The median home value in Albuquerque, NM is $269,637. This is lower than the county median home value of $273,125. The national median home value is $308,980. The average price of homes sold in Albuquerque, NM is $269,637. Approximately 57% of Albuquerque homes are owned, compared to 36% rented, while 6% 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! Learn more about Albuquerque Real Estate.
This is a testCash flowing 4 unit multi-family investment opportunity. All 2 bed, 1 bath. Recent renovations (2016-2017) include: roof, hot water heaters, furnaces, kitchen cabinetry, countertops, bath vanities, tubs and LVP/tile flooring throughout (carpet in photos replaced 2023). With recent upgrades & Professional management in place, this is an ideal investment. Individually metered units. Room for rent improvements towards market rents. APOD and full Improvement list attached.
Introducing, ''The Thaxtons'' an outstanding investment opportunity in a desirable SE ABQ neighborhood, this charming and updated duplex awaits. Each unit has two spacious bedrooms, a full bath, and a one-car garage. No more trips to the laundromat, as both units come equipped with washers and dryers included. Enjoy traditional hardwood floors and tiled kitchens and bathrooms--no carpets! Ample additional parking is available in the driveway. Unit 3901 features a generous backyard, while unit 3903 offers a cozy side courtyard. Both units are currently tenant-occupied with excellent long-term leases. Don't miss out on the chance to explore the expansion potential from 2 to 3/4 units through garage conversions which will create an incredible Cash on Cash Return.
This property has potential but needs work, there is 4 Bedrooms 2 Baths and 2 living areas. The master bedroom has a large bathroom with walk in closet.
Welcome to this charming 3BR/2BA home with a 2-car plus back yard access! Outside you'll find a generously sized yard with tall back yard walls for your privacy. Home features a mix of tile and carpet flooring . All appliances, including washer and dryer, are included. This property has two large living areas making this a perfect home for entertaining. The master bedroom boasts a walk-in closet and its own bathroom. Don't miss out--schedule a viewing today!
Welcome to this exceptional investment opportunity in Albuquerque! We are proud to present a well-maintained 10-unit multifamily property offering affordable housing solutions. This property offers an opportunity for a reliable stream of rental income fulfilling a vital community need through the Section 8 housing program. Socially conscious investors provide much-needed 2-bed units with 850 SQFT layouts, with its own w/d hookups. SECT 8 housing provides stability & direct deposit of rent payments. Current rents are 50% below SECT 8 rates with current leases all at month to month. Viewing the property is available AFTER an accepted offer. Current tenants have rights. Secure your investment in this lucrative opportunity.
Classic Hollywood Spanish Set in a Parkland Hills Setting. Built in 1936, on several lots of the original subdivision. this home was designed by noted architect T. Charles Gaastra in a U-shape surrounding a large courtyard. It has a classic formal living room, entry hall, and dining room in one wing and three bedrooms and two bathrooms in the opposing wing. The two wings of the house are joined in traditional California Spanish style by a kitchen and a sunroom. The grounds feature a large double kidney shaped swimming pool, a new city approved drought garden, a rose garden, and a landscaped back yard. A dedicated driveway provides room for on-site RV parking independent of the attached two car garage.
Beautifully updated top floor, 1 bedroom condo in a gated community near Kirtland AFB & the Veterans Hospital. This condo features professionally sealed granite countertops and dine-in bar. Vinyl plank floors in living/kitchen. In-unit LG Washer and Dryer. Energy efficient sliding glass doors that opens to the patio. The patio offers a breath taking view of the Sandia Mountains. This condo would make a wonderful place to call home or be used as a rental.
This delightful 3 bedroom, 2 bathroom home offers the perfect blend of comfort and convenience, nestled within a vibrant community. As you step inside, you're greeted by a warm and inviting living space, bathed in natural light streaming through large windows. The open-concept layout seamlessly connects the living area to the kitchen, creating an ideal space for entertaining guests or enjoying cozy dinners. Outside, the backyard offers endless possibilities for outdoor relaxation and recreation. Whether you're hosting summer barbecues or cultivating your green thumb in a garden, this backyard is sure to impress. Conveniently located near schools, parks, shopping, and dining options, this home embodies the quintessential Albuquerque lifestyle.Don't miss out on this opportunity!
Don't miss out on this tastefully updated home! This house offers stunning original hardwood floors, a bright and charming updated kitchen with brand new appliances, freshly renovated bathrooms, a flex space that would be perfect for a media room or home office, and a backyard that's ready for you to create your perfect outdoor space. This property is conveniently situated near ABQ Uptown and central to many restaurants, shopping, and entertainment.
12 unit apartment complex for sale! This multifamily property is settled in one of Albuquerque's up and coming neighborhoods: South San Pedro. Significant investor activity has lead to improving properties all throughout the area which helps to increase rent and tenant basis. This property offers off-street tenant parking and backyards. Property consists of 8 rehabbed units, newer windows, roof, electric panels, exterior paint, all new AC units, and some newer wall heaters as well.
Nestled in the heart of Albuquerque's vibrant International District, this duplex offers not just a residence, but a lifestyle tailored for both comfort and convenience. Each of the two units boasts 2 bedrooms, 1 bathroom, separate living rooms, and kitchens. With a spacious layout of 788 square feet per unit, these spaces are designed for modern living.Tenants will appreciate the thoughtful amenities provided, including a covered patio and courtyard in front with a small but private backyard perfect for pets, children, or gardening enthusiasts. Off-street parking for up to 2 vehicles per unit ensures convenience for residents and visitors alike. Additionally, each unit is equipped with a storage room, providing ample space to secure personal items. >>>MORE>>>
This charming brick fourplex offers a desirable living arrangement with three 2-bedroom units and one 3-bedroom unit which includes a laundry room and boasts a spacious private yard providing a tranquil outdoor space. This setup presents an excellent opportunity for homeownership with the potential to generate rental income from the additional units, enabling the possibility of offsetting mortgage and maintenance costs. The property's layout and features, make it an attractive option for individuals seeking both a comfortable living space and a smart investment opportunity.
HUGE PRICE REDUCTION!! 3 beds, 1 and 3/4 bath remodeled Pueblo style home. 1556 square feet, New kitchen cabinets, tile counter tops. new carpet, title flooring, new plumbing throughout. Large lot with back yard access for parking your toys, One car detached garage in the back yard as well!
Seller is willing to offer financing for an owner occupant (who must move into the property) with a 5% down payment 30 year amortization, 5.75% interest rate, 7 year balloon, subject to approval of the buyers credit report, financial statement and tax returns.This fourplex contains two bedroom one bathroom units that are renting at $1,247. Each renovated unit has washers/dryers and the belong to the owner and convey with the property.At the current average rents of $1,247, and an ask price of $493,710 the measures of investment performance include a price per unit of $123,427, price per square foot of $157.49, a GRM of 8.25, an after reserves cap rate of 6.65%.
This property in the Moana community condo offers a range of desirable features. The seller is willing to contribute 2/1 towards the buy down, making it an attractive option for the buyers, full price offer to exercise this option. The condo boasts a fireplace, which adds warmth and ambiance to the living space. The stunning updates throughout the property,including flooring and modern kitchen with new appliances and stone countertops, making it a visually appealing space. The new windows not only enhance the aesthetic appeal also provide safety. Additionally ,the condo is conveniently located near the pool and ground floor, allowing for easy access. The bean ceiling add character to the unit. REC will be consider
THIS IS A GREAT HOUSE WITH A STUDIO CASITA IN BACK WITH A LARGE GARAGE DETACHED CASITA CAN BE USED TO RENT FOR INCOME.new carpet through out home , painted the entire inside of home, new doors inside and new water heater fresh look-kitchen cupboards redone- very pretty home
Introducing Hermosa Commons, a stunning turnkey multi-family and commercial building investment portfolio located in the heart ofthe highly desirable Nob Hill neighborhood. As you may know, Albuquerque is in a housing crisis, and thanks to all the new job growth the demand forapartments has skyrocketed. Hermosa is a mixed-use property boasting a total of 22 units (20 studios, 2 - 1 bedrooms, and commercial units, with agross building area of 11,369 sq. ft. Most studio units are 330 sq. ft. with the same floor plans. The property is turn-key with a strong history ofoccupancy and is located in a high-demand rental market. Currently, owner-managed fully remotely with maintenance and video security system.
Beautiful triplex, all 3 apartments have two large bedrooms and 1 bath. Hardwood floors and stackable washer and dryers. Each unit has a detached storage unit and walled front yard areas. All 3 apartments are rented so please write an offer subject to inspections and walk through. Please do not walk the property nor disturb tenants.
Beautiful UNM/Nob Hill home. Fully remodeled from the ground up, and completely move-in ready. Great floorplan with new central a/c and heat. Large kitchen including full size pantry, new cabinets, new high-end appliances, and new custom granite. Two luxurious new bathrooms feature custom floor-to-ceiling tile and new custom cabinetry. Entire home features new paint, texture and trim, and all new lighting and fixtures. Updated windows with new 2-1/2'' wood blinds throughout, new 30yr asphalt roof, and new long lasting synthetic stucco. New doublewide garage door with automatic opener. Located in the heart of Nob Hill and easy walking distance to restaurants and shopping.
Income generating property!! 8.229% CAP RATE. Owner Financing available. Duplex + Mobile Home + multiple mobile home pads all in one, with a Duplex has many updates. Duplex 1 - bedroom, 1.5 bath, walk in closet, 2 fireplaces. Duplex 2 -3 bedroom, 2 bath. Owned mobile home on pad & 4 other pad lease opportunities available. Call for more details.
Wonderfully remodeled east Nob Hill Bungalow ready for you! Light and bright with a recently opend up floorplan just take a look at the kitchen with everything replaced! Lovely wood floors greet you as you enter the living area with a wood burning fireplace for those romantic evenings. Three large bedrooms down the hall with a full bath. the primary bedroom is separate creating privacy. What a large backyard too, with a large patio and backyard access. What a wonderful place to call home!
Great investment opportunity, live in one and rent the other one out! A long list of updates including a new roof in 2020, New main sewer line, new water heaters, new swamp coolers, new wall heaters, new light fixtures, and new appliances in both units. Updated wiring, new electrical and gas meters. This would make a great investment property since everything has been updated. This duplex has been well maintained with vents, doors and stucco being sealed, insulation was added to help with utilities. On site washer and dryer for tenants. A nice private courtyard to enjoy and relax, 2 homes for the price of one and ready to go! Solar Panels for each unit for lower electric bills. Schedule your showing today!
Wonderfully updated home in Parkland Hills that maintains its vintage charm! There is so much attention to the details in this lovely home! Updates include: New central refrigerated AC, two mini-splits, double pane low-e windows & sliding door, kitchen cabinets, stainless steel appliances, custom paint. Original hard wood floors freshly sanded & refinished, added baseboards, new backsplash in the kitchen with lovely granite countertops, and LVP flooring in heated/AC patio. Nice sized backyard! Low maintenance landscaping with added gravel. Cute chicken coop, 2 car detached garage. Not far from Nob Hill, UNM, Labs & KAFB. Sellers offer $5k toward an interest rate buy-down with a closing at list price.
Two-Unit Corner lot duplex featuring two-bedrooms, one-bathroom, and a one-car garage for Unit A. One unit has been remodeled boasting modern finishes. Perfect for investors or owner-occupants seeking rental income. Don't miss this opportunity to own a turnkey property with potentional for increased value.
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