Vista Heights homes for sale in Albuquerque, NM

412 Harvard Drive SE, Albuquerque

Welcome to 412 Harvard Blvd SE! This versatile property features a 3-bedroom, 2-bath main house plus a detached 1-bedroom, 1-bath casita with a tenant already in place, providing immediate investment income. The property is fully fenced, with the casita enjoying its own separate fenced area for added privacy. Ideally located less than 10 minutes from UNM Hospital and just 3 minutes(0.6 acre) to the UNM main campus, this home offers flexibility--live in the main house while collecting monthly income, or rent out both units as a fantastic investment. Don't miss this incredible opportunity!

412 Harvard Drive SE, Albuquerque

Welcome to 412 Harvard Blvd SE! This versatile property features a 3-bedroom, 2-bath main house plus a detached 1-bedroom, 1-bath casita with a tenant already in place, providing immediate investment income. The property is fully fenced, with the casita enjoying its own separate fenced area for added privacy. Ideally located less than 10 minutes from UNM Hospital and just 3 minutes(0.6 acre) to the UNM main campus, this home offers flexibility--live in the main house while collecting monthly income, or rent out both units as a fantastic investment. Don't miss this incredible opportunity!

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.

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.

205 Stanford Drive SE, Albuquerque

INVESTMENT OPPORTUNITY NEAR UNM! This well-positioned fourplex offers an excellent opportunity for investors or owner-occupants seeking income potential in the highly desirable University area. The property features updated units, convenient off-street parking, and a prime location near UNM, CNM, Nob Hill, shopping, dining, and major transportation routes. Updates throughout help provide modern appeal while the four-unit configuration offers multiple income streams. A great opportunity to own a well-located multifamily property in a high-demand rental area. DO NOT DISTURB TENANTS.

322 Columbia Drive SE B, Albuquerque

Spacious, renovated University Heights 3br/2.5ba home with a rare 2-car garage, only a short walk to UNM, CNM & Nob Hill! The primary suite is a private loft: bamboo floors, walk-in closet, its own bathroom & balcony. Downstairs, a wood-burning fireplace under a vaulted ceiling, with clerestory windows, keeping it bright all day. Main level features a remodeled kitchen & tile floors throughout. Two more main-level bedrooms--one opens to an interior patio & makes an ideal home office. Mini-splits provide zoned refrigerated air & heat. TPO roof, newer energy-efficient windows ('22) & appliances (refrigerator, dishwasher, W/D), & rainwater harvesting keep costs low. Drought-tolerant garden oasis on east side; another petite garden & additional parking in front. See the 3D tour. Come see!

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.

413 Princeton Drive SE, Albuquerque

Seller is offering a $6k credit for sewer repairs! Welcome to a truly special property in a prime location near UNM, where character, thoughtful design, and incredible potential come together. Completely remodeled in 2026, this home offers the possibility of a third bedroom and features new windows, a new roof, stucco, upgraded electrical, new HVAC system with refrigerated air, a mini-split in the sunroom, new appliances, and upgraded finishes throughout. The expansive lot with alley and backyard access creates endless possibilities, whether you envision a garden, workshop, additional living space, multifamily project, or future passive-income opportunity. Located just minutes from UNM, restaurants, shops, and everything you need, this move-in-ready home is truly one of a kind, with baby-blue touches and a personality that sets it apart. A rare opportunity to own a beautifully renovated home with the space and potential to make it your own.

322 Princeton Drive SE, Albuquerque

A rare, fully reimagined property near UNM, CNM, UNM Hospital, and Presbyterian! This beautifully renovated home offers exceptional flexibility with a fully updated main residence plus a newly finished casita/ADU -- perfect for multi-generational living, guest quarters, rental income, or investment potential. The main home features new flooring, updated windows, renovated bathrooms, a stylish kitchen with new porcelain countertops, an added 3/4 bath, and a completely finished basement with laundry -- ideal for a home office, game room, studio, workout area, or flex space. Plumbing and electrical have been extensively upgraded to current code standards, and a newer HVAC system was installed for the main home approximately two years ago. Click More . . .

121 Princeton Drive SE, Albuquerque

Welcome to 121 Princeton SE. One of the lowest $/SF offerings in the UNM multi-family submarket, this property offers a unique and updated 2 house compound just 1 block to UNM, great local shopping, entertainment, breweries, & restaurants.The MAIN HOUSE lives larger than its 1,440 SF - with a giant living room, a lovely sun room, a studio space ideal for projects or an at home office (with separate entry off driveway), and one of the best private mastersuites we've seen in the neighborhood. It also includes a semi-finished 240 SF basement, a 168 SF enclosed sunroom, and a 170 SF finished hobby, workshop, or storage space (none of which areincluded in the heated SF). Residents also love the long driveway with plenty of off-street parking, private yard, and a flexible floor plan with 3 bedrooms, a laundry / utility room with washer / dryer hook ups, as well as the built-ins, great natural light, vintage fixtures, and original casework. Meanwhile, the 540 SF CASITA also features a private driveway with gated entry to a large yard, adobe wall, and a flexible open floor plan w/ a full-size kitchen, a stacked washer / dryer in the apartment w/ updated fixtures and luxury vinyl plank flooring throughout.