Alta Monte, NM homes for sale & real estate

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ABOUT THIS HOME
Alta Monte, NM Homes for Sale
Rare Investment Opportunity in the Heart of NE Heights! A well-maintained multifamily property located in one of Albuquerque's most desirable neighborhoods. Surrounded by parks, top-rated schools, and established amenities, this property offers both convenience and long-term rental appeal. The community consists of all two-story 2BD/1BA units, each designed with functionality in mind. Every unit features in-unit washer/dryer hookups and private balconies, enhancing tenant comfort and marketability. Several units have been moderately updated, with improvements including newer swamp coolers in most, refreshed interiors, newer roofs, and modern touches that reduce future maintenance needs whil

$1,800,000

2 beds1 bath12,885 sq ft

3404 Cherokee Rd NE, Albuquerque, NM 87107

Private balconies • Multifamily property • Newer swamp coolers

ABOUT THIS HOME
Alta Monte, NM Homes for Sale
Located at 3601, 3605 & 3611 Wellesley NE, as well as 3611 Tyson NE. The portfolio is easily managed from one central location that includes laundry room for the residents use. The property portfolio contains two studio units, thirteen one bedroom units and ten two bedroom units. The portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy. At the ask price $3,015,000 and of based on the current average rents of $1,157 per month, the property's measures of investment performance include a 8.68 GRM, 7.26% cap rate before reserves, before tax IRR of 16.1% and an after-tax IRR of 12.9%. If rents were raised to market average of $

$3,015,000

3 beds1 bath17,682 sq ft

3601 Wellesley Dr NE, Albuquerque, NM 87107

0.78 acre lot • Built 1981 • Listed 78 days

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ABOUT THIS HOME
Alta Monte, NM Homes for Sale
WELCOME TO A MOVE IN READY HOME THAT BLENDS COMFORT, FLEXIBILITY, AND EASY LIVING. This three bedroom one bath home offers modern tile flooring and a layout designed for real life. Enjoy both a living room and a separate family room, perfect for relaxing nights or hosting friends, with a fireplace that adds warmth and character. The open living area flows into a private kitchen, creating a balance of connection and separation. Outside, the clean low maintenance landscape is a blank canvas ready for gardens, play space, or outdoor entertaining. Nearby parks and convenient access to shopping and dining come with this package! Come see this inviting home for yourself and imagine making it your

$275,000

3 beds1 bath1,217 sq ft

3603 Cherokee Rd NE, Albuquerque, NM 87110

Modern tile flooring • Private kitchen • Nearby parks

ABOUT THIS HOME
Alta Monte, NM Homes for Sale
Location, Location, Location!!! Near UNM and easy access to I-40 and I-25. Move in ready! This spacious townhome has a large open concept great room that opens up to the kitchen. Tons of natural light provided through clerestory windows. Refrigerated air for maximum comfort. Laundry room is conveniently located upstairs. The owner's suite has 2 closets, linen closet, and a large bath. Secondary bedrooms also have walk-in closets. Two car garage at rear of townhouse and cozy private enclosed courtyard at front entrance. This is a gem, make it yours today!

$319,500

3 beds2.5 baths1,724 sq ft

3816 Tulane Dr NE, Albuquerque, NM 87107

Refrigerated air • Natural light • Walk-in closets

Average home prices near Alta Monte, NM

Cities

Albuquerque homes for sale
$385,000
Tijeras homes for sale
$800,000
Los Lunas homes for sale
$370,900
Edgewood homes for sale
$499,000
Belen homes for sale
$287,950
Cedar Crest homes for sale
$479,500
Corrales homes for sale
$974,000
Sandia Park homes for sale
$619,000
Rio Rancho homes for sale
$439,900
Los Ranchos de Albuquerque homes for sale
$1,650,000
Bernalillo homes for sale
$445,000
Placitas homes for sale
$690,000
Bosque Farms homes for sale
$565,000
North Valley homes for sale
$950,000
Sandia Heights homes for sale
$925,000

Neighborhoods

Netherwood Park homes for sale
$650,000
Sandia Ridge homes for sale
$592,500
Summit Park homes for sale
$600,000
McKinley homes for sale
$287,450
Near North Valley homes for sale
$365,000
Uptown homes for sale
$180,000
Vineyard homes for sale
$435,000
Altura homes for sale
$335,000
Northeast Albuquerque homes for sale
$389,000

Alta Monte, NM real estate trends

$450K

Sale price

$135

Sale $/sq ft

Under list price

6.2%

Days on market

128

Down payment

—

Total homes sold

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