Home / Albuquerque / Near North Valley / MLS #1084818

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1351 CANDELARIA Road NW

Albuquerque, NM 87107

$495,000

3 bd • 2 ba • 2,449 sqft • 0.5 acres

1 Story

Stories

$202

Per SQFT

1951

Year Built

05/28/2025

Listing Date

1084818

Listing #

87107

Zip Code

About This Property

This rare income-producing property in Albuquerque's desirable North Valley. Situated on a half-acre lot, just one mile from the Rio Grande Nature Center and Bosque Trail, this duplex-style setup offers excellent returns and flexible living arrangements.With a projected monthly rent of $3,300, this property offers a proforma cap rate of 6.1% based on current taxes and insurance--ideal for investors seeking solid, long-term cash flow. One unit is Vacant and the other is month-to-month, giving you the freedom to adjust rents to market value, renovate for increased returns, or occupy one unit while generating income from the other.This is a great opportunity to own property in one of Albuquerque's most charming and sought-after areas, with room to expand and add value!

Interior

Bathrooms Total: 2

Fireplace Features: Option

Appliances: Dishwasher, Free-Standing Electric Range, Refrigerator

Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup

Flooring: Tile, Wood

Building And Construction

Property Type: Residential Income

Property Sub Type: Duplex

Building Area Total: 2,449 sqft

Year Built: 1951

Construction Materials: Frame, Stucco

Levels: One

Number Of Units Total: 2

Stories: 1

Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.5

Lot Size Square Feet: 21,780 sqft

Exterior Features: Landscaping, Patio

Patio And Porch Features: Patio

Provisional

MLS #: 1084818

Listing Terms: Cash, Conventional, Owner May Carry

Number Of Buildings: 1

Tenant Pays: Other, See Remarks

Area And Schools

Community Features: Patio

City: Albuquerque

Postal Code: 87107

MLS Area Major: Near North Valley

County: Bernalillo

Parcel Number: 101306048725810205

Utilities

Utilities: Electricity Connected, Sewer Connected, Water Connected

Cooling: Refrigerated

Heating: Central, Forced Air

Heating (Y/N): Yes

Location

Directions: From 12th and Candelaria west to property on north side of street

Listing courtesy of Keller Williams Realty

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.