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538 Ortiz Dr Se, Albuquerque
$370,000
Great investment opportunity just 10 minutes from UNM and Nob Hill! This property features 2-bedroom, 1-bathroom units, individually metered for gas and electricity. Vacant units need some TLC, offering value-add potential to improve rental income and property value. Shares a courtyard with 540 Ortiz (MLS# 1112705 ), creating an excellent opportunity for a combined investment. Seller prefers to sell both properties together. Owner financing may be available. Please do not disturb tenants. Contact the listing agent for showing access.

538 Ortiz Dr Se, Albuquerque
1104 Palomas Dr Se, Albuquerque
$999,565
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 Dr Se, Albuquerque
705 Palomas Dr Se, Albuquerque
$242,800
2 Beds ⋅ 1 Baths
Welcome home to this gem in the heart of Albuquerque! A perfect mix of classic and modern touches, this home has tons of upgrades including; newer paint, flooring, countertops, cabinets, appliances, and ceiling fans 24/25. Newer roof 2020, newer windows and sewer line 2021, newer garage door and motor 2025. While beautiful hardwood floors, texture, and original built in spaces keep it classic. Backyard offers tons of space, shade with established trees, perfect for gardens or bbqs, or making your own serene outdoors space. All under $250k!! Book your showing today, because this won't last long!

705 Palomas Dr Se, Albuquerque
1315 Madeira Dr Se, Albuquerque
$522,720
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 Dr Se, Albuquerque
312 Coyote Ln 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 Ln Se, Albuquerque
521 Kentucky St Se, Albuquerque
$420,000
Excellent investment opportunity! This well-maintained 4-plex at 521 Kentucky St SE generates $3,500 /month in gross rental income. Unit mix includes four 1 bed/1 bath units. Features include off-street parking, private enclosed courtyards. A turnkey addition to any investment portfolio with strong cash flow. 525 Kentucky St SE is also for sale and can be bought together.

521 Kentucky St Se, Albuquerque
312 Western Skies Dr Se, Albuquerque
$418,000
**INVESTMENT OPPORTUNITY** Discover the potential of this fully leased fourplex at 312 Western Skies Dr SE in Albuquerque! Conveniently located with access to I-40, shopping, dining, and everyday amenities, this income producing property offers investors an opportunity to expand their portfolio with established rental income from day one. Currently generating $3,345 in monthly base rent, or $40,140 annually. All four units are currently leased, with lease expirations extending into 2027. Updates include the roof replacement less than two years ago and the swamp coolers were replaced within the last five years! Whether you're expanding an existing portfolio or entering the multifamily market, this property offers immediate income and future growth potential. Don't miss this opportunity to invest in Albuquerque real estate! Buyer to verify all financial information, rental projections, and property details.

312 Western Skies Dr Se, Albuquerque
11704 Wild Horse Trl Se, Albuquerque
$149,000
3 Beds ⋅ 2 Baths
PUBLIC OPEN HOUSE SUNDAY OCTOBER 25, 2026! Welcome home to this gorgeous, meticulously cared-for Karsten-built home! From the moment you step inside, you'll appreciate the pride of ownership and the thoughtful details throughout. The open floor plan features raised ceilings, elegant crown molding, and a spacious kitchen and dining area that is perfect for entertaining family and friends. The kitchen is sure to impress with built-in appliances, a large island, and a generous pantry, offering plenty of space for cooking, gathering, and storage. Relax in the cozy living area by the fireplace or retreat to the spacious primary suite, truly fit for royalty! The beautifully appointed primary bath features a walk-in shower--a perfect place to unwind after a long day. This well-maintained home offers comfort, style, and plenty of space, with so much more to discover. A home this well cared for is truly a must-see!

11704 Wild Horse Trl 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.

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