502 Headingly Avenue NW
40 Photos
502 Headingly Avenue NW
502 Headingly Avenue NW
502 Headingly Avenue NW
502 Headingly Avenue NW
502 Headingly Avenue NW
502 Headingly Avenue NW

502 Headingly Avenue NW

Albuquerque, NM 87107

$750,000
12 bd • 8 ba • 4,747 sqft • 0.46 acres
1 Story
Stories
$158
Per SQFT
1951
Year Built
08/10/2026
Listing Date
1108818
Listing #
87107
Zip Code

About This Property

FOUR-ADDRESS 7-UNIT INCOME COMPOUND ON ONE LOT! Rare commercial multi-family investment portfolio opportunity featuring four distinct physical addresses 502 Headingly Ave NW, 504 Headingly Ave NW, 506 Headingly Ave NW, and 3921 5th St NW. all legally situated on one single, low-maintenance parcel. Streamlined portfolio management with massive high-density cash flow.Current Unit Breakdown (5 Turn-Key Units):Two separate duplexes: Each featuring 2-bedroom, 1-bathroom layouts.One detached home: Featuring a 2-bedroom, 1-bathroom layout.Two detached cottages: Each featuring cozy 1-bedroom, 1-bathroom layouts.Massive Value-Add Potential (6th & 7th Units):The property features an additional standalone structure primed for immediate equity growth. The framework, electrical wiring, and plumbing rough-ins are completely in place--finish it out to instantly add a 6th rent-generating unit! Additionally, there is potential to optimize/add a 7th unit on-site. Property is priced and valued based on its current operational footprint, giving the next owner massive built-in upside.Important Disclosures: Sold strictly AS-IS, WHERE-IS. Please submit all offers subject to interior inspection out of respect for current occupants. Buyer is strictly responsible for independently verifying all unit square footages, exact utility configurations/metering, local zoning codes, certificate of occupancy status, and permitting/completion requirements for the unfinished spaces prior to the expiration of contingencies. Call today for a complete APOD sheet, rent roll, and to schedule your private tour!

Interior

Bathrooms Total: 8
Interior Features: Ceiling Fan(s)
Appliances: Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator
Flooring: Vinyl

Building And Construction

Property Type: Residential Income
Property Sub Type: Multi Family
Property Sub Type Additional: Multi Family
Building Area Total: 4,747 sqft
Year Built: 1951
Levels: One
Number Of Units Total: 7
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.46
Lot Size Square Feet: 20,038 sqft

Provisional

MLS #: 1108818
Gross Income: 78600
Listing Terms: Cash, Conventional
Number Of Buildings: 5
Owner Pays: Common Area Maintenance, Sewer, Trash Collection, Water
Tenant Pays: Electricity, Gas
Total Actual Rent: 6550

Area And Schools

City: Albuquerque
Postal Code: 87107
MLS Area Major: Near North Valley
Subdivision: Monkbridge
County: Bernalillo
Parcel Number: 101406032726810119

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling, Ceiling Fan(s)
Heating: Central, Other, Wall Furnace
Heating (Y/N): Yes

Location

Loading map...

Directions: From Candelaria and 5th street, north to Headingly, property is on the corner of 5th and Headingly502 Headingly504 Headingly506 Headingly3921 5th St

Mortgage Calculator

$
$
%
Monthly Payment**:
** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Browse Similar Homes in Albuquerque

Properties for Sale Similar to 502 Headingly Avenue NW, Albuquerque, NM

New Homes for Sale in Albuquerque Area

View All
Listing courtesy of AIM Properties
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