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3509 Tulane Drive NE, Albuquerque
$529,000
8 Beds ⋅ 4 Baths ⋅ 1113103 MLS ⋅ 1 DOM
Live in one unit and let the other three help pay your mortgage! This Albuquerque fourplex offers practical features that stand out to renters. Combination refrigerated-air and furnace systems installed approximately five years ago make seasonal changeovers simple, while in-unit washers and dryers add everyday convenience and rental appeal.Qualified owner-occupant buyers can explore FHA financing with as little as 3.5% down and use eligible rental income from the other three units to help qualify for the loan. HUD's FY2027 Albuquerque two-bedroom Fair Market Rent of $1,384 per month provides a benchmark for evaluating rental potential. This figure includes utilities; actual rents and voucher approvals vary.An opportunity to grow your rental portfolio or combine homeownership with rental income. Financing is subject to lender approval, property eligibility, and FHA's fourplex self-sufficiency requirements.

3509 Tulane Drive NE, Albuquerque

2121 Eton Avenue SE, Albuquerque
$400,000
4 Beds ⋅ 2 Baths ⋅ 1112744 MLS ⋅ 11 DOM
Great opportunity to own a charming single-story duplex in Albuquerque's sought out University area! Each unit offers 2 bedrooms, 1 bathroom, beautiful hardwood floors, its own covered entrance, and a separate fenced yard. The property features separately metered gas and electricity, a detached 2-car garage, and generous off-street parking. One unit also features a kitchen with abundant cabinetry, tile backsplash, and a gas range. Conveniently located just minutes from UNM, CNM, University Stadium, The Pit, the UNM baseball stadium, restaurants, shopping, and more! Whether you're looking to expand your investment portfolio or live in one unit while renting out the other, this property offers a great opportunity in a convenient central Albuquerque location!

2121 Eton Avenue SE, Albuquerque

124 Princeton Drive SE, Albuquerque
$611,262
5 Beds ⋅ 4 Baths ⋅ 1112694 MLS ⋅ 15 DOM
Imagine owning a property just one block--approximately 200 steps--from the University of New Mexico campus. At the northeast corner of Princeton and Silver, 124 Princeton SE is also near CNM, Nob Hill, restaurants, cafes, microbreweries and local retail. The location offers residents a walkable connection to the University-area lifestyle.Built in 1945 and renovated from top to bottom in 2019, this distinctive fourplex combines vintage character with modern conveniences. It features a generous two- to three-bedroom main house and three one-bedroom apartments, with thermal windows, mini-split HVAC, updated fixtures, custom tile and preserved original finishes. Residents enjoy private patios and landscaped walkways, plus off-street parking with a garage and two carports. The main house has its own washer/dryer; the other three units share a laundry room. All units are separately metered for gas and electricity.

124 Princeton Drive SE, Albuquerque

312 Western Skies Drive SE, Albuquerque
$418,000
2 Beds ⋅ 1 Baths ⋅ 1112676 MLS ⋅ 10 DOM
**INVESTMENT OPPORTUNITY** Discover the potential of this fully leased fourplex at 312 Western Skies Dr SE in Albuquerque! Conveniently located with access to I-40, shopping, dining, and everyday amenities, this income producing property offers investors an opportunity to expand their portfolio with established rental income from day one. Currently generating $3,345 in monthly base rent, or $40,140 annually. All four units are currently leased, with lease expirations extending into 2027. Updates include the roof replacement less than two years ago and the swamp coolers were replaced within the last five years! Whether you're expanding an existing portfolio or entering the multifamily market, this property offers immediate income and future growth potential. Don't miss this opportunity to invest in Albuquerque real estate! Buyer to verify all financial information, rental projections, and property details.

312 Western Skies Drive SE, Albuquerque

204 Monroe Street NE, Albuquerque
$675,000
3 Beds ⋅ 2 Baths ⋅ 1112645 MLS ⋅ 5 DOM
Rare investment opportunity in Albuquerque's desirable UNM North neighborhood near Nob Hill! This charming, updated 4-plex offers four rental units, including two 1-bedroom and two 2-bedroom residences, with three long-term tenants and one vacant 2-bedroom unit offering flexibility for a traditional rental, potential Airbnb/short-term rental, or owner-occupant. Originally built in 1950 as two duplexes on separate lots, now replatted as one property, this unique multifamily investment combines vintage character with modern conveniences. Each unit features original oak hardwood floors, granite countertops, refrigerated air, tankless water heater, individually metered gas & electric, and its own washer & dryer. Each residence also has a private backyard and garage. Additional parking includes two double carports and gated alley access. A beautiful, tree-shaded central courtyard with grass and seating creates an inviting gathering space and sense of community for residents. Conveniently located near UNM, Nob Hill, Uptown, shopping, restaurants, and public transportation. An exceptional opportunity to acquire an established Albuquerque income property with flexible rental options and additional income potential! Address is both 204 & 206 Monroe St NE

204 Monroe Street NE, Albuquerque

1928 Sunshine Terrace SE, Albuquerque
$535,000
3 Beds ⋅ 2 Baths ⋅ 1112367 MLS ⋅ 15 DOM
Close to the new LOBO CROSSING, UNM Stadium/ new Chic fil A and additional commercial growth like Target. Great rental with huge potential for value add. Currently, there are two units: the first is a 2 bed/1 bath house with hardwood floors, a new bathroom, a new kitchen, and a utility room with washer and dryer. It also has a new heater, new swamp cooler, and a newer roof. The back unit is about 85% complete and will be finished after contract, additional rents of upto 1100 month, features 1 bed/1 bath with its own washer and dryerMini splits and a metal roof. The property could be converted to have more units by building out the lower 3-car garage and storage area. Or across the back section. This could be the perfect opportunity to boost your cash flow. All photos are from before remodel.

1928 Sunshine Terrace SE, Albuquerque

9607 Central Avenue NW, Albuquerque
$1,427,100
6 Beds ⋅ 5 Baths ⋅ 1112319 MLS ⋅ 18 DOM
Rare value-add on iconic Route 66. This family-style 11-unit compound spans two parcels totaling 1.3993 acres zoned NR-BP, with only 6,845 sf built, leaving real room for storage income or future development. Six buildings hold 2 studios, 5 one-bedrooms, 3 two-bedrooms, and 1 three-bedroom house, plus 3 RV pad sites leased at $650 each for extra monthly income. Studios and one-bedrooms rent below market, giving a new owner instant upside. Every unit has its own mini splits for heating and cooling and vinyl plank flooring. Units 1-6 have no washer, dryer, or hookups, units 7-11 have washer/dryer hookups. Minimum one-year leases, some month to month, off-street parking throughout. Walk to El Mezquite Marketplace, Starbucks, and McDonald's. Priced for an investor ready to capture the upside on Albuquerque's most famous corridor.

9607 Central Avenue NW, Albuquerque

1325 Wellesley Drive SE, Albuquerque
$4,500,000
2 Beds ⋅ 3 Baths ⋅ 1111973 MLS ⋅ 21 DOM
The property is strategically positioned near two of New Mexico's largest employment anchors, Kirtland Air Force Base and Sandia National Laboratories, and the Max-Q development providing convenient access to thousands of jobs in defense, technology, engineering and research. The property also benefits from sitting on the eastern edge of the Puerta Del Sol Public golf course.With a start price of $4,500,000 the property is being marketed well below the 2023 appraisal of $5,490,000 using the BID process. With current average rents of $615 per unit, the metrics of investment performance include a 7.63 GRM, 8.35% cap rate, 9.06% cash on cash and an out of the universe IRR.Portions of the property have an affordable housing component, which may convey with the property.Property offering timeline:- 10/21/2026 - noon - Wednesday - property tour (RSVP for each person required)- 10/22/2026 - noon - Thursday - offer deadline.Qualified investors can RSVP for the tour and access the confidential document center.Do not miss out on this once on a generation opportunity to own a large, golf course fronting and affordable apartment investment.

1325 Wellesley Drive SE, Albuquerque

14018 Arcadia Road NE, Albuquerque
$790,000
1111828 MLS ⋅ 54 DOM
Check out this inviting home in Albuquerque! Featuring 6 well-appointed bedrooms and 5.5 baths, this property is a perfect retreat. The private pool and charming water feature complement the spacious outdoor living area, making it ideal for relaxation or summer barbecues. The 2-car garage, complete with workshop space, which could be easily converted to a 4 car garage, the workshop caters to all your hobbies. The gameroom, which has its own half bath, promises endless fun. Currently serving as a vacation rental and sold fully furnished, this home is a fantastic turnkey opportunity for anyone looking to invest or create a personal getaway. All furniture and personal property come with the home. Home is currently being operated as an AirBnB/VRBO. Single family home.

14018 Arcadia Road NE, Albuquerque

3434-3438 Thaxton Avenue SE, Albuquerque
$1,069,900
2 Beds ⋅ 1 Baths ⋅ 1111673 MLS ⋅ 17 DOM
On behalf of the owner, NM Apartment Advisors Inc. and Deacon Property Services are honored to bring to market this 8 unit portfolio in the Kirtland Korner / Knob Heights area. This is a unique opportunity to purchase a successful, established, nicely updated rental property - all with two bed- room / one bathroom layouts. The units on the end cap are slightly larger with additional walk-in pantry and interior storage space. All apartments also come with secured detached storage closetsand large private patios / yard spaces.Apartments have been revitalized with updated fixtures and finishes, new flooring, safety and security updates, & fresh paint inside and out. All apartments also offer new stacked washer / dryers in the apartments.Located adjacent to the Knob Heights community garden and 1 block away from Puerta Del Sol Golf course, swimming pool, the Source-One Community Center, and all of the parks in the Hyder Park /Edge Crest / Ridge Crest area.

3434-3438 Thaxton Avenue SE, Albuquerque

2632 Dakota Street NE, Albuquerque
$1,250,000
6 Beds ⋅ 3 Baths ⋅ 1111572 MLS ⋅ 33 DOM
Appropriate for owner/occupant, one unit has an extra family room with fireplace and approx 1200sf.This unique property is actually 2 fourplexes that are attached, but there are 2 lots under it, 2 UPC and 2 legal desc. This makes it possible to finance as 2 fourplex units for favorable terms. But this will only be sold as a single property. Ask questions if you're not sure how it all works. Wonderfully designed and constructed brick and pitched roof building has been well maintained. These are highly desirable apartment homes in a super convenient location. Most units are 925 sq ft with vaulted ceilings make them feel even larger. Private patios and yards. Carport for each unit plus a large storage room per each. Many units are recently refurbished with vinyl planking and tile. Please note that occupied units will only be shown with an accepted offer. Laundry room on site is not in service.

2632 Dakota Street NE, Albuquerque

400 63rd Street NW, Albuquerque
$295,000
4 Beds ⋅ 2 Baths ⋅ 1111403 MLS ⋅ 36 DOM
Investor opportunity in Albuquerque! Welcome to 400 63rd St NW, a well-maintained duplex offering strong cash flow and major system upgrades already completed. Built in 1950, this property features two separate units, each with 2 bedrooms, 1 bathroom, and approximately 980 sq ft of living space.Recent improvements include a newer TPO roof, updated AC units, electrical upgrades, new water heaters, and replaced sewer lines, providing peace of mind for years to come. Both units are currently rented, producing a combined monthly income of $2,300, making this an ideal option for investors seeking a turnkey rental property.Conveniently located in NW Albuquerque, this income-producing duplex offers steady rental demand and long-term potential.

400 63rd Street NW, Albuquerque

142 55th Street SW Unit A & B, Albuquerque
$230,000
3 Beds ⋅ 2 Baths ⋅ 1111391 MLS ⋅ 30 DOM
INVESTMENT OPPORTUNITY IN SW ALBUQUERQUE! This well-positioned duplex offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. The property features two separate units within one building, with both units currently occupied and professionally managed by a property management company.One unit is a 2-bedroom, 1-bathroom residence that has been updated and includes washer and dryer hookups. The second unit is a 1-bedroom residence, providing additional rental income and flexibility for an investor. The property also features a pitched roof.Located in Southwest Albuquerque, the property offers convenient access to area amenities, shopping, dining, schools, and major roadways. With both units currently occupied and property management already in place, this duplex provides an opportunity for an investor seeking an established rental property with existing tenants and professional management.

142 55th Street SW Unit A & B, Albuquerque

7524 2nd Street NW, Albuquerque
$947,250
5 Beds ⋅ 5 Baths ⋅ 1111323 MLS ⋅ 36 DOM
On behalf of the Owner, Deacon Property Services and NM Apartment Advisors are excited to bring to market a private compound style apartment community located in the Albuquerque's north valley. Spread across three buildings, these 12 unique units are located across the street from the new 2nd street lenticular park and a few blocks from the Rio Grande River and its Bosque Forest and nature trails.This is a rare opportunity to own a true value-add apartment compound with so much potential in such a unique area. Reap the benefits of significant recent modernization and property improvements, then continue updating the property with your vision on your timeline to maximize upside. A 3/4 acre lot also offers potential for adding additional units and cool common area amenities. Current unit mix features five studios, six 1-bedrooms, and one 2-bedroom apartment. All apartments are unique with some modern updates and cool / classic character touches. Residents love the ample parking, the thermal windows, the soft-gated compound atmosphere, the rural north valley setting, and the proximity to the Rio Grande Bosque and I-25. The property is also conveniently located 1.5 miles south of Paseo Del Norte (Highway 423 - a major east/west thoroughfare in northern Albuquerque), less than a quarter-mile from a public library, and nearby other local retail, stores, restaurants, and breweries.

7524 2nd Street NW, Albuquerque

12209 Eric Court NE, Albuquerque
$594,900
6 Beds ⋅ 3 Baths ⋅ 1111272 MLS ⋅ 39 DOM
Fantastic opportunity on this hard to find updated 4-plex nestled on a cul-de-sac in the desirable NE Heights near Candelaria x Tramway! All four units are 2 bedroom/1 bathroom and Washer & Dryer ready. Over $115K invested in this gem!Outside:- New roof & HVAC (all units) in August 2024,- Fresh Zeroscaped landscaping for little to no maintenance.Inside:- Unit A is completely renovated a new kitchen, bathroom, flooring, texture/paint and lighting: A perfect set-up for an Owner-Occupied or a STR/MTR with rental comps in this exact area at $2000/month.- Unit D was just renovated with a new bathroom, new windows, and more. This unit should fetch a nice rent amount as a LTR or is perfect for an owner-occupant too that chooses to STR/MTR unit A for more income. It's not an exaggeration to live rent-free in unit D and have the other units contribute an estimated $4,200 monthly while your property appreciates!This property is priced to sell fast compared to other nearby 4-plex's given the many upgrades and improvements! This property offers a great ROI with market rents between $1250/unit for LTR ($5K/month) and $2000/unit for STR/MTR ($8K/month).More on seller financing:Owner believes that seller-financing is a great opportunity for both the seller and the buyer and has a strong preference towards any offers that are seller-financed and a stronger preference towards owner-occupied seller financing. Financing terms are negotiable, but starting terms are 7.25% on a 30-year amortization schedule, 5 yr Balloon, with minimum 12% down and 20% preferred!Call today for more details on this incredible deal.

12209 Eric Court NE, Albuquerque

4600 Zuni Road SE, Albuquerque
$764,977
3 Beds ⋅ 2 Baths ⋅ 1111038 MLS ⋅ 33 DOM
On behalf of the Owner, Deacon Property Services and NM Apartment Advisors are excited to bring to market a unique, classic Ridgecrest 7-unit apartment complex with significant value add potential.All units are separately metered for gas and electric and have been partially updated over the years - some with more complete modern features and others more vintage. All units offer delightful spacious patio / front porch entries with a variety of quality features - like built-ins, hardwood floors, updated and open kitchens, spacious living areas, and great off-street parking options.The next owner can choose from an assortment of low-hanging value-add options for each unique apartment and the overall community to push rents to top market levels. Investors are encouraged to consider such a product with a collaboration with the Ventana Fund(see term sheet on page 5 of the flyer) for New Mexico's most competitive financing options for multi-family acquisitions and rehabilitation projects.This unique compound features two triplexes + a casita. Each triplex offers two spacious 1 bedroom apartments and one larger 2-bedroom apartment. The two bedrooms apartments each include a sizeable backyard and washer / Dryer in unit. The property also boasts an additional standalone / spacious 1 bedroom casita with a separate private yard. Located in an Excellent Ridgecrest location on a quiet block close to Nob Hill, Highland Pool, and great parks.

4600 Zuni Road SE, Albuquerque

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