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    2130 Coal Ave Southeast Albuquerque, NM 87106

    For Sale
    $500,000

    Three-unit property in prime Albuquerque location, ideal for investors.

    Property size:
    2,592 SF

    Property Features for 2130 Coal Ave Southeast

    General Information

    Size
    2,592 SF

    Building Details

    Year built
    1940

    Source: Tim Luten Agent Tim Luten

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Albuquerque Multifamily Investment Opportunity

    This Albuquerque property features a 2,592 square foot building with three units, suitable for Multifamily / Low-Rise/Garden investors. Constructed in 1940 and zoned MX-L, the property offers potential for expansion and development. The surrounding Nob Hill neighborhood provides a dynamic environment with local eateries, boutiques, and cultural attractions. Its proximity to the University of New Mexico caters to students, faculty, and residents. The area also benefits from an arts scene, nearby parks, and convenient public transportation, making it an attractive investment prospect.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -106.622526
    Latitude
    35.0747508

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit property in prime Albuquerque location, ideal for investors.
    Where is this multifamily property located?
    The property is located at 2130 Coal Ave Southeast Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime Albuquerque location in the vibrant Nob Hill neighborhood.; - **2,592 SF building with 3 units, ideal for Multifamily / Low-Rise/Garden investors.**; - Zoned MX-L, presenting a compelling opportunity for expansion and development.
    (505) 620-2259
    Request Owner's contact information
    2130 Coal Ave Southeast Albuquerque, NM 87106
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    Albuquerque, NM 87106
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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
    2130 Coal Ave Southeast Albuquerque, NM 87106
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