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    301 Grove St NE Albuquerque, NM 87108

    Sponsored
    For Sale
    $370,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    3,035 SF
    Lot size:
    0.16 Acres
    Days on Market:
    26
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 301 Grove St NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3
    Bedrooms
    1
    Bathrooms
    1
    APN
    101905719020632548
    Parking
    2
    Exterior features
    Lighting
    Appliances
    FreeStandingGasRange, Refrigerator, RangeHood
    Size
    3,035 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air, Central

    Building Details

    Year built
    1979
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Tile, Carpet
    Building materials
    Stucco, WoodSiding

    Keller Williams Realty - Albuquerque (505) 271-8200 [email protected]

    Listing agent Elevated Edge Real Estate Group (505) 907-9799

    Listing date Dec 16, 2025

    MLS# 1095761 Listing URL

    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.

    Overview

    Albuquerque Multi-Family Income Opportunity

    This four-unit property at 301 Grove Street NE, Albuquerque, NM 87108, offers income potential. The layout includes one 1-bedroom, 1-bathroom unit, two 2-bedroom, 1-bathroom units, and one 3-bedroom, 1-bathroom unit, all designed for ease of maintenance and rental. The property features a mix of upstairs and downstairs units, durable flooring without carpet, and simple upkeep. Tenants benefit from convenient parking, proximity to the fairgrounds, and quick access to nearby amenities. A community laundry room is equipped with washer and dryer hookups. Situated on a 0.16-acre lot, the property encompasses 3,035 square feet. The location provides practicality and opportunity for expanding or starting an investment portfolio. The property is located in Bernalillo County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.562322
    Latitude
    35.078302

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with strong income potential in a prime location.
    Where is this quadplex located?
    The property is located at 301 Grove St NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: - Strong income potential as a 4-plex with a mix of unit sizes (1 bed, 2 bed, and 3 bed).; - Low-maintenance design with durable flooring (tile, no carpet) and simple upkeep.; - Convenient location near the fairgrounds and nearby amenities.
    (505) 907-9799
    Request Owner's contact information
    301 Grove St NE Albuquerque, NM 87108
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    Albuquerque, NM 87108
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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
    301 Grove St NE Albuquerque, NM 87108
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