Multi-Family: MLS #1099257 Albuquerque, NM $ 351,204
Multi-Family: MLS #1099257
$ 351,204
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Multi-Family: MLS #1099257

Albuquerque, NM, 87104
$ 351,204
Bedrooms2 Baths1.0 Sq 3,852

Monthly Estimate*

$ 2,162

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Multi-Family Home for sale in Albuquerque, NM

for $351,204 with 2 bedrooms and 1 full bath. This 3,852 square foot home was built in 1930 on a lot size of 0.44.

2129 Edna NW presents a rare opportunity to acquire a six-unit multifamily property in immediate proximity to Albuquerque's historic Old Town Plaza. This walkable infill location places the asset steps from over 100 retail and restaurant establishments, as well as Sawmill Market, museums, and major cultural amenities.The property consists of six one-bedroom units totaling approximately 3,850 square feet on A+/-0.19 acres. It is being offered at $351,204, representing an attractive basis of approximately $58,500 per unit within a highly desirable submarket.The asset has been family-held for decades and requires substantial renovation. Current average rents are approximately $638 per unit, producing a modest in-place return. However, the investment thesis centers on repositioning.

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Multi-Family Pending

Price

$ 351,204

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 614

Style

Lot Size

0.44

Year Built

1930

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1099257

Features
General
Heating Central
Cooling Evaporative Cooling Multi Units
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Refrigerator
Construction Materials Stucco
Year Built 1930
Electric Net Meter
Tenant Pays Electricity Gas Sewer Water All Utilities
Stories Count 1
Levels One
Property Subtype Multi Family
Gross Income 43605
Community Features Storage Facilities
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Recent replat see listing broker
Green Energy Generation None
Status Pending
Buyer Financing Conventional
Directions From I-40 take Exit 149A and head north on Coors Blvd NW toward Montano. Continue to Montano Rd NW and turn right (east). Travel east on Montano then turn left onto N 18th St NW. From 18th Street turn right onto Edna St NW and continue to 2129 Edna St NW which will be on your left.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-1A*
Number Of Units Total 6
MLS Area 80 - Downtown Area
Lot Size Square Feet 19166
Listing Terms Cash Conventional
Tax Annual Amount 614.74
Property Condition Resale
Builder Name Unknown
Standard Status Pending
Year Built Source Assessor
Total Actual Rent 3828
Property Sub Type Additional Multi Family
Legal Description Recent replat see listing broker
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Interior
Flooring Carpet Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 1
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Exterior
Number of Buildings 1
Building Area Total 3852
Lot Size Acres 0.44
Lot Size Source Public Records
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* Excluded Features
List By
Todd D Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Email

Affordability Calculator

$2,214
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,162
Monthly Property Taxes
$51
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/5/2026$351,204 Listed Price

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