Downtown Duplex with Multiple Income
For Sale
Contact for pricing
621 Edith SE, Albuquerque, NM 87102
Seven-unit multifamily package across three Albuquerque locations, including duplex and back-to-back residences.
Property SizeContact for details
Days on Market124
Property Features for 621 Edith SE
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
6.51%
Multifamily Units
7
Listing Agency:
N.M. Apartments, Inc.
(505) 440-8633
Listed By:
Todd Clarke · License #13711
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 8:06PM
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.
Investment Insights
Based on property information with market context.
This for-sale multifamily offering consists of seven units across three separate locations. One property is a downtown duplex at 621 Edith SE, featuring a 1,650-square-foot residence built in 1926 with an additional new, unfinished residence out front. The remaining properties are located in the International District and include back-to-back three-bedroom residences at 348 Dallas SE / 345 Pennsylvania SE, plus two houses at 324 Pennsylvania SE.
The downtown asset and the International District properties are each situated on their own lots, with the International District properties located near the neighboring parcel noted in the remarks. Seller is open to financing terms as described in the public remarks.
The package is described as seven total units, providing multiple income-producing structures within the broader Albuquerque EDO and International District area.
The downtown asset and the International District properties are each situated on their own lots, with the International District properties located near the neighboring parcel noted in the remarks. Seller is open to financing terms as described in the public remarks.
The package is described as seven total units, providing multiple income-producing structures within the broader Albuquerque EDO and International District area.
Key Highlights
- Seven‑unit multifamily package across three Albuquerque locations: 621 Edith, 348/345 Dallas & Pennsylvania SE, and 324 Pennsylvania SE
- 621 Edith downtown duplex: new unfinished residence out front; 1,650 SF; built in 1926; 0.16‑acre lot
- International District parcel at 348 Dallas SE / 345 Pennsylvania SE: two back‑to‑back 3‑bedroom residences on a 0.18‑acre lot; built in 1980
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
395
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit multifamily package across three Albuquerque locations, including duplex and back-to-back residences.
Where is this apartment building located?
The property is located at 621 Edith SE Albuquerque, NM.
What are key features of this property?
This property features: Seven‑unit multifamily package across three Albuquerque locations: 621 Edith, 348/345 Dallas & Pennsylvania SE, and 324 Pennsylvania SE; 621 Edith downtown duplex: new unfinished residence out front; 1,650 SF; built in 1926; 0.16‑acre lot; International District parcel at 348 Dallas SE / 345 Pennsylvania SE: two back‑to‑back 3‑bedroom residences on a 0.18‑acre lot; built in 1980
