$1,500,000
Listed on May 5, 2026
12 bds · 12 ba · 6,574 sqft
615 Iron Avenue SW, Albuquerque, 87102
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(505) 521 8550
us for more information
615 Iron Avenue SW
Albuquerque, NM 87102
This property is not for sale.
Sold on 04.30.2026 for $1,575,000
12
Beds
12
Baths
6,148
SqFt Home
3
Stories
6,970
SqFt Lot
About this property
Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate… Show more
Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail. 5 of 6 units are now cash flowing AirBnB units - See APOD
Property details for 615 Iron Avenue SW
Interior
Bathrooms Total:
12
Appliances:
Built-In Gas Range
Flooring:
Carpet, Concrete, Tile
Exterior and lot
Lot Size Acres:
0.16
Lot Size:
6,970 sqft
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
6,148 sqft
Construction Materials:
Frame, Stucco
New Construction:
Yes
Builder Name:
Sierra Hacienda Builders
Levels:
Three Or More
Number Of Units Total:
6
Stories:
3
Property Condition:
To Be Built
Provisional
MLS #:
1003217
Gross Income:
143640
Listing Terms:
Cash, Conventional
Number Of Buildings:
1
Owner Pays:
Common Area Maintenance
Tenant Pays:
Electricity, Gas, Sewer, Trash Collection, Water
Total Actual Rent:
13200
Area and schools
Community Features:
Deck/Porch
City:
Albuquerque
Postal Code:
87102
MLS Area Major:
Downtown Area
County:
Bernalillo
Parcel Number:
101405705927520204
Utilities
Utilities:
Natural Gas Connected
Cooling:
Refrigerated
Heating:
Central, Electric, Forced Air
Heating (Y/N):
Yes
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615 Iron Avenue SW Albuquerque, NM 87102 listed as MLS #1003217.
This 12 bedroom 6,148 sqft Residential Income located in Albuquerque NM 87102.
615 Iron Avenue SW was sold for $1,575,000 as MLS #1003217.
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.
Searches related to 615 Iron Avenue SW, Albuquerque, NM 87102
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