Albuquerque, NM Residential Income Properties for Sale

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Rio Rancho, NM Corrales, NM Tijeras, NM Bosque Farms, NM Cedar Crest, NM

290 properties

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Updated: Aug 10

12-Unit Townhome-Style Apartment Compound

808 Ortiz Drive SE, Albuquerque, NM 87108

$1,424,506

9,650 sqft 0.46 AC lot

12‑unit apartment compound with two‑story, townhome‑style residences
9,650 square feet on 0.46 acres
Unit mix includes two 3‑bedroom, 1.5‑bath and two 2‑bedroom, 1‑bath layouts
Separate gas and electric meters plus individual utility rooms
Secured gated entry, landscaped courtyards, patios, backyards, and detached storage

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Updated: Aug 18

10-Unit Apartment Building

1104 Palomas Drive SE, Albuquerque, NM 87108

$999,565

7,720 sqft 0.56 AC lot

10‑unit property with two‑bedroom, one‑bath residences
Two fourplexes and one duplex on 0.56 acres
7,720 square feet of property size
Updates include soffits, windows, synthetic stucco, lighting, and electrical work
Central forced‑air furnaces; some hot water heaters replaced

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Six-Unit Apartment Building

501-505 Mesilla Street SE, Albuquerque, NM 87108

$560,000

4,248 sqft 0.30 AC lot

Two separately deeded triplexes offer a courtyard-style layout with a varied residential unit mix.

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Remodeled 10-Unit Apartment Property

1104 Palomas Dr, Albuquerque, NM 87108

$999,565

7,720 sqft

The complex combines two fourplexes and a duplex with two-bedroom, one-bathroom units.

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Updated 9-Unit Apartment Building

6720 Cochiti Road SE, Albuquerque, NM 87108

$740,831

4,300 sqft 0.31 AC lot

Nine casita-style residences feature refreshed interiors, controlled access, shared laundry, and gated off-street parking.

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Quadplex With Ductless Mini-Split HVAC

1920 Lead Avenue SE, Albuquerque, NM 87106

$546,500

2,038 sqft 0.21 AC lot

Four-apartment quadplex on a 0.21-acre lot with ductless heating and cooling in all units.

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7-Unit Townhome-Style Apartment Building

3505 Lafayette Drive NE, Albuquerque, NM 87107

$950,000

9,100 sqft 0.38 AC lot

Updated two-story residences feature spacious layouts, private utility rooms, and separately metered gas and electric service.

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Townhome-Style Apartment Compound

808 Ortiz Dr Se, Albuquerque, NM 87108

$1,424,506

9,650 sqft

Twelve-unit multifamily property with private outdoor areas, separate utility metering, and a mix of renovated interiors.

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Updated Four-Unit Apartment Property

1315 Madeira Drive SE, Albuquerque, NM 87108

$522,720

3,233 sqft 0.20 AC lot

Four residential units feature refreshed interiors, private laundry areas, full kitchens, and shared courtyard space.

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Updated Triplex with Owner's Unit

2905 Palo Verde Drive NE, Albuquerque, NM 87112

$625,000

3,400 sqft 0.19 AC lot

Three-unit property with fireplaces, a patio, and an owner's garage.

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6-Unit Apartment Property

9238 4th St NW, Albuquerque, NM 87114

$665,000

3,575 sqft 0.48 AC lot

Two separated buildings provide a six-unit multifamily configuration with studios, one-bedroom apartments, and a two-bedroom unit.

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Updated Quadplex Near UNM

205 Stanford Drive SE, Albuquerque, NM 87106

$510,000

1,000 sqft 0.16 AC lot

Four residential units with off-street parking, updated interiors, and access to University-area amenities.

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Updated Fourplex Near UNM

2810 Vail Avenue SE, Albuquerque, NM 87106

$522,500

3,100 sqft 0.17 AC lot

Four two-bedroom apartments offer private outdoor space, laundry hookups, and separate gas and electric metering.

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Six-Unit Apartment Property

501-505 Mesilla St SE, Albuquerque, NM 87108

$560,000

6,970 sqft

Two separately deeded triplexes combine updated interiors with a courtyard-style layout in Albuquerque.

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Quadplex Residential Income Property

1928 Buena Vista Drive SE, Albuquerque, NM 87106

$528,895

3,816 sqft 0.14 AC lot

Four-unit residential income property offered for sale in Albuquerque’s 87106 area.

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Six-Unit Apartment Property

9238 4th Street NW, Albuquerque, NM 87114

$665,000

3,575 sqft 0.47 AC lot

Two detached buildings offer a varied unit mix with studios, one-bedroom apartments, and a two-bedroom apartment.

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43-Unit Apartment Building

1024 Alvarado Drive Se Apt 6, Albuquerque, NM 87108

$1,660,470

8,360 sqft

Recently improved multifamily property with full occupancy and access to Southeast Albuquerque employment centers.

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7-Unit Multifamily Property

1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$994,495

4,805 sqft 0.18 AC lot

Two separate parcels combine updated apartments with private yard areas and in-unit laundry.

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Updated 9-Unit Apartment Compound

6720 Cochiti Rd SE, Albuquerque, NM 87108

$740,831

4,300 sqft

Gated apartment property with remodeled casita-style residences, shared laundry, secured parking, and MX-H zoning.

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Mid-Century Apartment Building

8600 Zuni Road SE, Albuquerque, NM 87108

$1,594,615

16,020 sqft 1.00 AC lot

One-acre multifamily property with renovated interiors, controlled entry, and shared resident amenities.

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6-Unit Apartment Building

615 Iron Ave SW, Albuquerque, NM 87102

$1,500,000

6,574 sqft

Five units currently operate as Airbnb rentals.

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Updated 4-Unit Quadplex

321 Wayne Road NW, Los Ranchos, NM 87114

$749,000

3,000 sqft 0.57 AC lot

Four distinct residences include private outdoor areas, separate electric meters, and on-site parking.

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4-Unit Quadplex with Laundry

3609 Wellesley Dr NE, Albuquerque, NM 87107

$550,000

4,194 sqft

Townhouse-style residences offer two bedrooms, one bathroom, and private laundry within each unit.

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Two-Home Adobe Duplex Property

1913 Lomas Boulevard NW, Albuquerque, NM 87104

$619,900

1,613 sqft 0.25 AC lot

Two updated adobe residences offer flexible live-work potential with patios, gated access, and on-site parking.

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Albuquerque, NM Residential Income Properties Market Trends and Statistics

Explore 290 residential income properties for sale in Albuquerque, NM, showcased through 290 active listings on our real estate platform. These investment opportunities span a total of 879,964 square feet of properties for sale, with an estimated market value of $138,978,823.

Sale prices for residential income properties in Albuquerque, NM start at $199,000, averaging $751,236, and reaching up to $9,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 711K

Population Growth (5Y) +0.2%

Median Household Income $69,705

College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Albuquerque submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
87105	$347.3K
87101	$495K
87112	$570K
87108	$577.3K
87110	$602.2K

Taxes & Financing

Tax Rate (average for all types) 4.89%

Property Tax per SF $70.21 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bernalillo County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Albuquerque fall within the 100,000+ square foot range.

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