Eden homes for sale in Ramah, NM

521 Kentucky Street SE, Albuquerque

Excellent investment opportunity! This well-maintained 4-plex at 521 Kentucky St SE generates $3,500 /month in gross rental income. Unit mix includes four 1 bed/1 bath units. Features include off-street parking, private enclosed courtyards. A turnkey addition to any investment portfolio with strong cash flow. 525 Kentucky St SE is also for sale and can be bought together.

525 Kentucky Street SE, Albuquerque

Excellent investment opportunity! This well-maintained 4-plex at 525 Kentucky St SE generates $2,300 /month in gross rental income. Unit mix includes four 1 bed/1 bath units. Features include off-street parking, private enclosed courtyards. A turnkey addition to any investment portfolio with strong cash flow.521 Kentucky St SE is also for sale and can be bought together.

520 Kentucky Street SE, Albuquerque

PRICE REDUCTION!!!! Great opportunity on this FULL OCCUPANCY and GREAT income producing property in SE Albuquerque. 2 very spacious units that have offstreet parking, an attached storage unit and tile flooring. Wonderful Investment with tenants that have a month to month lease.

416 Kentucky Street SE, Albuquerque

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

401 & 405 Indiana Street SE, Albuquerque

Prime investment opportunity featuring two side-by-side fourplexes (8 total units)). Each 800 sq ft, 2-bed, 1-bath residence features an efficient floor plan with bright living space, full kitchen, and dedicated in-unit laundry hookups. This high-demand amenity eliminates shared laundry logistics, drives tenant retention, and supports premium rents.

630 Alcazar Street SE, Albuquerque

4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.632 Alcazar is also listed for sale and can be bought together.

632 Alcazar Street SE, Albuquerque

4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.630 Alcazar St SE is also for sale and can be bought together.

408/412 Florida Street SE, Albuquerque

Two adjacent R-ML zoned multi-family lots totaling approximately 0.31 acres just off the SEC of Zuni Rd & Florida St in Albuquerque's SE Heights. R-ML zoning supports a range of multi-family development.Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.

400/404 Florida Street SE, Albuquerque

Two adjacent MX-L zoned commercial lots totaling approximately 0.31 acres at the southeast corner of Zuni and Florida in Albuquerque's SE Heights. These lots offer full Zuni Road frontage and access along a commercial and residential corridor with strong daily traffic counts of roughly 13,680 vehicles per day.The MX-L (Mixed-Use Low Intensity) zoning opens the door to a wide range of development opportunities, including retail, service-related, and community-oriented uses. Owner financing available. 20% down, 7.5% interest, 2-year term, amortization negotiable.

716 Kentucky Street SE, Albuquerque

Some homes just have good bones but this one has both good bones and the updates to match! Shaded by mature trees and a classic covered porch, it's the kind of curb appeal that doesn't go out of style. The big-ticket items? Already handled. Renewal by Andersen windows, a TPO roof, a Mastercool evaporative cooler, an updated water heater, and custom security bars mean the important work is done so you can focus on making it yours. Inside, a fireplace-warmed living room up front, an open kitchen at the heart of the home, and a versatile den featuring a wood-burning stove. A separate dining room doubles easily as a library or home office, and refinished original wood floors run through the main living spaces, adding character you can't fake. Out back, there's real room to spread out, a patio for entertaining, a storage shed for the extras, and both alley and backyard access for hauling, parking, or projects. Updated where it counts, original where it matters! Conveniently located with quick access to Albuquerque Sunport, Kirtland Air Force Base, Sandia National Laboratories, hospitals, shopping, and dining! This home offers exceptional flexibility, value, and is move-in-ready!

525 Mesilla Street SE 1-6, Albuquerque

Turnkey, fully occupied 6-unit investment opportunity! This professionally renovated 6-plex features six updated 1BR/1BA units with modern kitchens, tiled showers, LVT flooring, and fresh finishes throughout. Recent capital improvements include new mechanical systems and commercial-grade centralized gas tankless water heaters, helping minimize future maintenance. Strong in-place cash flow with approximately 7.6% cap rate at the current list price and excellent rental history. Ideal for investors seeking a stabilized, low-maintenance asset with immediate income. Please do not walk the property or disturb tenants. Showings by appointment only.

501-505 Mesilla Street SE, Albuquerque

This well-maintained 6-unit multifamily investment property offers an excellent opportunity to acquire a centrally located, income-producing asset with significant recent capital improvements. The property consists of two separately deeded triplexes at 501 and 505, which are being sold together, providing a total of approximately 4,248 square feet across six residential units.The property features a desirable mix of two 1-bedroom/1-bath units and four 2-bedroom/1-bath units, with functional floor plans and a courtyard-style configuration that appeals to tenants seeking convenience and affordability.Ownership has completed numerous improvements throughout the property. Recent upgrades include evaporative cooling, replacement windows in 501 B & C and 505 B, remodeled interiors in select units, durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Roofing improvements include an ISO roof at 501 completed within approximately the last two years and a TPO roof at 505 completed within approximately the last seven years. All month to month tenants. Unit Mix501Unit A -- 571 SF | 1 BD / 1 BAUnit B -- 571 SF | 1 BD / 1 BAUnit C -- 833 SF | 2 BD / 1 BA505Unit A -- 704 SF | 2 BD / 1 BAUnit B -- 759 SF | 2 BD / 1 BAUnit C -- 810 SF | 2 BD / 1 BA -vacant needs renoTotal Building Area: Approximately 4,248 SFTotal Units: 6Current Monthly Rent: $6,281Annualized Current Rent: $75,372With an established income stream, substantial recent improvements, and a versatile unit mix, this property presents an attractive opportunity for an investor seeking an improved multifamily asset with continued income and long-term appreciation potential. Vacant unit needs renovation. From owner between $10-25k depending on preference to be rented.