Zoned MX-L Duplex with Two
913 5th Street NW Albuquerque, NM 87102
913 5th Street NW, Albuquerque, NM, 87102
$299,900
For Sale
$299,900
MULTI_FAMILY - Albuquerque, NM
Property Size1,343 SF
Lot Size0.11 Acres
Price / SF$223.31
Days on Market9
Property Features for 913 5th Street NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 2
- Standard status
- Active
- APN
- 101405817723535107
- Size
- 1,343 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3505
Utilities
- Heating system
- Forced Air, Central
Building Details
- Year built
- 1936
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- Block, Frame, Stucco
Listing Agency
EXP Realty LLC
(505) 554-3873
100 Sun Avenue #650, Albuquerque, NM
Listed by
Alex Cordova · License #50012
(505) 730-0397
Added: Jul 9 Checked: Jul 17 at 8:06 am
MLS# 1107383
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.
For sale is a 1936 duplex at 913 5th Street NW in Albuquerque, NM 87102. The property features two separate single-level units, each with two bedrooms and one bathroom. Interiors include tile flooring and a layout designed for comfortable everyday living.
The duplex is zoned MX-L (Mixed-Use Low Intensity). The listing highlights flexibility for buyers looking to live in one unit and lease or utilize the other, subject to zoning and applicable regulations.
Set on an approximately 0.11-acre lot, the property totals about 1,343 square feet. Buyers are advised to verify all intended uses with the City of Albuquerque.
The duplex is zoned MX-L (Mixed-Use Low Intensity). The listing highlights flexibility for buyers looking to live in one unit and lease or utilize the other, subject to zoning and applicable regulations.
Set on an approximately 0.11-acre lot, the property totals about 1,343 square feet. Buyers are advised to verify all intended uses with the City of Albuquerque.
Key Highlights
- 1936 duplex with two units, each with 2 bedrooms and 1 bathroom
- MX‑L (Mixed‑Use Low Intensity) zoning—buyer to verify intended uses with the City of Albuquerque and applicable regulations
- Block, frame, and stucco construction
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 | $18.5k | $13.80 |
| − Vacancy | −$1.0k | −$0.76 |
| EGI | $17.5k | $13.04 |
| − OpEx | −$5.3k | −$3.91 |
| NOI | $12.3k | $9.13 |
1,343 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$175.1K
$153.3K – $204.3K
NOI $12,260 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$162.1K
$141.8K – $189.1K
NOI $11,344 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$324.9K
$284.3K – $379.1K
NOI $22,743 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Law Office of Anita ...
Law Firm
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FAQs
What type of property is this?
Duplex - 1936-built duplex offering two single-level 2-bedroom, 1-bath units, zoned MX-L, for sale near Downtown Albuquerque.
Where is this duplex located?
The property is located at 913 5th Street NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1936 duplex with two units, each with 2 bedrooms and 1 bathroom; MX‑L (Mixed‑Use Low Intensity) zoning—buyer to verify intended uses with the City of Albuquerque and applicable regulations; Block, frame, and stucco construction
