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Downtown Albuquerque Fourplex For Sale

907 Coal Avenue SW Albuquerque, NM 87102

907 Coal Avenue SW, Albuquerque, NM, 87102
$530,000
For Sale
Claim this Listing
$530,000

MULTI_FAMILY - Albuquerque, NM

Property Size3,135 SF
Lot Size0.15 Acres
Price / SF$169.06
AddedFeb 18
Days on Market147
Last RefreshJul 15 at 9:06 am

Property Features for 907 Coal Avenue SW

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Rooms
Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 3
Parking
4
Patio and Porch features
Patio
Interior features
CeilingFans
Exterior features
Patio
Appliances
Dryer, FreeStandingGasRange, Refrigerator, Washer
Standard status
Active
APN
101305748332911805
Size
3,135 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Description
East 10' of Lot F, All of Lot G, Block 34, Strong Bennett Subdivision
Tax Annual Amount
8561

Utilities

Heating system
Forced Air
Cooling system
Ceiling Fan(s)

Building Details

Year built
1916
Floors in Building
2
Number of units
4
Flooring type
Tile, Wood, Vinyl
Building materials
Frame, Stucco, WoodSiding

Listing agent Kyle E Deacon License #15579

Listing office Deacon Property Services 4308 Carlisle Blvd NE Ste. 102, Albuquerque, NM

Listing date Feb 18, 2026

MLS# 1098715 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.


Investment Insights

Based on property information with market context.

This fourplex is located within walking distance of downtown Albuquerque's restaurants, shops, and cultural amenities. It is also a short bike ride from the Old Town Plaza, three area hospitals, and the UNM/CNM campuses. The property contains two large two-bedroom units, one with a washer/dryer included and one with hookups. Additionally, there is a small one-bedroom apartment on the second floor and a medium-sized two-bedroom casita that includes a washer/dryer. Each apartment offers a unique floor plan with eclectic character touches and updates. The property is situated on a lot of 0.15 acres and the building size is 3135 square feet.

Key Highlights

  • Downtown Albuquerque fourplex built in 1916
  • Two large 2‑bedroom units, including one with washer/dryer and one with washer/dryer hookups
  • Additional 1‑bedroom 2nd‑floor apartment and a 2‑bedroom casita

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $43.3k $13.80
− Vacancy −$2.4k −$0.76
EGI $40.9k $13.04
− OpEx −$12.3k −$3.91
NOI $28.6k $9.13
3,135 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$408.8K
$357.7K – $477.0K (±1% cap)
NOI $28,618 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$378.3K
$331.0K – $441.3K (±1% cap)
NOI $26,480 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$758.4K
$663.6K – $884.8K (±1% cap)
NOI $53,089 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Carpet & Flooring Store Home Appliance Store Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service

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

FAQs

What type of property is this?
Quadplex - Fourplex near downtown Albuquerque restaurants, shops, and cultural amenities.
Where is this quadplex located?
The property is located at 907 Coal Avenue SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Downtown Albuquerque fourplex built in 1916; Two large 2‑bedroom units, including one with washer/dryer and one with washer/dryer hookups; Additional 1‑bedroom 2nd‑floor apartment and a 2‑bedroom casita
Contact an agent
More about this property
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