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$379,900
6 Beds ⋅ 3 Baths ⋅ 1106771 MLS
Strong investment opportunity in a desirable rental corridor just a 10-minute drive to UNM and Nob Hill. This property features 2-bedroom, 1-bathroom units that are individually metered for gas and electric, helping support efficient tenant utility management. The property shares a courtyard with 538 Ortiz (MLS# 1106770) , creating potential for a combined acquisition and stronger portfolio presence. The seller prefers to sell both properties together. Please do not disturb tenants. Showings are subject to an accepted offer.

540 Ortiz Drive SE, Albuquerque

Listing courtesy of Fortunata Civerolo from Southwest Property Exchange
$379,900
6 Beds ⋅ 3 Baths ⋅ 1106770 MLS
Strong investment opportunity in a desirable rental corridor just a 10-minute drive to UNM and Nob Hill. This property features 2-bedroom, 1-bathroom units that are individually metered for gas and electric, helping support efficient tenant utility management. The property shares a courtyard with 540 Ortiz (MLS# 1106771), creating potential for a combined acquisition and stronger portfolio presence. The seller prefers to sell both properties together. Please do not disturb tenants. Showings are subject to an accepted offer.

538 Ortiz Drive SE, Albuquerque

Listing courtesy of Fortunata Civerolo from Southwest Property Exchange
$410,000
6 Beds ⋅ 4 Baths ⋅ 1106390 MLS
Duplex has been updated in 2016 for low maintenance (tile and/or laminated flooring), and is popular with subsidized housing tenants due to the 3bed 1.5ba floor plan in each unit. A converted, unwarranted 'bonus' garage space is also housing an additional tenant which may be convenient for the owner as a maintenance occupancy unit. Approximately 10%-11% cap rate. Within immediate vicinity of the airport and close to the upcoming MaxQ development and Kirtland AFB Carlisle Gate. Also close to UNM, Central dining, restaurants, and shopping and to Nob Hill as well. Also equipped with low maintenance durable mastercool units, 2020 roof replacement, and brick construction exterior walls.

3513 Crest Avenue SE, Albuquerque

Listing courtesy of Gene Gardner Della Maggiora from Coldwell Banker Legacy
$1,299,000
6 Beds ⋅ 5 Baths ⋅ 1106265 MLS
Set in a premium hillside lot in the Sandia foothills, this thoughtfully reimagined contemporary rebuild backs to the Sandias while opening to expansive west-facing city-light and sunset views. Multi-level indoor-outdoor living connects a main kitchen with a large island to sunlit living areas, Sandia-facing balconies, terraces, deck, covered patio, and an in-ground pool with automatic cover. Two separate living areas with private entrances, including attached living quarters with kitchen, support multi-generational living, guests, office, or extended living use. Modern finishes, abundant natural light, on a previously developed homesite add context to the rebuild. Close to Embudo and Copper Trailheads, Sandia Foothills Open Space, Tramway, and easy to I-40.

1136 Turner Drive NE, Albuquerque

Listing courtesy of Venturi Realty Group from Real Broker, LLC
$1,190,000
14 Beds ⋅ 14 Baths ⋅ 1105932 MLS
Exceptional opportunity to acquire a 14-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 7.70% 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.

613 Mesilla Street SE, Albuquerque

Listing courtesy of Trey W. Whaley from Trinity Apartment Company LLC
$775,000
7 Beds ⋅ 3 Baths ⋅ 1105785 MLS
Welcome home to this spacious and beautifully designed seven-bedroom home offering room for everyone and everything. There are 2 primary suites, one up and one down. Large closets throughout & featuring three full bathrooms, two living areas, formal dining room and large well-appointed kitchen, this home is ideal for both everyday living and entertaining. The lush backyard is a private retreat filled with colorful flowers and the greenest grass you have ever seen. A charming gazebo, and an outdoor kitchen perfect for gatherings year-round. The 3 car garage provides ample storage & parking. Combing generous living spaces with exceptional outdoor amenities, this property offers comfort, functionality & endless possibilities.

1805 Bold Ruler Road SE, Albuquerque

Listing courtesy of Janie Gilmore-Daniels from Vista Encantada Realtors, LLC
$850,000
7 Beds ⋅ 6 Baths ⋅ 1105527 MLS
Offered at $850,000 ($141,666/unit) with an attractive 7.28% acquisition cap rate, 511 Spruce St SE presents a rare opportunity to acquire a fully stabilized multifamily asset with proven in-place cash flow. The property is 100% occupied and features four fully furnished units, with five of the six units having undergone extensive renovations including new roofs, heating and cooling systems, exterior paint and stucco, appliances, flooring, and interior paint. A diverse unit mix supports broad tenant demand, while its long history of strong occupancy as furnished rentals is complemented by an exceptional location near UNM, Presbyterian Hospital, CNM, Kirtland Air Force Base, and Downtown Albuquerque.

511 Spruce Street SE, Albuquerque

Listing courtesy of Luke Scarpa from NAI SunVista Commercial RE
$798,456
8 Beds ⋅ 8 Baths ⋅ 1104663 MLS
Exceptional opportunity to acquire a 8-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a 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 7.37% 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.

635 & 637 Mesilla Street SE, Albuquerque

Listing courtesy of Trey W. Whaley from Trinity Apartment Company LLC
$469,000
8 Beds ⋅ 4 Baths ⋅ 1104528 MLS
Attention investors! This Southeast Heights 4-plex is a fantastic opportunity to expand your investment portfolio. The property features four fully occupied 2-bedroom, 1-bath units, each with its own individual utility meter. Conveniently located near shopping, dining, and everyday amenities, this income-producing property offers strong rental appeal in a desirable location.

528 Alvarado Drive SE, Albuquerque

Listing courtesy of Janis E Fensterer from Realty One of New Mexico
$950,000
10 Beds ⋅ 5 Baths ⋅ 1104437 MLS
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 Street NW, Albuquerque

Listing courtesy of Anton F Determan from EXP Realty LLC
$349,900
7 Beds ⋅ 4 Baths ⋅ 1104238 MLS
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 Street NE, Albuquerque

Listing courtesy of Tahir Gauba from MORE Realty, Inc
$495,000
6 Beds ⋅ 3 Baths ⋅ 1104194 MLS
Well maintained tri-plex located in a secluded pocket neighborhood close to KAFB, the VA Hospital, Nob Hill and UNM/UNMH. Excellent opportunity to add to your portfolio or start your portfolio. Each unit has two bedrooms, spacious living room, full bath, large kitchen, and a back patio area. Each unit has a detached storage unit in the back corner of the property for extra items. Each unit is individually metered for gas and electric. Owner pays water, sewer, and trash. One on-site parking spot and plenty of street parking. Sellers also own 4017 Thaxton SE, a tri-plex next door. Buy one property or both!

4021 Thaxton Avenue SE, Albuquerque

Listing courtesy of John C Foster from 1 Percent Lists NM Realty
$425,000
6 Beds ⋅ 4 Baths ⋅ 1103389 MLS
Unique and versatile property perfect for multi-generational living or rental potential! The main home features 4 bedrooms, 2 full bathrooms, a spacious living room, and an updated kitchen with new cabinets, quartz countertops, stainless steel appliances, separate dining area, and washer/dryer. Enjoy the covered patio with a shingle roof and large private yard. Connected to the main home is a private in-law suite with its own entrance, offering 2 bedrooms, 1 full bath, a 3/4 bath, kitchen with appliances, family room, and separate laundry set. Property also features a new TPO roof, new cement driveway, and backyard patio. Each dwelling has its own private entrance and yard space, providing comfort and flexibility. A rare opportunity with endless possibilities. Seller is motivated!

112 Hilton Avenue NW, Albuquerque

Listing courtesy of Jaqueline Lizeth Rodriguez from Coldwell Banker Legacy
$559,000
7 Beds ⋅ 5 Baths ⋅ 1103352 MLS
Investor Opportunity!!! Discover this Fourplex residence in the heart of Albuquerque's highly desirable Northwest Valley. Situated on a generous lot, the property features multiple well-designed units, each thoughtfully equipped with in-unit washers and dryers--an attractive amenity for tenant's convenience and comfort. Covered parking adds even more value, enhancing tenant appeal and long-term retention. With strong rental potential and room to maximize returns, this property presents a unique chance to invest in a growing area while building lasting equity. Don't miss this versatile and income-producing gem in one of Albuquerque's most sought-after locations.

325 San Andres Avenue NW, Albuquerque

Listing courtesy of Alex Cordova from EXP Realty LLC
$518,800
6 Beds ⋅ 4 Baths ⋅ 1102986 MLS
Marketing Flyer and Lead paint disclosure are in documents. Do not disturb the tenants. Property can be shown with 48hrs notice and proof of funds.

1200 Edith Boulevard SE, Albuquerque

Listing courtesy of Timothy R Luten from Sperry Van Ness/WACB, Inc.
$1,500,000
12 Beds ⋅ 12 Baths ⋅ 1102929 MLS
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 Avenue SW, Albuquerque

Listing courtesy of Thomas Gallegos from Berkshire Hathaway NM Prop
$479,900
6 Beds ⋅ 4 Baths ⋅ 1102912 MLS
Well maintained 4-plex in desirable NE Heights location! All units occupied. (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Tenants love the grassy and tree covered courtyard area, private parking spots and central location. Individually metered for electric and master meter for gas and water/sewer. Projected 6% CAP rate showing strong income potential and highly rentable area.

11009 Towner Avenue NE, Albuquerque

Listing courtesy of Nathan Louis Boitano from RE/MAX SELECT
$299,900
6 Beds ⋅ 3 Baths ⋅ 1102852 MLS
INVESTMENT OPPORTUNITY WITH BUILT-IN INCOME AND ROOM TO GROW. This well-positioned tri-plex on Tennessee Street features three single-story units, each approx 750 sq ft with 2 bedrooms, 1 bath, and private yard space tenants love. Functional layouts include range and refrigerator, plus dedicated parking for added convenience. Tenant occupied for immediate cash flow, with strong rental appeal and upside potential. Whether expanding your portfolio or starting fresh, this property checks the boxes--don't miss your chance to secure a steady income producer!

325 Tennessee Street NE, Albuquerque

Listing courtesy of Jonathan P Tenorio from Keller Williams Realty
$975,000
6 Beds ⋅ 4 Baths ⋅ 1102470 MLS
*Ask your realtor about the seller-paid rate buydown offer*Beautiful light, incredible luxury, and loving care abounds in this gorgeous historic home with modern updates and many perks: including a private, separate two-apartment carriage house with market rent of about $1,000+ per apartment! Backyard oasis with fountains, fruit trees, a green lawn, herbs and flowers, and multiple patios. Main house has a parlor, living and dining rooms, a screened-in wraparound porch, large bedroom, and beautiful bath with a curbless shower and heated tile. Upstairs, three more bedrooms a stunning marble bath with dual sinks, separate office and studio. Refrigerated air, owned solar. In the basement, storage galore and a wine cellar. NOTE: Square footage of main house 3128sf, carriage house ADU w/2 apartments adds 1064sf for 4192 sf total. An incredible value for this beautiful property.

1123 Tijeras Avenue NW, Albuquerque

Listing courtesy of Sherilyn Lucas from A & S Real Estate Group, LLC
$599,000
7 Beds ⋅ 3 Baths ⋅ 1101113 MLS
Great Opportunity-home has previously been operated as an assisted living and has a license that may be able to be transferred. Home is nestled in NE heights setting with beautiful mature trees on a corner lot. Home is equipped with 7 bedrooms and 2 1/2 bathrooms plus to spacious living rooms and a functional office. Home is ADA compliant with wheelchair ramp access at the front porch, roll-in showers in both full bathrooms as well solid surface floor with no transitions through the home (wood-look tile on all flooring areas). Two family rooms both with wood burning fireplaces. Large kitchen with ample cabinet and counter space. Newer tankless water heater 2024. Beautiful backyard landscape and large covered patio for outdoor entertaining or peaceful relaxation.

3225 Georgia Street NE, Albuquerque

Listing courtesy of Megan F England from Vista Encantada Realtors, LLC
$1,375,000
11 Beds ⋅ 8 Baths ⋅ 1101065 MLS
Introducing Academy Casitas, Albuquerque's unique tiny village in the heart of downtown. This 8-unit hacienda-style community sits on a private, scenic .52 acre lot with ample parking and mixed-use zoning. Thoughtfully developed over 20 years, the property blends Southwestern charm with functional design, offering privacy and dedicated outdoor living spaces. Features include an on-site laundry room, a Morton steel building, and an RV pad with hookups. Well maintained with updates to roof, HVAC, appliances, and sewer/water lines. Flexible rental options for short- or long-term use. Turnkey asset with strong cash flow and upside potential. Academy Casitas domain https://academycasitas.com/ will convey with the sale of the property.

1508 Edith Boulevard NE, Albuquerque

Listing courtesy of Vertical Real Estate from LPT Realty
$1,490,000
6 Beds ⋅ 4 Baths ⋅ 1100990 MLS
DO NOT CONTACT SELLERS. LISTING WILL BE BACK ON MARKET 7/3/2026 Remarkable contemporary style home on .87 acre. Gated corner lot with a private pool make this home an oasis. Large master suite boasts a private deck with sunset views. Kitchen is designed for large gatherings and easy access to covered patio and pool area.Recent updates include remodeled master bath, retiled showers in 2 bathrooms, new roof over gym and 3 car garage, window treatments throughout including black out blinds in all bedrooms w remote control, new automatic pool cover that helps heat the pool using New Mexico sunshine!

12509 Eagle Rock Avenue NE, Albuquerque

Listing courtesy of Nathan W Smith from Realty Executives Advantage
$1,995,000
6 Beds ⋅ 7 Baths ⋅ 1100318 MLS
Experience unparalleled luxury at the Salida Sandia Estate, a commanding 12,000 sq ft mansion set along the tranquil edge of the Valles del Oro National Wildlife Refuge. This world-class residence showcases 6 opulent bedroom suites, 7 spa-inspired baths, and a grand entertainer's layout highlighted by a full-service designer bar and a chef's kitchen appointed with top-tier appliances. Indulge in a private theater for cinematic experiences and unwind on a serene balcony capturing endless views of the Sandia Mountains and Rio Grande Bosque! Encompassed within a fully gated compound for ultimate privacy, this is a legacy estate defined by scale, sophistication, and distinction. Exquisitely reimagined stunning updates in an enchanting timeless design. 150k seller credits available!

800 Salida Sandia SW, Albuquerque

Listing courtesy of Richard R Gonzales from Oso Elite Realty
$499,000
6 Beds ⋅ 4 Baths ⋅ 1100193 MLS
This income-producing triplex offers a great opportunity for both investors and owner-occupants. The property features three units, providing multiple streams of rental income and strong cash flow potential. Its convenient location offers easy access to local amenities, schools, and major roadways, making it attractive to tenants. With solid occupancy potential and long-term value, this triplex is a smart addition to any real estate portfolio. Unit A and B offer 691 sqft of living space and includes a stackable washer and dryer. Unit C offers 1,056 sqft of living space, a 1-car garage, and a standalone washer and dryer conveniently located in the garage.**Unit inspections will be scheduled by appointment after a signed purchase agreement is received.

4609 Douglas Macarthur Road NE, Albuquerque

Listing courtesy of Scott B Clark from Double Eagle Real Estate
$550,000
8 Beds ⋅ 4 Baths ⋅ 1099281 MLS
Located at 3609 Wellesley NE, this fourplex has large, town house style, two bedroom, one bathroom units with in unit laundry.At the ask price $550,000 and of based on the current average rents of $1,324 per month, the property's measures of investment performance include a 10,10 GRM, 5.73% cap rate before reserves, before tax IRR of 20.0% and an after-tax IRR of 16.2%. If rents were raised to market average of $1,466, and even with a potential two-fold increase in property taxes, which likely not occur until 2027-2028, the measures of investment performance improve to a 5.93% cap rate.

3609 Wellesley Drive NE, Albuquerque

Listing courtesy of Todd D Clarke from NM Apartment Advisors, Inc.
$530,000
7 Beds ⋅ 4 Baths ⋅ 1098715 MLS
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring this downtown fourplex to market. Located within walking distance of all that downtown Albuquerque has to offer--hundreds of restaurants, shops, and cultural amenities. Also a short bike ride to the Old Town Plaza as well as three area hospitals and the UNM/CNM campuses. The property contains two large two-bedroom units (one with washer / dryer includ-ed and one with hookups), a small one bedroom eagle's nest 2nd floor apartment, and a medium-sized two bedroom casita that also includes a washer / dryer. Each apartment offers a unique floor plan with eclectic character touches and updates.

907 Coal Avenue SW, Albuquerque

Listing courtesy of Kyle E Deacon from Deacon Property Services
$500,000
6 Beds ⋅ 5 Baths ⋅ 1097526 MLS
High-yield investment opportunity with an 12% cap rate and owner financing available. This income-producing property offers multiple revenue streams on one parcel, including an updated duplex, an owned mobile home, and four additional mobile home pads with expansion potential. Duplex features a 1BR/1.5BA unit with walk-in closet and two fireplaces, plus a 3BR/2BA unit. Ideal for investors seeking immediate cash flow with future upside. Call for details.

110-114 Indiana Street SE Unit 1-7, Albuquerque

Listing courtesy of Molly L Miller from Keller Williams Realty
$1,450,000
10 Beds ⋅ 4 Baths ⋅ 1097514 MLS
RARE OWNER-OCCUPANT ASSISTED LIVING OPPORTUNITY IN ALBUQUERQUE'S COUNTRY CLUB AREA. Purpose-configured assisted living real estate offering an ideal opportunity for an experienced operator, expanding care provider, or entrepreneur who wants to operate the facility while owning the building.The main level features 9 resident bedrooms with 10 revenue-producing bed positions, along with private and shared room configurations, multiple common living areas, dining space, and a functional care-ready layout designed around residential assisted living operations.An additional 2-bedroom non-revenue apartment upstairs has historically served as resident manager sleeping quarters, staff office space, and operational support space. Residents do not access the upstairs area, allowing operators to maintain separation between resident care areas and staff/management functions.Extensive renovations completed in recent years create a warm residential environment with much of the physical infrastructure already in place for an assisted living, senior care, residential care, or similar facility-type operation.Located in Albuquerque's desirable Country Club area with convenient access to medical providers, hospitals, pharmacies, shopping, transportation, and other services important to senior-care operations.For an operator searching for an assisted living facility for sale in Albuquerque, a residential care property, or an opportunity to own the real estate instead of leasing their facility, this property offers a difficult-to-replicate combination of location, existing build-out, resident capacity, staff support space, and owner-occupant potential.REAL ESTATE ONLY - business, licenses, and operating entity are not included. Buyer to independently verify permitted use, licensing requirements, bed capacity, zoning, and suitability for buyer's intended operation.

1711 Park Avenue SW, Albuquerque

Listing courtesy of Joshua D Christensen from Realty One of New Mexico
$2,190,000
7 Beds ⋅ 7 Baths ⋅ 1096932 MLS
Experience one of the most exquisite custom-built homes currently on the market in North Albuquerque Acres.2This stunning 7-bedroom, 7-bath estate sits on a fully walled and automatically gated, beautifully landscaped 0.89-acre lot, offering privacy, elegance, and resort-style living.The home features fresh interior paint, newly installed 4-foot marble flooring, hand-scraped wood floors, and custom cabinetry throughout. The high-end chef's kitchen is designed to impress even the most discerning culinary enthusiast, showcasing quartzite waterfall countertops, casement windows, designer lighting, and exceptional craftsmanship.Entertain and relax outdoors with a 23,000-gallon resort-style pool, fire pits, and manicured grounds. Additional highlights include owned solar

9900 Eagle Rock Avenue NE, Albuquerque

Listing courtesy of John M Lopez from Coldwell Banker Legacy
$565,000
6 Beds ⋅ 6 Baths ⋅ 1095527 MLS
Turnkey 6-plex in Albuquerque's Near North Valley--three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the case: CAP 6.06%, GRM 9.53, IRR 13.40% (per owner's pro forma). Rent/unit under $100k, under most comps. Each unit is separately metered for gas and electric. Close to employment, transit, and amenities, this location supports steady demand and market-rate rent growth. A great price for $34,214 NOI--ideal for investors seeking reliable cash flow with low day-to-day involvement.

426 Towner Avenue NW, Albuquerque

Listing courtesy of Peter A Cochran from Weichert, Realtors Image

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