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Remodeled Duplex With Occupied Units
For Sale
$250,000

633 Grove Street SE, Albuquerque, NM 87108

ResidentialIncome, Albuquerque, NM

Property SizeContact for details
Lot Size0.16 Acres
Days on Market99

Property Features for 633 Grove Street SE

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-1A*
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Security features Security
Appliances Dishwasher, FreeStandingGasRange, Refrigerator
Directions From the intersection of I-40 and Louisiana, go SOUTH past Central, go EAST on Southern, then turn LEFT onto Grove to 633.
Subdivision 71 - Southeast Heights
Standard status Active
APN 101905618335120605
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 1068

Utilities

Heating system Ductless (Heating)
Cooling system Ductless

Building Details

Year built 1957
Floors in Building 1
Number of units 2
Flooring type Tile
Building materials Brick
Listing Agency: Keller Williams Realty
Listed By: The Venegas Group · License #2013009293
Added: Jun 4 Changed: Aug 19 Last Checked: Sep 10 at 12:06PM
MLS# 1105198

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.

Located at 633 Grove Street SE in Albuquerque, this duplex contains two remodeled residential units with tenants already in place. The property occupies 0.16 acres and was built in 1957, with brick construction and tile flooring. Each residence is equipped with a dishwasher, freestanding gas range, and refrigerator.

Ductless systems provide both heating and cooling. The property is near shopping, dining, schools, and major transportation routes, while its Albuquerque location places it within Bernalillo County and ZIP Code 87108. The existing occupancy and updated interiors provide a defined residential income property configuration for continued ownership.

Key Highlights

  • Two‑unit duplex with tenants in place
  • Remodeled interiors with tile flooring
  • 0.16‑acre property built in 1957

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hair Salon Skin Care Clinic Nail Salon

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated residences are occupied and feature brick construction, tile flooring, and ductless heating and cooling.
Where is this duplex located?
The property is located at 633 Grove Street SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex with tenants in place; Remodeled interiors with tile flooring; 0.16‑acre property built in 1957
More about this property
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