1216 Coal Avenue SW Albuquerque, NM $ 575,000
1216 Coal Avenue SW
$ 575,000
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1216 Coal Avenue SW

Albuquerque, NM, 87102
$ 575,000
Bedrooms4 Baths4.0 Sq 3,000

Monthly Estimate*

$ 3,631

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Multi-Family Home for sale in Albuquerque, NM

for $575,000 with 4 bedrooms and 4 full baths. This 3,000 square foot home was built in 1941 on a lot size of 0.16.

CHECK THIS OUT- FOURPLEX a great Downtown Investment Opportunity! The property features four one bedroom - one bath units with small private patios. Rents are currently below market with 3 longtime tenants on mo to mo leases. MANY CAPITAL IMPROVEMENTS - see documents for list. Units are in average cosmetic condition. This property offers exceptional convenience and appeal to tenants...just blocks from downtown cafes & restaurants, the bustling farmers market, the historic charm of Old Town,.Downtown , Tingley Beach, Rio Grande Pool & Park, Zoo and ACC. Offering bike access to the extensive trail system along the Rio Grande Bosque this 4-plex is a great investment at $143,750/unit. ABQ apartments still show appreciation while offering rent growth potential from entities such as Amazon, Facebook and Netflix Whether you're seeking a steady income stream or a versatile rental investment this fourplex combines location, updates, and strong rental history in one compelling package.

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Multi-Family Active

Price

$ 575,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,039

Style

Lot Size

0.16

Year Built

1941

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1109687

Features
General
Heating Forced Air
Cooling Refrigerated Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Gas Range Refrigerator Range Hood
Patio/Porch Features Patio
Security Features Security Gate
Construction Materials Block Concrete
Year Built 1941
Electric None
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 52200
Community Features Patio
Accessibility None
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Downtown Zoo ACC
Green Energy Generation None
Status Active
Directions From Coal and 13th east to address.
City Albuquerque
Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 4
MLS Area 80 - Downtown Area
Lot Size Square Feet 7013
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 11039.1
Property Condition Resale
Virtual Tour https://kuula.co/share/collection/7T2cL?logo=-1&info=0&fs=1&vr=1&sd=1&initload=0&autop=4&thumbs=1 https://kuula.co/share/collection/7T2cL?logo=-1&info=0&fs=1&vr=1&sd=1&initload=0&autop=4&thumbs=1
Builder Name Unknown
Standard Status Active
Year Built Source Public Records
Total Actual Rent 3175
Property Sub Type Additional Quadruplex
Unit - 1218
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Wood
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup GasDryer Hookup In Unit
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Patio
Total Parking 4
Number of Buildings 2
Building Area Total 3000
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Lisa Parker

Listing Agent

Re/Max Select

Broker

lisaparker4re@gmail.com

Email

Affordability Calculator

$4,551
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$920
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
8/22/2026$575,000 Listed Price

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1216 Coal Avenue SW, Albuquerque, NM, 87102 is a Multi-Family Home for sale at $575,000 with 3,000 sqft and a lot size of 0.16. 1216 Coal Avenue SW has 4 bedrooms, 4.0 baths, and was built in 1941. The property's zip code is 87102 which is in Albuquerque, NM