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Three-Building Apartment Property
For Sale
$990,000

807 8th St Nw, Albuquerque, NM 87102

Includes loft-style studios, detached casita-style properties, and separate gas and electric metering.

Property Size3,201 SF
Price / SF$309.28
Days on Market193

Property Features for 807 8th St Nw

General Information

Standard status Active
Size 3,201 SF
Total Parking Spaces 13
Property subtype Residential Income

Units

Unit Mix 1 x larger unit, 2 x loft studio, 2 x casita
Multifamily Units 5

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $7,214

Building Details

Buildings 3
Construction casita style
Listing Agency: RE/MAX SELECT
Listed By: Alice Richards Meyerhoff · License #14006
Source: Exprealty
Added: Feb 20 Changed: Aug 30 Last Checked: Aug 31 at 6:25PM

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 RE/MAX SELECT

Investment Insights

Based on property information with market context.

This 3,201-square-foot apartment property includes three buildings with a varied configuration. The improvements include one larger unit, two upstairs loft-area studios, and two detached casita-style properties. Gas and electric service are separately metered.

The property includes 13 parking spaces and is positioned at 8th St and Lomas in Albuquerque. The detached properties carry 702 and 702 1/2 Kelleher NW addresses, providing a multi-building layout across the site.

Key Highlights

  • 3,201 SF across 3 total buildings
  • 13 parking spaces
  • One larger unit and 2 upstairs loft‑area studios

Property Analytics

Current Use

Kolowisi Sculpture

Suggested Use

Top Pick Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Mobile Phone Store Nursing Home

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

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,402
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Includes loft-style studios, detached casita-style properties, and separate gas and electric metering.
Where is this apartment building located?
The property is located at 807 8th St Nw Albuquerque, NM.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 3,201 SF across 3 total buildings; 13 parking spaces; One larger unit and 2 upstairs loft‑area studios
More about this property
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