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Three-Structure Triplex Property
For Sale
$229,900

120 Veranda Road NW, Albuquerque, NM 87107

ResidentialIncome, Albuquerque, NM

Property SizeContact for details
Lot Size0.27 Acres
Days on Market73

Property Features for 120 Veranda Road NW

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description NR-LM*
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2
Subdivision Monkbridge Add
Directions I-25 & Candelaria - West on Candelaria to 2nd St, North 1 block to Veranda, then East to the property on the right side of the street.
Special listing conditions In Foreclosure
Standard status Active
APN 101406048711241214
Lot size 0.27 Acres

Taxes and HOA fees

Tax Annual Amount 3557

Building Details

Year built 1935
Floors in Building 1
Number of units 3
Flooring type Tile
Building materials Stucco
Listing Agency: Consumer Advantage RE Services
Listed By: Barbara S. Gregus · License #18219
Added: Jun 19 Changed: Aug 27 Last Checked: Aug 30 at 2:06AM
MLS# 1106009

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This triplex property comprises three residential structures on a single 0.27-acre parcel. The improvements feature stucco exteriors and tile flooring, with room information identifying four bedrooms and three bathrooms overall. Built in 1935, the property is offered in its current condition.

The site is in Albuquerque and provides access to major roadways, services, and commercial amenities. The existing layout may support an owner-occupant arrangement with additional residential space, subject to verification of the property’s condition, zoning, permitted uses, and any future development plans.

Key Highlights

  • Three residential structures on a single 0.27‑acre parcel
  • Four bedrooms and three bathrooms identified in the room data
  • Stucco construction with tile flooring

Property Analytics

Current Use

Home Run Construction Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three residential structures occupy one parcel with stucco construction and tile flooring.
Where is this triplex located?
The property is located at 120 Veranda Road NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Three residential structures on a single 0.27‑acre parcel; Four bedrooms and three bathrooms identified in the room data; Stucco construction with tile flooring
More about this property
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