Albuquerque Real Estate Search

Albuquerque Properties between $450,000 and $500,000 for Sale

Our website features the best real estate search for between $450,000 and $500,000 properties available in Albuquerque and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Albuquerque Properties between $450,000 and $500,000 for Sale

$450,000
1 Beds 2 Baths 1104393 MLS
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring this quality University area eight-plex to market.This is an excellent opportunity to own a quality UNM Area 8 unit apartment complex. Fantastic central location just blocks to CNM, UNM, Presbyterian Hospital, I-25, Nob Hill, and Roosevelt Park. This unique compound offers fluid access from Lead and a clean / well-traveled alley to the south. Ample parking is right next to unit entries. The property consists of six studios in a 3 story building and two 1 bedroom apartments in a single story duplex. Buildings have been updated for energy efficiency and resident comfort. Located at 2104 Lead SE this eight unit community is property is walking distance to UNM and CNM, Smith's grocery store and dozens of restaurants, cafes, micro-breweries, & quality local retail--basically everything a young university student would need is close by!Start PriceThat start price is about the same as the average ABQ fourplex - metrics of investment performance at the ask price of $450,000 and with average rent at $750 include a price per sf of $169, a price per unit of $56,250, a GRM of 6.25, cap rate of 9.01% and an after-tax internal rate of return of 23.3%. If rents are raised to market average of $959, the measure of investment performance improve to a potential cap rate of 12.42%.BID Process/timelineThe property tour is noon on Tuesday, October 6th - register at (see flyer)(this also provide access to the confidential document center)Offer deadline is noon no Thursday, October 8th.

2104 Lead Avenue SE, Albuquerque

Listing courtesy of Todd D Clarke from NM Apartment Advisors, Inc.

$489,000
3 Beds 2 Baths 1102680 MLS
PRICE REDUCED! Immaculate Sanctuary in Glenwood Hills. Now offered at $489,000, this exceptional 3-bedroom, 2-bathroom home (complete with a full office/flex room and two distinct living areas) is nestled in the foothills of the beautiful Glenwood Hills Addition. Known for its exceptional safety, peaceful streets, and vibrant local wildlife, this property perfectly blends mountain-side serenity with modern city convenience. Rest easy knowing the heavy lifting is already done: the home features a newer roof and HVAC system with an upgraded electrical panel, both backed by transferrable warranties. The back yard includes a large shed with shelving and a gas grill to invite cookouts.Step inside to find immaculate hardwood floors, new tile, and absolutely no carpet. The interior has been freshly painted, and the classic stucco on the exterior was recently repaired and painted to perfection with a warranty. The kitchen features Corian counter tops and conveying appliances.While there is plenty of room to entertain inside you can also enjoy quiet mornings or cool evenings watching the local wildlife from your choice front or back covered porches. This premier location puts you right down the street from excellent schools, great shopping, a local dog park, and the area police station. Outdoor enthusiasts will love being just moments from premier hiking and biking at the Embudito Trailhead and Bear Canyon Open Space. Don't miss this rare, price reduced opportunity in one of Albuquerque's most desirable neighborhoods!

13012 Blackstone Road NE, Albuquerque

Listing courtesy of Susan G Williamson from Realty One of New Mexico

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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 Real Estate Company 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.