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Updated Four-Unit Quadplex
For Sale
$510,000

205 Stanford Dr SE, Albuquerque, NM 87106

Four updated residences with off-street parking near UNM, CNM, Nob Hill, shopping, and dining.

Property Size1,000 SF
Price / SF$510
Days on Market48

Property Features for 205 Stanford Dr SE

General Information

Standard status Active
Size 1,000 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1940
Listing Agency: Coldwell Banker Legacy
Listed By: Missy Ashcraft
Source: Missyashcraft
Added: Aug 30 Changed: Oct 15 Last Checked: Oct 14 at 10:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Legacy

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Investment Insights

Based on property information with market context.

This four-unit residential income property was built in 1940 and includes updated units configured within a quadplex layout. Off-street parking provides on-site convenience for residents, while the four-residence arrangement supports separate occupancy within one property.

The property is located at 205 Stanford Dr SE in Albuquerque’s University area, with proximity to UNM, CNM, Nob Hill, shopping, dining, and major transportation routes. The surrounding context connects the property with established educational, retail, dining, and transportation destinations.

Key Highlights

  • Four‑unit quadplex configuration
  • Updated residential units
  • Off‑street parking

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Kitchen & Bath Showroom Plumbing Service Storage Facility

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,411
Businesses Nearby

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four updated residences with off-street parking near UNM, CNM, Nob Hill, shopping, and dining.
Where is this quadplex located?
The property is located at 205 Stanford Dr SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; Updated residential units; Off‑street parking
More about this property
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