Amended Map Of The Terrace homes for sale in Albuquerque, NM

1612 Gold Avenue SE, Albuquerque

Five units located near UNM and CNM do not disturb the tenants. Property can be shown with 48hrs notice and proof of funds

1523 Silver Avenue SE, Albuquerque

Own a Piece of Albuquerque HistoryStep into a remarkable piece of Albuquerque's past with the historic Tingley Mansion, nestled in the coveted Silver Hill Historic District. Former home of Albuquerque Mayor and New Mexico Governor Clyde Tingley and Carrie Tingley, this extraordinary residence offers the rare opportunity to own a property where history truly comes alive.From the moment you enter, the craftsmanship of the 1930s is unmistakable. Original details abound, including custom light fixtures, hand-troweled walls and ceilings, Southern gum stained woodwork, and beautiful quarter-sawn white oak floors. The spacious home features 4+ bedrooms and 3 baths, including two primary suites--both complete with a sitting room and one with an iconic 1930s tiled shower.Multiple flexible spaces offer endless possibilities for dining, library, or sitting rooms. The classic black-and-white tiled kitchen blends historic character with updated appliances, while a sunny breakfast area and inviting sunroom provide wonderful spaces to gather and relax.The history continues downstairs in the basement, once reportedly used as a smoking room where FDR and Clyde Tingley shared time. Outside, the fully walled backyard and patio create a private oasis surrounded by stories from another era. Roses planted by Carrie Tingley, creates a an eye catching curb appeal in the front yard. Original brick doghouse, and side-yard access once used for horse & buggy entry are just a few of the property's unique historic touches.The property also offers exceptional versatility. The two-car garage has been transformed into a soundproof recording studio, while the casita is currently rented, providing additional income potential. Owned solar panels add modern efficiency to this historic treasure.With R1B zoning, the property offers a range of potential uses.This is more than a home--it is a rare opportunity to own a tangible piece of Albuquerque and New Mexico history, beautifully preserved while offering the space, flexibility, and amenities for modern living.Historic character. Extraordinary provenance. Endless possibilities. Own a Piece of History.Schedule your Private Showing Today!

1920 Lead Avenue SE, Albuquerque

Rare opportunity to acquire such a unique and charming UNM area 4-plex with such an exceptional UNM area location - close to Roosevelt Park, CNM, UNM Hospital, Downtown, & just 2 blocks to Presbyterian Hospital. Recent property upgrades include a newer roof, thermal windows, updated electrical service, zoned mini-split heating and cooling in all units, and quality contemporary finishes across all four apartments. Each apartment features a very distinct floor plan with unique artistic touches and amenities throughout. You'll also find additional value-add opportunities by capitalizing on creating more common and private yard spaces or adding additional apartments.Large lot offers tons of great off-street parking and access options (off both the alley and Lead Ave) and potential for additional units. Detached garage is separately metered for electric and packs a lot of higher use potential too.

2109 Gold Avenue SE, Albuquerque

Sweet updated house with 3 other units on the property, in highly rentable Silver Hills neighborhood, sandwiched between UNM & CNM, & walkable to both. Always fully rented. Numerous energy-efficient/Green features include mini-splits for heating/cooling in all units, mini-split ceiling cassettes in 2-Story complex, on-demand hot water in some units & electric in others, no gas, updated electric ('23), 3 units have TPO roofing systems. The 2-bedroom adobe front house is ~986sqft & rents for $1250; the newer-built duplex, built in '22, is ~800sqft total--each studio rents for $900; & the newly-built--in '24--the 2-story 2-bedroom stand-alone casita with a great balcony, is 1100sqft (including laundry room) & rents for $1500. All units are rented fully furnished. Total monthly income is $4550. All have access to secure shared laundry room. All have new appliances from '22 & newer. Bonus: two basement rooms provide ~200sqft of extra storage space. Plenty of off-street parking: 2-3 spaces tandem in front & 5 off-street spaces in back. See the (3) three 3D Tours for the condition & layout of the units & property. Live in one unit & more than pay the mortgage with the other three. Owner will consider a Real Estate Contract. Inspection with accepted offer. Please do not disturb tenants. Thx.

2104 Lead Avenue SE, Albuquerque

On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring this quality University area eight-plex to market.This is an excellent opportunity to own a quality UNM Area 8 unit apartment complex. Fantastic central location just blocks to CNM, UNM, Presbyterian Hospital, I-25, Nob Hill, and Roosevelt Park. This unique compound offers fluid access from Lead and a clean / well-traveled alley to the south. Ample parking is right next to unit entries. The property consists of six studios in a 3 story building and two 1 bedroom apartments in a single story duplex. Buildings have been updated for energy efficiency and resident comfort. Located at 2104 Lead SE this eight unit community is property is walking distance to UNM and CNM, Smith's grocery store and dozens of restaurants, cafes, micro-breweries, & quality local retail--basically everything a young university student would need is close by!Start PriceThat start price is about the same as the average ABQ fourplex - metrics of investment performance at the ask price of $450,000 and with average rent at $750 include a price per sf of $169, a price per unit of $56,250, a GRM of 6.25, cap rate of 9.01% and an after-tax internal rate of return of 23.3%. If rents are raised to market average of $959, the measure of investment performance improve to a potential cap rate of 12.42%.BID Process/timelineThe property tour is noon on Tuesday, October 6th - register at (see flyer)(this also provide access to the confidential document center)Offer deadline is noon no Thursday, October 8th.

1407, Albuquerque

Duplex directly across from Roosevelt Park! 1407 & 1409 Hazeldine SE offer 1BR/1BA units w/refrig & gas range in each. 1 Garage space for each unit. Spacious backyard for common space. Original hardwood floors in both units. New TPO roof in 2024. Upgraded Electric panel. 1407 incls small priv enclosed yd, lath/plaster walls, vinyl flrs in kit/service area to backyard, tile tub surround & 2 wall heat units. 1409 incls 2 nat gas wall furnaces, BR carpet, wood-look vinyl in kit/bath, cultured marble tub surround & W hookups. Both units feature a flex space area. New TPO roof 2024. Backyard access to det garage/parking area, w/shared common yd space w/mature trees & garden potential. Great rental/investment/owner occupant opportunity near park amenities playgrounds & downtown/UNM access.

1409, Albuquerque

Duplex directly across from Roosevelt Park! Grea1407 & 1409 Hazeldine SE offer 1BR/1BA units w/refrig & gas range in each. 1 Garage space for each unit. Spacious backyard for common space. Original hardwood floors in both units. New TPO roof in 2024. Upgraded Electric panel. 1407 incls small priv enclosed yd, lath/plaster walls, vinyl flrs in kit/service area to backyard, tile tub surround & 2 wall heat units. 1409 incls 2 nat gas wall furnaces, BR carpet, wood-look vinyl in kit/bath, cultured marble tub surround & W hookups. Both units feature a flex space area. New TPO roof 2024. Backyard access to det garage/parking area, w/shared common yd space w/mature trees & garden potential. Great rental/investment/owner occupant opportunity near park amenities playgrounds & downtown/UNM access.

511 Spruce Street SE, Albuquerque

Offered at $850,000 ($141,666/unit) with an attractive 7.28% acquisition cap rate, 511 Spruce St SE presents a rare opportunity to acquire a fully stabilized multifamily asset with proven in-place cash flow. The property is 100% occupied and features four fully furnished units, with five of the six units having undergone extensive renovations including new roofs, heating and cooling systems, exterior paint and stucco, appliances, flooring, and interior paint. A diverse unit mix supports broad tenant demand, while its long history of strong occupancy as furnished rentals is complemented by an exceptional location near UNM, Presbyterian Hospital, CNM, Kirtland Air Force Base, and Downtown Albuquerque.

1606 Roma Avenue NE, Albuquerque

Grand Home & Casita in Spruce Park! AWESOME INCOME POSSIBILITIES!! UNM, 3 HOSPITALS, NOB HILL-SO CLOSE! Main level: spacious rooms, voluminous ceilings, glowing hardwood floors. Vintage themed kitchen w/ modern appliances - opens to EXPANSIVE patio areas. This level features Large Living & Dining Rooms, private Primary Suite, den w/ patio access, ensuite BR/BA, 2 additional BRs & hall bath! WOW!!! Lower level offers family room, kitchenette, bedroom, flex room & 2 baths - it is accessible from both interior & exterior! 498sf Casita is private & detached with kitchen, bedroom, bath, portal. Wonderful outdoor spaces covered & open. This home is currently a private residence - no rental history available. Rent is estimated. GET CREATIVE: 6 BR's 6BA in 3 separate areas. Location Location!!

1606 Roma Avenue NE, Albuquerque

Grand Home in Beautiful Spruce Park! Indulge in spacious rooms, voluminous ceilings, glowing hw floors, versatile floorplan - great opportunity for the dynamic family! Gracious Living Room with Juliette Balcony to enchanting view of neighborhood activities! Archway leads into great dining room a perfect for gatherings! Adjoining vintage themed kitchen with modern appliances is roomy & opens to EXPANSIVE patio areas. The main floor features private PBR, office, den with patio access + 2 bedrooms - 1 ensuite! The Lower level offers family room, kitchenette, bedroom 4, flex room & 2 baths! 498sf Casita is perfect for guests/family member- kitchen, br, heat, bath, portal - NOT IN SF! Wonderful outdoor spaces covered & open! UNM, 3 HOSPITALS, NOB HILL-SO CLOSE! Virtual Staging of some rooms.