126 Altez Street NE Albuquerque, NM ^$ 375,000

126 Altez Street NE

^$ 375,000

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126 Altez Street NE

Albuquerque, NM, 87123

^$ 375,000

Bedrooms8 Baths4.0 Sq 3,072

Monthly Estimate*

^$ 2,309

126 Altez Street NE, Albuquerque, NM 87123 - Image 1

Multi-Family Home for sale in Albuquerque, NM

for $375,000 with 8 bedrooms and 4 full baths. This 3,072 square foot home was built in 1977 on a lot size of 0.19.

This four-unit apartment building offers a strong investment opportunity with a current 9.39% cap rate at full asking price. The property features four residential 2 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. A new roof was installed August of 2023 Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow.

Multi-Family Active

Price

^$ 375,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,492

Style

Lot Size

0.19

Year Built

1977

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1099820

Features

General

Heating Forced Air

Cooling Evaporative Cooling

Utilities Electricity Connected Natural Gas Connected Water Connected

Appliances Free-Standing Electric Range Refrigerator

Construction Materials Frame Stucco

Year Built 1977

Tenant Pays Other See Remarks

Stories Count 2

Levels Two

Property Subtype Multi Family

County Bernalillo

New Construction false

Property Type Residential Income

Subdivision Name Buena Ventura

Green Energy Generation None

Status Active

Directions From the Intersection of Central and Eubank head west till you get to Altez take a right. Property is on the right.

City Albuquerque

Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure

Zoning Description R-MH*

Number Of Units Total 4

MLS Area 50 - Northeast Heights

Lot Size Square Feet 8102

Listing Terms Cash Conventional FHA

Tax Annual Amount 1492.4

Property Condition Resale

Builder Name Unknown

Standard Status Active

Total Actual Rent 4175

Property Sub Type Additional Multi Family

Interior

Flooring See Remarks

Air Conditioning Y/N true

Heating Y/N true

Total Bedrooms 8

Total Baths 4

Exterior

Number of Buildings 1

Building Area Total 3072

Lot Size Acres 0.19

Lot Size Source Public Records

* Excluded Features

List By

Angelo Mora

Listing Agent

Keyway Properties, Inc

Broker

angelo@keywayproperties.net

Affordability Calculator

$2,433

Per Month

Monthly Principal & Interest: $2,309
Monthly Property Taxes: $124
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$585,422

Percent of Sale Price 56%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2026	$375,000		Listed Price

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126 Altez Street NE, Albuquerque, NM, 87123 is a Multi-Family Home for sale at $375,000 with 3,072 sqft and a lot size of 0.19. 126 Altez Street NE has 8 bedrooms, 4.0 baths, and was built in 1977. The property's zip code is 87123 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/28/2026.

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126 Altez Street NE

Multi-Family Home for sale in Albuquerque, NM

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