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502-504 Utah Street NE

Albuquerque, NM 87108

$790,000

2 bd • 1 ba • 5,600 sqft • 0.14 acres

2 Story

Stories

$141

Per SQFT

1979

Year Built

10/21/2025

Listing Date

1093294

Listing #

87108

Zip Code

About This Property

Mesa Verde 8-plex featuring two solid four-unit buildings, each offering spacious 2-bedroom apartments in a high-demand rental area. Strong value-add potential through light updates and rent optimization. Part of a portfolio of 22 units - Utah can sell with the portfolio or just the 8 units on Utah. NO Owner Financing Available.Well-maintained and ideal for investors seeking stable, long-term cash flow while providing quality, affordable housing for the community. A proven location known for consistent occupancy and reliable performance--this property is ready to reward thoughtful ownership.

Interior

Bathrooms Total: 1

Interior Features: Ceiling Fan(s)

Appliances: Free-Standing Gas Range, Refrigerator, Range Hood

Flooring: Tile, Vinyl

Building And Construction

Property Type: Residential Income

Property Sub Type: Multi Family

Building Area Total: 5,600 sqft

Year Built: 1979

Construction Materials: Frame, Stucco

Levels: Two

Number Of Units Total: 8

Stories: 2

Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.14

Lot Size Square Feet: 6,098 sqft

Exterior Features: Patio

Patio And Porch Features: Patio

Provisional

MLS #: 1093294

Gross Income: 99000

Listing Terms: Cash, Conventional, FHA, VA Loan

Number Of Buildings: 2

Operating Expense: 23738

Owner Pays: Sewer, Trash Collection, Water

Tenant Pays: Electricity, Gas

Area And Schools

Community Features: Laundry Facilities, Patio

City: Albuquerque

Postal Code: 87108

MLS Area Major: Fairgrounds

County: Bernalillo

Parcel Number: 1-019-057-427-335-1-05-38

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Cooling: Evaporative Cooling, Ceiling Fan(s)

Heating: Central, Forced Air

Heating (Y/N): Yes

Location

Directions: Wyoming to Marquette, West on Marquette to Utah. South on Utah to propert on East side of street.

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Listing courtesy of Realty One of New Mexico

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

Real Estate Broker in Albuquerque, NM

(505) 521 8550

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