Eastern homes for sale in Albuquerque, NM

Eastern is a residential subdivision in the Downtown Area area of Albuquerque, New Mexico, in Bernalillo County (87102). The subdivision is served by Eugene Field Elementary, Washington Middle, and Albuquerque High schools. Community features noted on listings here include curbs, gutter(s), and sidewalks. 3 homes are currently for sale.

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3 Properties
Land Residential Residential Income
$289,000
-$6,000

Two living spaces. One property. Now offered at $289,000! Explore homeownership and investment possibilities with a front studio and a rear 2-bedroom, 1-bath home. Maintain both rentals, potentially occupy one while renting the other as leases and applicable requirements permit, or explore a future multigenerational arrangement. The studio is leased at $775/month through 11/30/26; the rear home is rented month-to-month at $1,320, totaling $2,095/month in scheduled gross rent before expenses. Improvements from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Separately metered gas and electric are tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD in documents; rent roll available.

2
BEDS
2
BATHS
1,219
SQFT
0.13
ACRES
$289,000
-$6,000

New price of $289,000! Investment opportunity with built-in income and exciting future flexibility. This updated two-unit property offers options to maintain as a fully occupied rental, potentially occupy one unit while renting the other as leases permit, or explore a future multigenerational living arrangement. The front studio is leased at $775 through 11/30/26, and the rear 2BR/1BA is rented month-to-month at $1,320, producing current gross income of $2,095/month. Recent improvements completed from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Gas and electric are separately metered and tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential additional tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD in docs, rent roll available. Buyers should independently confirm square footage, zoning and permitted use, financing eligibility, lease terms, parking configuration, and whether the property suits their intended use. Also listed as Residential, SWMLS #1108825.

2
BEDS
2
BATHS
1,219
SQFT
0.13
ACRES

Marketing Flyer and Lead paint disclosure are in documents. Do not disturb the tenants. Property can be shown with 48hrs notice and proof of funds.

6
BEDS
4
BATHS
2,975
SQFT
0.08
ACRES

Explore nearby properties (within 1 mile):

Bring your vision to life with this South Broadway home ready for renovation and a new lease on life! This property is a great opportunity for an investor, flipper, contractor, or buyer looking for a value-add project. The home offers plenty of potential for the right buyer to renovate, build equity, and create something special. Convenient alley access along the east side provides access to the backyard and added flexibility for renovation, materials, parking, and improvements. Bring your tools, creativity, and vision, this could be your next project!

3
BEDS
1
BATHS
1,151
SQFT
0.13
ACRES

Great opportunity for this fixer-upper situated on a spacious lot. Sold as-is.

2
BEDS
2
BATHS
1,300
SQFT
0.1
ACRES

Beautiful single story home in Downtown Albuquerque. this charming 2 bedroom 1 bath home with original hardwood floors is open light and bright.Seller has recently added tankless water heater, central / Refrigerated A/C. new windows and doors, new appliances, granite counter tops are just some of the updates. Livingroom is full of light and opens to large dining room. A bonus space not included in Sq footage is the full size attic perfect for office studio or tons of storage. The home additionally has back yard access with additional access thru ally. A large detached storage or studio is another bonus. The home is warm and inviting and a must see.

2
BEDS
1
BATHS
1,160
SQFT
0.16
ACRES
$470,000
-$9,900

Historic charm. Modern comfort. Rare 1920s Victorian rooted in Albuquerque's historic Huning Highlands. Thoughtfully remodeled w/ an open-concept, large windows & natural light throughout. The kitchen features an island, granite countertops, farmhouse sink, range hood, stainless appliances & stylish backsplash. Three oversized bedrooms, two updated bathrooms w/ trendy tile, walk-in closets, ceiling fans, recessed lighting & a cellar perfect for storage or wine. The 2-year-young refrigerated AC/furnace offer year-round comfort. Enjoy a fully enclosed backyard w/ a patio, chicken coop, rain barrels, backyard access & detached garage. Second-floor private entrance creates potential for income, guests, or flexible living. Minutes from Downtown, Railyard Market & Nob Hill!

3
BEDS
2
BATHS
2,531
SQFT
0.16
ACRES

Downtown Area !!!!! This exceptional vacant corner lot offers a rare opportunity to build. Whether you're a builder, investor, or future homeowner, this is prime location and convenience to everything. Don't Miss Out!!!!! Zoning, permitted uses and utility availability to be verified by buyer.

0.16
ACRES
$200,000

Cozy 1-bedroom home at 524 Gibson featuring a welcoming living area highlighted by a classic fireplace. The layout offers simple, functional living with an efficient half bathroom and a comfortable bedroom suited for everyday needs. This property provides a great opportunity for someone looking to add personal touches and turn it into a truly charming home.The lot includes usable outdoor space for seating, gardening, or additional storage. Conveniently located near major roads, transit options, shopping, and local services, this home offers strong accessibility and practical day-to-day living.Ideal for buyers seeking a manageable property with potential to enhance and make their own.

1
BEDS
1
BATHS
798
SQFT
0.1
ACRES
$239,900

Beautiful 2 Story Condo featuring 2 spacious bedrooms 1 full bathroom upstairs and a guest bathroom downstairs. The Main bedroom features an outdoor patio for enjoying the summer evening! Great floor plan, beautiful laminate wood laminate flooring throughout the house, private courtyard and a relaxing community garden! HOA covers water, trash, sewer and landscaping.

2
BEDS
2
BATHS
1,071
SQFT

Discover the perfect blend of historic charm and modern comfort in this beautifully renovated duplex located in Huning Highland District. 601 Walter St: features a bright and inviting 2-bedroom, 1-bath floor plan with a stylish modern kitchen and open-concept living area. 520 Iron Ave: offers a cozy 2-bedroom, 1-bath layout designed for comfort and convenience. Ideal for travel nurses, visiting professionals, or anyone seeking a turnkey home-away-from-home, this unique duplex presents an outstanding opportunity in one of Albuquerque's most desirable historic neighborhoods. Just minutes from Presbyterian Hospital, UNM Main Campus, Downtown, and local dining and entertainment, this versatile property offers exceptional appeal for both homeowners and investors.

2
BEDS
2
BATHS
1,528
SQFT
0.05
ACRES

Charming beautiful home in the Huning Highland Addition. This property was remodeled in 2020 and has been well maintained by current owners with additional upgrades added. 3 Bedrooms, 2 baths, large walk-in closet in primary bedroom. Second story is a loft that can be used for various lifestyles. Kitchen has stainless steel appliances, with brand new dishwasher. Granite countertops and custom cabinets with eat-in breakfast bar. High ceilings, lots of windows and a skylight in one of the bedrooms. Close to restaurants, hospitals, schools and easy freeway access. If your clients are looking for a move in ready property close to downtown, do not miss this home.Exciting opportunity! Seller is offering a $2000.00 credit toward the buyer's closing costs with an acceptable offer.

3
BEDS
2
BATHS
2,400
SQFT
0.16
ACRES

** NEW REDUCED PRICE! Development opportunity in Albuquerque's Huning Highland Historic District. Two adjoining parcels with plans to build an approved fourplex of Eric Spurlock designed, townhome-style units. Plans, zoning, and historic approvals are complete, making it nearly shovel-ready. Located near EDo, Downtown, and major corridors, this project offers a ready-to-build infill site in a historic, high-demand area. Owner financing available -- 30% down (negotiable based on interest rate), 30-year term, 5-year balloon.

0.16
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Explore nearby subdivisions in Albuquerque Area

Looking beyond Eastern? These nearby subdivisions in the Albuquerque area have homes on the market now. Each one has its own character and price range, so comparing a few is the quickest way to find the right fit.

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.