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201 San Pablo St Ne, Albuquerque
$239,000
1099969 MLS ⋅ 233 DOM
Spacious Investment Opportunity! This versatile 3-bedroom, 2-bathroom home features two distinct living areas and a large, functional kitchen. Currently generating $1,800/month on a flexible month-to-month agreement, this property also offers the highly sought-after benefit of backyard access. A perfect addition to any portfolio.

201 San Pablo St Ne, Albuquerque
2121 Eton Ave Se, Albuquerque
$400,000
1112744 MLS ⋅ 9 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 Ave Se, Albuquerque
3227 Duranes Rd Nw Unit N/A, Albuquerque
$499,000
1074738 MLS ⋅ 695 DOM
Discover 1.27 acres of agricultural-zoned land with access to an irrigation ditch - perfect for your dream home or hobby farm! Just 0.2 miles along the Duranes Trail to the Bosque, this property offers easy access to the stunning Rio Grande Bosque Trail, where Cottonwood trees, wildlife, and trails for biking and horseback riding abound. Enjoy the tranquility of being near the river without the worry—this lot is not in a flood zone, so no flood insurance is required. Ideal for a private retreat, horse property, or sustainable living, this slice of paradise is ready for your vision. Lots of options on this ''Sector Development Los Duranes Rural Agricultural Zone'' (SD-LD A-1) lot with over 1 acre of vacant land in the North Valley! See all the Documents for details.

3227 Duranes Rd Nw Unit N/A, Albuquerque
209 General Stilwell St Ne, Albuquerque
$415,000
1108513 MLS ⋅ 85 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 St Ne, Albuquerque
1200 W Wilmoore Dr Se, Albuquerque
$235,000
1112398 MLS ⋅ 15 DOM

1200 W Wilmoore Dr Se, Albuquerque
I-40 W Frontage Unit B, Albuquerque
$199,000
1108299 MLS ⋅ 89 DOM
3.69 acres of prime West Side land fronting the I-40 West Frontage Road, just off the same Atrisco Vista Blvd interchange (Exit 149) that serves Amazon's ABQ1 fulfillment center. one of the busiest east-west freight corridors in the Southwest, this active trade area has been building momentum for years with easy interstate access, room to grow, and accessible price points. The parcel sits inside a corridor that's already drawn major logistics investment and continues filling in with commercial activity, including a FedEx Freight terminal nearby. Property is being sold ''As Is.'' All utilities and zoning shall be independently verified by Buyer during the due diligence / inspection period. An ILR or Survey is not currently available and may need to be obtained through the Title Company during escrow. ****Owner financing not available****

I-40 W Frontage Unit B, Albuquerque
816 6th St Nw, Albuquerque
$370,000
1110516 MLS ⋅ 53 DOM
Income-producing triplex at 816 6th Street offering a 2-bedroom main house, 1-bedroom apartment, and studio. The main home features wood floors, a laundry room, refrigerated air, central forced-air heat, attic access, and separate gas and electric meters. The apartment offers hardwood floors, a functioning wall furnace, swamp cooler, window A/C, and its own water heater. The studio includes a functioning furnace and window A/C and shares gas and electric service with the apartment. Water is shared by all three units. Recent improvements include new roof overlay on the main house in May 2024, and exterior paint completed in March 2025. Backyard access and an exterior cleanout add convenience. A versatile residential income opportunity with multiple living spaces!

816 6th St Nw, Albuquerque
510 Mesilla St Se Unit 1-4, Albuquerque
$430,000
1109913 MLS ⋅ 62 DOM
Great opportunity for an investor looking to add a four-unit property to their portfolio. This multifamily property features four 2-bedroom, 1-bath units, each offering a practical floor plan and its own private patio. Each unit has one designated parking space, while the property also offers the convenience of private outdoor space for residents. Heating is provided by wall-unit heaters, with swamp coolers located on the roof for cooling. The property does not currently offer on-site laundry. The roof has been recently serviced, although its exact age is unknown. The units have not had recent updates, providing an investor with the opportunity to improve and modernize the property while potentially increasing rents and long-term value. A solid opportunity for an investor seeking a multifamily property with four separate income-producing units and potential upside through future improvements. Pet deposit: $250 pet fee non-refundable $30 pet monthly pet rent Rent amounts: -Unit A&D $960 -Unit B $979 & starting 9/1 $1009 -Unit C $979 plus pet rent $25 Late fee: 5% of rent Roofing proposal (work is completed, proposal attached): $6,075

510 Mesilla St Se Unit 1-4, Albuquerque
32nd St Sw Unit N/A, Albuquerque
$16,950
1110161 MLS ⋅ 58 DOM
Build your future in Rio Rancho with this vacant parcel offering endless possibilities. Enjoy the beauty of New Mexico's high desert with breathtaking sunsets, mountain views, and wide-open skies. Whether you're planning a custom home, holding land as an investment, or looking for a place to create your own retreat, this property provides the space and freedom to bring your vision to life. Conveniently located near growing residential development, shopping, dining, and everyday amenities while still maintaining a peaceful atmosphere. Don't miss this opportunity to own a piece of one of New Mexico's fastest-growing communities.

32nd St Sw Unit N/A, Albuquerque
L7b3u16 Margarita Dr Nw Unit 16, Albuquerque
$60,000
1098278 MLS ⋅ 257 DOM
!/4 Acre lot for sale on the west side of Albuquerque's Unit 16 of the Volcano Cliffs Subdivision. This is a fast-growing area with beautiful views of the Sandia Mountains. Please check with the City for all utility information. This is Raw land with No Utilities.

L7b3u16 Margarita Dr Nw Unit 16, Albuquerque
1612 Gold Ave Se, Albuquerque
$600,000
1101145 MLS ⋅ 204 DOM
Five units located near UNM and CNM do not disturb the tenants. Property can be shown with 48hrs notice and proof of funds

1612 Gold Ave Se, Albuquerque
Alamogordo Dr Nw Unit N/A, Albuquerque
$179,500
1098333 MLS ⋅ 256 DOM
Discover the perfect blend of natural beauty and city convenience with this expansive 0.29-acre property ideally located near the scenic New Mexico Bosque. Enjoy breathtaking views of the Sandia Mountains, where stunning sunrises and glowing sunsets create a picturesque backdrop year-round. Positioned in one of the metro's most desirable growth corridors, the property has prime accessibility- located minutes from established retail, restaurants, and I-40, ensuring strong connectivity and long-term desirability. Proximity to St. Pius X High School further enhances residential development appeal, while surrounding neighborhoods demonstrate proven buyer demand. Adding even more value to this growing area, a new indoor sports plex is planned nearby, enhancing recreational opportunities and future investment potential. All key utilities are readily accessible at the street, including electric, water, and sewer connections-streamlining future development and reducing upfront infrastructure costs. Additionally, Bernalillo County regulations permit the construction of an Accessory Dwelling Unit (ADU) on properties zoned R-1, creating added flexibility for supplemental living space, rental income potential, or multigenerational use. Come build your dream home today! MLS #1098335 is also available for sale.

Alamogordo Dr Nw Unit N/A, Albuquerque
Trisco Vist & I-40 Frontge Nw Unit A, Albuquerque
$99,000
1108289 MLS ⋅ 89 DOM
Prime West Side land fronting along I-40 Frontage Road, just after Atrisco Vista Blvd interchange (Exit 149) that serves Amazon's ABQ1 fulfillment center. one of the busiest east-west freight corridors in the Southwest, this active trade area has been building momentum for years with easy interstate access, room to grow, and accessible price points. The parcel sits inside a corridor that's already drawn major logistics investment and continues filling in with commercial activity, including a FedEx Freight terminal nearby. Property is being sold ''As Is.'' All utilities and zoning shall be independently verified by Buyer during the due diligence / inspection period. An ILR or Survey is not currently available and may need to be obtained through the Title Company during escrow. ****Owner financing not available****

Trisco Vist & I-40 Frontge Nw Unit A, Albuquerque
615 Iron Ave Sw, Albuquerque
$1,500,000
1102929 MLS ⋅ 176 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 Ave Sw, Albuquerque
58 Rock Point Pl Ne Unit 2, Albuquerque
$499,000
1095703 MLS ⋅ 317 DOM
Exceptional opportunity in Sandia Heights! This is the premier lot in the area, located furthest to the east, backs up to open space the trails and the Sandia Peak Trammway. This Lot offers unparalleled panoramic city views that stretch as far as the eye can see. With the majestic Sandia Mountains as your backdrop and direct access to the bordering national forest, this property is truly one-of-a-kind.

58 Rock Point Pl Ne Unit 2, Albuquerque
209 Texas St Ne, Albuquerque
$349,900
1104238 MLS ⋅ 155 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 St Ne, Albuquerque
212 An Maria Pl Sw Unit NA, Albuquerque
$100,000
1107253 MLS ⋅ 112 DOM
Rare Bosque-Adjacent Lot in Gated Community Don't miss your chance to own the last available lot backing directly to the Bosque in this sought-after gated community. Situated on a peaceful cul-de-sac, this oversized homesite offers gorgeous natural views framed by mature, oversized trees. Ready to build, the property includes an approved 2-story easement to accommodate existing building plans -- saving you time and simplifying your path to construction. With its premium location and rare Bosque frontage, this is a truly unique opportunity that won't last long.

212 An Maria Pl Sw Unit NA, Albuquerque
811 Brahma Ct Unit N/A, Albuquerque
$299,500
1111570 MLS ⋅ 32 DOM
Very nice lot in the Valley Farms area. Lots of Bigger Luxury homes built in this area !! Very private subdivision.

811 Brahma Ct Unit N/A, Albuquerque
1100 10th St Sw, Albuquerque
$199,000
1107819 MLS ⋅ 66 DOM
Unit 1100 & 1102 MUST be sold together with a full list price of $398,000. Both units are listed separately, it is a duplex being sold. Tenant occupied, no showings without a signed purchase agreement. Beautifully renovated duplex located in the heart of Albuquerque! This is the perfect opportunity for an owner-occupant looking to generate income while living in one unit, or for an investor seeking a turnkey rental property. Huge backyard with potential to build more units as well. Thoughtfully updated with new windows, blinds, flooring, fresh paint, modern appliances, bathroom vanities and toilets, this property offers both style and functionality. Unit 1102 has been fully remodeled with contemporary finishes, while Unit 1100, roughly 4 years ago had the same update, feels just like new and is equally inviting. BRAND new TPO roof!

1100 10th St Sw, Albuquerque
Eagle Ranch Rd Nw Unit N/A, Albuquerque
$1,500,000
1087855 MLS ⋅ 471 DOM
Located in a high-visibility area near Costco and Cottonwood Mall, this vacant parcel offers a golden opportunity for investors and entrepreneurs. Ideal for building storage units, a car wash, or other commercial developments, with easy access to major roads and utilities nearby. Surrounded by new growth and established businesses, this lot is perfectly positioned to capitalize on Albuquerque's expanding northwest corridor. Don't miss your chance to build your vision from the ground up in one of the city's most promising commercial zones!

Eagle Ranch Rd Nw Unit N/A, Albuquerque
1321 15th St Nw, Albuquerque
$950,000
1104437 MLS ⋅ 19 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 St Nw, Albuquerque
632 Alcazar St Se, Albuquerque
$420,000
1110499 MLS ⋅ 53 DOM
4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income. 630 Alcazar St SE is also for sale and can be bought together.

632 Alcazar St Se, Albuquerque
Valiente Nw Unit 16, Albuquerque
$58,000
1096789 MLS ⋅ 286 DOM
Raw undeveloped land. Currently no utilities. Property is in the growth path, near custom homes, schools, shopping, and dining.

Valiente Nw Unit 16, Albuquerque
414 Pine St Se, Albuquerque
$850,000
1111607 MLS ⋅ 31 DOM
8-unit multifamily investment opportunity in one of Albuquerque's most consistently in-demand rental submarkets. Very close proximity to the University of New Mexico, CNM, and hospitals. Two separate 4-unit buildings on one lot, offering flexibility for phased renovation. Unit mix: two large 1BR/1BA, one 2BR/1BA, and five oversized studios. Ample off street parking, a rarity in this submarket. Proximity to UNM keeps occupancy resilient.

414 Pine St Se, Albuquerque
609-641 Mesilla St Se, Albuquerque
$4,989,000
1110504 MLS ⋅ 54 DOM
Exceptional opportunity to acquire a 57-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 9,41% 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 in come and reducing collection risk. The property has been well maintained by hands-on local owner who has taken pride in management and up keep, resulting in solid operations and tenant stability. Investment Highlights: 57 total units (1BR/1BA & 2BR/1BA mix) Strong cap rate with in-place income. Voucher-backed tenants providing consistent revenue. Well-maintained asset with pride of ownership Located in a high-demand workforce housing area. This is a rare opportunity to acquire a cash-flowing multifamily asset with scale, stability, and flexibility in Albuquerque.

609-641 Mesilla St Se, Albuquerque
533 Valencia Dr Se, Albuquerque
$331,592
1109654 MLS ⋅ 68 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 Dr Se, Albuquerque
622 Jefferson St Ne, Albuquerque
$760,000
1110082 MLS ⋅ 60 DOM
4Plex!! A super rare opportunity in the heart of Albuquerque's Near Heights, desirable neighborhood, a fully renovated fourplex that's nothing short of spectacular! At its core is the main home in every sense: 3 bedrooms, 2 baths and more than 1,200 square feet of beautifully finished space, opening to a courtyard shaded by a mature tree, wrapped in warm cedar fencing for those Duke City evenings. Three additional units join it on the same property, each unit fully renovated top to bottom. Nothing here was left half-finished, no deferred maintenance, no projects waiting, nothing to do, truly a turn the key setup. Two of the units are fully furnished and have been operated successfully as short-term rentals (AirBnB), giving this property a flexibility others do not have. Either continue that concept of STR or change to MTR (mid-term) concept. The travel nurse market is abundant, especially with University of NM Hospital just down the street. Or simply convert the entire property into traditional long-term leases. Here's an idea, live in one of the units and let the other three units help carry the mortgage, or lastly lease all four and let it work entirely on its own! Either way you are minutes from Nob Hill's restaurants and shops, Uptown's retail and offices, and immediate access to I-40, an established tree-lined pocket of the city that puts the whole metro within a short drive and keeps the hospitals, the university and the national labs close at hand. A great opportunity for a 1031 Exchange, a turn-key Income-producing property from the start and genuinely 'move-in' ready. A true home, income handshake and a location like this rarely arrive in one package! See attached PDF Offer Memorandum for many more specific details.

622 Jefferson St Ne, Albuquerque
1024 Alvarado Dr Se Unit APT 6, Albuquerque
$1,660,470
1104005 MLS ⋅ 19 DOM
*Property is being sold as a package with 1008 Alvarado Dr. SE* Offered at $3,400,000 ($79,070/unit), this 43-unit multifamily investment presents a compelling value-add opportunity with a 5.89% acquisition cap rate and a projected 6.42% pro forma cap rate. The property was 100% occupied as of March 2026 and features in-place rents estimated to be approximately 14% below market, providing meaningful revenue upside. Recent interior renovations have been completed throughout the majority of units, reducing near-term capital needs. Located within Albuquerque's established Southeast submarket, the property benefits from proximity to Kirtland Air Force Base, major employment centers, and convenient I-25 access. Seller financing is available.

1024 Alvarado Dr Se Unit APT 6, Albuquerque
3102 Rosendo Garcia Rd Sw, Albuquerque
$499,999
1103768 MLS ⋅ 96 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 Rd Sw, Albuquerque
6720 Ciervo Rd Nw Unit 17, Albuquerque
$75,000
1108830 MLS ⋅ 81 DOM
MX-L Zoning. Mixed Use. This Lot is Surrounded by Developments of New Homes, Businesses and Schools.

6720 Ciervo Rd Nw Unit 17, Albuquerque

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.

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