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Duplex with Two Separate Units

917 8th Street SW Albuquerque, NM 87102

New
917 8th Street SW, Albuquerque, NM, 87102
$325,000
For Sale
$325,000

MULTI_FAMILY - Albuquerque, NM

Property Size1,740 SF
Lot Size0.12 Acres
Price / SF$186.78
Days on Market2

Property Features for 917 8th Street SW

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2
Interior features
CeilingFans
Fireplace
1
Appliances
Dishwasher, FreeStandingElectricRange, Microwave, Refrigerator
Standard status
Active
APN
101305751213041711
Size
1,740 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Annual Amount
2463

Utilities

Heating system
Forced Air, Ductless (Heating)
Cooling system
Ductless, Ceiling Fan(s)

Building Details

Year built
1966
Floors in Building
1
Number of units
2
Flooring type
Carpet, Wood, Tile
Building materials
Frame
Listing agency Keller Williams Realty
Listed by The Staton Group Homes · License #47454
Added: Jul 20 Checked: Jul 21 at 3:06PM
MLS# 1107610

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 duplex includes two separate living units. The main home features three bedrooms, two living areas, and a breakfast nook, along with a private side yard and newly updated primary shower tile. The second unit is a modern studio-style layout with a kitchenette, laundry hookups, and flexible living space. Additional off-unit storage is provided by a large storage shed. The property is listed for sale as a single duplex offering totaling 1,740 square feet on a 0.12-acre lot.

Located at 917 8th Street SW in Albuquerque, New Mexico 87102 (Bernalillo County), the property offers straightforward multi-unit living with two independent unit layouts.

Key Highlights

  • Two separate living units for multi‑generational living or rental income
  • Main home: 3 bedrooms with 2 living areas and a breakfast nook
  • Second unit: studio‑style layout with kitchenette and laundry hookups

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 $24.0k $13.80
− Vacancy −$1.3k −$0.76
EGI $22.7k $13.04
− OpEx −$6.8k −$3.91
NOI $15.9k $9.13
1,740 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$226.9K
$198.6K – $264.7K (±1% cap)
NOI $15,884 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$210.0K
$183.7K – $245.0K (±1% cap)
NOI $14,697 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$420.9K
$368.3K – $491.1K (±1% cap)
NOI $29,466 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Carpet & Flooring Store Locksmith Butcher Home Appliance Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store

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

FAQs

What type of property is this?
Duplex - Two-unit residential property with a 3-bedroom main home and a studio-style second unit.
Where is this duplex located?
The property is located at 917 8th Street SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two separate living units for multi‑generational living or rental income; Main home: 3 bedrooms with 2 living areas and a breakfast nook; Second unit: studio‑style layout with kitchenette and laundry hookups
Contact an agent
More about this property
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