401 & 405 Indiana Street SE Albuquerque, NM $ 800,000
401 & 405 Indiana Street SE
$ 800,000
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401 & 405 Indiana Street SE

Albuquerque, NM, 87108
$ 800,000
Bedrooms6 Baths3.0 Sq 6,400

Monthly Estimate*

$ 5,051

401 & 405 Indiana Street SE, Albuquerque, NM 87108 - Image 1
401 & 405 Indiana Street SE, Albuquerque, NM 87108 - Image 2
401 & 405 Indiana Street SE, Albuquerque, NM 87108 - Image 3
401 & 405 Indiana Street SE, Albuquerque, NM 87108 - Image 4
401 & 405 Indiana Street SE, Albuquerque, NM 87108 - Image 5
401 & 405 Indiana Street SE, Albuquerque, NM 87108 - Image 6

Multi-Family Home for sale in Albuquerque, NM

for $800,000 with 6 bedrooms and 3 full baths. This 6,400 square foot home was built in 1963 on a lot size of 0.37.

Prime investment opportunity featuring two side-by-side fourplexes (8 total units)). Each 800 sq ft, 2-bed, 1-bath residence features an efficient floor plan with bright living space, full kitchen, and dedicated in-unit laundry hookups. This high-demand amenity eliminates shared laundry logistics, drives tenant retention, and supports premium rents.

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Multi-Family Active

Price

$ 800,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,549

Style

Lot Size

0.37

Year Built

1963

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1110588

Features
General
Heating Wall Furnace
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Appliances Free-Standing Electric Range Disposal Refrigerator Range Hood Self Cleaning Oven
Construction Materials Brick Frame
Year Built 1963
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Multi Family
Gross Income 78424
County Bernalillo
Operating Expense 52509
New Construction false
Property Type Residential Income
Subdivision Name Mesa Park Add
Green Energy Generation None
Status Active
Directions From Downtown head east on Lead Ave SE as it transitions into Zuni Rd SE. Continue straight on Zuni Rd SE for about 4 miles passing San Mateo Blvd SE. Turn right onto Indiana St SE just before Louisiana Blvd SE and 401 and 405 Indiana St SE will be on your left.
City Albuquerque
Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description C-1
Number Of Units Total 8
MLS Area 71 - Southeast Heights
Lot Size Square Feet 16204
Listing Terms Cash Conventional FHA
Tax Annual Amount 4549.68
Property Condition Resale
Additional Parcels Y/N true
Builder Name Unknown
Standard Status Active
Year Built Source Assessor
Total Actual Rent 7705
Property Sub Type Additional Multi Family
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Interior
Flooring Carpet Laminate Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Washer Hookup Dryer Hookup In Unit
Total Bedrooms 6
Total Baths 3
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Exterior
Number of Buildings 2
Building Area Total 6400
Lot Size Acres 0.37
Lot Size Source Public Records
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* Excluded Features
List By
Charles V Sheldon

Listing Agent

T & C Management, Llc

Broker

csheldon@tandcmanagement.com

Email

Affordability Calculator

$5,430
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$379
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
9/8/2026$800,000 Listed Price

Map


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401 & 405 Indiana Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $800,000 with 6,400 sqft and a lot size of 0.37. 401 & 405 Indiana Street SE has 6 bedrooms, 3.0 baths, and was built in 1963. The property's zip code is 87108 which is in Albuquerque, NM