Albuquerque / 87102 / 1216 Coal Avenue SW
1216 Coal Avenue SW

1216 Coal Avenue SW

Albuquerque, NM 87102

$575,000
4 bd • 4 ba • 3,000 sqft • 0.16 acres
1 Story
Stories
$192
Per SQFT
1941
Year Built
08/22/2026
Listing Date
1109687
Listing #
87102
Zip Code

About This Property

CHECK THIS OUT- FOURPLEX a great Downtown Investment Opportunity! The property features four one bedroom - one bath units with small private patios. Rents are currently below market with 3 longtime tenants on mo to mo leases. MANY CAPITAL IMPROVEMENTS - see documents for list. Units are in average cosmetic condition. This property offers exceptional convenience and appeal to tenants...just blocks from downtown cafes & restaurants, the bustling farmers market, the historic charm of Old Town,.Downtown , Tingley Beach, Rio Grande Pool & Park, Zoo and ACC. Offering bike access to the extensive trail system along the Rio Grande Bosque this 4-plex is a great investment at $143,750/unit. ABQ apartments still show appreciation while offering rent growth potential from entities such as Amazon, Facebook and Netflix Whether you're seeking a steady income stream or a versatile rental investment this fourplex combines location, updates, and strong rental history in one compelling package.

Interior

Bathrooms Total: 4
Interior Features: Ceiling Fan(s)
Appliances: Free-Standing Gas Range, Refrigerator, Range Hood
Laundry Features: Washer Hookup, Dryer Hookup, GasDryer Hookup, In Unit
Flooring: Wood

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 7013
Exterior Features: Patio
Patio And Porch Features: Patio
Parking Total: 4

Building And Construction

Property Type: Residential Income
Property Sub Type: Quadruplex
Property Sub Type Additional: Quadruplex
Building Area Total: 3,000 sqft
Year Built: 1941
Construction Materials: Block, Concrete
New Construction: No
Levels: One
Number Of Units Total: 4
Stories: 1
Property Condition: Resale

Provisional

MLS #: 1109687
Gross Income: 52200
Listing Terms: Cash, Conventional, VA Loan
Number Of Buildings: 2
Owner Pays: Sewer, Trash Collection, Water
Tenant Pays: Electricity, Gas
Total Actual Rent: 3175

Area And Schools

Community Features: Patio
City: Albuquerque
Postal Code: 87102
MLS Area Major: Downtown Area
Subdivision: Downtown Zoo ACC
County: Bernalillo
Parcel Number: 101305736332810810

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Refrigerated, Ceiling Fan(s)
Heating: Forced Air
Heating (Y/N): Yes

Location

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Directions: From Coal and 13th east to address.

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Listing courtesy of RE/MAX SELECT
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