Tri-Plex With Private
For Sale
$549,000
508 Walter Street SE, Albuquerque, NM 87102
MULTI_FAMILY - Albuquerque, NM
Property Size1,372 SF
Lot Size0.12 Acres
Price / SF$400.15
Days on Market97
Property Features for 508 Walter Street SE
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
MX-T*
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Patio and Porch features
Patio
Interior features
CeilingFans
Exterior features
Lighting, Patio
Appliances
Dryer, Dishwasher, FreeStandingGasRange, Refrigerator, Washer
Subdivision
Highland Add
Directions
I-25 to west to lead, south on Walter to property on east side.
Standard status
Active
APN
101405747121543413
Size
1,372 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
6009
Utilities
Heating system
Electric (Heating), Ductless (Heating)
Cooling system
Ceiling Fan(s), Multi Units
Amenities
private entrances
fenced yard
Building Details
Year built
1901
Floors in Building
1
Number of units
3
Flooring type
Carpet
Listing Agency:
EXP Realty LLC
(505) 554-3873
Listed By:
Gabriel J Alarid · License #50351
(505) 470-9534
Added: May 7
Changed: Aug 2
Last Checked: Aug 11 at 10:06PM
MLS# 1106259
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 tri-plex offers three one-bedroom, one-bath apartments, each with its own private entrance. The property includes off-street parking, a fenced yard, and a patio. Interior features include ceiling fans, while the exterior offers lighting and patio space for tenant use.
Each unit is equipped with in-unit appliances including a washer, dryer, dishwasher, refrigerator, and a free-standing gas range. Heating is provided by electric heating and ductless systems, and cooling is supported by ceiling fans. Flooring is listed as carpet.
Built in 1901, the property totals 1,372 square feet on a 0.12-acre lot. It is located near Downtown, UNM, and Nob Hill, offering convenient access to major employment and entertainment areas in Albuquerque, NM.
Each unit is equipped with in-unit appliances including a washer, dryer, dishwasher, refrigerator, and a free-standing gas range. Heating is provided by electric heating and ductless systems, and cooling is supported by ceiling fans. Flooring is listed as carpet.
Built in 1901, the property totals 1,372 square feet on a 0.12-acre lot. It is located near Downtown, UNM, and Nob Hill, offering convenient access to major employment and entertainment areas in Albuquerque, NM.
Key Highlights
- Three one‑bedroom, one‑bath apartments with private entrances
- Off‑street parking plus fenced yard
- 1,372 SF total area on a 0.12‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Explore this area
Business Placement
Demographics for 87102, NM
20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Turn-key tri-plex with three one-bedroom, one-bath units, private entrances, and off-street parking with a fenced yard.
Where is this triplex located?
The property is located at 508 Walter Street SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bath apartments with private entrances; Off‑street parking plus fenced yard; 1,372 SF total area on a 0.12‑acre lot
