Albuquerque NM Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- 3,064
- Status:
- Active
- Beds:
- 1
- Lot size:
- 0.18 Acres
- Year built:
- 1972
- Baths:
- 1.00
- MLS#:
- 1074053
- Subdivision:
- SNOW HEIGHTS
View additional info
Courtesy: Realty One of New Mexico
505-883-9400
505-417-3377
ADDITIONAL INFORMATION
Investor Special in Northeast HeightsThis 4-plex is packed with potential and ready for your upgrades! Located in a high-demand area, each unit features private entrances, ample parking, and unbeatable proximity to schools, parks, and shopping. While it needs work, each unit is vacant and ready for savvy investors to modernize and maximize rental income! Don't miss this rare value-add opportunity in a prime location--schedule your showing today!
- Type:
- Fourplex
- Sq.Ft.:
- 3,792
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.18 Acres
- Year built:
- 1976
- Baths:
- 1.00
- MLS#:
- 1073311
- Subdivision:
- Grandview Heights
View additional info
Courtesy: Re/Max Alliance, REALTORS
505-298-9999
505-239-1500
ADDITIONAL INFORMATION
This is a 4 Plex with Large Units approaching 1000 sf each. There are Fireplaces in each Unit, tiled floors at kitchen, baths & laundry room, Each unit also has a storage room to use. In addition there is a stand alone Garage of approx. 240sf in the alleyway that can have multiple uses by a new owner ( larger storage areas for extra rent? Onsite Owner use or One tenant lease for use as a garage for their expensive car? ) The Roof was replaced in 2023 and the heating and evaporative cooling equipment has been changed out in recent years. Each Unit allows for a full Size Washer and Dryer.Cap rate is 6% if rents are at minimum market rent. APOD with Cap rate calculations are in Listing Documents.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.19 Acres
- Year built:
- 1977
- Baths:
- 1.00
- MLS#:
- 1066388
View additional info
Courtesy: Rose Hansen Realty
505-293-5267
505-294-0429
ADDITIONAL INFORMATION
Each unit boasts its own private courtyard and convenient washer/dryer hookups. Located close to shopping centers, freeway access, and an array of restaurants, this property offers both convenience and charm. Whether you're looking to invest or find a new place to call home, this four-plex is a must-see opportunity in a prime location. Don't miss out on this rare find!
- Type:
- Fourplex
- Sq.Ft.:
- 3,152
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.27 Acres
- Year built:
- 1979
- Baths:
- 1.00
- MLS#:
- 1060957
- Subdivision:
- Panorama Heights
View additional info
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
505-440-8633
ADDITIONAL INFORMATION
own a Far North East Heights, large corner-lot, owner occupant style fourplex. Potential uses for the extra land include a small casita, RV Storage, dog run, community garden, a wood/workshop and so much more.Units A & B have separate back yard spaces and all units have a separate storage unit. Community coin operated laundry is adjacent to the common gathering. The evaporative coolers were replaced 2021 and all furnaces are relatively new. Full inspection reports available to qualified buyers.
- Type:
- Triplex
- Sq.Ft.:
- 3,107
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.19 Acres
- Year built:
- 1977
- Baths:
- 2.00
- MLS#:
- 1053809
- Subdivision:
- Brentwoods Hills
View additional info
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
505-440-8633
ADDITIONAL INFORMATION
Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service Inc., a wholly owned subsidiary of the Greater Albuquerque Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Southwest Multiple Listing Service, Inc.
Albuquerque Real Estate
The median home value in Albuquerque, NM is $308,100. This is higher than the county median home value of $297,600. The national median home value is $338,100. The average price of homes sold in Albuquerque, NM is $308,100. Approximately 56.14% of Albuquerque homes are owned, compared to 37.24% rented, while 6.62% are vacant. Albuquerque real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albuquerque real estate agent to arrange a tour today!
Albuquerque, New Mexico 87112 has a population of 562,336. Albuquerque 87112 is more family-centric than the surrounding county with 26.99% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Albuquerque, New Mexico 87112 is $56,366. The median household income for the surrounding county is $56,920 compared to the national median of $69,021. The median age of people living in Albuquerque 87112 is 37.5 years.
Albuquerque Weather
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 11.1 inches per year, with 10.6 inches of snow per year.