Albuquerque, NM Short Term Rental Properties for Sale

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Updated: Aug 10

Six-Unit Apartment Property

9238 4th Street NW, Albuquerque, NM 87114

$665,000

3,575 sqft 0.47 AC lot

Six‑unit apartment property totaling 3,575 square feet
Unit mix includes 3 studios, 2 one‑bedroom units, and 1 two‑bedroom unit
Two separate buildings on the property
Studios have documented short‑term rental operating history
Built in 1979 with stucco construction

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This listing looks promising.

Here's a quick look at some key insights for

9238 4th Street NW, Albuquerque, NM 87114

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Est. Cap Rate

4.1%
NOI ÷ price
Est. NOI

$27K
Annual
Price @ 7% Cap

$390K
Suggested
Property Type

Residential Income
Built 1979

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Updated: May 28

Two-Home Adobe Duplex Property

1913 Lomas Boulevard NW, Albuquerque, NM 87104

$619,900

1,613 sqft 0.25 AC lot

Two adobe homes on one 0.25‑acre property
1,613 square feet of total property size
Built in 1936 with updated kitchens and bathrooms
Currently used as short‑term rentals
Private gated entrance with ample parking

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Renovated Fourplex with Furnished Units

622 Jefferson Street NE, Albuquerque, NM 87110

$760,000

3,116 sqft 0.16 AC lot

Four-unit residential property with a three-bedroom main residence, renovated interiors, and short-term rental history in Albuquerque’s Near Heights.

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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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Tri-Plex With Private Entrances

508 Walter Street SE, Albuquerque, NM 87102

$549,000

1,372 sqft 0.12 AC lot

Turn-key tri-plex with three one-bedroom, one-bath units, private entrances, and off-street parking with a fenced yard.

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Short-Term Rental Property with Owner's Unit

2404 Cunningham Avenue SE, Albuquerque, NM 87106

$495,000

1,930 sqft 0.17 AC lot

Furnished short-term rental setup with a separate primary suite and private outdoor space in Mesa Del Sol.

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MULTI_FAMILY - Albuquerque, NM

1321 15th Street NW, Albuquerque, NM 87104

$950,000

4,100 sqft 0.13 AC lot

Multifamily properties · 4,100 SF

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Updated Triplex With Private Entrances

508 Walter St, Albuquerque, NM 87102

$549,000

1,372 sqft

Three one-bedroom apartments provide separate access, off-street parking, and a fenced yard.

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Newer 6-Unit Apartment Building

615 Iron Avenue SW, Albuquerque, NM 87102

$1,500,000

6,574 sqft 0.16 AC lot

Five units currently operate as Airbnb rentals, with contemporary finishes and efficient layouts throughout the building.

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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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Short-Term Rental Property with Owner's Unit

2404 Cunningham Ave Se, Albuquerque, NM 87101

$495,000

1,930 sqft

Airbnb-used property with a separated primary suite, private outdoor area, and access to a community pool and park.

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Renovated Fourplex with Furnished Units

622 Jefferson St, Albuquerque, NM 87110

$760,000

3,116 sqft

Four-unit income property with a courtyard and flexible short-, mid-, or long-term leasing options.

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Modern 6-Unit Apartment Building

615-615 Iron Ave SW, Albuquerque, NM 87102

$1,500,000

6,016 sqft

Recently constructed multifamily property with contemporary finishes, efficient layouts, and short-term rental operations in place.

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Two-Home Short-Term Rental Property

1913 Lomas Blvd NW, Albuquerque, NM 87104

$619,900

1,613 sqft

Restored adobe residences offer updated kitchens and bathrooms, gated access, and flexible live-work use.

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8-Unit Apartment Compound

1508 Edith Boulevard NE, Albuquerque, NM 87102

Contact for pricing

5,304 sqft

Mixed-use apartment community with private outdoor areas, on-site laundry, parking, and an RV pad with hookups.

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Apartment Building with Garages

1320 Dr Martin Luther King Jr Ave NE, Albuquerque, NM 87106

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A 17-unit apartment property with 12 studios and five rented garages, currently 100% occupied.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 16 Active listings in Albuquerque, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Arts Residency Property

4 N Chamisa, Santa Fe, NM 87508

$1,599,000

4,815 sqft 2.09 AC lot

Renovated campus combines gallery, event, residential, and private studio spaces along U.S. Highway 285.

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Short-Term Rental Property with Retail

28358 Highway 64, Eagle Nest, NM 87718

$950,000

6.50 AC lot

Income-producing lodging property with an operating retail component and a commercial kitchen ready for potential reuse.

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Campground with Cabins and Vacation Rentals

28358 Highway 64, Eagle Nest, NM 87718

$950,000

6.50 AC lot

Campground with cabins and a mix of vacation rentals and full-time apartments, plus an intact commercial kitchen.

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Six-Bedroom Short-Term Rental Residence

850 NM 599 Frontage, Santa Fe, NM 87507

Contact for pricing

3,034 sqft

Currently operated as an Airbnb, the property combines single-level living with outdoor space and distinctive Southwestern design elements.

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Albuquerque, NM Short Term Rental Properties Market Trends and Statistics

Explore 16 short term rental properties for sale in Albuquerque, NM, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 51,780 square feet of properties for sale, with an estimated market value of $11,627,800.

Sale prices for short term rental properties in Albuquerque, NM start at $495,000, averaging $830,557, and reaching up to $1,500,000 — 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
87106	$495K
87105	$500K
87104	$785K
87102	$1M

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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