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    UNM Area Apartment Complex

    2104 Lead Avenue SE Albuquerque, NM 87106

    2104 Lead Avenue SE, Albuquerque, NM, 87106
    $619,887
    For Sale
    Claim this Listing
    $619,887

    MULTI_FAMILY - Albuquerque, NM

    Property Size2,670 SF
    Lot Size0.16 Acres
    Price / SF$232.17
    AddedMay 29
    Days on Market47
    Last RefreshJul 14 at 4:06 pm

    Property Features for 2104 Lead Avenue SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    1
    Bathrooms
    2
    Rooms
    Bedroom 1, Bathroom 2, Bathroom 1
    Appliances
    Refrigerator
    Standard status
    Active
    APN
    101505747717341720
    Size
    2,670 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    Lot 2 Block 4 Buena Vista Heights Addn
    Tax Annual Amount
    1941

    Utilities

    Cooling system
    Ductless

    Building Details

    Year built
    1936
    Floors in Building
    3
    Number of units
    8
    Flooring type
    Vinyl, Carpet
    Building materials
    Frame, Stucco

    Listing agent Todd D Clarke License #13711

    Listing office NM Apartment Advisors, Inc. 524 Central Ave. SW Suite 801, Albuquerque, NM

    Listing date May 29, 2026

    MLS# 1104393 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.

    Investment Insights

    Based on property information with market context.

    This eight-unit apartment complex is located in the UNM area, offering convenient access to CNM, UNM, Presbyterian Hospital, I-25, Nob Hill, and Roosevelt Park. The property features fluid access from Lead Avenue and a well-maintained alley to the south. Ample parking is available next to unit entries. The complex includes six studios in a three-story building and two one-bedroom apartments in a single-story duplex. The buildings have been updated for energy efficiency and resident comfort. The property size is 2670 square feet on a lot of 0.16 acres.

    Key Highlights

    • Multi‑family complex with 6 studios in a 3‑story building plus 2 separate 1‑bedroom apartments in a single‑story duplex
    • After‑tax internal rate of return of 17.1% with cap rate of 6.54% and GRM of 8.61 (at $619,887 ask price)
    • Average rent reported as $750, with $232 price per SF and $77,846 price per unit

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Building Supply Auto Parts Store Nail Salon Electrical Service Furniture & Home Goods Kitchen & Bath Showroom HVAC Service Storage Facility Home Appliance Store Plumbing Service

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

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit apartment complex near UNM, CNM, and Presbyterian Hospital.
    Where is this apartment building located?
    The property is located at 2104 Lead Avenue SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $619,887.
    What are key features of this property?
    This property features: Multi‑family complex with 6 studios in a 3‑story building plus 2 separate 1‑bedroom apartments in a single‑story duplex; After‑tax internal rate of return of 17.1% with cap rate of 6.54% and GRM of 8.61 (at $619,887 ask price); Average rent reported as $750, with $232 price per SF and $77,846 price per unit
    Contact an agent
    (505) 440-8633
    We can help!
    Contact an agent
    Todd D Clarke
    Todd D Clarke
    Real Estate License ID: 13711
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