Graceland Acres homes for sale in Albuquerque, NM

3821 Commercial Street NE, Albuquerque

Rarely does a M-1 commercial property of this caliber and versatility become available in the heart of Albuquerque. This expansive 5,357sq ft property delivers outstanding versatility with three warehouse spaces, a secure vault, and flexible office/living areas totaling approximately 2,325+/- sq ft. Designed to support both productivity and comfort, the property features a pond, pool, hot tub, RV site with dump, ample parking, and a dedicated loading and unloading area. Privately situated on a quiet street yet strategically located with convenient access to the Big I, this distinctive property seamlessly blends business functionality with lifestyle amenities--ideal for enterprises seeking space, security, and adaptability. Owner Financing offered!

120 Veranda Road NW, Albuquerque

Three residential structures situated on a single parcel, live in one and rent the others with a potential for redevelopment. Property is being sold in its current condition. Access to major roadways, services, and commercial amenities. Buyers are encouraged to conduct their own due diligence regarding condition, zoning, permitted uses, and future development potential.

425 Fitzgerald Road NW, Albuquerque

Fantastic investment opportunity! This property features a single-family home (700 sq. ft.) and a duplex with two 599 sq. ft. units, offering a combined 1,899 sq. ft. of living space. Currently tenant-occupied and delivering a 7% cap rate, this property is ideal for investors seeking immediate income. Each unit has been fully updated, minimizing maintenance and maximizing appeal for future tenants. Located in a prime area, this property offers strong rental demand and excellent long-term growth potential.

427 Headingly Avenue NW, Albuquerque

** Now offering Buyers Assistance**$5000 flex cash..This classic North Valley home is ready for you! On a large, fenced lot with backyard access, there are so many possibilities. The primary bedroom has its own entrance on the West side of the property. Heating and cooling is supplied by minisplits, the large laundry/utility room is light and bright. The home is in a great location, close to shopping, dining and fun! Schedule your showing today.

3506 Northfield Court NW, Albuquerque

Seller offering $5,000 in concessions toward buyer's closing costs or interest rate buy down - Fully Updated & Move-In Ready! Welcome to this beautifully updated North Valley property. Step inside to find stunning, refinished original hardwood floors that flow seamlessly into a bright kitchen featuring new granite countertops and new appliances. Both the kitchen and bathroom are completely remodeled. The flexible floor plan includes a bedroom that doubles perfectly as a home office. The great room opens to a large patio... ideal for BBQs. The expansive yard offers plenty of storage. Updated furnace, recent silicone roof, new stucco, and fresh landscaping. The property is also adjacent to a brand-new, all-ages community center slated to be constructed directly behind the home.

601 Menaul Boulevard NE UNIT 2001, Albuquerque

Welcome to this inviting 2-bedroom, 2-full-bath condo in Albuquerque, offering comfort, convenience, and an excellent community setting. The open-concept floor plan creates a spacious feel and provides a great layout for everyday living and entertaining.Enjoy your own small private balcony/porch, perfect for relaxing and enjoying your morning coffee. The gated community offers fantastic amenities, including an outdoor swimming pool, hot tub, clubhouse, and playgrounds--all just steps from the front door, making this a convenient setting for families. The property also includes a 1-car garage plus 2 additional parking spaces, providing plenty of parking for residents and guests. A new tankless water heater adds efficiency and convenience.Located near the Big I, this home offers easy access to major roadways and is approximately 7 minutes from the Rail Runner station and just minutes from the University of New Mexico. Whether you're looking for a comfortable home or a convenient location close to work, school, transportation, and amenities, this property is worth a look!

402 Hudson Avenue NW, Albuquerque

MOTIVATED SELLER! Modern Luxury meets North Valley versatility! Fully remodeled in 2025, this 3BR/2BA main home features a sleek chef's kitchen, designer flooring, and a bright, open floor plan. THE STANDOUT FEATURE: A fully updated private 1BR/1BA CASITA--ideal for rental income, a home office, or a guest suite. Newer roof and refrigerated air! Move-in ready with unmatched flexibility in the Near North Valley. Bring all offers and schedule your tour today!

560 Aztec Road NW, Albuquerque

Discover this charming townhouse, offering comfort and style in a convenient Albuquerque location. This inviting home showcases beautiful granite countertops in both the kitchen and bathroom, adding a touch of sophistication. Enjoy cozy evenings by the fireplace in the spacious living area, perfect for relaxing or entertaining. Don't miss your chance to own this delightful property--schedule your showing today!

4640 Carlton Street NW, Albuquerque

This property is a beautifully newer construction North Valley gem, where timeless charm meets modern comfort. Nestled on a spacious corner lot with backyard access, in one of Albuquerque's most desirable areas, this inviting 3-bedroom, 2-bath home offers the perfect blend of style, functionality, and convenience. Enjoy the cooling of refrigerated air and combo unit HVAC in this newer constructed home. Black out blinds throughout.Step inside to discover a bright, open layout featuring tasteful , comfortable living spaces, and a well-appointed kitchen designed for both everyday living and effortless entertaining. The generous primary suite provides a relaxing retreat, while the additional bedrooms offer flexibility for family, guests, or a home office.Outside, enjoy a private backyard with plenty of room to garden, entertain, or simply unwind under New Mexico's beautiful skies. Conveniently located near parks, shopping, dining, schools, and major commuter routes, this home offers the peaceful feel of the North Valley while keeping you close to everything Albuquerque has to offer.Whether you're searching for your first home, your next home, or a smart investment opportunity, this move in ready property is one you won't want to miss.

601 Veranda Road NW, Albuquerque

Two permitted houses on one lot. One loan, one tax bill, two rent checks. That is the pitch. The back house runs 1,391 square feet with 3 bedrooms and 2 baths. The second is 1,258 square feet, 3 bed and 1.5 bath, for roughly 2,649 square feet of rentable space. Both were built in 1940 and both are on record as legal dwellings, so the second unit is not a zoning argument waiting to happen at appraisal. Price reflects it an opportunity waiting for that savvy investor. What you are buying is a corrected rent roll, not a turnkey product. One side carries a tenant, so the numbers start working while the other side gets its rehab. North Valley, 87107, close to Fourth Street and a quick shot to I-40 and Old Town. Bring a contractor, run your own numbers, and schedule a showing.

4524 5th Street NW, Albuquerque

Home qualifies for CRA-Community Reinvestment Act which gives buyer over $5000 towards closing cost or interest rate buy down, This well maintained property offering a rare house +casita setup with proven rental income history. Both the main house (800sqft 2bd 1b) and the seperate casita (400sqft 1bd1b) feature separate utility meters, privacy areas and plenty of off street parking, providing flexibility for investors, multi-generational living, or owner-occupants seeking supplemental income. Each unit is move in condition, newer roofs, water heaters, and appliances. NO CARPET in either unit! The casita is currently rented and tenant is on a month to month lease. Zoned Live/Work also