$760,000
8 bds · 5 ba · 3,116 sqft
622 Jefferson Street NE, Albuquerque, 87110
301 Graceland Drive SE
Albuquerque, NM 87108
$695,000
$208/SqFt
9
Beds
5
Baths
3,335
SqFt Home
1
Story
1962
Year Built
8,276
SqFt Lot
Estimated Mortgage
$3,514/mo
Based on $139K down · 6.5% · 30yr
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 two bedroom 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 two bedroom 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 Hill neighborhood 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
Bedrooms Total:
9
Bathrooms Total:
5
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
New Construction:
No
Levels:
One
Number Of Units Total:
5
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1109351
Listing Terms:
Cash, Owner May Carry, Other, See Remarks
Number Of Buildings:
1
Owner Pays:
Common Area Maintenance, Parking Fee, Sewer, Trash Collection, Water
Tenant Pays:
Electricity, Gas
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
Utilities
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Central, Forced Air
Heating (Y/N):
Yes
Listing and financial details
Listing Date:
August 11, 2026
Location
Directions: From Central and Washington go south on Washington past Silver to Mesa Grande then west to Graceland. Property is on the NE corner of Mesa Grande and Graceland.
Estimated Mortgage
$3,514/mo
Based on $139K down · 6.5% · 30yr
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301 Graceland Drive SE, Albuquerque, NM 87108 listed as MLS #1109351.
This 9 bedroom 3,335 sqft Multi Family built in 1962
located in Grande Add, Albuquerque NM 87108.
301 Graceland Drive SE is listed for $695,000 as MLS #1109351 courtesy of Realty One Group Concierge Julie Turner.
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-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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Connect with a real estate agent today — Call/text (505) 521 8550
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
Call/text
(505) 521 8550
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