Back to search
1325 Wellesley Drive SE Albuquerque, NM $ 4,500,000
Share Save
$ 4,500,000 Get more info
1325 Wellesley Drive SE
$ 4,500,000
Back to search
Recently Listed
Share Save

1325 Wellesley Drive SE

Albuquerque, NM, 87106
$ 4,500,000
Bedrooms2 Baths3.0 Sq 28,600

Monthly Estimate*

$ 28,413

1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 1
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 2
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 3
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 4
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 5
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 6
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 7
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 8
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 9
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 10
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 11
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 12
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 13
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 14
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 15
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 16
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 17
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 18
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 19
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 20
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 21
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 22
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 23
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 24
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 25
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 26
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 27
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 28
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 29
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 30
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 31
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 32
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 33
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 34
1325 Wellesley Drive SE, Albuquerque, NM 87106 - Image 35

Multi-Family Home for sale in Albuquerque, NM

for $4,500,000 with 2 bedrooms and 3 full baths. This 28,600 square foot home was built in 1970 on a lot size of 1.53.

The property is strategically positioned near two of New Mexico's largest employment anchors, Kirtland Air Force Base and Sandia National Laboratories, and the Max-Q development providing convenient access to thousands of jobs in defense, technology, engineering and research. The property also benefits from sitting on the eastern edge of the Puerta Del Sol Public golf course.With a start price of $4,500,000 the property is being marketed well below the 2023 appraisal of $5,490,000 using the BID process. With current average rents of $615 per unit, the metrics of investment performance include a 7.63 GRM, 8.35% cap rate, 9.06% cash on cash and an out of the universe IRR.Portions of the property have an affordable housing component, which may convey with the property.Property offering timeline:- 10/21/2026 - noon - Wednesday - property tour (RSVP for each person required)- 10/22/2026 - noon - Thursday - offer deadline.Qualified investors can RSVP for the tour and access the confidential document center.Do not miss out on this once on a generation opportunity to own a large, golf course fronting and affordable apartment investment.

See more
Multi-Family Active

Price

$ 4,500,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 21,241

Style

Lot Size

1.53

Year Built

1970

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1111973
Features
General
Heating Wall Furnace
Cooling Evaporative Cooling
Utilities Electricity Connected Sewer Connected Water Connected
Appliances Refrigerator
Construction Materials Frame
Year Built 1970
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Multi Family
Gross Income 568017
Accessibility None
County Bernalillo
Operating Expense 207085
New Construction false
Property Type Residential Income
Subdivision Name Sunport Lodgings Add
Green Energy Generation None
Status Active
Directions From I-25 & Gibson east to Girard north four blocks west to property.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 80
MLS Area 42 - UNM South
Lot Size Square Feet 66560
Listing Terms Cash Conventional
Tax Annual Amount 21241
Property Condition Resale
Builder Name Unknown
Standard Status Active
Year Built Source Public Records
Total Actual Rent 49162
Property Sub Type Additional Multi Family
Legal Description Tract 2-B Sunport Lodgings Addition
See more
Interior
Flooring Carpet Tile Vinyl
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 3
See more
Exterior
Number of Buildings 4
Building Area Total 28600
Lot Size Acres 1.53
Lot Size Source Public Records
See more
* Excluded Features
List By
Todd D Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Email

Affordability Calculator

$30,184
Per Month
94%
6%
0%
Monthly Principal & Interest
$28,413
Monthly Property Taxes
$1,770
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.
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
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/4/2026$4,500,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1325 Wellesley Drive SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $4,500,000 with 28,600 sqft and a lot size of 1.53. 1325 Wellesley Drive SE has 2 bedrooms, 3.0 baths, and was built in 1970. The property's zip code is 87106 which is in Albuquerque, NM

Get more info