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514 Alvarado Drive SE Albuquerque, NM $ 265,000
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$ 265,000 Get more info
514 Alvarado Drive SE
$ 265,000
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514 Alvarado Drive SE

Albuquerque, NM, 87108
$ 265,000
Bedrooms3 Baths3.0 Sq 1,975

Monthly Estimate*

$ 1,830

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Multi-Family Home for sale in Albuquerque, NM

for $265,000 with 3 bedrooms and 3 full baths. This 1,975 square foot home was built in 1952 on a lot size of 0.16.

Investment opportunity in Southeast Albuquerque! This triplex offers an established rental history and a roof that is only 7 years old. One unit is currently vacant and available for showings, providing an opportunity to view the property firsthand. Ideally sold together with the neighboring triplex at 508 Alvarado Drive SE - MLS #1113516, offering investors the opportunity to acquire six rental units in one location. Separate offers may also be considered.

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Multi-Family Active

Price

$ 265,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,970

Style

Lot Size

0.16

Year Built

1952

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1113517
Features
General
Heating Wall Furnace
Cooling Evaporative Cooling Window Unit(s)
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Appliances Free-Standing Gas Range Refrigerator
Construction Materials Stucco
Year Built 1952
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Triplex
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Baron Burg Heights
Green Energy Generation None
Status Active
Directions **Make sure you use SE not NE** From San Mateo Blvd SE head east on Zuni Rd SE. Turn right (south) onto Alvarado Dr SE. Property will be on the right at 514 Alvarado Dr SE.
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description MX-L*
Number Of Units Total 3
MLS Area 71 - Southeast Heights
Lot Size Square Feet 6752
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 1970.5
Property Condition Resale
Builder Name Unknown
Standard Status Active
Year Built Source Appraiser
Total Actual Rent 900
Property Sub Type Additional Triplex
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Landscaping
Number of Buildings 1
Building Area Total 1975
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Michelle Rohl

Listing Agent

Era Summit

Broker

michellerohl@eraabq.com

Email

Affordability Calculator

$1,994
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,830
Monthly Property Taxes
$164
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/4/2026$265,000 Listed Price

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514 Alvarado Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $265,000 with 1,975 sqft and a lot size of 0.16. 514 Alvarado Drive SE has 3 bedrooms, 3.0 baths, and was built in 1952. The property's zip code is 87108 which is in Albuquerque, NM

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