Ocotillo Ridge is a 20-unit, townhome-style multifamily community completed in 2024 by a local architect anddeveloper, who self-developed the project with a focus on durable construction and efficient, functionallayouts. The property consists of twelve (12) two-bedroom units averaging approximately 1,056 square feet and eight (8) one-bedroom units averaging approximately 801 squarefeet. The community includes 20 secure on-site parkingspaces serving residents.The residences feature open-concept floor plans with polished concrete flooring, large window lines, and strongnatural light throughout both living and bedroom levels. Each unit includes oversized private patios or balconies thatexpand usable living area and enhance unit desirability.
INVESTMENT OPPORTUNITY WITH BUILT-IN INCOME AND ROOM TO GROW. This well-positioned tri-plex on Tennessee Street features three single-story units, each approx 750 sq ft with 2 bedrooms, 1 bath, and private yard space tenants love. Functional layouts include range and refrigerator, plus dedicated parking for added convenience. Tenant occupied for immediate cash flow, with strong rental appeal and upside potential. Whether expanding your portfolio or starting fresh, this property checks the boxes--don't miss your chance to secure a steady income producer!
Step into this remodeled Nob Hill home filled with charm and fully updated! Great open floor plan. Fresh paint, new kitchen w/stainless steel appliances, all new light fixtures, tiled fireplace, & more! Dining area w/ built in nook. Enjoy the spacious private backyard with a 2 car garage & a Casita! Basement with extra storage. Relax on the front patio with a view. With its prime location near shopping, dining, and the University of New Mexico, this home presents a great opportunity to own in one of Albuquerque's most established neighborhoods. Do not miss your opportunity to call this place your HOME!
Affordable and centrally located 1-bedroom condo with easy access to Kirtland Air Force Base, Sandia National Laboratories, the Albuquerque International Sunport, and major interstates. All utilities (except electric) covered by HOA. This move-in ready unit features fresh paint, updated flooring, a dishwasher, and modern lighting. Enjoy a private balcony off the bedroom with beautiful western views--perfect for catching Albuquerque sunsets. The community offers lush green spaces, mature trees, and a refreshing pool for residents, and assigned parking in a gated lot.
RIDGECREST + MOUNTAIN VIEWS + SANTA FE CHARACTER + REMODELED. Warm and cozy home in South UNM/Ridgecrest, updated with striking wood ceilings and a hand-sculpted real kiva fireplace. Updated kitchen features custom cabinetry, quartz counters, high-end appliances, and terracotta floors. Completely remodeled baths include new tile, fixtures, and lighting. The luxury primary bath offers a large walk-in shower while the guest bath showcases a spa-like artisan wood soaking tub. Two separated living areas provide flexibility and privacy. Outdoors enjoy a custom screened patio, slab-stone table beneath flowing grapevines, and lushly xeriscaped grounds with cherry, pear, and apple trees. Garage w/ alley access has automatic opener.
Ridgecrest addition area offers 6 bed, 4 full bath, 3 living rooms with 2 contemporary luxury primary suits downstairs and upstairs. Double vanities in each primary suite, upstairs having freestanding tub with separate shower and privacy toilet. 4 balconies to offer sunrise and sunset views. Spacious kitchen offers newer stainless steel appliances, large pantry, and beautiful quartz counter tops. Wood floors and tile found through out. With new solar installed, expect jaw dropping savings in electric bill. Solar sits on top of TPO roof. Home has 2 central refrig a/c and heating units, thermal windows, and tankless hot water heater. Spacious laundry room, 2 storage sheds, 2-car garage, and remote access steel driveway gate for added security completes this property.
Investment package: 3 updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes one 2BR/2BA, one 2BR/1BA, and one1BR/1BA unit. Secured parking in gated lot for condo units. Condo dues vary by size and cover exterior maintenance, exterior utilities (gas, water, sewer, trash), and exterior insurance; owner pays interior electric and taxes. Complex includes a pool. Fully leased; all units on leases with deposits in place. Package sale only. Offers contingent on buyer's visual inspection within 72 hours of offer acceptance; proof of funds required on all offers. No sign or lockbox at property.
Welcome to 5009 Palo Alto Avenue SE, a charming, one-of-a-kind home in Parkland Hills. This 3-bed, 2-bath residence (1,842 sq ft; built 1955) is located in one of Albuquerque's most diverse and established neighborhoods. Ideally located with quick access to Nob Hill, Kirtland AFB, local hospitals, premier shopping, and dining! It blends timeless character with thoughtful updates. Interior highlights include two spacious living areas, rich hardwood floors complemented by tile and luxury vinyl plank, ceiling fans throughout, and a bright, skylit kitchen perfect for everyday living and entertaining. The private primary suite is offset from the secondary bedrooms and features a generous walk-in closet. Outside, enjoy a large, secure backyard shaded by mature trees and lush landscaping.
This lovely, energy-efficient home is perfectly located in the Nob Hill area, near UNM, hospital, grocery and 10 minutes to the airport. The paid-off solar (installed 2022), insulated TPO roof and stucco, two EV chargers (SolarWorks inside and a stub-out outside of the garage), and ductless mini-splits throughout for heating and cooling make this home perfect for the times. From the widened custom driveway, insulated west-facing garage and front door, the plaster finish of the walls in the living room, updated appliances, refinished original hardwood floors, and updated windows make this home move-in ready. The front and back yards feature mature water-wise landscaping, auto-drip systems, and elegant landscape lighting.
Unlock your next (or first!) stream of passive income with this rock-solid residential duplex. Each unit offers a functional 2-bedroom, 1-bathroom layout, complete with private patios. This is more than just a duplex; it's a foundation for long-term equity growth
4 BED/3 BATH HOME IN BEAUTIFUL RIDGECREST/SOUTH UNM NEIGHBORHOOD. Spacious and functional with thoughtful updates throughout. Original hardwood floors add warmth and authenticity while the updated kitchen offers modern convenience and style. Flexible floorplan with 2.25 baths provides comfortable, light-filled living spaces ideal for both everyday living and entertaining. Huge primary suite features French doors leading to a Juliet balcony that overlooks the lush and mature backyard with multiple producing fruit trees. A lovingly maintained home ready for its next chapter. Located in one of Albuquerque's most desirable neighborhoods with easy access to UNM, Nob Hill, and local dining. Just a short stroll from iconic Ridgecrest Park.
Unique Dual-Residence Property with Extensive Commercial ParkingDiscover a one-of-a-kind opportunity that perfectly blends residential comfort with massive industrial utility. This expansive property features two attached homes and a reinforced yard capable of accommodating 5+ semi-trucks--ideal for owner-operators or savvy investors.Residence A: Features a generous open-concept layout including a kitchen, dining, and living area. Includes 2 bedrooms, 1 bathroom, a dedicated office space, a laundry room, and a 22'2'' x 12'3'' attached garage.Residence B: A secondary unit offering 2 bedrooms, 1 bathroom, and a functional kitchen/dining combo.Whether you're looking to run your business from home or generate dual rental income, this property offers unmatched versatility.
UNLOCK THE POTENTIAL OF PRIME INFILL COMMERCIAL LAND IN THE HEART OF ALBUQUERQUE! This PRIME vacant lot at 215 Wisconsin St NE offers a rare opportunity for investors and developers seeking a versatile site in an established urban corridor. Surrounded by residential density and positioned within the vibrant International District--known for its strong traffic flow along Central, Gibson, and San Pedro --this location is ideal for multi-use, service-based, or income-producing development. Flat terrain, existing access, and utility proximity enhance ease of build, while nearby homes and businesses create built-in demand. Secure your next project in a high-growth area with endless potential!
Located along Albuquerque's iconic Route 66 corridor, 5801 Central Ave NE presents a rare opportunity for an owner-operator to establish a presence in one of the city's most recognizable and steadily revitalizing commercial corridors. The property offers a fully built-out restaurant space with existing infrastructure in place, allowing a new owner to step in with minimal downtime and bring their own vision to life.With strong visibility, consistent traffic counts, and proximity to Nob Hill, the University of New Mexico, and I-40, the location benefits from both local neighborhood support and broader citywide draw. The surrounding area continues to see ongoing public and private investment, further strengthening the long-term appeal of this corridor for food and beverage and service
3,000 sqft building with garage for sale in the Southeast Heights! This large building with attached garage has potential for use as a work building and or storage with a half bath, an open floorplan, and garage. The high ceilings and large open interior can be used for a multitude of possibilities. This property is an ideal handyman special being sold in as is condition. The surrounding neighborhood has several locally owned businesses, restaurants, and shopping locations. Schedule to see this spacious property today!
Lease Rate is negotiable and flexible... Commercial Lease / Lease Option Opportunity Both Unit 334 and Unit 336 Adams St. SE are currently available for lease and for sale, presenting a flexible opportunity for owner-users or investors seeking to secure one or both units. Each unit is offered for $260,000 Seller financing is available with 10-20% down, creating an attractive pathway for buyers seeking flexible acquisition terms.
Spacious Investment Opportunity! This versatile 3-bedroom, 2-bathroom home features two distinct living areas and a large, functional kitchen. Currently generating $1,800/month on a flexible month-to-month agreement, this property also offers the highly sought-after benefit of backyard access. A perfect addition to any portfolio.
Turnkey 4-plex with major upgrades and strong income potential. Property consists of three remodeled 1BR/1BA units and one larger 2BR/1BA unit. Renovated units feature new kitchen cabinets and countertops, updated bath surrounds and vanities, new water heaters, wall heater units, and many new windows. Refinished hardwood floors, fresh paint, and updated lighting throughout. Current rents in place with opportunity for additional income growth. The 2BR unit is not yet updated and offers future upside potential. Ideal for investors seeking a low-maintenance property with a blend of stability and value-add opportunity.
GROUND FLOOR UNIT! You do not want to miss out on this gated 2 bedroom condo in the gated Moana Condominiums. All utilities (except electric) covered by HOA! Step inside to find a spacious open floor plan with an updated kitchen. Kitchen includes granite counter tops, tiled back-splash, updated cabinetry, & stainless steel appliances. Enjoy your private courtyard & dedicated parking spot. Washer/dryer hookups in unit. Close to the Air force Base, Airport, UNM and Downtown! Schedule your tour today!
Cozy, Newly Renovated 1-Bedroom Condo in Gated Tres Caminos!This charming ground-floor unit feels like new with its recent updates and clean, modern look. New Window and sliding door. Located in the secure Tres Caminos community, you'll enjoy quick access to the airport, Nob Hill, Kirtland AFB, the VA Hospital, CNM, UNM, plus great dining and shopping.
Well-maintained, fully occupied triplex in prime location near Kirtland AFB, UNM, and Nob Hill. One 2/1 unit with 1-car garage + two 1/1 units. Separate gas and electric meters, laundry hookups in each unit, evaporative cooling, gas central forced air. Onsite & street parking. Strong rental history with minimal vacancy--easy to rent. Opportunity for owner-occupier or investor. The tri-plex next door, 4021 Thaxton SE, is also for sale. Buy one or both properties!
High-yield investment opportunity with an 12% cap rate and owner financing available. This income-producing property offers multiple revenue streams on one parcel, including an updated duplex, an owned mobile home, and four additional mobile home pads with expansion potential. Duplex features a 1BR/1.5BA unit with walk-in closet and two fireplaces, plus a 3BR/2BA unit. Ideal for investors seeking immediate cash flow with future upside. Call for details.
Price Reduction and all repairs completed! Truly move-in ready & full of character, this 3-bedroom, 2-bath home is nestled in a quiet, established tree-filled neighborhood. The no-carpet interior provides a clean, low-maintenance lifestyle. Enjoy a cozy family room with a welcoming fireplace. Fresh interior paint, and beautifully refinished original hardwood floors throughout. The spacious covered patio is perfect for outdoor living, overlooking a large backyard with convenient alley access. Stucco was repaired within the last six years, ensuring lasting curb appeal. Located close to the Air Force base, VA, major hospitals, restaurants, & shopping, this home delivers both convenience and quality. A fantastic price for a well-cared-for property- Come see it in person to fully appreciate it!
Come and see this well maintained and updated condo! Lower level that faces the courtyard and is next to the pool just adds to the entering living of your home! Cozy wood burning fireplace, bar tops in your kitchen, large bedrooms with nice walk in showers completes what this condo has to offer! Your home is close to the Base, Airport, UNM and Downtown so it gives you ease of commute to where ever you need to go! Schedule a time to preview it today!
Daria Derebera
Real Estate Broker in Albuquerque, NM
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