Home / Albuquerque / UNM / Terrace Park / MLS #1107834
1920 Lead Avenue SE
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1920 Lead Avenue SE
1920 Lead Avenue SE
1920 Lead Avenue SE
1920 Lead Avenue SE
1920 Lead Avenue SE
1920 Lead Avenue SE

1920 Lead Avenue SE

Albuquerque, NM 87106

$546,500
3 bd • 4 ba • 2,038 sqft • 0.21 acres
1 Story
Stories
$268
Per SQFT
1935
Year Built
07/23/2026
Listing Date
1107834
Listing #
87106
Zip Code

About This Property

Rare opportunity to acquire such a unique and charming UNM area 4-plex with such an exceptional UNM area location - close to Roosevelt Park, CNM, UNM Hospital, Downtown, & just 2 blocks to Presbyterian Hospital. Recent property upgrades include a newer roof, thermal windows, updated electrical service, zoned mini-split heating and cooling in all units, and quality contemporary finishes across all four apartments. Each apartment features a very distinct floor plan with unique artistic touches and amenities throughout. You'll also find additional value-add opportunities by capitalizing on creating more common and private yard spaces or adding additional apartments.Large lot offers tons of great off-street parking and access options (off both the alley and Lead Ave) and potential for additional units. Detached garage is separately metered for electric and packs a lot of higher use potential too.

Interior

Bathrooms Total: 4
Fireplace Features: Option
Interior Features: Ceiling Fan(s)
Appliances: Dryer, Free-Standing Gas Range, Refrigerator, Washer
Laundry Features: Washer Hookup, Dryer Hookup, In Unit
Flooring: Carpet Free, Concrete, Tile, Vinyl, Wood
Basement: Finished

Building And Construction

Property Type: Residential Income
Property Sub Type: Quadruplex
Property Sub Type Additional: Quadruplex
Building Area Total: 2,038 sqft
Year Built: 1935
Construction Materials: Frame, Stucco
Below Grade Finished Area: 652 sqft
Levels: One
Number Of Units Total: 4
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.21
Lot Size Square Feet: 9,104 sqft
Parking Total: 8

Provisional

MLS #: 1107834
Gross Income: 48660
Listing Terms: Cash, Conventional, FHA
Number Of Buildings: 2
Operating Expense: 13898
Owner Pays: Gas, Sewer, Trash Collection, Water
Tenant Pays: Electricity, Gas
Total Actual Rent: 3930

Area And Schools

City: Albuquerque
Postal Code: 87106
MLS Area Major: UNM
Subdivision: Terrace Park Addition
County: Bernalillo
Parcel Number: 101505743017641621

Utilities

Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Ductless, Ceiling Fan(s)
Heating: Ductless, Electric, Zoned
Heating (Y/N): Yes

Location

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Directions: From Yale and Lead: West on Lead to Property. 1920 Lead Ave SE is on the south side of the street.

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Listing courtesy of Deacon Property Services
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