. Lands Of Arien R_ And Cheryl S. Baldwin homes for sale in Albuquerque, NM

3609 Wellesley Drive NE, Albuquerque

Located at 3609 Wellesley NE, this fourplex has large, town house style, two bedroom, one bathroom units with in unit laundry.At the ask price $550,000 and of based on the current average rents of $1,324 per month, the property's measures of investment performance include a 10,10 GRM, 5.73% cap rate before reserves, before tax IRR of 20.0% and an after-tax IRR of 16.2%. If rents were raised to market average of $1,466, and even with a potential two-fold increase in property taxes, which likely not occur until 2027-2028, the measures of investment performance improve to a 5.93% cap rate.

3601 Wellesley Drive NE, Albuquerque

Located at 3601, 3605 & 3609 Wellesley NE. The portfolio is easily managed from one central location that includes laundry room for the residents use. The property portfolio contains two studio units, thirteen one-bedroom units and six two-bedroom units.The portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price of $2,445,000 and of based on the current average rents of $1,113 per month, the property's measures of investment performance include an 8.72 GRM, 7.39% cap rate before reserves, before tax IRR of 15.8% and an after-tax IRR of 12.97. If rents were raised to market average of $1,291, and even with a potential 3fold increase in property taxes, the measure of investment improve to a cap rate of 7.

3505 Lafayette Drive NE, Albuquerque

At 1300 SF each, all 7 apartments are nicely updated two story two bedroom / one and a half Bathroom townhome style floorplans with well-apportioned rooms, separate large utility rooms (with Washer / Dryer hook ups or washer / dryer included), and giant living areas with woodburning stoves! All kitchens are nicely updated and include dishwashers and electric ranges. All apartments are also separately metered for gas and electric and offer forced central heating. 4 of the 7 apartments have been converted to refrigerated air!Potential upside includes conversion to a condominium community with a large spread between the current price of $135,714 per unit and the average ask price for $242,500 (per SWMLS report 5/12 - 2 bedroom units with 1,200 to 1,400 sf condos without garages.)

3713 Palo Duro Avenue NE, Albuquerque

Charming home in uptown that has been recently re-painted (2026) and had many updates in 2022.

4032 Comanche Road NE, Albuquerque

Located just minutes from both I-25 and I-40, this versatile property with main home plus ADU offers exceptional convenience and flexibility. Centrally located near downtown Albuquerque and UNM, it's ideal for owner-occupants, students, house-hackers, investors, or professionals.The main home features 3 bedrooms, 2 bathrooms, and a 1-car garage, while the 1-bed, 1-bath ADU with separate entrance provides private living space perfect for rental income, multigenerational living, or a home office. Recent updates include a new roof in Dec 2025 and interior improvements, making this a move-in-ready opportunity with built-in income potential in a prime Northeast location.

3114 Morningside Drive NE, Albuquerque

Welcome home! From the moment you step inside, this charming 5-bedroom, 2-bathroom home feels warm, bright, and inviting. Located in Uptown Albuquerque, it offers plenty of room to gather, relax, and create lasting memories.You'll love the spacious living and dining areas, kitchen with a cozy breakfast nook, oversized pantry, and large laundry room. The game room is an added bonus--perfect for movie nights, entertaining friends, or spending quality time with family. With five spacious bedrooms, there's plenty of flexibility for guests, a home office, or hobbies.Step outside and discover a backyard made for enjoying New Mexico living, complete with a generous patio that's perfect for cookouts, gatherings, quiet evenings, and beautiful sunset views.The seller is offering a $2,500 buyer credit toward allowable closing costs, a rate buy-down, or repairs with an acceptable offer. Come take a look, stay awhile, and imagine making this wonderful home your own. Truly a Great Place to Call Home! PROPERTY IS BEING SOLD AS IS

3833 Goodrich Avenue NE, Albuquerque

Well-maintained 4-bedroom, 3-bathroom home in a central Albuquerque location with convenient access to shopping, dining, major commuter routes, and Lovelace Women's Hospital.The flexible floor plan includes two primary suites, one with a separate entrance, ideal for multigenerational living, guests, or a private workspace. The kitchen features modern finishes and opens to the main living areas. Wood flooring runs throughout with no carpet.The backyard offers a covered patio for outdoor use. Solar panels will be paid off at closing, providing energy efficiency with no added loan.Functional, well-located, and easy to live in.

3859 Montgomery Boulevard NE APT 1321, Albuquerque

Updated 2 bed 2 bath condo in gate community! Fresh paint, new vinyl plank flooring, new light fixtures! Situated in a gated community, residents enjoy a pool, fitness center, and a clubhouse. HOA includes some utilities! Perfectly situated near shopping, dining, entertainment, parks, and major commuter routes, this home offers both convenience and comfort. The inviting floor plan features spacious living areas filled with natural light, a functional kitchen with ample storage, and two generously sized bedrooms.

3859 Montgomery Boulevard NE APT 1302, Albuquerque

Welcome home to this light, bright, and beautifully updated first-floor condo featuring 2 spacious bedrooms and 2 full bathrooms! The open living and dining areas flow seamlessly into a stylish kitchen, creating a comfortable and functional layout perfect for everyday living and entertaining.Ceramic tile flooring extends throughout the main living areas, while both generously sized bedrooms feature luxury vinyl plank flooring. Step outside to your private, shaded patio--a peaceful retreat perfect for relaxing and enjoying warm summer days.Conveniently located in central Albuquerque with easy access to I-25, this home offers effortless access to shopping, dining, entertainment, and everything the city has to offer. The well-maintained gated community features an impressive array of amenities, including a clubhouse, swimming pool, fitness center, playground, lush landscaping, community garden, assigned parking, additional storage, and gated entry.Move-in ready, thoughtfully updated, and surrounded by fantastic community amenities--this condo offers easy, low-maintenance living in a convenient Albuquerque location!

2917 Sierra Drive NE, Albuquerque

This home is located the NE Heights. 3 B/R, 2 BA, 1 Carport, Separate entries and 2 backyards with backyard access Perfect for roommates, in-law quarters, etc. 2 living areas, one w/Brick F/P. 2 laundry areas. Kitchenette. Recent (2022) wall furnace, hot water heater., carpeting in bedroom. Hardwood and ceramic flooring, Ceiling Fans, skylights, jet tub. Close to UNM, Uptown, Freeways, shopping, schools. Lots of possibilities for this great home! Home needs some TLC.