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    Modern Albuquerque Multifamily Investment Opportunity Title is generated by Realmo AI

    615 Iron Avenue SW, Albuquerque, NM 87102

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    Claim this Listing
    For Sale
    $1,500,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    6,574 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $228/SF
    Added:
    Oct 7, 2021
    Days on Market:
    1725
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 615 Iron Avenue SW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    12
    Bathrooms
    12
    Rooms
    Bathroom 12, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 12, Bathroom 9, Bedroom 8, Bathroom 11, Bathroom 7, Bedroom 4, Bathroom 10, Bedroom 3, Bedroom 10, Bedroom 9, Bathroom 8, Bathroom 3, Bedroom 2, Bedroom 11, Bedroom 7, Bathroom 5, Bathroom 6, Bedroom 6, Bedroom 5, Bathroom 2
    Appliances
    BuiltInGasRange
    Standard status
    Active
    APN
    101405705927520204
    Size
    6,574 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    16575

    Utilities

    Heating system
    Forced Air, Central, Electric (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    2023
    Floors in Building
    3
    Number of units
    6
    Flooring type
    Carpet, Tile, Concrete
    Building materials
    Frame, Stucco

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    Thomas Gallegos
    Thomas Gallegos

    Listing agent Thomas Gallegos License #45240

    Listing office Berkshire Hathaway NM Prop 6711 Academy Rd Ste B, Albuquerque, NM

    Listing date Oct 7, 2021

    MLS# 1102929 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.

    HighLights

    • Modern 6‑unit building built in 2023
    • Built with frame and stucco construction materials
    • 5 of 6 units are currently operating as cash‑flowing Airbnb rentals (per APOD)
    • Appliances include a built‑in gas range
    • Flooring includes concrete, tile, and carpet
    • Heating includes electric (heating), forced air, and central; cooling is ductless

    Overview

    This modern 6-unit building in Albuquerque, New Mexico, presents an investment opportunity. Constructed approximately two years ago, the property showcases quality craftsmanship. Each unit features contemporary finishes and efficient layouts. Currently, 5 of the 6 units are operated as successful Airbnb rentals, offering income potential and cash flow. The property contains 6,574 square feet and is situated on a lot of 0.16 acres. The property is located in the 87102 postal code area of Albuquerque, Bernalillo County, New Mexico.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.655291
    Latitude
    35.080265

    FAQs

    What type of property is this?
    Apartment building - Newer 6-unit building, strong income potential, successful Airbnb rentals.
    Where is this apartment building located?
    The property is located at 615 Iron Avenue SW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Modern 6‑unit building built in 2023; Built with frame and stucco construction materials; 5 of 6 units are currently operating as cash‑flowing Airbnb rentals (per APOD)
    More about this property
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