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Townhouse-Style Quadplex
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209 Hanosh Ct SE, Albuquerque, NM 87123

Four-unit residential income property with private outdoor areas, front-door parking, and two recently remodeled residences.

Property SizeContact for details
Days on Market140

Property Features for 209 Hanosh Ct SE

General Information

Standard status Active
Property subtype Multifamily

Financials

Asking Price $340,000
Cap Rate 6.63%
Gross Rent Multiplier 9.21
Average Monthly Rent $769

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 4

Amenities

private backyard/courtyards
Listing Agency: N.M. Apartments, Inc.
Listed By: Todd Clarke · License #13711
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:23PM

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 N.M. Apartments, Inc.

Investment Insights

Based on property information with market context.

This four-unit residential property includes two matching townhouse-style residences, each configured with two bedrooms and 1.5 bathrooms. The average unit measures 906 square feet, and two of the four units have undergone recent remodeling. Private backyard or courtyard areas serve each residence, while parking is available directly at the front doors.

The property occupies a cul-de-sac location at 209 Hanosh Ct SE in Albuquerque’s East Gateway submarket. It provides access to the Sandia Mountain Foothills, Interstate-40, and the retail and restaurant corridor along historic Route 66 between Tramway and Wyoming. The configuration combines townhouse-style layouts with outdoor space and convenient on-site parking within a fourplex format.

Key Highlights

  • Four‑unit property with an average unit size of 906 sf
  • Two matching townhouse‑style units offer two bedrooms and 1.5 bathrooms each
  • Private backyard or courtyard areas for each residence

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center 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

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four-unit residential income property with private outdoor areas, front-door parking, and two recently remodeled residences.
Where is this quadplex located?
The property is located at 209 Hanosh Ct SE Albuquerque, NM.
What are key features of this property?
This property features: Four‑unit property with an average unit size of 906 sf; Two matching townhouse‑style units offer two bedrooms and 1.5 bathrooms each; Private backyard or courtyard areas for each residence
(505) 440-8633 Call to check price and availability
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