1011 Edith Blvd NE B-D Albuquerque, NM $ 365,000
1011 Edith Blvd NE B-D
$ 365,000
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1011 Edith Blvd NE B-D

Albuquerque, NM, 87102
$ 365,000
Bedrooms2 Baths1.0 Sq 2,319

Monthly Estimate*

$ 2,277

1011 Edith Blvd NE B-D, Albuquerque, NM 87102 - Image 1
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Multi-Family Home for sale in Albuquerque, NM

for $365,000 with 2 bedrooms and 1 full bath. This 2,319 square foot home was built in 1930 on a lot size of 0.16.

Income-producing 3 unit compound across two separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. All units stabilized and rented at market rates, Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Very competitive Investment metrics strengthen the story and give this property immediate value: CAP rate 5.93%, GRM 9.52, IRR 13.09%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.

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Multi-Family Active

Price

$ 365,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,762

Style

Lot Size

0.16

Year Built

1930

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1096047

Features
General
Heating Central Ductless Forced Air Wall Furnace
Cooling Ductless Evaporative Cooling Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Connected Sewer Available Water Connected
Appliances Free-Standing Gas Range Refrigerator
Construction Materials Block Frame Stucco
Year Built 1930
Tenant Pays Electricity Gas Other See Remarks
Stories Count 1
Levels One
Unit Number B-D
Gross Income 36423
Accessibility None
County Bernalillo
Operating Expense 14786
New Construction false
Property Type Residential Income
Green Energy Generation None
Status Active
Directions From The Big I (I-25 & I-40 interchange) take I-40 East toward Santa Rosa. Exit at 6th St/4th St (Exit 158). Turn right onto 6th St NW then left on Mountain Rd NW. Continue straight until Edith Blvd NE then turn right. Drive about half a mile; 1011B Edith Blvd NE will be on your right.
City Albuquerque
Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description MX-L*
Number Of Units Total 3
MLS Area 80 - Downtown Area
Lot Size Square Feet 7013
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 2762
Property Condition Resale
Structure Type House
Builder Name unknown
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s)
Basement Unfinished
Flooring Carpet Laminate Vinyl Wood
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup ElectricDryer Hookup
Total Bedrooms 2
Total Baths 1
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Exterior
Number of Buildings 2
Building Area Total 2319
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Peter Cochran

Listing Agent

Albuquerque - Weichert, Realtors® - Image

Broker

Affordability Calculator

$2,507
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,277
Monthly Property Taxes
$230
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/29/2025$365,000 Listed Price

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1011 Edith Blvd NE B-D, Albuquerque, NM, 87102 is a Multi-Family Home for sale at $365,000 with 2,319 sqft and a lot size of 0.16. 1011 Edith Blvd NE B-D has 2 bedrooms, 1.0 baths, and was built in 1930. The property's zip code is 87102 which is in Albuquerque, NM