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Eight-Unit Apartment Building
For Sale
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517/521 Indiana Street SE, Albuquerque, NM 87108

For sale eight-unit multifamily property at 517/521 Indiana Street SE in Albuquerque.

Property SizeContact for details
Days on Market125

Property Features for 517/521 Indiana Street SE

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8
Listing Agency: SVN | Walt Arnold Commercial Brokerage, Inc.
Listed By: Tim Luten · License #NM 2469
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:02AM

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 SVN | Walt Arnold Commercial Brokerage, Inc.

Investment Insights

Based on property information with market context.

This for-sale multifamily property consists of an eight-unit apartment building at 517/521 Indiana Street SE in Albuquerque, New Mexico. The offering is structured as eight separate units within a single residential income building.

The property is listed under transaction type for sale, and the public remarks reference a unit price of $52,500. The building’s configuration is therefore focused on delivering eight dwelling units as part of one combined asset.

Additional property features, unit mix details, and interior or exterior condition information are not provided in the supplied materials, so interested parties should request full financials and property documentation to confirm operating parameters and tenancy status.

Key Highlights

  • Eight‑unit multifamily property for sale at 517/521 Indiana Street SE in Albuquerque
  • $52,500 per unit (per PublicRemarks)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Florist

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

945
Businesses Nearby

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
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?
Apartment building - For sale eight-unit multifamily property at 517/521 Indiana Street SE in Albuquerque.
Where is this apartment building located?
The property is located at 517/521 Indiana Street SE Albuquerque, NM.
What are key features of this property?
This property features: Eight‑unit multifamily property for sale at 517/521 Indiana Street SE in Albuquerque; $52,500 per unit (per PublicRemarks)
(505) 620-2259 Call to check price and availability
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