615 Iron Avenue SW Albuquerque, NM 87102
MULTI_FAMILY - Albuquerque, NM
Property size:
6,148 SFLot size:
0.16 AcresPrice / SF:
$256/SF- Added:
- Oct 7, 2021
- Days on Market:
- 1667
- Last Refresh:
- Apr 30 at 6:06 am
Property Features for 615 Iron Avenue SW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 12
- Bathrooms
- 12
- Rooms
- Bathroom 7, Bedroom 11, Bedroom 1, Bathroom 6, Bathroom 9, Bathroom 11, Bedroom 4, Bathroom 3, Bedroom 10, Bathroom 2, Bedroom 5, Bathroom 8, Bedroom 12, Bathroom 10, Bathroom 4, Bedroom 6, Bathroom 12, Bedroom 2, Bedroom 8, Bedroom 7, Bathroom 1, Bathroom 5, Bedroom 9, Bedroom 3
- Appliances
- BuiltInGasRange
- Standard status
- Active
- APN
- 101405705927520204
- Size
- 6,148 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 588
Utilities
- Heating system
- Forced Air, Central, Electric (Heating)
Building Details
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Concrete, Carpet, Tile
- Building materials
- Frame, Stucco
Listing agent Thomas Gallegos License #45240 (505) 261-8687
Listing office Berkshire Hathaway NM Prop 6711 Academy Rd Ste B, Albuquerque, NM (505) 798-6300
Listing date Oct 7, 2021
MLS# 1003217
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.
Overview
Modern Albuquerque Multifamily Investment Property
This modern 6-unit building, constructed two years ago, presents an investment opportunity. The property features quality craftsmanship and delivers a cap rate. Each unit is designed with contemporary finishes and efficient layouts. Currently operated as Airbnb rentals, this property offers income potential and cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value. Five of the six units are currently cash-flowing Airbnb units. The property is located in Albuquerque, New Mexico, with a lot size of 0.16 acres and a building size of 6148 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.655292
- Latitude
- 35.08028
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Newer 6-unit building, high cap rate, strong income potential.
Where is this apartment building located?
The property is located at 615 Iron Avenue SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: High‑performing, cash‑flowing Airbnb investment property with proven income potential.; Newer construction (2 years old) minimizes maintenance and maximizes long‑term value.; Turnkey operation, ideal for investors seeking immediate cash flow in a thriving short‑term rental market.
