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$750,000
6 Beds ⋅ 4 Baths ⋅ 1109662 MLS ⋅ 41 DOM
Sweet updated house with 3 other units on the property, in highly rentable Silver Hills neighborhood, sandwiched between UNM & CNM, & walkable to both. Always fully rented. Numerous energy-efficient/Green features include mini-splits for heating/cooling in all units, mini-split ceiling cassettes in 2-Story complex, on-demand hot water in some units & electric in others, no gas, updated electric ('23), 3 units have TPO roofing systems. The 2-bedroom adobe front house is ~986sqft & rents for $1250; the newer-built duplex, built in '22, is ~800sqft total--each studio rents for $900; & the newly-built--in '24--the 2-story 2-bedroom stand-alone casita with a great balcony, is 1100sqft (including laundry room) & rents for $1500. All units are rented fully furnished. Total monthly income is $4550. All have access to secure shared laundry room. All have new appliances from '22 & newer. Bonus: two basement rooms provide ~200sqft of extra storage space. Plenty of off-street parking: 2-3 spaces tandem in front & 5 off-street spaces in back. See the (3) three 3D Tours for the condition & layout of the units & property. Live in one unit & more than pay the mortgage with the other three. Owner will consider a Real Estate Contract. Inspection with accepted offer. Please do not disturb tenants. Thx.

2109 Gold Avenue SE, Albuquerque
$331,592
1 Beds ⋅ 1 Baths ⋅ 1109654 MLS ⋅ 41 DOM
This well-maintained, charming courtyard-style triplex offers a unique combination of residential character, walkability and investment upside. Mature landscaping, brick walkways and an inviting shared colonnade courtyard give the property a warm residential feel, while off-street parking and private patio space add convenience and privacy.Solatube tubular skylights bring abundant natural light into the residences, creating bright and welcoming interiors. The property also offers dedicated buried tool and storage areas, providing additional secure storage for owner use.The owner has made a number of recent improvements, including a new roof in 2022, new driveways and sidewalks in 2024, and interior renovations.Apartment 533 #6 has been fully renovated and includes a dedicated laundry room with a built-in clothing rack. Additional units offer varying laundry amenities, including washer and washer/dryer hookups.From an investment perspective, there is meaningful room for continued income growth. Current rents average approximately $825, compared with projected market rents of approximately $975, providing an opportunity to increase revenue as rents move toward market.With a start price of $331,592, the property currently offers an 11.16 GRM and 6.11% cap rate, with additional upside as rents are brought closer to market.The owner also owns the adjoining property at 537 Valencia SE, creating an opportunity for a buyer interested in expanding their investment beyond this triplex.Residents are within walking distance of parks, restaurants and retail while enjoying the character and privacy of an established neighborhood.This is the type of property that feels more like housing than apartments--a quality many residents value and one that helps distinguish it from more traditional multifamily properties.Don't miss this opportunity to acquire a distinctive Albuquerque triplex with existing income, recent capital improvements and a clear path for future rent growth.

533 Valencia Drive SE, Albuquerque
$199,000
3 Beds ⋅ 2 Baths ⋅ 1109606 MLS ⋅ 28 DOM
Unlock the potential in this versatile duplex. Live in one unit while renting the other or rent both out to maximize your income potential! Unit A has 2 bedrooms plus bonus room for an office/hobby room and full bath. Beautiful tall ceilings with vigas, original wood floors, and fireplace in the spacious living/dining area. Unit B has one bedroom, living/dining and bath. With plenty of space and possibilities, along with side yard access and parking, this property is ready for your vision and personal touches. A great opportunity for a homeowner, investor, or handy buyer looking for a property with upside potential. Bring your creativity and transform this diamond in the rough into something truly special!

300 63rd Street NW, Albuquerque
$425,155
7 Beds ⋅ 4 Baths ⋅ 1109537 MLS ⋅ 41 DOM
The property is strategically positioned near two of New Mexico's largest employment anchors, Kirtland Air Force Base and Sandia National Laboratories, providing convenient access to thousands of jobs in defense, technology, engineering and research. The area also benefits from proximity to Central Avenue, Interstate 40, Uptown Albuquerque, shopping, restaurantsand public transportation. Albuquerque continues to experience significant public and private investment, with expansion from Netflix, Meta, Intel, Amazon and other major employers strengthening the metro's economy and supporting continued housing demand. Priced below the market average for comparable fourplex sales, 217 General Stilwell offers investors an attractive basis, strongemployment fundamentals and long-term potential for appreciation and rent growth. Don't miss this opportunity to acquire a well-positioned multifamily investment in one of Albuquerque's established rental corridors. With a start price of $425,155 and an average rent of $918 the metrics of investment performance are a GRM 9.65, 7.28% caprate, IRR after tax 14.5%. This is the type of property that feels more like housing than apartments -- a feature many residents value.

217 General Stilwell Street NE, Albuquerque
$339,000
3 Beds ⋅ 3 Baths ⋅ 1109483 MLS ⋅ 22 DOM
Investor special in central Albuquerque! This versatile property offers strong potential for pad-split or rental income with multiple living areas and easy access to UNM, downtown, and I-25. Solid structure ready for updates--ideal for cash buyers or value-add investors seeking high ROI. Large lot with off-street parking and room for outdoor amenities. Great opportunity to create affordable housing or a profitable shared-living setup. Priced to move--don't miss this one!

427 Odelia Road NE, Albuquerque
$500,000
2 Beds ⋅ 4 Baths ⋅ 1109481 MLS ⋅ 29 DOM
**Calling all investors!** This 4-plex is a great opportunity to add to your portfolio. The property is **fully rented** and features newer coolers, a roof approximately 2 years old, and windows approximately 2 years old. Units feature a combination of tile and carpet flooring. Convenient location with easy freeway access and close to Sprouts & Smith's grocery, Michael's (hobby & home decor), movie theaters, Singing Arrow Community Center, coffee shops, shopping, and retail. A great opportunity for a first-time investor or an experienced investor looking to expand their portfolio. **Showings are available after an accepted offer only.**

12704 Dunes Road SE, Albuquerque
$999,565
6 Beds ⋅ 3 Baths ⋅ 1109470 MLS ⋅ 24 DOM
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market this opportunity to purchase this 10-plex with two bedroom, one bathroom units. The property includes two fourplexes and one duplex.The prior owner remodeled the property with new soffits, new windows, synthetic stucco, new solid laminate flooring, updated lighting, updated electrical, as well as replacing some of the hot water heaters, and new central forced air furnaces.This 10-plex is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Face-book, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation and rent growth.

1104 Palomas Drive SE, Albuquerque
$389,160
8 Beds ⋅ 4 Baths ⋅ 1109467 MLS ⋅ 24 DOM
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market such a well-priced, updated 4-plex with sizeable two bedroom, one bathroom units and secured courtyard entry.Recent building modernization includes: new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers, new evaporative cool-ers, updated electrical, wrought iron security fencing, updated toilets, as well as more recent updates to some of the mechanical systems on the property.Exceptional and very rare opportunity for such a well-updated 4-plex priced with an 8 Cap and nearly a 10% cash on cash return for an owner occupant or a 7.2Cap for an investor with professional property management.

512 Mesilla Street SE, Albuquerque
$255,000
2 Beds ⋅ 1 Baths ⋅ 1109419 MLS ⋅ 25 DOM
Major fixer-upper opportunity. The property is in poor condition and cited as substandard with the city not safe to enter. The property will require extensive repairs and updates throughout, including but not limited to roof, plumbing, flooring, paint, and water damage remediation. Not move-in ready. Property is being sold as-is, with no repairs by seller.

336 Rhode Island Street NE, Albuquerque
$695,000
9 Beds ⋅ 5 Baths ⋅ 1109351 MLS ⋅ 32 DOM
Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.

301 Graceland Drive SE, Albuquerque
$449,900
8 Beds ⋅ 4 Baths ⋅ 1109343 MLS ⋅ 24 DOM
This is a great opportunity to add four unique cash flowing log cabin units to your investment portfolio!Both buildings have been updated, including newer refrigerated air conditioning and forced air heating, windows, roofing, electrical, countertops, toilets and vanities in all units, and luxury vinyl plank flooring in the upstairs units. Do not disturb tenants - showings upon acceptable offer only.

1131 Louisiana Boulevard SE, Albuquerque
$275,000
1 Beds ⋅ 1 Baths ⋅ 1109233 MLS ⋅ 41 DOM
Both units are tenant occupied. Property tours will be held for pre-qualified buyers only on August 22nd and August 29th from 1-3 pm. Located just minutes from Downtown Albuquerque and Old Town, the property is within walking distance of Rio Grande Pool, Rio Grande Park, the ABQ BioPark Zoo and nearby neighborhood amenities. It also offers convenient bicycle access to Downtown, Old Town Plaza and the extensive trail system along the Bosque and Rio Grande.Offered at $275,000, or $137,500 per unit, the property provides an attractive entry point into Albuquerque's multifamily investment market. Current underwriting reflects a 6.19% cap rate, with projected rent growth providing additional upside.The property features two one bedroom/one bathroom units. The extra lot contains 0.1618 acres with alley access and space for additionalbuilding(s).Do not wait, apartments continue to show strong appreciation coupledwith high rent growth potential from all of the new Amazon, Facebook,Intel, and Netflix jobs entering the market.

1303-1305 Iron Avenue SW, Albuquerque
$625,000
14 Beds ⋅ 8 Baths ⋅ 1109165 MLS ⋅ 35 DOM
Exceptional multifamily investment opportunity featuring a 10-unit apartment building with a desirable unit mix of (8) two-bedroom, one-bath units and (2) one-bedroom, one-bath units. This income-producing property offers multiple rental streams, strong tenant appeal, and an excellent opportunity for investors seeking to expand their portfolio with a well-positioned multifamily asset. Ideally located in Albuquerque's Southeast Heights, the property provides convenient access to major roadways, Kirtland Air Force Base, the University of New Mexico, Expo New Mexico, shopping, dining, and everyday amenities. The combination of location, unit diversity, and long-term value potential makes this an attractive investment opportunity. To minimize disruption to tenants, showings will be scheduled only after an accepted offer is in place. Contact the listing broker for additional information, including the rent roll, financial details, and property specifics.

225 Virginia Street SE, Albuquerque
$797,000
5 Beds ⋅ 6 Baths ⋅ 1109166 MLS ⋅ 29 DOM
Gorgeous Historic Bungalow 2 story + 3 rental units in the heart of Downtown ABQ! The 2120SF Main home offers Old World Charm with Modern-day Conveniences including an updated Dream kitchen with custom cabinets, SS appliances, granite and a huge island! Enter thru the sunny foyer to find an open concept with soaring ceilings, custom fireplace, 2 primary suites (1 up & 1 down) a half bath with laundry and a bonus office/loft space! There is also a basement with 2 more huge bonus rooms for the main home and separate room with laundry for the rentals. The 3 cozy 1 bd 1 ba apartments include one attached to the main house and 2 in the back unit. The inviting outdoor spaces offer beautiful grounds with lots of garden areas and multiple decks with views of the downtown skyline! There is a one car garage and gated off street parking for 2 cars plus a bonus studio! This amazing property could be a perfect owner occupied investment opportunity or rent all 4! This is a solid investment property in a sought after location close to Downtown business, dining and entertainment!

907 Silver Avenue SW, Albuquerque
$360,000
5 Beds ⋅ 2 Baths ⋅ 1109136 MLS ⋅ 31 DOM
Great MULTI-GENERATIONAL LIVING or INVESTMENT OPPORTUNITY! This versatile North Valley property features two attached residences with separate entrances, each separately metered for gas and electric. The front residence offers 2 bedrooms, 1 full bath, and beautiful wood floors. The rear residence features 3 bedrooms, 1 bath, and a large living area. A large gated side yard provides backyard access and additional outdoor space. Ideal for multi-generational living, an investment property, or the opportunity to live in one residence while renting the other. Renovated in 2021, including a new roof, electrical updates, flooring, and many more updates! Conveniently located with easy access to Downtown Albuquerque, shopping, dining, and other North Valley amenities.

5201 Grande Drive NW, Albuquerque
$265,999
4 Beds ⋅ 2 Baths ⋅ 1109078 MLS ⋅ 33 DOM
Great investment opportunity! This duplex offers the potential for rental income and long-term investment value. Each unit features 2 bedrooms and 1 bathroom, along with tile flooring throughout. A solid opportunity for an investor looking to add a duplex to their portfolio or an owner-occupant seeking additional rental income.

425 Grove Street SE, Albuquerque
$625,000
7 Beds ⋅ 4 Baths ⋅ 1109057 MLS ⋅ 30 DOM
Incredible investment opportunity in the NE Heights! All 3 units have a strong rental history. This property has been beautifully maintained, with a New TPO Roof (2024) and each unit has been kept turn-key with paint, flooring, etc. Each unit updated in 2026 with flooring, paint, refinished cabinets, etc. Each unit features a fireplace and the large Owner's Unit showcases THREE bedrooms, 2 baths and a 2-car garage. With incredible city & mountain views, this one is waiting for a new owner and is not to be missed.

2905 Palo Verde Drive NE, Albuquerque
$250,000
3 Beds ⋅ 3 Baths ⋅ 1108952 MLS ⋅ 16 DOM
Great 3-unit investment opportunity conveniently located between UNM and downtown! These three detached units all sit on the same compound and are fully rented. Each unit is separately metered for gas and electric which the tenants pay on their own. The property is zoned MX-M, opening it up to even more possibilities. Right now it is a plug-and-play, easy-peasy income producing property. Please be kind and don't disturb the happy tenants.

320 Rosemont Avenue NE, Albuquerque
$260,000
4 Beds ⋅ 2 Baths ⋅ 1108934 MLS ⋅ 9 DOM
This is what you've been waiting for! 2 units - 2 bedroom/1 bath in each! Both have washer/dryer connections-1 has a washer/dryer, both have parking. The back property has a large covered space for entertaining / parking --whatever you'd like. It's an incredible opportunity! Note: there is a washer/dryer in only back unit.

1646 Ferris Avenue SW, Albuquerque
$1,424,506
5 Beds ⋅ 3 Baths ⋅ 1108861 MLS ⋅ 32 DOM
Metrics of investment performance at the ask price of $1,424,506 include a price per sf of $129, a price per unit of $118,709, and with current rents at $1,134 per month, it generates a GRM of 8.73, a cap rate after reserves of 6.86% and an after tax IRR of 15.10%.804 & 808 Ortiz SE both feature two-story town home style apartments, which are separately metered for gas and electric and come with bonus, updated detached storage closets. All apartments offer pragmatic floor plans that are significantly larger than other 2 bedrooms in the submarket. Downstairs, residents enjoy spacious, multi-functional living areas, galley kitchens with all appliances (including dishwashers), separate utility rooms with full size washer / dryers, and private backyards & patio spaces. Upstairs, residents enjoy two bright private bedrooms, a full bath, and additional quality storage and built-in storage options. Secured access courtyard provides lots of additional, secured landscaped outdoor space for residents to enjoy. Many of the apartments have been completely renovated as well - with new appliances, new luxury vinyl plank & tile flooring, with new fixtures and finishes throughout. Meanwhile, 812 Ortiz offers an amazing and unique opportunity to own a true mission style hacienda-style compound. Tremendous value add opportunities abound with two 3 bed / 1.5 bath, 2-story floor plans and two 2 bed / 1 bath 2 story floor plans all spilling over into a gorgeous plaza style, shady courtyard oasis surrounded by balconies and patio spaces. This property also features secured, gated entry with lots of common and private outdoor spaces alike for year-round outdoor living opportunities. Apartments are also separately metered for gas and electric and offer separate utility rooms for full size washer/ dryers & and storage, with lots of unique custom features and updates throughout. This fourplex has also undergone significant interior and exterior upgrades. Some apartments have been fully updated and some have been partially updated and have much longer-term residents.Located on a vastly improved block with quick and easy access to parks, shopping, Nob Hill, I-40, Kirtland Air Force Base, and the new Albuquerque Community Services HeadquartersThis unique 12-unit compound is the rare offering of flexible, multi-generational living opportunities, a solid income generating community with further value add potential, and quality secure, townhome style housing in an improving neighborhood.

808 Ortiz Drive SE, Albuquerque
$725,000
6 Beds ⋅ 3 Baths ⋅ 1108831 MLS ⋅ 34 DOM
Charming single-family home compound in the heart of Albuquerque's North Downtown district offering an exceptional opportunity for both homeowners and savvy investors. . The property is ideally positioned within walking distance to parks, local restaurants, and retail, and just minutes from Old Town, Downtown, the medical corridor, and Albuquerque's expanding Rail Trail. Enjoy easy access to hundreds of miles of biking and hiking paths, plus close proximity to major employers including Netflix, Meta, Amazon, and Intel, making this location highly desirable.Recent renovations, new sewer and water line. The property has 4 free standing units quite tucked in location and lot potentially could support an ADU or Casita or 2nd unit.Please note, seller has a loan on this property at 313 McKnight NW (Units A, B and Main) and they need to sell that property prior to or at the same time as this residence.

313 McKnight Avenue NE Unit A,B,C,M, Albuquerque
$349,900
6 Beds ⋅ 4 Baths ⋅ 1108757 MLS ⋅ 41 DOM
Excellent investment opportunity! This well-maintained 4-plex offers a desirable unit mix with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing broad rental appeal. Major updates include a TPO roof with transferable warranty, newer fencing, and refreshed stucco surfaces for added curb appeal and peace of mind. Inside, all units feature easy-care flooring with no carpet and all-electric systems for simplified maintenance and repairs. Each unit includes a stove and refrigerator, with select units offering washer hookups for added tenant convenience. A fantastic opportunity to expand your portfolio with a property designed for long-term value and low-maintenance ownership.

211 Texas Street NE, Albuquerque
$289,000
2 Beds ⋅ 2 Baths ⋅ 1108732 MLS ⋅ 49 DOM
New price of $289,000! Investment opportunity with built-in income and exciting future flexibility. This updated two-unit property offers options to maintain as a fully occupied rental, potentially occupy one unit while renting the other as leases permit, or explore a future multigenerational living arrangement. The front studio is leased at $775 through 11/30/26, and the rear 2BR/1BA is rented month-to-month at $1,320, producing current gross income of $2,095/month. Recent improvements completed from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Gas and electric are separately metered and tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential additional tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD in docs, rent roll available. Buyers should independently confirm square footage, zoning and permitted use, financing eligibility, lease terms, parking configuration, and whether the property suits their intended use. Also listed as Residential, SWMLS #1108825.

1709 Walter Street SE, Albuquerque
$390,000
8 Beds ⋅ 4 Baths ⋅ 1107598 MLS ⋅ 20 DOM
This four-unit apartment building offers a strong investment opportunity with a 9.48% cap rate at full asking price. The property features three residential 2 bed, 1 bath units, and one residential 3 bed, 1 bath unit. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. The roof was replaced in December of 2025. Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow.

508 Indiana Street SE, Albuquerque
$449,900
2 Beds ⋅ 2 Baths ⋅ 1108634 MLS ⋅ 22 DOM
Fantastic investment opportunity just minutes from Historic Old Town! This duplex features two 1-bedroom, 1-bath units, including one beautifully renovated and one currently leased, offering immediate income with the flexibility to owner-occupy or lease the vacant unit. Situated on a spacious lot, the property also includes a detached rear structure with future potential for storage, workshop space, or other possibilities (buyer to verify). Conveniently located near Old Town, Downtown, museums, restaurants, breweries, parks, and major commuter routes. A rare chance to own a versatile income property in one of Albuquerque's most desirable locations.

1505 -1507 1/2 Marble Avenue NW, Albuquerque
$389,000
2 Beds ⋅ 1 Baths ⋅ 1108604 MLS ⋅ 7 DOM
Fully occupied fourplex offering four 1-bedroom, 1-bath units and approximately 3,044 square feet. Current scheduled rents total $3,800 per month, providing $45,600 in annual gross rental income. Three units are currently month-to-month, with the remaining lease running through August 31, 2026. Built in 1976 and conveniently located near shopping, dining, public transportation and major Albuquerque employment centers. An established income-producing opportunity with tenants already in place. Buyer to verify rental information, lease terms, expenses and measurements.

140 General Arnold Street NE Unit 1-4, Albuquerque
$704,000
3 Beds ⋅ 3 Baths ⋅ 1108552 MLS ⋅ 41 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 , catering to consistent rental demand in a high-occupancy submarket.This asset offers immediate and stable cash flow, operating at an 9.91% 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.The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep, resulting in solid operations and tenant stability

631 & 633 Mesilla Street SE, Albuquerque
$325,000
5 Beds ⋅ 4 Baths ⋅ 1108518 MLS ⋅ 38 DOM
4-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, necessity-driven demand, and tenant longevity. Current tenants are stable, long-term residents.

236 San Pablo Street NE, Albuquerque
$415,000
5 Beds ⋅ 3 Baths ⋅ 1108513 MLS ⋅ 42 DOM
Excellent investment opportunity! This well-maintained 4-plex at 209 General Stilwell NE generates $4,350/month in gross rental income. Unit mix includes three 2 bed/1 bath units and one 1 bed/1 bath unit. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.

209 General Stilwell Street NE, Albuquerque
$525,000
3 Beds ⋅ 2 Baths ⋅ 1108496 MLS ⋅ 39 DOM
Offered at $525,000, this well-maintained triplex features two spacious 2bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence includes a large kitchen and an in-unit washer and dryer, while the 1-bedroom unit also offers a dishwasher and cozy fireplace. This is an attractive investment opportunity with practical layouts and desirable amenities for tenants.

4013 Thaxton Avenue 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.