220 Princeton Dr SE Albuquerque, NM 87106
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Fourplex near UNM and CNM with strong investment potential.
Type:Multifamily
- Added:
- Feb 25, 2026
- Days on Market:
- 39
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 220 Princeton Dr SE
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1936
Listing agent Todd Clarke License #13711
Listing office N.M. Apartments, Inc. (505) 440-8633
Listing date Feb 25, 2026
Source Crexi
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.
Overview
University Area Fourplex Opportunity
This University area fourplex, located at 220 Princeton SE, offers a total of four units. The units include a detached casita efficiency, two unique one-bedroom/one-bathroom units, and a larger two-bedroom apartment in the main house. The property has an inviting community feel with a central, secured outdoor living space shared amongst the residents. It provides quick and easy access to UNM, CNM, Smith’s grocery store, and numerous Nob Hill retail shops and restaurants. The property is positioned to benefit from the citywide expansion of Netflix, Facebook, Intel, and Amazon, as well as major announcements of new employment, potentially leading to appreciation and rent growth. The property is within walking distance to UNM and CNM, Smith’s grocery store and dozens of retail and restaurants. The property is suitable for families looking to control their housing situation and minimize rent increases while being close to campus.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.615448
- Latitude
- 35.0777276
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fourplex near UNM and CNM with strong investment potential.
Where is this quadplex located?
The property is located at 220 Princeton Dr SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Prime University Area Location: **Only 437 steps to UNM**, offering unparalleled convenience.; Strong Investment Performance: Features an **11.18 GRM** and a **6.13% cap rate** before reserves.; Diverse Unit Mix: Includes a detached casita efficiency, two one‑bedroom units, and a two‑bedroom apartment.
