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Three-Building Apartment Property
For Sale
$899,900

807 8th Street NW, Albuquerque, NM 87102

CommercialSale, Albuquerque, NM

Property SizeContact for details
Lot Size0.20 Acres
Days on Market249

Property Features for 807 8th Street NW

General Information

Property type Commercial Sale
Property subtype Other
Zoning description MX-L*
Parking 13
Directions The property is located on the north side of Lomas NW, the entire city block between 8th St. and Keleher.
Subdivision 80 - Downtown Area
Standard status Active
APN 101405804816633604
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 7215

Building Details

Floors in Building 1
Building materials Frame, Stucco, WoodSiding
Listing Agency: RE/MAX SELECT · RE/MAX International
Listed By: Alice Richards Meyerhoff · License #14006
Added: Feb 10 Changed: Aug 19 Last Checked: Oct 17 at 6:06PM
MLS# 1098616

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.

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Investment Insights

Based on property information with market context.

This apartment property comprises three buildings on a 0.2-acre parcel, including one larger unit, two upstairs loft-style studios, and two detached casita-style buildings. Construction includes frame, stucco, and wood siding. Gas and electric service are separately metered.

The property is located at 807 8th Street NW in Albuquerque, near the intersection of 8th Street and Lomas Boulevard. The detached casita buildings carry the addresses 702 and 702 1/2 Kelleher NW. On-site parking includes 13 spaces.

Key Highlights

  • Three buildings on a 0.2‑acre parcel
  • Unit mix includes one larger unit and two upstairs loft‑style studios
  • Two detached casita‑style buildings at 702 and 702 1/2 Kelleher NW

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A multi-building residential property with separately metered gas and electric service.
Where is this apartment building located?
The property is located at 807 8th Street NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three buildings on a 0.2‑acre parcel; Unit mix includes one larger unit and two upstairs loft‑style studios; Two detached casita‑style buildings at 702 and 702 1/2 Kelleher NW
More about this property
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