8

Fairgrounds Multifamily Homes & Duplexes for Sale

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  • /7

    $370,000

    • 2 Beds
    • 1 Bath

    411 Wisconsin St NE, Albuquerque, NM 87108

    Excellent opportunity to own a fully rented four-plex located in the heart of Albuquerque's La Mesa neighborhood. Each unit offers 2 bedrooms, 1 bathroom, approximately 680 sq ft of living space, individual washer/dryer hookups, a washer currently in each unit, a storage unit with electricity houses 2 dryers, tile flooring throughout (no carpet), and one dedicated parking space. All units have

    Tara Diaz EXP Realty LLC

    411 Wisconsin St NE, Albuquerque, NM 87108
  • /32

    $235,000

    • 1 Bed
    • 1 Bath
    • 1,712 Sq Ft

    304 Texas St NE, Albuquerque, NM 87108

    Great triplex with two long-term occupants! Shaded courtyard entry with off-street parking. Closed storage at rear of property. Do not disturb tenants, walk through of units with accepted offers. Call listing agent with any questions. YTD operating expenses in documents. Bundle with 408 Pennsylvania and 408 Texas for a ready-made portfolio!

    Sarah Rich GDR Property Solutions, LLC

    304 Texas St NE, Albuquerque, NM 87108
  • /12

    $265,000

    • 2 Beds
    • 1 Bath
    • 1,890 Sq Ft

    324 Charleston St NE, Albuquerque, NM 87108

    Duplex investment opportunity. Consistently rented out. Well maintained and taken care of. Ready for new owners to take over. Both units feature hardwood floors, country kitchens, & separate backyards.

    Lindsey Thomas Coldwell Banker Legacy

    324 Charleston St NE, Albuquerque, NM 87108
  • /17

    $339,800

    • 2 Beds
    • 1 Bath
    • 2,760 Sq Ft

    236 San Pablo St NE, Albuquerque, NM 87108

    This 4 Plex consisting of 3 one bedroom units, and an owners unit featuring a 2 bedroom 1 bathroom, is an Incredible investment opportunity in a sought after area of town, with a large tenant base. Pride of ownership shows with recent maintenance and beautiful wood floors. 236 & 240 San Pablo share a common area in the center of the property and are the perfect pair for purchase; each sit on a

    Steffan Walters Jason Mitchell RE NM

    236 San Pablo St NE, Albuquerque, NM 87108
  • /17

    $339,800

    • 2 Beds
    • 1 Bath
    • 2,760 Sq Ft

    240 San Pablo St NE, Albuquerque, NM 87108

    This 4 Plex consisting of 3 one bedroom units, and an owners unit featuring a 2 bedroom 1 bathroom, is an Incredible investment opportunity in a sought after area of town, with a large tenant base. Pride of ownership shows with recent maintenance and beautiful wood floors. 236 & 240 San Pablo share a common area in the center of the property and are the perfect pair for purchase; each sit on a

    Steffan Walters Jason Mitchell RE NM

    240 San Pablo St NE, Albuquerque, NM 87108
  • /7

    $930,000

    • 1 Bath
    • 7,500 Sq Ft

    335 Espanola St NE, Albuquerque, NM 87108

    Back on the market after multiiple offers.This property has recent appraisal with a today value of $930,000 and a future value of $1,070,000 and is approved for a loan from the Ventana Fund with a term sheet that includes 80% loan to value, 5.35% interest rates. Lender would require approval of the Buyer(s).

    Todd Clarke NM Apartment Advisors, Inc.

    335 Espanola St NE, Albuquerque, NM 87108
  • /2

    $320,000

    • 2 Beds
    • 1 Bath
    • 2,304 Sq Ft

    325 Tennessee St NE, Albuquerque, NM 87108

    INVESTMENT OPPORTUNITY YOU DON'T WANT TO MISS. This tri-plex on Tennessee Street offers three single-story units, each about 750 square feet with 2 bedrooms, 1 bath, and small yards! Inside you'll find a simple, functional layout with a range and refrigerator included. Each apartment comes with its own dedicated parking space, creating ease for tenants. The property is currently tenant occupied,

    Jonathan Tenorio Keller Williams Realty

    325 Tennessee St NE, Albuquerque, NM 87108
  • /2

    $250,000

    • 1 Bed
    • 1 Bath

    219 Dallas St NE, Albuquerque, NM 87108

    Solid Investment Opportunity: This 4-unit, 1-bedroom/1-bath fourplex offers approximately 500sq. ft. per unit with efficient layouts featuring a kitchen and open living space. Three units are vacant with some modern updates already completed, while one unit remains occupied in original condition. Recent upgrades include brand new, up-to-code electrical service for the entire building and a

    Michael Matias Three Sons Property Mgmt.

    219 Dallas St NE, Albuquerque, NM 87108

Why Live in Fairgrounds

Fairgrounds, a suburban neighborhood in Albuquerque, is situated approximately 7 miles east of downtown. This area offers convenient access to shopping, dining, and the University of New Mexico, all while providing scenic views of the Sandia Mountains. The neighborhood is home to over 16,000 residents, including singles, families, and older adults, who appreciate the proximity to malls and major companies like Amazon and Facebook. The local housing market features midcentury ranch- and Pueblo Revival-style homes built between the 1950s and 1985, as well as newer Craftsman-style homes constructed from the early 2010s onward. These homes typically have earth-toned stucco exteriors, flat roofs, and two-car garages, with some properties featuring fenced yards. Fairgrounds boasts a variety of things to do, including family-friendly events, parks, and dining options. Jerry Cline Park offers soccer fields, tennis courts, and a playground, along with a 1-mile gravel trail. The Downs Racetrack & Casino, located about a mile south, hosts horse races, blackjack, and live entertainment. For dining, Christy Mae’s Restaurant and Humble Coffee Company are popular local spots. The Winrock Town Center shopping mall, 2 miles north, provides additional retail and dining options. Main thoroughfares like Lomas, Louisiana, and San Mateo Boulevards facilitate easy commutes, with rush hour times averaging 15 minutes. Public transportation is available via Albuquerque RIDE buses, and bike lanes are present along the eastern border. The Presbyterian Kaseman Hospital is 2 miles northeast, and Albuquerque International Sunport is about 7 miles southwest.

Home Trends in Fairgrounds, NM

Housing Trends

Median Sale Price
$289,000
Median Single Family Sale Price
$290,000
Median 2 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$192
Number of Homes for Sale
29
Last 12 months Home Sales
129
Months of Supply
2.70
Median List Price
$305,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%
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