$2,700,000
Listed on Jul 28, 2026
3 bds · 3 ba · 16,426 sqft
802 Gold Avenue SW, Albuquerque, 87102
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(505) 521 8550
us for more information
4320 GRANDE Court NW
Albuquerque, NM 87107
This property is not for sale.
Sold on 07.14.2025 for $4,000,000
1
Bed
1
Bath
26,302
SqFt Home
1
Story
1965
Year Built
94,961
SqFt Lot
About this property
40 unit apartment complex in a prime North Valley location on 2.18 acres! Current appraisal at $5,105,000. Rare opportunity to own investment property in the charming and trending Los… Show more
40 unit apartment complex in a prime North Valley location on 2.18 acres! Current appraisal at $5,105,000. Rare opportunity to own investment property in the charming and trending Los Griegos neighborhood. Property being sold as a complete package consisting of four tri-plex units and seven four plex units with a total of 26302 square feet. 21 2bd/1bth; 19 1bd/1bth. Long time property manager/maintenance can stay in place if desired. Immaculately maintained, inside and out. Community coin laundry room, refrigerated air, individually metered electric, 38 fenced patios, firewalls between all units, zoned R-ML. One unit is currently a management office and accounts for part of 5% vacancy. $374,640.00 annual rental income, $174,303.46 NOI, 4.3% cap rate with room to grow towards market!
Property details for 4320 GRANDE Court NW
Interior
Bathrooms Total:
1
Interior Features:
Ceiling Fan(s)
Appliances:
Free-Standing Electric Range, Disposal, Refrigerator
Flooring:
Carpet, Tile
Exterior and lot
Lot Size Acres:
2.18
Lot Size:
94,961 sqft
Exterior Features:
Lighting, Patio
Patio And Porch Features:
Patio
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Building Area Total:
26,302 sqft
Year Built:
1965
Construction Materials:
Frame, Stucco
Levels:
One
Number Of Units Total:
40
Stories:
1
Property Condition:
Resale
Provisional
MLS #:
1081938
Gross Income:
317820
Listing Terms:
Cash, Conventional
Number Of Buildings:
11
Operating Expense:
200336.54
Tenant Pays:
Electricity
Area and schools
Community Features:
Laundry Facilities, Patio
City:
Albuquerque
Postal Code:
87107
MLS Area Major:
Near North Valley
Subdivision:
El Dorado Apartments
County:
Bernalillo
Parcel Number:
101406007946521849
Community:
Los Griegos
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Refrigerated, Ceiling Fan(s)
Heating:
Central, Forced Air
Heating (Y/N):
Yes
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4320 GRANDE Court NW Albuquerque, NM 87107 listed as MLS #1081938.
This 1 bedroom 26,302 sqft Residential Income built in 1965 located in Albuquerque NM 87107.
4320 GRANDE Court NW was sold for $4,000,000 as MLS #1081938.
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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About Los Griegos
Los Griegos is a historic North Valley neighborhood in Albuquerque, running from Griegos Road south to Candelaria Road and from 12th Street west toward Rio Grande Boulevard. It began as an early 1700s Spanish land grant to the Griego family and grew as a linear farming settlement strung between the Rio Grande and the main irrigation ditch.
Read about Los Griegos Community.Connect with a local Los Griegos real estate agent
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