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324 Harvard Drive SE Albuquerque, NM $ 450,000
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$ 450,000 Get more info
324 Harvard Drive SE
$ 450,000
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324 Harvard Drive SE

Albuquerque, NM, 87106
$ 450,000
Bedrooms4 Baths3.0 Sq 1,662

Monthly Estimate*

$ 3,108

324 Harvard Drive SE, Albuquerque, NM 87106 - Image 1
324 Harvard Drive SE, Albuquerque, NM 87106 - Image 2
324 Harvard Drive SE, Albuquerque, NM 87106 - Image 3
324 Harvard Drive SE, Albuquerque, NM 87106 - Image 4
324 Harvard Drive SE, Albuquerque, NM 87106 - Image 5
324 Harvard Drive SE, Albuquerque, NM 87106 - Image 6
324 Harvard Drive SE, Albuquerque, NM 87106 - Image 7
324 Harvard Drive SE, Albuquerque, NM 87106 - Image 8

Multi-Family Home for sale in Albuquerque, NM

for $450,000 with 4 bedrooms and 3 full baths. This 1,662 square foot home was built in 1948 on a lot size of 0.16.

UNM Value-Add 4-Plex Investment | Great Owner-Occupant Opportunity!324 Harvard Dr. SE presents an attractive value-add multifamily investment opportunity in Albuquerque's highly desirable University Heights neighborhood. This 4-unit property features a unique layout consisting of a spacious 2-bedroom, 1-bathroom main house with an attached 1-bedroom casita and a freestanding duplex comprised of two additional 1-bedroom units. With current rents below market rates, the property offers approximately 28% potential rental income upside and a projected 6.31% pro forma cap rate. Additional amenities include onsite parking, exterior storage closets, and onsite laundry facilities. Conveniently located near UNM, CNM, major hospitals, and Downtown Albuquerque, this property offers an excellent opportunity for investors seeking rental income growth or owner-occupants looking to offset their housing expenses with additional rental income.

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Multi-Family Active

Price

$ 450,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,959

Style

Lot Size

0.16

Year Built

1948

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1113847
Features
General
Heating Radiant
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Dishwasher Free-Standing Gas Range Microwave Refrigerator
Year Built 1948
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 41040
County Bernalillo
Operating Expense 20193
New Construction false
Property Type Residential Income
Subdivision Name University Hts Add
Green Energy Generation None
Status Active
Directions From I-25 exit east onto Central Ave. Turn south onto Harvard Dr. SE and continue past Silver Ave. Property is on the east side at 324 Harvard Dr. SE.s located on the east side of Harvard
City Albuquerque
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-ML*
Number Of Units Total 4
MLS Area 42 - UNM South
Lot Size Square Feet 7100
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 3959.02
Property Condition Resale
Builder Name N/A
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Total Actual Rent 2350
Property Sub Type Additional Quadruplex
Legal Description n/a
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Interior
Basement Finished
Flooring Vinyl Wood
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 4
Unit Type Manager's Unit
Total Baths 3
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Exterior
Exterior Amenities Landscaping
Number of Buildings 2
Building Area Total 1662
Lot Size Acres 0.16
Lot Size Source Public Records
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* Excluded Features
List By
Luke Scarpa

Listing Agent

Nai Sunvista Commercial Re

Broker

luke@sunvista.com

Email

Affordability Calculator

$3,438
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$330
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
11/11/2026$450,000 Listed Price

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324 Harvard Drive SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $450,000 with 1,662 sqft and a lot size of 0.16. 324 Harvard Drive SE has 4 bedrooms, 3.0 baths, and was built in 1948. The property's zip code is 87106 which is in Albuquerque, NM

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