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$999,565
6 Beds 3 Baths
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
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

$260,000
4 Beds 2 Baths
Welcome to this spacious 4 bedroom, 2 bath home offering an inviting layout and thoughtful updates throughout. This many bedrooms and size of home does not come around often! In recent years, the seller has updated the kitchen, refreshed the interior with new paint, and removed all carpeting for a cleaner, low-maintenance feel. The generous living area flows into the dining space, creating a comfortable setting for everyday living and entertaining. The kitchen offers a functional layout with plenty of storage. Outside, the spacious yard provides room to relax, entertain, garden, or create your own outdoor retreat. With its flexible floor plan, recent improvements, and convenient SE Albuquerque location, this home is ready for its next owner to make it their own.

932 Florida Street SE, Albuquerque

$475,000
4 Beds 3 Baths
Step into a warm and inviting home where comfort meets effortless style. This spacious 4-bedroom, 3-bathroom home features an open-concept floor plan, beautiful flooring, soaring natural light, and a cozy fireplace that creates an inviting atmosphere for both everyday living and entertaining. The generously sized bedrooms offer plenty of space and privacy, while the impressive primary suite provides a private balcony- your perfect retreat to enjoy a quiet morning coffee or unwind at the end of the day. Outside, the backyard is truly an extension of the home, offering lush green grass, a beautiful garden, and playset that makes it ideal for entertaining, relaxing, and creating lasting memories. A built-in sprinkler system helps maintain the beautifully landscaped yard with ease. With its spacious layout, abundant natural light, stylish finishes, and exceptional backyard, this home offers the perfect combination of elegance, comfort, and functionality. A must-see opportunity to enjoy beautiful living both inside and out!

1005 Chiricahua Street SE, Albuquerque

$1,424,506
5 Beds 3 Baths
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

$550,000
4 Beds 3 Baths
Oh, my goodness! The sellers spared no expense on upgrades in this stunning one-owner home, and it could be yours. Enjoy a paid-for solar system that conveys with the home, along with a professionally installed sunroom and an improved backyard featuring a gazebo, synthetic grass, fruit trees, a chef's area, and patio furniture that conveys as well. Step inside to a bright, open floor plan with a large gourmet kitchen offering stainless steel appliances, granite countertops, a kitchen island, a pantry, and beautiful tile backsplashes that flow seamlessly into a spacious living area.Enjoy cozy evenings by the fireplace and take in the soaring ceilings--this one-of-a-kind home has character at every turn. The primary bedroom is conveniently located on the main floor, and the ensuite is a true retreat with high double sinks, a luxurious frameless heavy glass walk-in shower, a separate garden tub, and his-and-her walk-in closets.As you enter, the front room is ideal as an office or can easily be used as a fifth bedroom. Outside, your backyard oasis awaits with fruit trees, a covered patio, a gas stub, and a completely redone private space designed for relaxation and quality family time.

2009 Hubbard Street SE, Albuquerque

$267,000
2 Beds 1 Baths
NEW PRICE--$267,000! This property is located in an area where eligible buyers may qualify through participating lenders for down-payment and/or closing-cost grants that do not require repayment. These are grants, not second mortgages. Buyer and loan eligibility requirements apply; programs are subject to change. Brand-new July 2026 refrigerated air and heating combo unit! Move-in ready and thoughtfully updated, this charming home offers the comfort and peace of mind today's buyers are looking for. Beautiful gleaming wood floors welcome you inside, leading to a spacious remodeled kitchen featuring quartz countertops, a tile backsplash, stainless steel sink, and brand-new appliances, including the stove, refrigerator, washer, and dryer.The updated bathroom includes a new vanity and professionally resurfaced tub and tile. Additional improvements include newer double-pane windows, a newer roof, updated water and sewer lines, fresh exterior stucco, and an automatic garage door opener.The oversized one-car garage provides exceptional storage, plus there's an additional storage shed for even more space. Step outside to a large, private backyard enclosed by tall walls--perfect for relaxing, gardening, entertaining, or giving pets room to play.Conveniently located near Kirtland Air Force Base, Sandia National Laboratories, shopping, dining, and major commuter routes, this beautifully updated home is an outstanding value and truly move-in ready.

821 Cagua Drive SE, Albuquerque

$704,000
3 Beds 3 Baths
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

$444,272
2 Beds 4 Baths
Exceptional opportunity to acquire a 6-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of studios/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 8.74% caprate, 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.

616 & 618 Mesilla Street SE, Albuquerque

$1,144,491
9 Beds 7 Baths
Exceptional opportunity to acquire a 13-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 8.35% 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

609 Mesilla Street SE, Albuquerque

$249,000
3 Beds 2 Baths
Opportunity knocks at this established Southeast Albuquerque property with solid fundamentals and plenty of potential. Whether you're looking for your next renovation project, an investment property, or a home to make your own, this one offers a strong starting point.Major improvements already include a newer TPO roof system and newer furnace, allowing you to focus your time and resources on bringing your vision to life. Originally configured as a duplex with a two-bedroom/one-bath unit and a one-bedroom/one-bath unit, the property offers the potential to explore a return to its previous layout, subject to buyer verification and any required approvals.Outside, you'll find a large fenced backyard along with an oversized detached one-car garage featuring a dedicated workshop area--ideal for projects, storage, or hobbies.Conveniently located near shopping, restaurants, schools, and everyday amenities, the property sits in an established neighborhood anchored by a fire station and church. A newly constructed multi-unit development next door also highlights the area's continued investment and future potential.Whether you're searching for your next rental, renovation, or value-add opportunity, this property offers plenty of possibilities for the right buyer.

821 Ortiz Drive SE, Albuquerque

$522,720
3 Beds 2 Baths
This your chance to own a unique part of Albuquerque history and a rare opportunity to acquire an amazing fourplex that was built by the same engineer/ developer who built the Trestle. What is the Trestle? It is the world largest free standing wood structure containing 6.5 million board feet in a structure that is 12 stories tall and 1,000 feet long. Built in the early 1970s for $58M, this structure is part of our cold war history.This fourplex is part of a larger 16 units (4 x fourplexes) community that was developed by Dr. Carl Baum as his primary residence while he worked at Kirtland Air Force Base.Dr. Baum was known as a world recognized expert on electromagnetic pulse phenomena. He designed and built this portfolio of apartments to be closer to work and model his lifestyle after his work ethic.Beyond this Property's rich history, residents love the upgraded & properly loaded 2 bedroom 1 bath floor plans with quality updates, solid surface flooring throughout, modern fixtures, full size washer / dryers in a separate utility closets, big courtyard spaces, and large & updated kitchens with all appliances -including dishwashers.Measures of investment performance include: at ask price of $522,720, $130,650 per unit, $138.87/sf, 6.92% before reserves CAP rate, a 6.75% after reserves cap rate, and an after tax IRR of 19.2%.

1315 Madeira Drive SE, Albuquerque

$315,000
3 Beds 2 Baths
UNBEATABLE CONVENIENCE & SPACIOUS LIVING IN CENTRAL ALBUQUERQUE!Welcome to 1017 Georgia Street SE, a charming single-story residence offering 2,177 sq. ft. of versatile living space in one of Albuquerque's most central and accessible pockets. Whether you're commuting across town, heading to nearby employment hubs, or exploring the city's vibrant dining and shopping scenes, this location delivers effortless access to major thoroughfares, including I-40, Louisiana Blvd, and Gibson Blvd.PROPERTY HIGHLIGHTS:Generous Layout: 3 spacious bedrooms and 2 full bathrooms, perfect for comfortable daily living, a home office setup, or hosting guests.Warm & Welcoming: Features a classic fireplace as the focal point of the living space, creating an inviting atmosphere year-round.Functional Extras: Includes a 1-car attached garage for parking and storage, situated on a manageable 0.17-acre lot with low-maintenance outdoor spaces.Prime Location: Enjoy close proximity to UNM, Nob Hill dining, local schools (Emerson Elementary, Van Buren Middle, Highland High), parks, and essential everyday shopping.Perfect for buyers looking for a central retreat with plenty of room to spread out without sacrificing quick commute times. Schedule your private showing today and experience the ideal blend of accessibility and comfortable living!

1017 Georgia Street SE, Albuquerque

$245,499
4 Beds 2 Baths
Excellent investment opportunity or ideal owner-occupant duplex! This well-maintained property features two 1-bedroom, 1-bath units, with one unit currently occupied and the other recently refreshed and move-in ready. The vacant unit offers new interior paint, 4-inch baseboards, a new bathroom vanity, new closet and bathroom doors, and rekeyable locks for easy tenant turnover. Additional updates include a newer roof, tile flooring, updated electrical and plumbing, new ranges, MasterCool air conditioners, wall heater, water heater, and a new 6-foot privacy fence. Ample off-street parking, a spacious backyard, and shared on-site laundry add to the appeal. A great opportunity to invest or live in one unit while generating rental income from the other!

636 San Pablo Street SE, Albuquerque

$69,900
3 Beds 2 Baths
Beautifully remodeled manufactured home in the sought after Four Hills Mobile Home Park offering comfort, space, and value. The open living area provides a welcoming place to gather, while the functional kitchen, spacious primary suite, and two additional bedrooms offer a layout designed for everyday living. Outside, enjoy a generously sized lot with plenty of room for pets, entertaining, or simply relaxing. Residents also have access to outstanding community amenities including multiple activity centers, 24-hour security, tennis and basketball courts, three swimming pools, and more. Conveniently located, this move-in-ready home is an excellent opportunity to enjoy comfortable living in Four Hills. (Monthly land lease does apply)

312 Coyote Lane SE, Albuquerque

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.