$695,000
Listed on Aug 11, 2026
9 bds · 5 ba · 3,335 sqft
301 Graceland Drive SE, Albuquerque, 87108
Call/text
(505) 521 8550
us for more information
301 Graceland Drive SE
Albuquerque, NM 87108
This property is not for sale.
Sold on 06.05.2026 for $775,000
9
Beds
6
Baths
3,335
SqFt Home
1
Story
1962
Year Built
8,276
SqFt Lot
About this property
Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four twobedroom units and one… Show more
Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four twobedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hillneighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long term appreciation.
Property details for 301 Graceland Drive SE
Interior
Bathrooms Total:
6
Interior Features:
Skylights
Appliances:
Free-Standing Electric Range, Refrigerator
Flooring:
Carpet, Concrete
Window Features:
Skylight(s)
Exterior and lot
Lot Size Acres:
0.19
Lot Size:
8,276 sqft
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
3,335 sqft
Year Built:
1962
Construction Materials:
Frame
Levels:
One
Number Of Units Total:
5
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1098316
Listing Terms:
Cash, Conventional, VA Loan
Number Of Buildings:
1
Owner Pays:
Trash Collection
Tenant Pays:
Electricity, Water
Total Actual Rent:
3450
Area and schools
City:
Albuquerque
Postal Code:
87108
MLS Area Major:
UNM South
Subdivision:
Grande Add
County:
Bernalillo
Parcel Number:
101705721914732905
Community:
Nob Hill
Utilities
Utilities:
Electricity Connected, Sewer Connected, See Remarks, Water Connected
Cooling:
Evaporative Cooling
Heating:
Central, Forced Air
Heating (Y/N):
Yes
Homes for sale similar to 301 Graceland Drive SE
Homes recently sold near 301 Graceland Drive SE
301 Graceland Drive SE Albuquerque, NM 87108 listed as MLS #1098316.
This 9 bedroom 3,335 sqft Residential Income built in 1962 located in Albuquerque NM 87108.
301 Graceland Drive SE was sold for $775,000 as MLS #1098316.
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personal, non-commercial use and may not be used for any purpose other than identifying properties
which consumers may be interested in purchasing.
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About Nob Hill
Nob Hill is a historic Albuquerque neighborhood east of the University of New Mexico, running from Lomas Boulevard south to Garfield Avenue and Zuni Road, and from Girard Boulevard east to Washington Street. Six residential additions were laid out here between the 1900s and the 1940s, among them D.K.B.
Read about Nob Hill Community.Connect with a local Nob Hill real estate agent
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