Well maintained 4-plex in desirable NE Heights location! All units currently occupied. (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Tenants love the grassy and tree covered courtyard area, private parking spots and central location. Individually metered for electric and master meter for gas and water/sewer. Projected 5.6% CAP rate showing strong income potential and highly rentable area.

11013 Towner Avenue NE, Albuquerque
$299,900
6 Beds ⋅ 3 Baths ⋅ 1102852 MLS ⋅ 349 DOM
INVESTMENT OPPORTUNITY WITH BUILT-IN INCOME AND ROOM TO GROW. This well-positioned tri-plex on Tennessee Street features three single-story units, each approx 750 sq ft with 2 bedrooms, 1 bath, and private yard space tenants love. Functional layouts include range and refrigerator, plus dedicated parking for added convenience. Tenant occupied for immediate cash flow, with strong rental appeal and upside potential. Whether expanding your portfolio or starting fresh, this property checks the boxes--don't miss your chance to secure a steady income producer!

325 Tennessee Street NE, Albuquerque
$1,000,000
6 Beds ⋅ 4 Baths ⋅ 1102470 MLS ⋅ 91 DOM
Beautiful light, incredible luxury, and boundless love is what you'll find in this gorgeous historic mansion with modern luxuries and many perks: including a private, separate two-apartment carriage house with market rent of about $1,000 per apartment! Backyard oasis with fountains, fruit trees, a green lawn, herbs and flowers, and multiple patios. Main house has a parlor, living and dining rooms, a screened-in wraparound porch, large bedroom, and luxurious bath with a curbless shower and heated tile. Upstairs, three more bedrooms and a stunning new bathroom with tub, separate office and studio. Refrigerated air, owned solar, little to no electric bill. In the basement, storage galore and a wine cellar. NOTE: Square footage of main house 3128sf, carriage house ADU w/2 apartments adds an additional 1064sf for 4192 sf total. An incredible value for this beautiful estate.

1123 Tijeras Avenue NW, Albuquerque
$444,444
6 Beds ⋅ 6 Baths ⋅ 1102234 MLS ⋅ 78 DOM
Property is being marketed using the BID process with a start price of $444,000. There is one date for tours 7/8 at noon and an offer deadline of noon on 7/9/2026With an average rent of $1,118 the metrics of investment performance are a GRM 8.29, 8.52% cap rate, IRR after tax 17.7%.This is the type of property that feels more like housing than apartments -- a feature many residents value.

12404 Rosemont Avenue NE, Albuquerque
$1,190,000
7 Beds ⋅ 7 Baths ⋅ 1102070 MLS ⋅ 102 DOM
This is the best value in Tanoan,Nestled in the harmonious Tanoan West Community, the only 24/7 guard-gated golf course community in the city. Close to 6000 sq ft backing up to a golf course with a view, this 7-bedroom, 7-bathroom, 5 walk-in closets, and 2 large storage spaces, includes 5 private en-suites, an office, gym, spacious laundry room, and kitchen pantry. Has an optional second entrance providing two living rooms. 3-car garage with 2 large storage rooms. An entertainer's dream backyard with an extended deck, covered patio, and a built-in in-ground swimming pool w/auto-cover, pump, heater, and filter installed in 2025. Two newer tankless water heaters, a water softener. All in-place furniture, including gym equipment, is included.

9515 Augusta Avenue NE, Albuquerque
$649,000
6 Beds ⋅ 4 Baths ⋅ 1102027 MLS ⋅ 179 DOM
Ridgecrest addition area offers 6 bed, 4 full bath, 3 living rooms with 2 contemporary luxury primary suits downstairs and upstairs. Double vanities in each primary suite, upstairs having freestanding tub with separate shower and privacy toilet. 4 balconies to offer sunrise and sunset views. Spacious kitchen offers newer stainless steel appliances, large pantry, and beautiful quartz counter tops. Wood floors and tile found through out. With new solar installed, expect jaw dropping savings in electric bill. Solar sits on top of TPO roof. Home has 2 central refrig a/c and heating units, thermal windows, and tankless hot water heater. Spacious laundry room, 2 storage sheds, 2-car garage, and remote access steel driveway gate for added security completes this property.

1112 Truman Street SE, Albuquerque
$314,999
6 Beds ⋅ 3 Baths ⋅ 1101920 MLS ⋅ 71 DOM
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.

1033 Louisiana Boulevard SE, Albuquerque
$789,545
9 Beds ⋅ 9 Baths ⋅ 1101783 MLS ⋅ 22 DOM
This asset has been meticulously maintained with substantial capital expenditures completed, resulting in a stabilized, turn-key investment with minimal deferred maintenance. The offering presents investors with the opportunity to acquire a low-risk, stabilized multifamily asset in one of Albuquerque's fastest-appreciating apartment submarkets. With long-term, problem-free tenants and strong in-place operations, the property delivers immediate cash flow while offering organic rent growth upside driven by market fundamentals. This asset is well-suited for investors seeking stable income, downside protection, and long-term appreciation in a proven Albuquerque multifamily location.

1339 San Mateo Boulevard SE, Albuquerque
$599,000
7 Beds ⋅ 3 Baths ⋅ 1101113 MLS ⋅ 118 DOM
Great Opportunity-home has previously been operated as an assisted living and has a license that may be able to be transferred. Home is nestled in NE heights setting with beautiful mature trees on a corner lot. Home is equipped with 7 bedrooms and 2 1/2 bathrooms plus to spacious living rooms and a functional office. Home is ADA compliant with wheelchair ramp access at the front porch, roll-in showers in both full bathrooms as well solid surface floor with no transitions through the home (wood-look tile on all flooring areas). Two family rooms both with wood burning fireplaces. Large kitchen with ample cabinet and counter space. Newer tankless water heater 2024. Beautiful backyard landscape and large covered patio for outdoor entertaining or peaceful relaxation.

3225 Georgia Street NE, Albuquerque
$1,375,000
11 Beds ⋅ 8 Baths ⋅ 1101065 MLS ⋅ 136 DOM
Introducing Academy Casitas, Albuquerque's unique tiny village in the heart of downtown. This 8-unit hacienda-style community sits on a private, scenic .52 acre lot with ample parking and mixed-use zoning. Thoughtfully developed over 20 years, the property blends Southwestern charm with functional design, offering privacy and dedicated outdoor living spaces. Features include an on-site laundry room, a Morton steel building, and an RV pad with hookups. Well maintained with updates to roof, HVAC, appliances, and sewer/water lines. Flexible rental options for short- or long-term use. Turnkey asset with strong cash flow and upside potential. Academy Casitas domain https://academycasitas.com/ will convey with the sale of the property.

1508 Edith Boulevard NE, Albuquerque
$1,490,000
6 Beds ⋅ 4 Baths ⋅ 1100990 MLS ⋅ 117 DOM
DO NOT CONTACT SELLERS. LISTING WILL BE BACK ON MARKET 7/3/2026 Remarkable contemporary style home on .87 acre. Gated corner lot with a private pool make this home an oasis. Large master suite boasts a private deck with sunset views. Kitchen is designed for large gatherings and easy access to covered patio and pool area.Recent updates include remodeled master bath, retiled showers in 2 bathrooms, new roof over gym and 3 car garage, window treatments throughout including black out blinds in all bedrooms w remote control, new automatic pool cover that helps heat the pool using New Mexico sunshine!

12509 Eagle Rock Avenue NE, Albuquerque
$375,000
6 Beds ⋅ 4 Baths ⋅ 1100328 MLS ⋅ 127 DOM
Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating, evaporative cooling, and full insulation for year-round efficiency. The property includes a security metal-gate for both vehicle and pedestrian access. A surveillance security system is currently in place and may be purchased separately from the seller. Property is being sold as-is and may be purchased individually or together with 517 Paloma as an expanded investment. Possible Section 8 qualifier

521 Palomas Drive SE, Albuquerque
$375,000
6 Beds ⋅ 4 Baths ⋅ 1100323 MLS ⋅ 127 DOM
Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating, evaporative cooling, and full insulation for year-round efficiency. The property includes a security metal-gate for both vehicle and pedestrian access. A surveillance security system is currently in place and may be purchased separately from the seller. Property is being sold as-is and may be purchased individually or together with 521 Paloma as an expanded investment. Possible Section 8 qualifier

517 Palomas Drive SE, Albuquerque

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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.