502 Headingly Avenue NW Albuquerque, NM $ 750,000
502 Headingly Avenue NW
$ 750,000
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502 Headingly Avenue NW

Albuquerque, NM, 87107
$ 750,000
Bedrooms12 Baths8.0 Sq 4,747

Monthly Estimate*

$ 4,736

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Multi-Family Home for sale in Albuquerque, NM

for $750,000 with 12 bedrooms and 8 full baths. This 4,747 square foot home was built in 1951 on a lot size of 0.46.

FOUR-ADDRESS 7-UNIT INCOME COMPOUND ON ONE LOT! Rare commercial multi-family investment portfolio opportunity featuring four distinct physical addresses 502 Headingly Ave NW, 504 Headingly Ave NW, 506 Headingly Ave NW, and 3921 5th St NW. all legally situated on one single, low-maintenance parcel. Streamlined portfolio management with massive high-density cash flow.Current Unit Breakdown (5 Turn-Key Units):Two separate duplexes: Each featuring 2-bedroom, 1-bathroom layouts.One detached home: Featuring a 2-bedroom, 1-bathroom layout.Two detached cottages: Each featuring cozy 1-bedroom, 1-bathroom layouts.Massive Value-Add Potential (6th & 7th Units):The property features an additional standalone structure primed for immediate equity growth. The framework, electrical wiring, and plumbing rough-ins are completely in place--finish it out to instantly add a 6th rent-generating unit! Additionally, there is potential to optimize/add a 7th unit on-site. Property is priced and valued based on its current operational footprint, giving the next owner massive built-in upside.Important Disclosures: Sold strictly AS-IS, WHERE-IS. Please submit all offers subject to interior inspection out of respect for current occupants. Buyer is strictly responsible for independently verifying all unit square footages, exact utility configurations/metering, local zoning codes, certificate of occupancy status, and permitting/completion requirements for the unfinished spaces prior to the expiration of contingencies. Call today for a complete APOD sheet, rent roll, and to schedule your private tour!

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Multi-Family Pending

Price

$ 750,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 6,895

Style

Lot Size

0.46

Year Built

1951

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1108818

Features
General
Heating Central Other Wall Furnace
Cooling Evaporative Cooling Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Electric Range Free-Standing Gas Range Refrigerator
Year Built 1951
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Multi Family
Gross Income 78600
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Monkbridge
Green Energy Generation None
Status Pending
Directions From Candelaria and 5th street north to Headingly property is on the corner of 5th and Headingly502 Headingly504 Headingly506 Headingly3921 5th St
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-1C*
Number Of Units Total 7
MLS Area 101 - Near North Valley
Lot Size Square Feet 20038
Listing Terms Cash Conventional
Tax Annual Amount 6895.5
Property Condition Resale
Builder Name Unknown
Standard Status Pending
Total Actual Rent 6550
Property Sub Type Additional Multi Family
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 12
Total Baths 8
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Exterior
Number of Buildings 5
Building Area Total 4747
Lot Size Acres 0.46
Lot Size Source Public Records
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* Excluded Features
List By
Terrance Belcher

Listing Agent

Aim Properties

Broker

terrance2636@gmail.com

Email

Affordability Calculator

$5,310
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,736
Monthly Property Taxes
$575
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/10/2026$750,000 Listed Price

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502 Headingly Avenue NW, Albuquerque, NM, 87107 is a Multi-Family Home for sale at $750,000 with 4,747 sqft and a lot size of 0.46. 502 Headingly Avenue NW has 12 bedrooms, 8.0 baths, and was built in 1951. The property's zip code is 87107 which is in Albuquerque, NM