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$55,000
1 Beds ⋅ 1 Baths
Top-floor 1-bedroom, 1-bath condo in the gated Tres Caminos community offering 582 square feet and plenty of potential for the next owner. This second-story unit features a functional floor plan, abundant natural light, refrigerated central air, gas range, and a private balcony overlooking the community pool area. The property is ready for renovation and personalization, making it a great opportunity for an investor or buyer looking to create an affordable home of their own. Community amenities include an on-site laundry facility, common-area maintenance, exterior building maintenance, and front landscaping. Buyer to verify current HOA inclusions and community amenities. Conveniently located near shopping, dining, parks, Albuquerque International Sunport, Kirtland Air Force Base, the VA Hospital, and Sandia National Laboratories. Cash-only complex. Property is being sold As-Is.

1025 Valencia Drive SE Unit APT 16, Albuquerque
$420,000
4 Beds ⋅ 2 Baths
Excellent investment opportunity! This well-maintained 4-plex at 536 Palomas Dr SE generates $3,900/month in gross rental income. Unit mix includes four 2 bed/1 bath units. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.532 Palomas Dr SE is also for sale and can be bought together.

536 Palomas Drive SE, Albuquerque
$420,000
8 Beds ⋅ 4 Baths
Excellent investment opportunity! This well-maintained 4-plex at 536 Palomas Dr SE generates $3,214 /month in gross rental income. Unit mix includes four 2 bed/1 bath units. Features include off-street parking, private enclosed courtyards, newer windows, and newer stucco. A turnkey addition to any investment portfolio with strong cash flow.

532 Palomas Drive SE, Albuquerque
$430,000
2 Beds ⋅ 1 Baths
Great opportunity for an investor looking to add a four-unit property to their portfolio. This multifamily property features four 2-bedroom, 1-bath units, each offering a practical floor plan and its own private patio.Each unit has one designated parking space, while the property also offers the convenience of private outdoor space for residents. Heating is provided by wall-unit heaters, with swamp coolers located on the roof for cooling. The property does not currently offer on-site laundry.The roof has been recently serviced, although its exact age is unknown. The units have not had recent updates, providing an investor with the opportunity to improve and modernize the property while potentially increasing rents and long-term value.A solid opportunity for an investor seeking a multifamily property with four separate income-producing units and potential upside through future improvements.Pet deposit:$250 pet fee non-refundable$30 pet monthly pet rentRent amounts:-Unit A&D $960-Unit B $979 & starting 9/1 $1009-Unit C $979 plus pet rent $25Late fee:5% of rentRoofing proposal (work is completed, proposal attached):$6,075

510 Mesilla Street SE Unit 1-4, 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
$535,000
1 Beds ⋅ 1 Baths
Turnkey, fully occupied 6-unit investment opportunity! This professionally renovated 6-plex features six updated 1BR/1BA units with modern kitchens, tiled showers, LVT flooring, and fresh finishes throughout. Recent capital improvements include new mechanical systems and commercial-grade centralized gas tankless water heaters, helping minimize future maintenance. Strong in-place cash flow with approximately 7.6% cap rate at the current list price and excellent rental history. Ideal for investors seeking a stabilized, low-maintenance asset with immediate income. Please do not walk the property or disturb tenants. Showings by appointment only.

525 Mesilla Street SE Unit 1-6, 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
$379,900
6 Beds ⋅ 3 Baths
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
$379,900
6 Beds ⋅ 3 Baths
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
$250,000
2 Beds ⋅ 2 Baths
Excellent investment opportunity at 633 Grove St SE, Albuquerque, NM 87108. This remodeled duplex offers immediate income potential with tenants already in place, making it a turnkey addition to any investment portfolio. Both units have been updated to provide comfortable, modern living spaces while minimizing future maintenance concerns. Conveniently located near shopping, dining, schools, and major transportation routes, this property appeals to long-term renters and supports strong occupancy potential. Whether you're a seasoned investor or looking to expand your real estate holdings, this income-producing duplex delivers the combination of cash flow, updates, and location that investors seek. Don't miss this opportunity to own a fully leased, remodeled duplex in Albuquerque.

633 Grove Street SE, Albuquerque
$250,000
2 Beds ⋅ 2 Baths
Excellent investment opportunity at 633 Grove St SE, Albuquerque, NM 87108. This remodeled duplex offers immediate income potential with tenants already in place, making it a turnkey addition to any investment portfolio. Both units have been updated to provide comfortable, modern living spaces while minimizing future maintenance concerns. Conveniently located near shopping, dining, schools, and major transportation routes, this property appeals to long-term renters and supports strong occupancy potential. Whether you're a seasoned investor or looking to expand your real estate holdings, this income-producing duplex delivers the combination of cash flow, updates, and location that investors seek. Don't miss this opportunity to own a fully leased, remodeled duplex in Albuquerque.

633 Grove Street SE, 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

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.