Residential Income

Albuquerque, NM Residential Income Properties for Sale

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Rio Rancho, NM Corrales, NM Tijeras, NM Bosque Farms, NM
238 properties
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12-Unit Apartment Compound
Updated: Sep 21
12-Unit Apartment Compound

7524 2nd Street NW, Albuquerque, NM 87107

$947,250
6,685 sqft 0.76 AC lot
12 apartments across three buildings
Unit mix includes five studios, six 1‑bedrooms, and one 2‑bedroom
6,685 square feet on a 0.76‑acre lot
Located at 7524 2nd Street NW, across from 2nd Street Lenticular Park
1.5 miles south of Paseo Del Norte, identified as Highway 423
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12-Unit Townhome-Style Apartment Compound
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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10-Unit Apartment Building
10-Unit Apartment Building

1104 Palomas Drive SE, Albuquerque, NM 87108

$999,565
7,720 sqft 0.56 AC lot

Remodeled multifamily property with patios, appliances, and forced-air heating.

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See hot listings in Albuquerque

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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12-Unit Apartment Compound
12-Unit Apartment Compound

7524 2nd St NW, Albuquerque, NM 87107

$947,250
6,685 sqft

Three-building apartment community with varied unit layouts, on-site parking, and a gated residential setting.

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Six-Unit Apartment Building
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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Updated 9-Unit Apartment Building
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 Central Courtyard
Quadplex with Central Courtyard

204 Monroe Street NE, Albuquerque, NM 87108

$675,000
3,108 sqft 0.32 AC lot

Four rental homes combine private outdoor areas, garages, and in-unit laundry with a shared landscaped courtyard.

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11-Unit Apartment Property with RV Pads
11-Unit Apartment Property with RV Pads

9607 Central Ave NW, Albuquerque, NM 87121

$1,427,100
60,954 sqft 1.40 AC lot

Six buildings offer a mix of apartment layouts, a detached house, and three RV sites.

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7-Unit Townhome-Style Apartment Building
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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Updated Four-Unit Apartment Property
Updated Four-Unit Apartment Property

1920 Lead Avenue SE, Albuquerque, NM 87106

$546,500
2,038 sqft 0.21 AC lot

UNM-area multifamily property with upgraded systems, contemporary apartment finishes, off-street parking, and alley and Lead Avenue access.

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Updated 8-Unit Apartment Building
Updated 8-Unit Apartment Building

3434-3438 Thaxton Ave SE, Albuquerque, NM 87106

$1,069,900
6,120 sqft

Residents have in-unit laundry, private outdoor areas, and secured detached storage.

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Updated Four-Unit Apartment Property
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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Apartment Building Near Employment Centers
Apartment Building Near Employment Centers

1325 Wellesley Drive SE, Albuquerque, NM 87106

$4,500,000
28,600 sqft 1.53 AC lot

Kirtland Air Force Base, Sandia National Laboratories, and the Max-Q development are nearby.

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Eight-Unit Brick Apartment Building
Eight-Unit Brick Apartment Building

2632 Dakota St NE, Albuquerque, NM 87110

$1,250,000
7,780 sqft

Eight residences span two attached fourplexes, with private outdoor areas, individual carports, and dedicated storage.

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Updated Triplex with Owner's Unit
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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Updated Fourplex Near UNM
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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Townhome-Style Apartment Compound
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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Quadplex Residential Income Property
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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Well-Maintained Triplex with Casita
Well-Maintained Triplex with Casita

306 Carlisle Blvd SE, Albuquerque, NM 87106

$580,000
13,504 sqft

Fully occupied three-unit property with separate utility meters, on-site parking, and a detached casita unit.

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Updated 7-Unit Apartment Property
Updated 7-Unit Apartment Property

1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$994,495
4,805 sqft 0.18 AC lot

Two parcels combine a fourplex and triplex with private patios and in-unit laundry equipment.

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Two-Building Apartment Property
Two-Building Apartment Property

401 & 405 Indiana St SE, Albuquerque, NM 87108

$800,000
6,400 sqft

Eight residences feature two-bedroom layouts, full kitchens, and dedicated laundry hookups within each unit.

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Six-Unit Apartment Property
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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8-Unit Multifamily Property
8-Unit Multifamily Property

414 Pine St SE, Albuquerque, NM 87106

$850,000
6,490 sqft

Two separate residential buildings share one lot, with off-street parking and a varied apartment mix.

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Mid-Century Apartment Building
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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Albuquerque, NM Residential Income Properties Market Trends and Statistics

Explore 238 residential income properties for sale in Albuquerque, NM, showcased through 238 active listings on our real estate platform. These investment opportunities span a total of 1,001,939 square feet of properties for sale, with an estimated market value of $171,459,276.

Sale prices for residential investment properties in Albuquerque, NM start at $199,000, averaging $752,014, and reaching up to $5,500,000 — 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

Multifamily properties 246
Apartment buildings 75
Quadplexes 69
Triplexes 45
Duplexes 44

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
87121 $230K
87105 $344.1K
87112 $511.7K
87123 $612.7K
87108 $646.2K

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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