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502 Vassar Drive SE
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502 Vassar Drive SE
502 Vassar Drive SE
502 Vassar Drive SE
502 Vassar Drive SE
502 Vassar Drive SE
502 Vassar Drive SE
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502 Vassar Drive SE

Albuquerque, NM 87106

$495,000
6 bd • 3 ba • 2,457 sqft • 0.16 acres
1 Story
Stories
$201
Per SQFT
1946
Year Built
06/08/2026
Listing Date
1105057
Listing #
87106
Zip Code

About This Property

Exceptional investment opportunity in the desirable UNM South area! This well-maintained single-story triplex features three 2-bedroom, 1-bath units, each offering durable solid-surface flooring and convenient stackable washer/dryer units. Two units include garage/storage space, adding value and appeal for tenants. Two of the three units are currently rented, providing immediate income potential, while the remaining unit offers flexibility for owner occupancy or additional rental income. Conveniently located near UNM, downtown, shopping, dining, and major commuter routes, this property is an excellent addition to an investment portfolio or a smart owner-investment opportunity.

Interior

Bathrooms Total: 3
Interior Features: Ceiling Fan(s)
Appliances: Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer
Laundry Features: Washer Hookup, Dryer Hookup, In Unit
Flooring: Laminate, Wood

Building And Construction

Property Type: Residential Income
Property Sub Type: Multi Family
Property Sub Type Additional: Multi Family
Building Area Total: 2,457 sqft
Year Built: 1946
Construction Materials: Frame, Stucco
Levels: One
Number Of Units Total: 3
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 7,100 sqft
Exterior Features: Patio
Patio And Porch Features: Patio

Provisional

MLS #: 1105057
Listing Terms: Cash, Conventional
Number Of Buildings: 1
Owner Pays: Sewer, Water
Tenant Pays: Electricity, Gas
Total Actual Rent: 2300

Area And Schools

Community Features: Patio, Storage Facilities
City: Albuquerque
Postal Code: 87106
MLS Area Major: UNM South
Subdivision: University Hts Add
County: Bernalillo
Parcel Number: 101605723102530404

Utilities

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

Location

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Directions: Central & Girard, south to Garfield, west to property on corner of Garfield and Vassar.

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Listing courtesy of Coldwell Banker Legacy
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

(505) 521 8550