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2104 Lead Avenue SE Albuquerque, NM $ 619,887
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$ 619,887 Get more info
2104 Lead Avenue SE
$ 619,887
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2104 Lead Avenue SE

Albuquerque, NM, 87106
$ 619,887
Bedrooms1 Baths2.0 Sq 2,670

Monthly Estimate*

$ 3,817

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Multi-Family Home for sale in Albuquerque, NM

for $619,887 with 1 bedroom and 2 full baths. This 2,670 square foot home was built in 1936 on a lot size of 0.16.

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. Metrics of investment performance at the ask price of $619,887 and with average rent at $750 include a price per sf of $232, a price per unit of $77,846, a GRM of 8.61, cap rate of 6.54% and an after-tax internal rate of return of 17.1%.

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Multi-Family Active

Price

$ 619,887

Bedrooms

1

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,940

Style

Lot Size

0.16

Year Built

1936

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1104393
Features
General
Heating Wall Furnace
Cooling Ductless
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Refrigerator
Construction Materials Frame Stucco
Year Built 1936
Tenant Pays Other See Remarks
Stories Count 3
Levels Three Or More
Property Subtype Multi Family
Gross Income 69023
Accessibility None
County Bernalillo
Operating Expense 30280
New Construction false
Property Type Residential Income
Subdivision Name Buena Vista Heights Add
Green Energy Generation None
Status Active
Directions From I-25 and Coal east to Yale north to Lead west to property.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-T*
Number Of Units Total 8
MLS Area 40 - UNM
Lot Size Square Feet 7013
Listing Terms Cash Conventional
Tax Annual Amount 1940.58
Property Condition Resale
Additional Parcels Y/N true
Builder Name Unknown
Standard Status Active
Year Built Source Other
Total Actual Rent 6000
Property Sub Type Additional Multi Family
Legal Description Lot 2 Block 4 Buena Vista Heights Addn
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Interior
Flooring Carpet Free Vinyl
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 1
Total Baths 2
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Exterior
Number of Buildings 2
Building Area Total 2670
Lot Size Acres 0.16
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

$3,978
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,817
Monthly Property Taxes
$162
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/29/2026$619,887 Listed Price

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2104 Lead Avenue SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $619,887 with 2,670 sqft and a lot size of 0.16. 2104 Lead Avenue SE has 1 bedrooms, 2.0 baths, and was built in 1936. The property's zip code is 87106 which is in Albuquerque, NM

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