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Updated Quadplex Near UNM
New
For Sale
$510,000

205 Stanford Drive SE, Albuquerque, NM 87106

ResidentialIncome, Albuquerque, NM

Property Size1,000 SF
Lot Size0.16 Acres
Price / SF$510
Days on Market6

Property Features for 205 Stanford Drive SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-ML*
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 1, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4
Appliances FreeStandingGasRange, Refrigerator
Subdivision University Hts Add
Directions From Central & Stanford drive South to property.
Standard status Active
APN 101605709921832111
Size 1,000 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 4860

Utilities

Heating system Ductless (Heating)

Building Details

Year built 1940
Floors in Building 1
Number of units 4
Flooring type Laminate
Building materials Frame, Stucco
Listing Agency: Realty One of New Mexico, LLC
Listed By: John Lucero · License #47657
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 30 at 1:06AM
MLS# 1110079

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 quadplex contains four residential units on a 0.16-acre parcel, with updates throughout and off-street parking. The property includes frame and stucco construction, laminate flooring, ductless heating, freestanding gas ranges, and refrigerators. The room inventory includes four bedrooms and four bathrooms.

Located at 205 Stanford Drive SE in Albuquerque, the property is near the University of New Mexico, Central New Mexico Community College, Nob Hill, shopping, dining, and major transportation routes. Its four-unit configuration supports separate residential accommodations within one multifamily asset.

Key Highlights

  • Four‑unit residential property on a 0.16‑acre parcel
  • Located near UNM, CNM, Nob Hill, shopping, and dining
  • Off‑street parking included

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Kitchen & Bath Showroom Plumbing Service Storage Facility

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,411
Businesses Nearby

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units with off-street parking, updated interiors, and access to University-area amenities.
Where is this quadplex located?
The property is located at 205 Stanford Drive SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Four‑unit residential property on a 0.16‑acre parcel; Located near UNM, CNM, Nob Hill, shopping, and dining; Off‑street parking included
More about this property
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