301 Graceland Drive SE Albuquerque, NM ^$ 695,000

301 Graceland Drive SE

^$ 695,000

Back to search

Recently Listed

301 Graceland Drive SE

Albuquerque, NM, 87108

^$ 695,000

Bedrooms9 Baths5.0 Sq 3,335

Monthly Estimate*

^$ 4,388

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 1

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 2

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 3

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 4

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 5

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 6

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 7

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 8

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 9

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 10

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 11

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 12

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 13

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 14

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 15

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 16

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 17

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 18

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 19

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 20

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 21

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 22

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 23

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 24

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 25

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 26

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 27

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 28

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 29

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 30

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 31

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 32

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 33

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 34

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 35

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 36

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 37

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 38

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 39

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 40

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 41

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 42

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 43

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 44

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 45

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 46

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 47

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 48

301 Graceland Drive SE, Albuquerque, NM 87108 - Image 49

View a Virtual Tour

Multi-Family Home for sale in Albuquerque, NM

for $695,000 with 9 bedrooms and 5 full baths. This 3,335 square foot home was built in 1962 on a lot size of 0.19.

Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.

Multi-Family Active

Price

^$ 695,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,500

Style

Lot Size

0.19

Year Built

1962

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1109351

Features

General

Heating Central Forced Air

Cooling Evaporative Cooling

Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Appliances Free-Standing Electric Range Refrigerator

Year Built 1962

Tenant Pays Electricity Gas

Stories Count 1

Levels One

Property Subtype Multi Family

County Bernalillo

New Construction false

Property Type Residential Income

Subdivision Name Grande Add

Green Energy Generation None

Status Active

Directions From Central and Washington go south on Washington past Silver to Mesa Grande then west to Graceland. Property is on the NE corner of Mesa Grande and Graceland.

City Albuquerque

Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure

Zoning Description MX-T*

Number Of Units Total 5

MLS Area 42 - UNM South

Lot Size Square Feet 8276

Listing Terms Cash Owner May Carry Other See Remarks

Tax Annual Amount 5500.28

Property Condition Resale

Virtual Tour https://my.matterport.com/show/?m=cSiNRPCJsVZ https://my.matterport.com/show/?m=cSiNRPCJsVZ

Builder Name Unknown

Standard Status Active

Total Actual Rent 3450

Property Sub Type Additional Multi Family

Interior

Interior Amenities Skylights

Flooring Carpet Concrete

Air Conditioning Y/N true

Heating Y/N true

Window Features Skylight(s)

Total Bedrooms 9

Total Baths 5

Exterior

Number of Buildings 1

Building Area Total 3335

Lot Size Acres 0.19

Lot Size Source Public Records

* Excluded Features

List By

Julie Turner

Listing Agent

Realty One Group Concierge

Broker

julie@rogconcierge.com

Affordability Calculator

$4,847

Per Month

Monthly Principal & Interest: $4,388
Monthly Property Taxes: $458
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$644,695

Percent of Sale Price 7%

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
8/18/2026	$695,000		Listed Price

Map

More homes like this one

homes for you

See all

301 Graceland Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $695,000 with 3,335 sqft and a lot size of 0.19. 301 Graceland Drive SE has 9 bedrooms, 5.0 baths, and was built in 1962. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 8/18/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

301 Graceland Drive SE

Multi-Family Home for sale in Albuquerque, NM

Affordability Calculator

Map

More homes like this one

Get more info about this home