Albuquerque, NM Residential Income Properties for Sale

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Rio Rancho, NM Corrales, NM Tijeras, NM Cedar Crest, NM Bosque Farms, NM Peralta, NM Bernalillo, NM Los Lunas, NM

83 properties

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Updated: May 13

Albuquerque Multifamily Investment Opportunity

3505 Lafayette Drive NE, Albuquerque, NM 87107

$950,000

9,100 sqft 0.38 AC lot

7‑apartment townhome‑style building with two‑story 2‑bedroom, 1.5‑bath floorplans
Each apartment offers 1,300 SF of living space with large living areas and woodburning stoves
Updated kitchens include dishwashers and electric ranges
Separate large utility rooms feature washer/dryer hookups or an included washer/dryer
Apartments are separately metered for gas and electric and have forced central heating

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3505 Lafayette Drive NE, Albuquerque, NM 87107

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$77K
Annual
Mortgage

$690K
Mar 2020
Property Type

Residential Income
Built 1978

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Updated: Jun 29

Nine-Unit Multifamily Property

6720 Cochiti Road SE, Albuquerque, NM 87108

$579,000

4,300 sqft 0.31 AC lot

Nine‑unit multifamily property with a start price tied to a 10.41% cap rate
Address: 6720 Cochiti SE
About 400 feet due south of the center of the current State Fair grounds
Tile flooring and a refrigerator included
Construction materials: block, frame, and stucco (year built: 1950)

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Remodeled Fourplex with Private Yards

12608 Copper Avenue NE, Albuquerque, NM 87123

$549,000

3,571 sqft 0.22 AC lot

Turnkey fourplex offering four remodeled 2-bedroom units with private fenced yards, washer/dryer hookups, and individually metered utilities.

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Updated 32-Unit Apartment Complex

433 Mesilla SE, Albuquerque, NM 87108

$2,323,232

14,660 sqft

Recently renovated multi-family complex with 32 mostly one-bedroom units across two buildings on four parcels.

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Soft-Gated Multifamily Community

8600 Zuni Road SE, Albuquerque, NM 87108

$1,793,434

16,020 sqft 1.00 AC lot

Well-maintained apartments with modern upgrades, secured outdoor areas, and a large community laundry room with free machines.

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Restored Adobe Duplex Property

1913 Lomas Boulevard NW, Albuquerque, NM 87104

$619,900

1,613 sqft 0.25 AC lot

Own two lovingly restored adobe homes with updated kitchens and baths, currently operating as short-term rentals.

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Updated 7-Unit Apartment Compound

1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$1,008,490

4,805 sqft 0.18 AC lot

For sale includes a four-plex and tri-plex packaged on two parcels at 1003–1005 Carlisle Boulevard SE.

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Spacious Updated Townhome-Style Apartments

3505-09 Lafayette NE, Albuquerque, NM 87107

$950,000

9,100 sqft

Seven updated townhome-style apartments in a convenient Albuquerque location.

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Three-Building Multifamily Property

807 8th Street NW, Albuquerque, NM 87102

$990,000

3,201 sqft 0.20 AC lot

Three buildings with 13 parking spaces and separately metered gas/electric for multiple units.

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Mixed-Use Investment Opportunity, Albuquerque

9368 Valley View Drive NW, Albuquerque, NM 87114

$5,500,000

5,046 sqft 0.88 AC lot

Mixed-use property with retail and residential income streams.

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Updated Apartment Community with Laundry

8600 Zuni SE, Albuquerque, NM 87108

$1,793,434

15,325 sqft

Twenty-five updated units with secure shared outdoor space and an on-site community laundry room.

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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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UNM Area Apartment Complex

2104 Lead Avenue SE, Albuquerque, NM 87106

$619,887

2,670 sqft 0.16 AC lot

Eight-unit apartment complex near UNM, CNM, and Presbyterian Hospital.

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University Area Apartment Eightplex

2104 Lead SE, Albuquerque, NM 87106

$619,887

2,670 sqft

Eight units mix studios and one-bedroom apartments with updates for energy efficiency and parking by each entry.

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Albuquerque Fourplex with Laundry

3609 Wellesley Drive NE, Albuquerque, NM 87107

$641,829

4,194 sqft 0.20 AC lot

Fourplex with two-bedroom units and in-unit laundry.

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Duplex-Style Home with Detached Casita

1606 Roma Avenue NE, Albuquerque, NM 87106

$890,000

3,978 sqft 0.15 AC lot

Two living areas plus a private, detached casita offer flexible layouts for owner-occupants or income-focused households.

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South Campus Area Fourplex

1809 Girard SE, Albuquerque, NM 87106

$547,931

3,100 sqft

Fourplex near UNM with golf course views.

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Multi-Family Property with Four Units

3102 Rosendo Garcia Road SW, Albuquerque, NM 87105

$549,999

4,465 sqft 0.51 AC lot

For-sale multi-family with four heated/cooled units, recent HVAC and electrical/plumbing upgrades, and current vacancy.

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Fully Stabilized Furnished Multifamily

511 Spruce Street Southeast, Albuquerque, NM 87106

$850,000

3,749 sqft

Fully occupied multifamily with furnished units and renovations including new roofs, HVAC, appliances, and updated interiors.

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Updated UNM 4-Plex Residence

1005 Carlisle Boulevard SE, Albuquerque, NM 87106

$524,495

2,640 sqft 0.10 AC lot

Updated 4-plex with modernized 1 bed, 1 bath units featuring in-unit washer/dryer and private yard spaces.

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Downtown Albuquerque Fourplex Opportunity

907 Coal Ave SW, Albuquerque, NM 87102

$530,000

3,135 sqft

Fourplex near downtown Albuquerque with diverse unit layouts.

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Turnkey 6-Plex in Albuquerque

426 Towner Avenue NW, Albuquerque, NM 87102

$565,000

3,191 sqft 0.24 AC lot

Fully occupied 6-plex with low vacancy and high demand.

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Retail Building and Condominium Property

9368 Valley View Drive NW, Albuquerque, NM 87114

$5,500,000

5,046 sqft

High-traffic corridor retail space leased to Anytime Fitness, paired with 13 two-bedroom, 2.5-bath condominium units behind.

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Downtown Albuquerque Fourplex For Sale

907 Coal Avenue SW, Albuquerque, NM 87102

$530,000

3,135 sqft 0.15 AC lot

Fourplex near downtown Albuquerque restaurants, shops, and cultural amenities.

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Albuquerque, NM Residential Income Properties Market Trends and Statistics

Explore 83 residential income properties for sale in Albuquerque, NM, showcased through 83 active listings on our real estate platform. These investment opportunities span a total of 392,992 square feet of properties for sale, with an estimated market value of $75,173,680.

Sale prices for residential income properties in Albuquerque, NM start at $179,000, averaging $1,058,784, 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

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	$387.5K
87112	$433.6K
87110	$587.3K
87106	$757.6K
87104	$782.7K

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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