715 Fruit NW, Albuquerque, NM 87102

Building Details

Year Built

1916

Listing office N.M. Apartments, Inc. t***@nmapartment.com Show Phone

Listing date Jun 9, 2026

Source Crexi

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Overview

This well-presented fourplex features a compact, character-filled layout with a studio unit, two 1BR/1BA units, and a larger main residence containing one 2BR/1BA unit. Units include hardwood floors, and the front units feature vaulted ceilings. Residents have access to an on-site, separate laundry room, along with high-speed internet and a camera system. Parking is available via alley and on-street options.

The property is tucked behind classic white picket fencing and is described as being well located with walking distance to the downtown core and biking distance to Old Town Plaza.

For tenants or buyers seeking a small multifamily with a varied unit mix, the configuration supports multiple lifestyle needs, from studio living through a larger 2BR/1BA main residence. The combination of in-building laundry and unit finishes such as hardwood floors and vaulted ceilings can be helpful for day-to-day usability and resident appeal. The alley and on-street parking setup provides straightforward options for resident vehicles.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Albuquerque

County

Sandoval

State

New Mexico

Longitude

-106.6547952

Latitude

35.0906061

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FAQs

What type of property is this?

Quadplex - Fourplex with a studio, two 1BR/1BA units, and a 2BR/1BA main residence plus separate laundry and resident parking.

Where is this quadplex located?

The property is located at 715 Fruit NW Albuquerque, NM.

What is the asking price?

The asking price for this property is $555,555.

What are key features of this property?

This property features: Downtown Albuquerque fourplex built in 1916 with 4 units: 1 studio, two 1BR/1BA, and one 2BR/1BA main residence; Average rent listed as $981 with a GRM of 11.80 and cap rate of 5.40% at the ask price of $555,555; Investment metrics at the ask price include $208.86 price per SF and $138,889 price per unit, with after‑tax IRR of 10.51%