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    1011 Edith Blvd NE, Unit A-D Albuquerque, NM 87102

    For Sale
    $525,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    3,223 SF
    Lot size:
    0.13 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 1011 Edith Blvd NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Basement, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 1
    Bedrooms
    2
    Bathrooms
    1
    APN
    101405851219643309
    Parking
    4
    Interior features
    CeilingFans
    Appliances
    FreeStandingGasRange, Refrigerator
    Size
    3,223 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Ductless (Heating), Forced Air, Central
    Cooling system
    Ductless, Ceiling Fan(s)

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Wood, Carpet, Vinyl, Laminate
    Building materials
    Adobe, Frame

    Weichert Realtors - Image (505) 314-6181 [email protected]

    Listing agent Peter A Cochran (505) 314-6181 License #20811

    Listing date Nov 11, 2025

    MLS# 1091954 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Albuquerque Fourplex Investment

    This income-producing fourplex in Albuquerque, New Mexico, comprises three separate structures. The property is well-kept and easy to own, offering predictable cash flow with long-term tenants and professional management already in place. Unit A has been recently renovated and is ready for a new tenant, allowing for immediate lease-up at market rates. Each of the four residences features private entries and defined outdoor space. Investment metrics include a CAP rate of 5.92%, a GRM of 9.63, and an IRR of 13.83%. The multi-structure layout supports either a hold-and-collect strategy or light value-add improvements. The property size is 3223 square feet, situated on a lot of approximately 0.13 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.640171
    Latitude
    35.092869

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    FAQs

    What type of property is this?
    Quadplex - Well-kept, income-producing fourplex with long-term tenants and professional management.
    Where is this quadplex located?
    The property is located at 1011 Edith Blvd NE, Unit A-D Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Income-producing 4-plex with long-term tenants and professional management for predictable cash flow.; - Strong investment metrics: 5.92% CAP rate, 9.63 GRM, 13.83% IRR.; - Unit A recently renovated and ready for immediate lease-up at market rates.
    (505) 314-6181
    Request Owner's contact information
    1011 Edith Blvd NE, Unit A-D Albuquerque, NM 87102
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    Albuquerque, NM 87102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1011 Edith Blvd NE, Unit A-D Albuquerque, NM 87102
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