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1011 EDITH Boulevard NE A-D
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1011 EDITH Boulevard NE A-D
1011 EDITH Boulevard NE A-D
1011 EDITH Boulevard NE A-D
1011 EDITH Boulevard NE A-D
1011 EDITH Boulevard NE A-D
1011 EDITH Boulevard NE A-D
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1011 EDITH Boulevard NE A-D

Albuquerque, NM 87102

$525,000
2 bd • 1 ba • 3,223 sqft • 0.13 acres
1 Story
Stories
$163
Per SQFT
1940
Year Built
09/26/2025
Listing Date
1091954
Listing #
87102
Zip Code

About This Property

Income-producing 4-plex across three separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. Unit A was recently renovated and is ready for a new tenant, offering immediate lease-up at market rates. Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Investment metrics strengthen the story: CAP rate 5.92%, GRM 9.63, IRR 13.83%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.

Interior

Bathrooms Total: 1
Interior Features: Ceiling Fan(s)
Appliances: Free-Standing Gas Range, Refrigerator
Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Flooring: Carpet, Laminate, Vinyl, Wood
Basement: Unfinished

Building And Construction

Property Type: Residential Income
Building Area Total: 3,223 sqft
Year Built: 1940
Construction Materials: Adobe, Frame
Levels: One
Number Of Units Total: 4
Stories: 1
Structure Type: House
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.13
Lot Size Square Feet: 5662.8
Parking Total: 4

Provisional

MLS #: 1091954
Gross Income: 54540
Listing Terms: Cash, Conventional, FHA, VA Loan
Number Of Buildings: 3
Operating Expense: 19310
Owner Pays: Sewer, Trash Collection, Water
Tenant Pays: Electricity, Gas, Other, See Remarks

Area And Schools

City: Albuquerque
Postal Code: 87102
MLS Area Major: Downtown Area
County: Bernalillo
Parcel Number: 101405851219643309

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Ductless, Evaporative Cooling, Ceiling Fan(s)
Heating: Central, Ductless, Forced Air, Wall Furnace
Heating (Y/N): Yes

Location

Directions: From The Big I (I-25 & I-40 interchange), take I-40 East toward Santa Rosa. Exit at 6th St/4th St (Exit 158). Turn right onto 6th St NW, then left on Mountain Rd NW. Continue straight until Edith Blvd NE, then turn right. Drive about half a mile; 1011A Edith Blvd NE will be on your right.

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Listing courtesy of Weichert, Realtors Image
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550

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