1101 Dr Martin Luther King Jr Avenue NE 12 Albuquerque, NM $ 225,000
1101 Dr Martin Luther King Jr Avenue NE 12
$ 225,000
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1101 Dr Martin Luther King Jr Avenue NE 12

Albuquerque, NM, 87106
$ 225,000
Bedrooms1 Baths1.0 Sq 600

Monthly Estimate*

$ 1,554

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Multi-Family Home for sale in Albuquerque, NM

for $225,000 with 1 bedroom and 1 full bath. This 600 square foot home was built in 2006 on a lot size of 0.23.

Rare Upscale Loft-Style Studio Condo in an Unbeatable Albuquerque Location.Enjoy convenient, low-maintenance living in this beautifully appointed loft-style studio condo in the desirable gated community of Mulberry Gardens. Ideally located just approximately 0.4 miles from the University of New Mexico, this unique property offers exceptional proximity to UNM, UNM Hospital, Presbyterian Hospital, Lovelace Medical Center, and numerous other healthcare facilities.One of the community's few studio condos, this inviting home features gorgeous hardwood floors, abundant natural light, and a beautiful full-size kitchen with appliances. The spacious full bathroom includes a relaxing garden tub, while the walk-in closet and in-unit washer and dryer add everyday convenience.A private patio/deck extends the living space outdoors, creating a wonderful indoor/outdoor living experience. All residences open onto a beautifully landscaped, private and secure courtyard, offering a peaceful setting within this gated community.An especially valuable feature is the included one-car garage with automatic opener & keyless entry-security code.Whether you're a UNM student, healthcare professional, university employee, or someone seeking a convenient Albuquerque getaway, this property offers an appealing combination of location, comfort, and convenience.Investors take note: With an established 20-year rental history and a location near major employment, education, and medical centers, this property presents an interesting opportunity for long-term rental ownership.Convenient access to I-25 makes commuting to Downtown Albuquerque, the airport, Nob Hill, shopping, restaurants, and other destinations easy.A distinctive property in a highly convenient location. Don't miss this opportunity to own a unique studio condo in Mulberry Gardens.Professionally managed - pride of ownership community. Parking permit only on-site.

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Multi-Family Active

Price

$ 225,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,644

Style

Lot Size

0.23

Year Built

2006

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1113902

Features
General
Heating Central Forced Air
Cooling Refrigerated
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Dryer Dishwasher Disposal Microwave Refrigerator Self Cleaning Oven Washer
Patio/Porch Features Patio
Security Features Security Gate
Construction Materials Frame Stucco
Year Built 2006
Electric None
Tenant Pays Electricity Gas Minor Interior Maintenance Sewer Trash Collection Water
Stories Count 2
Levels Two
Unit Number 12
Property Subtype Other
Gross Income 16200
Community Features Deck/Porch Patio
County Bernalillo
New Construction false
Property Type Residential Income
Subdivision Name Mulberry Gardens private gated community
Green Energy Generation None
Green Water Conservation Water-Smart Landscaping
Status Active
Directions use your GPS for best directions From I-25 go EAST ON MLK approximately 2 blocks Mulberry Gardens is located on the corner of MLK and Mulberry NE.
City Albuquerque
Disclosures Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-MH*
Number Of Units Total 1
MLS Area 40 - UNM
Lot Size Square Feet 10236.6
Listing Terms Cash Conventional FHA Owner May Carry Other See Remarks VA Loan
Tax Annual Amount 1644.54
Property Condition Resale
Builder Name Sean Gillian
Standard Status Active
Total Actual Rent 16200
Property Sub Type Additional Other
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Interior
Flooring Carpet Free Tile Wood
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Lighting Patio
Total Parking 1
Number of Buildings 1
Building Area Total 600
Lot Size Acres 0.23
Lot Size Source Public Records
Other Equipment Intercom
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* Excluded Features
List By
April Ager

Listing Agent

Nm Real Estate Resources, Inc

Broker

April@AprilAger.com

Email

Affordability Calculator

$1,691
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$137
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
11/12/2026$225,000 Listed Price

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1101 Dr Martin Luther King Jr Avenue NE 12, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $225,000 with 600 sqft and a lot size of 0.23. 1101 Dr Martin Luther King Jr Avenue NE 12 has 1 bedrooms, 1.0 baths, and was built in 2006. The property's zip code is 87106 which is in Albuquerque, NM