Multi Family homes for sale & real estate in 87131, NM

Multi Family Home for sale in 87131, NM:

Metrics of investment performance at the ask price of $1,424,506 include a price per sf of $129, a price per unit of $118,709, and with current rents at $1,134 per month, it generates a GRM of 8.73, a cap rate after reserves of 6.86% and an after tax IRR of 15.10%. 804 & 808 Ortiz SE both feature two-story town home style apartments, which are separately metered for gas and electric and come with bonus, updated detached storage closets. All apartments offer pragmatic floor plans that are significantly larger than other 2 bedrooms in the submarket. Downstairs, residents enjoy spacious, multi-functional living areas, galley kitchens with all appliances (including dishwashers), separat

Multi Family Home for sale in 87131, NM:

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.

Multi Family Home for sale in 87131, NM:

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.

Multi Family Home for sale in 87131, NM:

Well maintained duplex close to the University of New Mexico! Terrific opportunity for homeowner; live in one, rent the other or investor! Both units feature refrigerated air, CFA heat, hardwood floors, washer & dryer in the unit, separately metered gas & electric, separate yards, each has a 1CG. Excellent location close to popular UNM/Nob Hill area, shopping, art, dining, parks, hospitals & transportation!!

Multi Family Home for sale in 87131, NM:

Unique opportunity to own a quality, updated UNM triplex! Embedded in an area of redevelopment in the Knob Heights Neighborhood on the south side of Ridgecrest - walking distance to Castle Coffee, theSource Community Center, a Community Garden, multiple neighborhood parks, and just minutes to UNM, CNM, Kirtland Air Force Base, the Albuquerque International Sunport, and I-25.All 3 apartments have been modernized with care and an eye for resident comfort. Classic, well-preserved vintage finishes have been thoughtfully combined with all the right amenities -like in unit washer / dryers, very private yard spaces, updated fixtures and finishes, garages, carport spaces, & bonus storage.

Multi Family Home for sale in 87131, NM:

This property is ideally located in Downtown Albuquerque, within walking distance to downtown/old town breweries, specialty coffee shops, restaurants, grocery stores, major bus routes, and the city's primary courthouses. Tucked behind a classic white picket fence, this unique fourplex offers charm and character in a prime location just minutes from the energy of Downtown and Old Town Albuquerque. The unit mix consists of 4 Units: (1) studio unit, (2) 1BR / 1BA units, and a larger main residence with one 2BR / 1BA unit. Alley and on street parking is available to the residents. The property includes a separate laundry room, high speed internet and camera system. Each unit has stunning hardwo