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Albuquerque, NM Multifamily Homes & Duplexes for Sale

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  • /45

    $629,000

    • 2 Beds
    • 2 Baths
    • 5,080 Sq Ft

    834 Griegos Rd NW, Albuquerque, NM 87107

    Welcome to 834 Griegos NW, a unique five-unit compound-style property in Albuquerque's desirable North Valley. This mixed-use investment includes three residential units and two commercial spaces. Built in 1924 (per assessor records), local history suggests part of the building once served as a tack house. One commercial tenant has been in place for over 20 years, providing stability. Situated on

    Agent Photo

    Christopher Cruz

    Keller Williams Realty

    (505) 657-5409

    834 Griegos Rd NW, Albuquerque, NM 87107
  • /8

    $339,000

    • 1 Bed
    • 1 Bath
    • 4,600 Sq Ft

    801 Louisiana Blvd SE, Albuquerque, NM 87108

    ***BACK ON THE MARKET !!!**Fantastic 4-Plex Property! An Incredible Investment Opportunity Awaits You. Enjoy Generous Enclosed Backyards Perfect for Relaxation and Outdoor Activities. Ideally Situated Near the Air Force Base, this Property Offers Convenient Access to Schools, Shopping, and Public Transport. Don't Miss Out--Come See It for Yourself! With a Brand New TPO Roof and Mini Splits

    Agent Photo

    Joann Sandoval

    Casa Grande Realty, LLC

    (505) 509-5390

    801 Louisiana Blvd SE, Albuquerque, NM 87108
  • /52

    $600,000

    • 3 Beds
    • 2.5 Baths
    • 2,090 Sq Ft

    921 Roma Dora Ln, Albuquerque, NM 87121

    Are you looking for room? Come see this spacious 3 bedroom 2.5 baths with lots of opportunities. This home sits on 1 acre of land and has a 3,000 sq. ft. work shop. The property is zoned A-1. Come check out all the great possibilities you can have!

    Morris Lucero Realty One of New Mexico

    921 Roma Dora Ln, Albuquerque, NM 87121
  • /30

    $750,000

    • 2 Beds
    • 2 Baths

    12120 Candelaria Rd NE, Albuquerque, NM 87112

    The property is located close to foothills trails, I-25, Kirtland Air Force Base, Sandia National Laboratories and great local shopping & restaurants. Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are also separately metered for gas and electric. Large parking lot accommodates plenty of off street

    Todd Clarke NM Apartment Advisors, Inc.

    12120 Candelaria Rd NE, Albuquerque, NM 87112
  • /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
  • /50

    $900,000

    • 2 Beds
    • 1 Bath
    • 6,080 Sq Ft

    517-521 Palomas Dr SE, Albuquerque, NM 87108

    8 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and must be sold together for a combined $900,000. Consist of 2B/1B x4 units & 1B/1B x4 units. This well-maintained 8-unit portfolio is located in a strong rental area and features low-maintenance brick construction with secured gated parking. Units have been updated with new

    Jared English Congress Realty, Inc

    517-521 Palomas Dr SE, Albuquerque, NM 87108
  • /40

    $560,000

    • 2 Beds
    • 1 Bath

    1911 Poplar Ln SW, Albuquerque, NM 87105

    This sweet one acre compound offer a space for folks to grow their own food and garden under the shade of the cottonwood trees in Albuquerque's close- in south valley. The charming adobe home has 2 bedrooms, one bath and an office/library space. A separate live- in studio with a loft and complete kitchen and bath. Extra bonus space is provided in an adobe office/ guest space. with bath.

    Ralph Harvey ListWithFreedom.com

    1911 Poplar Ln SW, Albuquerque, NM 87105
  • /38

    $575,000

    • 6 Beds
    • 3.5 Baths
    • 3,115 Sq Ft

    2119 Torrent Dr NW, Albuquerque, NM 87120

    This home is GORGEOUS! One of DR. Hortons most popular floorplans! 6 bedroom, 3.5 bath and 3 car garage. Open great room and dining area invite's easy entertaining. Gourmet kitchen with granite counter tops, kitchen island, executive stainless steel appliances and spacious pantry. Ceramic tile in kitchen, dining, living room and all wet areas. Oversized master suite with room for king bed.

    FEDERICO TORRES Kiko & Associates Real Estate

    2119 Torrent Dr NW, Albuquerque, NM 87120
  • /23

    $1,040,000

    • 1 Bed
    • 1 Bath
    • 5,044 Sq Ft

    1003 6th St NW, Albuquerque, NM 87102

    Well maintained 8-units in four buildings on a neatly manicured tree-lined 1-way street in the historic Wells Park neighborhood, all with 40-50's era features and ambiance. Blocks from Courthouses and Downtown restaurants, shops and services. Six 1/1's, and two 2/1's, hardwood floors in 6 units, one vacant unit (1013 6th St) is available to view. The site has a 2-car garage w a car port and off

    Mark Boitano RE/MAX SELECT

    1003 6th St NW, Albuquerque, NM 87102
  • /14

    $390,000

    • 2 Beds
    • 1 Bath

    3409 Eastern Ave SE, Albuquerque, NM 87106

    Fourplex featuring all two bedroom, one bath units. Seller will sell single building on its own or with 3413,Eastern listing. Unit 1 is currently vacant, does not have Stove/Refrigerator, and only unit being shown.Please refrain from disturbing or contacting tenants in anyway.

    Bunnie Cruse High Desert Realty

    3409 Eastern Ave SE, Albuquerque, NM 87106
  • /7

    $390,000

    • 2 Beds
    • 1 Bath
    • 2,700 Sq Ft

    3413 Eastern Ave SE, Albuquerque, NM 87106

    Fourplex featuring all two bedroom, one bath units. Seller will sell single building on its own or with 3409 Eastern listing. Unit 6 is currently vacant and being used for storage and has no Stove/Refrigerator. The new owner will need to update the electrical service in order to rent this unit. This unit is only unit being shown.Please refrain from disturbing or contacting tenants in anyway.

    Bunnie Cruse High Desert Realty

    3413 Eastern Ave SE, Albuquerque, NM 87106
  • /6

    $290,000

    • 1 Bed
    • 1 Bath

    6802 Cochiti Rd SE, Albuquerque, NM 87108

    Calling All Investors!Looking for a shop space with endless opportunities? This fantastic residential income property contains 2 lots. Thats right, welcome to 6802 + 6804 Cochiti Rd SE. The combined property features 4 manufactured home units, each with its own utilities and laundry service area:Unit 1: 1 Bedroom / 1 BathUnit 2: 1 Bedroom + Den / 1 BathUnit 3: 3 Bedrooms / 2 BathsUnit 4: 2

    Janet Cerros EXP Realty LLC

    6802 Cochiti Rd SE, Albuquerque, NM 87108
  • /8

    $279,000

    • 2 Beds
    • 1 Bath
    • 1,440 Sq Ft

    425 Sunset Rd SW, Albuquerque, NM 87105

    Beautifully Updated Duplex in Prime Albuquerque Location. A rare duplex opportunity located right on the river in one of Albuquerque's most desirable and convenient neighborhoods. This property offers the perfect blend of serene natural surroundings and city accessibility. Just minutes from Old Town, Downtown, the zoo, and the Albuquerque Country Club. Both units have been tastefully remodeled

    Trey Whaley R1 Commercial

    425 Sunset Rd SW, Albuquerque, NM 87105
  • /12

    $1,100,000

    • 1 Bath
    • 6,300 Sq Ft

    5613 Central Ave NW, Albuquerque, NM 87105

    SELLER FINANCING AVAILABLE! Located along historic Route 66 and across from City of Albuquerque Fire Station #7, this property provides convenience to tenants utilizing ART Rapid Transit. It experienced a complete remodel in 2019. This included a new roof, some new plumbing, electrical, paint & stucco, heaters and coolers in all units and new kitchenettes in all units

    Sean Kesani Coldwell Banker Legacy

    5613 Central Ave NW, Albuquerque, NM 87105
  • /19

    $550,000

    • 2 Beds
    • 1 Bath
    • 3,476 Sq Ft

    325 San Andres Ave NW, Albuquerque, NM 87107

    Seize a rare investment opportunity in the heart of Albuquerque's Northwest valley. This expansive 3,476 sq ft multi-family property offers exceptional potential for both seasoned investors and owner-occupants. Situated on a generous lot, the property features multiple units, each equipped with in-unit washer and dryers and covered parking, adding convenience and value for tenants.

    Jetara Flores Coldwell Banker Legacy

    325 San Andres Ave NW, Albuquerque, NM 87107
  • /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
  • /38

    $400,000

    • 2 Beds
    • 1 Bath
    • 1,718 Sq Ft

    205 Morningside 207 Dr NE, Albuquerque, NM 87108

    ''NOB HILL INVESTMENT OPPORTUNITY''This charming two-bedroom, one-bathroom duplex is now available for sale. The property features a generous living room, a combined kitchen and dining area, and offers an excellent opportunity for investors of owner-occupants.The duplex is located in the highly desirable Nob Hill neighborhood, providing a prime location convenient access to local shops, the

    Maria Sotelo-robles Realty One of New Mexico

    205 Morningside 207 Dr NE, Albuquerque, NM 87108
  • /17

    $505,000

    • 2 Beds
    • 1 Bath
    • 2,900 Sq Ft

    2627 Dakota St NE, Albuquerque, NM 87110

    This conveniently located classic triplex has very large units with abundant storage. Washer hookups in the kitchens, dryer hookups in the storage closets. Small private patios. Tenants pay gas/electric. Each unit is approx 950 sf. Forced air heat with separate coolers. No showings without an accepted offer. Do not talk to tenants or snoop the property.

    Daniel Grimes Grimes Properties

    2627 Dakota St NE, Albuquerque, NM 87110
  • /26

    $246,636 Open Wed 4:30PM - 6:30PM

    • 1 Bed
    • 1 Bath
    • 806 Sq Ft

    6424 Monte Serrano NE, Albuquerque, NM 87111

    FRESHLY REMODELED TOWNHOUSE-rEADY TO MOVE IN!Step inside this beautiful updated townhouse and enjoy, fresh modern feel from top to bottom. Recent upgrades include all new paint, new flooring throughout, new counter tops in kitchen and a stylish remodeled bathroom, new shower, toilet and vanity. you will also find new faucets, updated door hardware and a brand new dishwasher. More!Walkability to

    Sydona Anderson-Fernandez EXP Realty LLC

    6424 Monte Serrano NE, Albuquerque, NM 87111
  • /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
  • /19

    $319,000

    • 2 Beds
    • 1 Bath
    • 1,983 Sq Ft

    305 Tennessee St SE, Albuquerque, NM 87108

    Attention Investors! Discover this income-generating triplex offering a potential perfect for seasoned investors or those new to multifamily investing. This centrally located Triplex offers; One large unit with 2 beds 1 bath. And two units with 1 bed 1 bath. Each of the 3 units features its own back patio area, along with access to a shared backyard shaded by mature trees--a gem find! Building

    Nicole Parra Keller Williams Realty

    305 Tennessee St SE, Albuquerque, NM 87108
  • /19

    $329,000

    • 2 Beds
    • 1 Bath
    • 1,983 Sq Ft

    301 Tennessee St SE, Albuquerque, NM 87108

    Attention Investors! Discover this income-generating triplex offering a potential perfect for seasoned investors or those new to multifamily investing. This centrally located Triplex offers; One large unit with 2 beds 1 bath. And two units with 1 bed 1 bath. Each of the 3 units features its own back patio area, along with access to a shared backyard shaded by mature trees--a gem find! Building

    Nicole Parra Keller Williams Realty

    301 Tennessee St SE, Albuquerque, NM 87108
  • /22

    $245,000

    • 1 Bed
    • 1 Bath
    • 1,688 Sq Ft

    408 Pennsylvania St SE, Albuquerque, NM 87108

    Adorable brick triplex with gated courtyard entry and off street parking! Updated units! Two 1bd/1ba and one studio unit. 1 single car garage, and tenant storage closets! All units rented, stable tenants, strong cash flow! New foam roof in 2012 and sewer/plumbing redone 2011. Convenient to KAFB, hospitals, public transportation, Sunport, UNM, and CNM! Submit LOI or offer. Do not disturb tenants,

    Sarah Rich GDR Property Solutions, LLC

    408 Pennsylvania St SE, Albuquerque, NM 87108
  • /35

    $325,000

    • 1 Bed
    • 1 Bath
    • 2,200 Sq Ft

    3428 Vail Ave SE, Albuquerque, NM 87106

    This well-maintained triplex offers great potential with a projected 6.4% cap rate based on market rents. Two of the three units are currently vacant, providing flexibility for immediate leasing or light improvements. One unit is ideal for owner-occupancy, featuring its own private laundry and two bedrooms, while the other two one bedroom units share a separate laundry room. The property

    David Stafford 360 Ventures Real Estate

    3428 Vail Ave SE, Albuquerque, NM 87106
  • /32

    $329,000

    • 2 Beds
    • 2 Baths
    • 1,528 Sq Ft

    219 Monte Alto Place NE, Albuquerque, NM 87123

    This charming and spacious 2-bedroom, 2-bathroom home is located on the east side of Tramway near the cross streets of Tramway & Encantado. It borders Open Space, offering beautiful views and convenient access to the mountains, while also providing easy city access via the freeway. Nearby amenities include Shopping and Uptown Shopping Center.Ideal Location: Walking/running/biking distance to

    Jared English Congress Realty, Inc

    219 Monte Alto Place NE, Albuquerque, NM 87123
  • /27

    $259,900

    • 2 Beds
    • 1 Bath
    • 1,077 Sq Ft

    2517 Sol de Vida NW, Albuquerque, NM 87120

    Welcome home to this beautifully remodeled home. This home has a ton of new features such as new roof 8 yr warranty (installed 5/25), new paint inside and outside (painted 5/25), new water heater (installed 7/25), new windows with lifetime warranty ( installed 6/25), new flooring (installed 7/25), new kitchen and bath (installed 7/25), new appliances as of 7/25, granite counters in kitchen and

    Matt Gowan Roadrunner Realty & Investment

    2517 Sol de Vida NW, Albuquerque, NM 87120
  • /11

    $285,000

    • 2 Beds
    • 1 Bath
    • 2,460 Sq Ft

    304 Texas St SE, Albuquerque, NM 87108

    Excellent investment opportunity with this Fourplex offering strong rental potential. Each of the four units features 2 bedrooms and 1 bathroom, along with in-unit washer and dryer hookups. Property is being sold AS IS, allowing room for upgrades and increased value.Additional features include off-street parking for tenants, and individual storage units located at the back of the building.

    Ammre Richmond AMMRE Real Estate

    304 Texas St SE, Albuquerque, NM 87108
  • /25

    $479,000

    • 2 Beds
    • 1 Bath
    • 3,400 Sq Ft

    530 Alvarado Dr SE, Albuquerque, NM 87108

    Great opportunity to add to or start your portfolio with this income producing 4- plex built in 2011. All units are 2 bedroom, 1 full bath plus washer/dryer in each unit. Galley kitchens with gas stoves, dishwasher and breakfast nook. Even has refrigerated Air! All units are individually metered for gas and electric. Off street parking for each tenant. Close to public transportation,

    Liska Maddox Maddox & Co/REALTORS

    530 Alvarado Dr SE, Albuquerque, NM 87108
  • /17

    $595,000

    • 2 Beds
    • 1 Bath
    • 1,783 Sq Ft

    3537 Ross Ave SE, Albuquerque, NM 87106

    Corner lot duplex with quick access to Kirtland AFB, Sunport, and I-25. Owner has renovated one unit and is currently renovating the other unit. The renovated unit is currently occupied. Units have all NEW Plumbing w/Green Tags. Units have NEW Load Centers and Wiring. Granite Counters and Ceramic Tile adorn the kitchen and bath. Baths have Kohler Tubs. Recessed lighting in living and

    Leslie Miller Rita Loy Real Estate

    3537 Ross Ave SE, Albuquerque, NM 87106
  • /15

    $349,900

    • 3 Beds
    • 3 Baths
    • 1,666 Sq Ft

    903 Edith Blvd NE, Albuquerque, NM 87102

    Own a piece of history on the original Camino Real that is now Edith Blvd. N. E. The Conquistadors rode on horseback with armour on this road from Santa Fe to Mexico City. The property is zoned MX- L in the City of Albuquerque. The current use of the property is multi-family with month to month rentals. The detached homes are in a Santa Fe style Coyote gated fenced compound with off street

    Richard Abel Richard Abel Real Estate Consultant

    903 Edith Blvd NE, Albuquerque, NM 87102
  • /25

    $510,000

    • 3,336 Sq Ft

    3501 Wellesley Dr NE, Albuquerque, NM 87107

    Well Maintained 4-Plex located in NE Heights. Fully rented!!! All units are 2 bedroom, 1 bath. Newer windows, roof & A/C units. 2 Upper, 2 Lower units.

    Amy Ruiz RE MAX Exclusive

    3501 Wellesley Dr NE, Albuquerque, NM 87107
  • /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
  • /27

    $450,000

    • 2 Beds
    • 2 Baths

    501 3rd St SW, Albuquerque, NM 87102

    Stunning 2BR/2BA home in Downtown Albuquerque with rare MX-L zoning. An ideal property for living, vacation rental, or business. Designed by a local artist in a dramatic ''Moody Desert Victorian'' style with copper-painted ceilings, stained glass, and a hidden bookcase door to the primary suite. Brand new metal roof, private jacuzzi, secure gated parking, and privacy fencing. Walk to top dining,

    Julie Turner Realty One Group Concierge

    501 3rd St SW, Albuquerque, NM 87102
  • /29

    $389,900

    • 2 Beds
    • 1 Bath
    • 1,639 Sq Ft

    1202 Truman St SE, Albuquerque, NM 87108

    : Welcome Home!! This nicely updated single-story is a charmer! Updated kitchen with new cabinets, countertops and stainless-steel appliances!! Refrigerated air! Refinished original wood floors and fresh paint throughout! Updated bathrooms! Also, a separate area that can be used as an income producing unit!! It is a must see!!

    Sean Kesani Coldwell Banker Legacy

    1202 Truman St SE, Albuquerque, NM 87108
  • /4

    $400,000

    • 2 Beds
    • 1 Bath
    • 2,247 Sq Ft

    3418 Smith Ave SE, Albuquerque, NM 87106

    All units are clean and well maintained. Lot's of updates and repairs in 2024 to improve condition of overall units. Presently all units are rented to a corporate entity and they pay elec and gas. Additional parking space could be available between garages if fence is down.

    Ronald Campbell Campbell & Campbell Real Estat

    3418 Smith Ave SE, Albuquerque, NM 87106
  • /8

    $330,000

    • 2 Beds
    • 1 Bath
    • 2,621 Sq Ft

    1129 Georgia St SE, Albuquerque, NM 87108

    Incredible investment opportunity! Two well-maintained brick triplexes, each with three 2 bed, 1 bath units. All units are currently occupied by long-term tenants, offering consistent rental income from day one. Located near Kirtland Air Force Base, UNM, hospitals, and shopping--making these properties highly desirable and easy to rent. Each triplex is listed separately, but both 1129 and 1133

    Melanie Armijo ERA Summit

    1129 Georgia St SE, Albuquerque, NM 87108
  • /15

    $330,000

    • 2 Beds
    • 1 Bath
    • 2,800 Sq Ft

    1133 Georgia St SE, Albuquerque, NM 87108

    Incredible investment opportunity! Two well-maintained brick triplexes, each with three 2 bed, 1 bath units. All units are currently occupied by long-term tenants, offering consistent rental income from day one. Located near Kirtland Air Force Base, UNM, hospitals, and shopping--making these properties highly desirable and easy to rent. Each triplex is listed separately, but both 1133 and 1129

    Melanie Armijo ERA Summit

    1133 Georgia St SE, Albuquerque, NM 87108
  • /6

    $175,000

    • 677 Sq Ft

    1203 Barelas St SW, Albuquerque, NM 87102

    Charming and affordable, this cozy home in the heart of Barelas is perfect for first-time buyers or savvy investors. Enjoy the benefits of off-street parking, a private yard, and updated features including newer vinyl windows and a modernized kitchen. Located in a walkable neighborhood near the zoo, local parks, and the Barelas Community Center--offering free amenities--this home offers comfort,

    Tim Nisly Realty One of New Mexico

    1203 Barelas St SW, Albuquerque, NM 87102
  • /22

    $509,000

    • 1 Bed
    • 1 Bath
    • 2,797 Sq Ft

    1203, 1207 Barelas Rd SW, Albuquerque, NM 87105

    Excellent income-producing 4plex in Albuquerque's vibrant and walkable Barelas neighborhood! This unique property includes a well-kept triplex plus a detached casita, each unit offering off-street parking and private yard space. One unit fully renovated in 2025 with modern finishes and new mini-splits and available for showings. Located just steps from the zoo, parks, and the Barelas Community

    Tim Nisly Realty One of New Mexico

    1203, 1207 Barelas Rd SW, Albuquerque, NM 87105

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Why Live in Albuquerque

Albuquerque's rich cultural heritage comes alive in Old Town, where historic adobe buildings house unique shops and the San Felipe de Neri Church stands as a testament to the city's Spanish colonial past. The Sandia Peak Tramway carries visitors to breathtaking mountain vistas at 5,312 feet elevation, while the ABQ BioPark complex encompasses a zoo, aquarium, and botanical gardens. The city enjoys 310 days of sunshine annually, making it ideal for outdoor recreation along the 400-mile network of bike paths and the Paseo del Bosque Trail by the Rio Grande.

The housing market features diverse options across distinct neighborhoods. Single family homes in the upscale Tanoan Community have a median price of $585,000, while similar properties in historic Nob Hill run $455,000. Downtown Albuquerque single family homes have a median price of $400,300. Condos present more affordable options, with median prices of $131,000 for one bedroom units and $247,000 for two bedrooms.

The cost of living sits 4.6% below the national average. A family with school-age children needs approximately $101,000 annually to live comfortably, while renters should aim for $57,000. Property taxes remain competitive at 0.95%, lower than many comparable cities. The combined sales tax rate is 7.63%.

Top-rated schools include La Cueva High School serving Cherry Hills and Heritage East, plus private institutions like Albuquerque Academy. The University of New Mexico adds to the educational landscape. Major employers include Sandia National Laboratories and Kirtland Air Force Base. Dining highlights range from fine dining at Antiquity Restaurant to authentic Native American cuisine at Indian Pueblo Kitchen. The annual International Balloon Fiesta, Gathering of Nations Pow Wow, and proximity to Santa Fe just 65 miles north enhance the cultural experience.

Home Trends in Albuquerque, NM

Housing Trends

Median Sale Price
$347,500
Median Single Family Sale Price
$359,950
Median Townhouse Sale Price
$332,400
Median 2 Bedroom Sale Price
$249,000
Median 1 Bedroom Sale Price
$128,950
Average Price Per Sq Ft
$218
Number of Homes for Sale
1,038
Last 12 months Home Sales
5,359
Months of Supply
2.30
Median List Price
$365,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
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