907 7th & 901 Street NW Albuquerque, NM $ 795,000
907 7th & 901 Street NW
$ 795,000
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907 7th & 901 Street NW

Albuquerque, NM, 87102
$ 795,000
Bedrooms6 Baths6.0 Sq 4,119

Monthly Estimate*

$ 5,491

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Multi-Family Home for sale in Albuquerque, NM

for $795,000 with 6 bedrooms and 6 full baths. This 4,119 square foot home was built in 1931 on a lot size of 0.23.

Within walking distance of breweries, specialty coffee shops, restaurants, grocery stores, major bus routes, parks and the city's primary courthouses, this property gives residents a front-row seat to the energy of Downtown and convenient access to Old Town.Tucked behind classic white picket fences, the two buildings - originally constructed in 1931 and 1936 - offer a total of 4,119 square feet on approximately 0.2296 acres. The six homes have distinctive floor plans, bright living spaces, hardwood floors, built-ins, full kitchens, private yard areas, in-unit washers and dryers, and convenient on- and off-street parking. It is the kind of small-scale, character-rich downtown investment that stands out from the crowd.Owner-Occupant OpportunityWhy buy just one home when you could live in one residence and collect rents from the others? The updated 26-page flyer includes an illustrative owner-occupant analysis showing a net monthly housing cost as low as $770 with a 25% down payment. That figure is a projection, not a loan quote or guarantee; actual results depend on occupancy, financing, expenses and rents.Furnished / Vacation-Rental PotentialFor buyers interested in other operating strategies, the flyer also explores the potential for vacation rentals in the Downtown / Old Town area. Short-term or furnished-rental use, any applicable approvals, licensing, operating costs and projected income should be independently verified.Investment Performance - Six-Unit OfferingThe combined asking price is $795,000 - $132,500 per unit, or $193.01 per square foot. As presented in the updated flyer, the offering has a 10.73 gross rent multiplier (GRM), a 6.19% capitalization rate before reserves and a modeled 13.40% after-tax internal rate of return (IRR). The flyer reports average rent of $1,083 for 2025 and models $1,275 for its 2027 pro forma, with a potential 7.73% capitalization rate before reserves and an 8.66 GRM. Projections are illustrative and are not assured.There is another noteworthy feature: the six homes occupy TWO separate parcels. The owners indicate that the two triplexes can also be sold and financed separately - an option for investors seeking flexibility in acquisition and financing.Get the Flyer, Numbers and Virtual ToursThe 26-page marketing flyer includes the APOD, return model, comparable-sales analysis, floor plans, photographs, surveys and zoning information. Register for additional information and confidential documents here:

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Multi-Family Active

Price

$ 795,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 4,831

Style

Lot Size

0.23

Year Built

1931

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1113715

Features
General
Heating Central Floor Furnace Wall Furnace
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Appliances Dryer Refrigerator Washer
Construction Materials Frame Stucco
Year Built 1931
Tenant Pays Other See Remarks
Stories Count 1
Levels One
Property Subtype Multi Family
Gross Income 74100
Accessibility None
County Bernalillo
Operating Expense 26386
New Construction false
Property Type Residential Income
Subdivision Name Perfecto Armijo Brothers
Green Energy Generation None
Status Active
Directions From I-40 and 6th Street south to Marble west to property located on NW corner.
City Albuquerque
Disclosures Lead Based Paint Disclosure Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-1A*
Number Of Units Total 6
MLS Area 80 - Downtown Area
Lot Size Square Feet 10001
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 4831.04
Property Condition Resale
Additional Parcels Y/N true
Builder Name Unknown
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Total Actual Rent 6680
Property Sub Type Additional Multi Family
Legal Description Lots B & C Portion of Marble Ave Block 32 Perfecto Armijo Brothers
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Interior
Flooring Tile Vinyl
Total Stories 1
Heating Y/N true
Total Bedrooms 6
Unit Type Manager's Unit
Total Baths 6
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Exterior
Number of Buildings 4
Building Area Total 4119
Lot Size Acres 0.23
Lot Size Source Survey
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* Excluded Features
List By
Todd D Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Email

Affordability Calculator

$5,893
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,491
Monthly Property Taxes
$403
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
Pricing History
DatePricePrice ChangeDescription
11/9/2026$795,000 Listed Price

Map


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907 7th & 901 Street NW, Albuquerque, NM, 87102 is a Multi-Family Home for sale at $795,000 with 4,119 sqft and a lot size of 0.23. 907 7th & 901 Street NW has 6 bedrooms, 6.0 baths, and was built in 1931. The property's zip code is 87102 which is in Albuquerque, NM