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$1,660,470
3 Beds ⋅ 3 Baths
*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 Drive SE Unit APT 6, Albuquerque
$369,900
3 Beds ⋅ 2 Baths
Welcome to this beautifully updated 3-bedroom, 2-bath home in the desirable Juan Tabo Hills/Volterra community! Built in 2010, this move-in ready home features a remodeled kitchen with quartz countertops, new appliances, updated hardware, new light fixtures, fresh interior paint, and new laminate flooring throughout. Enjoy the comfort of refrigerated air and a functional open layout that feels fresh and modern. Conveniently located near Kirtland Air Force Base and Sandia National Laboratories with easy access to shopping, dining, parks, and major commuter routes. This home truly feels like new and is ready for its next owner!

11701 Blue Ribbon Road SE, Albuquerque
$269,900
4 Beds ⋅ 2 Baths
PRICE REDUCTION!!!! Great opportunity on this FULL OCCUPANCY and GREAT income producing property in SE Albuquerque. 2 very spacious units that have offstreet parking, an attached storage unit and tile flooring. Wonderful Investment with tenants that have a month to month lease.

520 Kentucky Street SE, Albuquerque
$425,000
3 Beds ⋅ 3 Baths
2010 Summertree ''Willow'' model in Volterra with NO PID! Huge living room opens to country kitchen with island, bar, pantry and bay-window dining area. Adjacent ''flex'' room could be formal living, dining or media room. Powder room. Upstairs finds enormous primary suite with adjoining study/sitting room, deluxe bath (separate tub & shower, double vanity and walk-in closet) and private deck. Two more bedrooms share a full bath. Laundry room on upper level. Double garage with built-in storage systems. Tiled roof. Covered patio. Large corner lot with walled backyard. Low-maintenance front yard landscape. Easy access to KAFB and the Labs. Conveniently close to Manzano Mesa Park with community center, pickleball courts, and dog park. Open space nearby with trail access for hiking and biking.

11824 Suny Bay Road SE, Albuquerque
$65,000
3 Beds ⋅ 2 Baths
Set Up In Nice Family Park! Space Rent 175 Per Month Covers Water And Sewer. Three Bedroom, Two Full Baths, Large Living Room With Fire Place across from the Playground In Park. Nice Club House For Famly​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ Gathering.

217 Bette Clair Street SE, Albuquerque
$69,000
1 Beds ⋅ 1 Baths
Affordable and centrally located 1-bedroom condo with easy access to Kirtland Air Force Base, Sandia National Laboratories, the Albuquerque International Sunport, and major interstates. All utilities (except electric) covered by HOA. This move-in ready unit features fresh paint, updated flooring, a dishwasher, and modern lighting. Enjoy a private balcony off the bedroom with beautiful western views--perfect for catching Albuquerque sunsets. The community offers lush green spaces, mature trees, and assigned parking in a gated lot.

1100 Alvarado Drive SE Unit APT 310, Albuquerque
$260,000
5 Beds ⋅ 4 Baths
Investment package: 3 updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes one 2BR/2BA, one 2BR/1BA, and one1BR/1BA unit. Secured parking in gated lot for condo units. Condo dues vary by size and cover exterior maintenance, exterior utilities (gas, water, sewer, trash), and exterior insurance; owner pays interior electric and taxes. Complex includes a pool. Fully leased; all units on leases with deposits in place. Package sale only. Offers contingent on buyer's visual inspection within 72 hours of offer acceptance; proof of funds required on all offers. No sign or lockbox at property.

1100 Alvarado Drive SE, Albuquerque
$248,000
4 Beds ⋅ 3 Baths
Unlock your next (or first!) stream of passive income with this rock-solid residential duplex. Each unit offers a functional 2-bedroom, 1-bathroom layout, complete with private patios. This is more than just a duplex; it's a foundation for long-term equity growth

416 Kentucky Street SE, Albuquerque
$160,000
4 Beds ⋅ 2 Baths
This modern 2022 large double-wide has four bedrooms, two full bathrooms and an open floor plan. The modern kitchen is spacious & has plenty of room for you to cook up your delights. The neighborhood is peaceful and has 24 hour security. The property is Located in the Four Hills mobile Home park near the foothills. Your can enjoy biking or walking on private streets, and other indoor and outdoor amenities and activities. Social activities are a highlight for residents, for seniors as well as families. And what a luxury to be able to drive up and park right next to your home under the carport avoiding the hassle of a community parking lot. So come live the peaceful life in this Beautiful Home.

605 Doe Lane SE, Albuquerque
$435,000
3 Beds ⋅ 2 Baths
Unique Dual-Residence Property with Extensive Commercial ParkingDiscover a one-of-a-kind opportunity that perfectly blends residential comfort with massive industrial utility. This expansive property features two attached homes and a reinforced yard capable of accommodating 5+ semi-trucks--ideal for owner-operators or savvy investors.Residence A: Features a generous open-concept layout including a kitchen, dining, and living area. Includes 2 bedrooms, 1 bathroom, a dedicated office space, a laundry room, and a 22'2'' x 12'3'' attached garage.Residence B: A secondary unit offering 2 bedrooms, 1 bathroom, and a functional kitchen/dining combo.Whether you're looking to run your business from home or generate dual rental income, this property offers unmatched versatility.

123 Charleston Street SE, Albuquerque
$345,000
3,000 sqft building with garage for sale in the Southeast Heights! This large building with attached garage has potential for use as a work building and or storage with a half bath, an open floorplan, and garage. The high ceilings and large open interior can be used for a multitude of possibilities. This property is an ideal handyman special being sold in as is condition. The surrounding neighborhood has several locally owned businesses, restaurants, and shopping locations. Schedule to see this spacious property today!

428 Chama Street SE, Albuquerque
$383,500
4 Beds ⋅ 4 Baths
Turnkey 4-plex with major upgrades and strong income potential. Property consists of three remodeled 1BR/1BA units and one larger 2BR/1BA unit. Renovated units feature new kitchen cabinets and countertops, updated bath surrounds and vanities, new water heaters, wall heater units, and many new windows. Refinished hardwood floors, fresh paint, and updated lighting throughout. Current rents in place with opportunity for additional income growth. The 2BR unit is not yet updated and offers future upside potential. Ideal for investors seeking a low-maintenance property with a blend of stability and value-add opportunity.

805 Ortiz Drive SE, Albuquerque
$500,000
6 Beds ⋅ 5 Baths
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
$127,500
2 Beds ⋅ 2 Baths
Come and see this well maintained and updated condo! Lower level that faces the courtyard and is next to the pool just adds to the entering living of your home! Cozy wood burning fireplace, bar tops in your kitchen, large bedrooms with nice walk in showers completes what this condo has to offer! Your home is close to the Base, Airport, UNM and Downtown so it gives you ease of commute to where ever you need to go! Schedule a time to preview it today!

1100 Alvarado Drive SE Unit APT 108, Albuquerque
$350,000
** Priced to sell! Development site with 24-unit apartment plans. Conceptual plans have already been approved by the City of Albuquerque's Development Review Board and the Fire Marshal's Office. Owner financing is available--20 % down, 3-5-year term, plus additional options. Build-to-suit services (custom design and construction available at cost) can also be arranged.

6525 COCHITI Road SE Rd, Albuquerque
$195,000
2 Beds ⋅ 2 Baths
Nice Property, WITH POTENTIAL FOR MANY USES perfect for your clients looking into home office or live in and work situation. it was used as an office at one time but now is used as residential.MXL Legally Non Conforming Zoning, might be used for either residential or Commercial according to the Zoning and Planning department. Please have your client call them to confirm it. Property is in good condition but seller is selling ''As is'' and willing to do only Lender required repairs.Property is on a Month to Month Lease.

503 San Pedro Drive SE, Albuquerque
$79,900
Rare infill lot in at affordable price. Nice level property, ready for you dream home or an Investment . Owner financing available. Drive by and take a look. The adjacent land 408 Rhode Island is also for sale please check mls number 1084561

412 RHODE ISLAND Street 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.