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Turnkey 6-Plex in Albuquerque

426 Towner Avenue NW, Albuquerque, NM 87102

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For Sale

$565,000

MULTI_FAMILY - Albuquerque, NM

Property size:

3,191 SF

Lot size:

0.24 Acres

Price / SF:

$177/SF

HighLights

Turnkey 6‑plex in Albuquerque’s Near North Valley with three separate structures and two units per structure
Per owner’s pro forma: CAP 6.06%, GRM 9.53, and IRR 13.40%
$34,214 NOI listed for the property
Each unit is separately metered for gas and electric
Year built: 1946; construction includes block and frame
Units include a free‑standing gas range and range hood; cooling with window unit(s); flooring includes tile, vinyl, and carpet

We can help!

Contact an agent

Peter A Cochran

For Sale

$565,000

MULTI_FAMILY - Albuquerque, NM

Property size:

3,191 SF

Lot size:

0.24 Acres

Price / SF:

$177/SF

Added:: Dec 2, 2025
Days on Market:: 207
Last Refresh:: Jun 27 at 1:06 am

Property Features for 426 Towner Avenue NW

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 6
Bathrooms: 6
Rooms: Bathroom 6, Bedroom 2, Bedroom 3, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 5, Bathroom 4, Bedroom 4
Parking: 6
Appliances: FreeStandingGasRange, RangeHood
Standard status: Active
APN: 101405927228422138
Size: 3,191 SF
Lot size: 0.24 Acres

Taxes and HOA fees

Tax Annual Amount: 2181

Utilities

Cooling system: Window Unit(s)

Building Details

Year built: 1946
Floors in Building: 1
Number of units: 6
Flooring type: Tile, Vinyl, Carpet
Building materials: Block, Frame

We can help!

Contact an agent

Peter A Cochran

Listing agent Peter A Cochran License #20811

Listing office Weichert, Realtors Image 6705 Academy Rd NE Suite A, Albuquerque, NM

Listing date Dec 2, 2025

MLS# 1095527 Listing URL

HighLights

Turnkey 6‑plex in Albuquerque’s Near North Valley with three separate structures and two units per structure
Per owner’s pro forma: CAP 6.06%, GRM 9.53, and IRR 13.40%
$34,214 NOI listed for the property
Each unit is separately metered for gas and electric
Year built: 1946; construction includes block and frame
Units include a free‑standing gas range and range hood; cooling with window unit(s); flooring includes tile, vinyl, and carpet

Overview

This turnkey 6-plex is located in Albuquerque's Near North Valley. The property consists of three separate structures, each containing two units. The property is professionally managed, fully stabilized, and occupied. The residences are clean and well-kept, featuring private entries and practical layouts. Each unit is separately metered for gas and electric. The location is close to employment, transit, and amenities, supporting steady demand and market-rate rent growth. The property size is 3191 square feet, situated on a lot of 0.24 acres. The property has a history of low vacancy rate and high demand. It is ideal for investors seeking reliable cash flow with low day-to-day involvement.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

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Local Demand

City: Albuquerque
County: Sandoval
State: New Mexico
Longitude: -106.64794
Latitude: 35.109719

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For sale
Apartment buildings
NM
Albuquerque
87102
426 Towner Avenue NW

What type of property is this?

Apartment building - Fully occupied 6-plex with low vacancy and high demand.

Where is this apartment building located?

The property is located at 426 Towner Avenue NW Albuquerque, NM.

What is the asking price?

The asking price for this property is $565,000.

What are key features of this property?

This property features: Turnkey 6‑plex in Albuquerque’s Near North Valley with three separate structures and two units per structure; Per owner’s pro forma: CAP 6.06%, GRM 9.53, and IRR 13.40%; $34,214 NOI listed for the property

426 Towner Avenue NW, Albuquerque, NM 87102

MULTI_FAMILY - Albuquerque, NM

Property Features for 426 Towner Avenue NW

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Prime Albuquerque Retail Portfolio

Renovated 8-Unit Apartment Complex

Assisted Living Residential Facility

Albuquerque Multifamily Investment Opportunity

Soft-Gated Multifamily Community

Climate-Controlled Flex Warehouse with Bay Door

South Valley Investment Opportunity

Restored Adobe Duplex Property

Albuquerque Fourplex with Laundry

UNM Area Apartment Complex

Turnkey Assisted Living Facility

Albuquerque Multifamily Investment Opportunity

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