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Albuquerque, NM Multifamily Homes & Duplexes for Sale

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  • 220 Copper Ave NW Unit 550, Albuquerque, NM 87102
    220 Copper Ave NW Unit 550, Albuquerque, NM 87102
    220 Copper Ave NW Unit 550, Albuquerque, NM 87102
    /27

    $385,000

    • 2 Beds
    • 1 Bath
    • 1,146 Sq Ft

    220 Copper Ave NW Unit 550, Albuquerque, NM 87102

    Full-floor commercial condo in the heart of Downtown Albuquerque with flexible mixed-use zoning. Located in the Acropolis Condominiums, this 1,146 sq ft space offers exceptional versatility under MX-FB-UD zoning, allowing for office, studio, creative workspace, retail, professional services, or Live/Work use (buyer to verify permitted uses).The suite features direct elevator access, secure

    Agent Photo

    Margaret Henderson

    Momentum Real Estate Group

    (505) 499-5150

    220 Copper Ave NW Unit 550, Albuquerque, NM 87102
  • 816 Ortiz Dr SE, Albuquerque, NM 87108
    816 Ortiz Dr SE, Albuquerque, NM 87108
    /2

    $342,000

    • 5 Beds
    • 3 Baths
    • 2,470 Sq Ft

    816 Ortiz Dr SE, Albuquerque, NM 87108

    Don't miss out on this great opportunity! A private triplex with so much potential. Three separate units that include a serene courtyard with a covered patio. The front unit A includes an enclosed front yard, a single car garage with extra storage space/workshop area, and two additional parking spaces. Also has a large bathroom with double vanity. Unit C includes a private gated back yard with

    Agent Photo

    Anahi Salcido

    Realty One of New Mexico

    (505) 594-4985

    816 Ortiz Dr SE, Albuquerque, NM 87108
  • 615 Iron Ave SW, Albuquerque, NM 87102
    615 Iron Ave SW, Albuquerque, NM 87102
    615 Iron Ave SW, Albuquerque, NM 87102
    /73

    $1,575,000 New Construction

    • 12 Beds
    • 12 Baths
    • 6,148 Sq Ft

    615 Iron Ave SW, Albuquerque, NM 87102

    Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven

    Agent Photo

    Thomas Gallegos

    Berkshire Hathaway NM Prop

    (505) 391-4945

    615 Iron Ave SW, Albuquerque, NM 87102
  • 1003 Carlisle Blvd SE, Albuquerque, NM 87106
    1003 Carlisle Blvd SE, Albuquerque, NM 87106
    1003 Carlisle Blvd SE, Albuquerque, NM 87106
    /68

    $1,012,500

    • 8 Beds
    • 7 Baths
    • 4,805 Sq Ft

    1003 Carlisle Blvd SE, Albuquerque, NM 87106

    Unique opportunity to own a quality, updated 7 Unit Compound. Welcome to 1003 and 1005 Carlisle SE - a 4-plex and a tri-plex on two separate parcels packaged together. This fully revitalized community is embedded in an area of redevelopment in the Knob Heights Neighborhood - walking distance to Castle Coffee, the Source Community Center, a Community Garden, multiple classic neighborhood parks,

    Kyle Deacon Deacon Property Services

    1003 Carlisle Blvd SE, Albuquerque, NM 87106
  • 24 Matisse Rd NE, Albuquerque, NM 87123
    24 Matisse Rd NE, Albuquerque, NM 87123
    24 Matisse Rd NE, Albuquerque, NM 87123
    /145

    $1,375,000

    • 7 Beds
    • 6 Baths
    • 8,134 Sq Ft

    24 Matisse Rd NE, Albuquerque, NM 87123

    Property is approved for Residential Financing if buyer qualifies! Step back in time to this historic Route 66 ranch-style 1940 home on 10.7 acres-first built on a 200-acre Tres Pistoles Canyon homestead amid granite boulders with historic visitors! A rare investment opportunity with 7 beds, 6 baths, 8,134 sq ft. Main house + 2 casitas, each with their own entry, private driveway, and beautiful

    Anne Vallejos Keller Williams Realty

    24 Matisse Rd NE, Albuquerque, NM 87123
  • 123 General Arnold St NE, Albuquerque, NM 87123
    123 General Arnold St NE, Albuquerque, NM 87123
    /2

    $360,000

    • 4 Beds
    • 4 Baths
    • 3,060 Sq Ft

    123 General Arnold St NE, Albuquerque, NM 87123

    This four-unit apartment building offers a strong investment opportunity with a current 9.24% cap rate at full asking price. The property features four residential 1 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with

    Angelo Mora Keyway Properties, Inc

    123 General Arnold St NE, Albuquerque, NM 87123
  • 2307 New York Ave SW, Albuquerque, NM 87104
    2307 New York Ave SW, Albuquerque, NM 87104
    2307 New York Ave SW, Albuquerque, NM 87104
    /40

    $1,600,000

    • 2 Beds
    • 1 Bath
    • 4,810 Sq Ft

    2307 New York Ave SW, Albuquerque, NM 87104

    Eight unit multifamily investment. Four buildings located near the desirable Old Town & Sawmill District. Each unit is individually metered and has a private gated yard & newer refrigerated cooling units. The property is fenced with an automatic gate and four garages for extra income. The electric was recently updated. Community laundry room for extra income. Well maintained buildings & grounds.

    John Lucero Realty One of New Mexico, LLC

    2307 New York Ave SW, Albuquerque, NM 87104
  • 1512 &1510 3rd St NW, Albuquerque, NM 87102
    1512 &1510 3rd St NW, Albuquerque, NM 87102
    1512 &1510 3rd St NW, Albuquerque, NM 87102
    /11

    $425,000

    • 2 Beds
    • 2 Baths
    • 513 Sq Ft

    1512 &1510 3rd St NW, Albuquerque, NM 87102

    A rare opportunity to purchase an investment property in a central location with 2 houses on 3 lots. Conveniently located with easy access to I-40 and downtown. Plenty of parking with additional backyard access through alley with gate. Sellers also own 1514 and 1516 3rd Street NW but homes are not currently for sale. Possibly for sale next year for a great acquisition of a large section with

    Arturo Lucero Lucero Realty

    1512 &1510 3rd St NW, Albuquerque, NM 87102
  • 907 Coal Ave SW, Albuquerque, NM 87102
    907 Coal Ave SW, Albuquerque, NM 87102
    907 Coal Ave SW, Albuquerque, NM 87102
    /40

    $530,000

    • 7 Beds
    • 4 Baths
    • 3,135 Sq Ft

    907 Coal Ave SW, Albuquerque, NM 87102

    On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring this downtown fourplex to market. Located within walking distance of all that downtown Albuquerque has to offer--hundreds of restaurants, shops, and cultural amenities. Also a short bike ride to the Old Town Plaza as well as three area hospitals and the UNM/CNM campuses. The property contains two

    Kyle Deacon Deacon Property Services

    907 Coal Ave SW, Albuquerque, NM 87102
  • 3609 Wellesley Dr NE, Albuquerque, NM 87107
    3609 Wellesley Dr NE, Albuquerque, NM 87107
    3609 Wellesley Dr NE, Albuquerque, NM 87107
    /31

    $641,829

    • 8 Beds
    • 4 Baths
    • 4,194 Sq Ft

    3609 Wellesley Dr NE, Albuquerque, NM 87107

    Located at 3609 Wellesley NE, this fourplex has large, town house style, two bedroom, one bathroom units with in unit laundry.At the ask price $641,829 and of based on the current average rents of $1,324 per month, the property's measures of investment performance include a 10,10 GRM, 5.73% cap rate before reserves, before tax IRR of 20.0% and an after-tax IRR of 16.2%. If rents were raised to

    Todd Clarke NM Apartment Advisors, Inc.

    3609 Wellesley Dr NE, Albuquerque, NM 87107
  • 1133 Georgia St SE, Albuquerque, NM 87108
    1133 Georgia St SE, Albuquerque, NM 87108
    1133 Georgia St SE, Albuquerque, NM 87108
    /12

    $315,000

    • 6 Beds
    • 3 Baths
    • 2,800 Sq Ft

    1133 Georgia St SE, Albuquerque, NM 87108

    Brick triplex featuring three 2BR/1BA units, all occupied by long-term tenants generating steady income. Located near Kirtland AFB, UNM, hospitals, and shopping, this property offers strong rental appeal and low-maintenance ownership.

    Melanie Armijo ERA Summit

    1133 Georgia St SE, Albuquerque, NM 87108
  • 1508 Edith Blvd NE, Albuquerque, NM 87102
    1508 Edith Blvd NE, Albuquerque, NM 87102
    1508 Edith Blvd NE, Albuquerque, NM 87102
    /150

    $1,375,000

    • 8 Beds
    • 8 Baths
    • 5,304 Sq Ft

    1508 Edith Blvd NE, Albuquerque, NM 87102

    Introducing Academy Casitas, Albuquerque's unique tiny village in the heart of downtown. This 8-unit hacienda-style community sits on a private, scenic .52 acre lot with ample parking and mixed-use zoning. Thoughtfully developed over 20 years, the property blends Southwestern charm with functional design, offering privacy and dedicated outdoor living spaces. Features include an on-site laundry

    Vertical Real Estate LPT Realty

    1508 Edith Blvd NE, Albuquerque, NM 87102
  • 315 Rio Grande Blvd NW, Albuquerque, NM 87104
    315 Rio Grande Blvd NW, Albuquerque, NM 87104
    /2

    $590,000

    • 4 Beds
    • 5 Baths
    • 3,495 Sq Ft

    315 Rio Grande Blvd NW, Albuquerque, NM 87104

    DO NOT ENTER PROPERTY/ DO NOT DISTURB TENANTS. Just steps to Old Town Plaza and almost a quarter acre lot. Rare find! Available are two side-by-side multi-unit/ multi-building properties in prime Old Town (also see listing for 319 Rio Grande NW [next door]). This property consists of a Rio Grande Blvd-facing commercial storefront building with a private exterior entry 2nd floor studio apt., a

    AMBER FOSSE Absolute Real Estate

    315 Rio Grande Blvd NW, Albuquerque, NM 87104
  • 400 Copper Ave NE Unit 106, Albuquerque, NM 87102
    400 Copper Ave NE Unit 106, Albuquerque, NM 87102
    400 Copper Ave NE Unit 106, Albuquerque, NM 87102
    /21

    $167,500

    • 1 Bath
    • 594 Sq Ft

    400 Copper Ave NE Unit 106, Albuquerque, NM 87102

    Welcome to urban living at its finest! Step into a vibrant studio just moments from the heartbeat of downtown. This stylish ground level condo offers soaring ceilings, hardwood floors, A/C and an industrial vibe + a perfect mix of convenience & versatility! Parking available directly in front of the unit - WOW-how easy!! Residents of this 12 unit building are given access to the Wonderful Very

    Lisa Parker RE/MAX SELECT

    400 Copper Ave NE Unit 106, Albuquerque, NM 87102
  • 2905 Palo Verde Dr NE, Albuquerque, NM 87112
    2905 Palo Verde Dr NE, Albuquerque, NM 87112
    2905 Palo Verde Dr NE, Albuquerque, NM 87112
    /32

    $625,000

    • 7 Beds
    • 4 Baths
    • 3,400 Sq Ft

    2905 Palo Verde Dr NE, Albuquerque, NM 87112

    Incredible investment opportunity in the NE Heights! All 3 units have a strong rental history. This property has been beautifully maintained, with a New TPO Roof (2024) and each unit has been kept turn-key with paint, flooring, etc. Unit C updated in January 2026 with flooring, paint, refinished cabinets. Each unit features a fireplace and the large Owner's Unit showcases THREE bedrooms, 2 baths

    Sandi Pressley Coldwell Banker Legacy

    2905 Palo Verde Dr NE, Albuquerque, NM 87112
  • 4609 Douglas MacArthur Rd NE, Albuquerque, NM 87110
    4609 Douglas MacArthur Rd NE, Albuquerque, NM 87110
    /2

    $499,000

    • 6 Beds
    • 4 Baths
    • 2,438 Sq Ft

    4609 Douglas MacArthur Rd NE, Albuquerque, NM 87110

    This income-producing triplex offers a great opportunity for both investors and owner-occupants. The property features three units, providing multiple streams of rental income and strong cash flow potential. Its convenient location offers easy access to local amenities, schools, and major roadways, making it attractive to tenants. With solid occupancy potential and long-term value, this triplex

    Scott Clark Double Eagle Real Estate

    4609 Douglas MacArthur Rd NE, Albuquerque, NM 87110
  • 301 Tennessee St SE, Albuquerque, NM 87108
    301 Tennessee St SE, Albuquerque, NM 87108
    301 Tennessee St SE, Albuquerque, NM 87108
    /19

    $305,000

    • 3 Beds
    • 2 Baths
    • 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
  • 3501 Wellesley Dr NE, Albuquerque, NM 87107
    3501 Wellesley Dr NE, Albuquerque, NM 87107
    3501 Wellesley Dr NE, Albuquerque, NM 87107
    /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
  • 12000 Stilwell Place NE Unit C, Albuquerque, NM 87112
    12000 Stilwell Place NE Unit C, Albuquerque, NM 87112
    12000 Stilwell Place NE Unit C, Albuquerque, NM 87112
    /10

    $179,000

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft

    12000 Stilwell Place NE Unit C, Albuquerque, NM 87112

    Condo with spacious bedrooms (one with a walk-in closet) and in-unit washer. Great area close by to grocery stores, restaurants, and shopping, with easy access to walking trails and the Sandia Mountains!

    Karen Amaro Realty One of New Mexico

    12000 Stilwell Place NE Unit C, Albuquerque, NM 87112
  • 530 Alvarado Dr SE, Albuquerque, NM 87108
    530 Alvarado Dr SE, Albuquerque, NM 87108
    530 Alvarado Dr SE, Albuquerque, NM 87108
    /25

    $479,900

    • 8 Beds
    • 4 Baths
    • 3,640 Sq Ft

    530 Alvarado Dr SE, Albuquerque, NM 87108

    Calling all investors! This Southeast Heights 4-plex is a prime opportunity to grow your portfolio. Property features four fully rented,2-bedroom, 1-bath units! Each unit is individually metered. . Conveniently located near shopping, dining, and everyday amenities, this is an excellent investment opportunity in a great location.

    Joseph Maez The Maez Group

    530 Alvarado Dr SE, Albuquerque, NM 87108
  • 400 63rd St NW, Albuquerque, NM 87105
    400 63rd St NW, Albuquerque, NM 87105
    400 63rd St NW, Albuquerque, NM 87105
    /8

    $310,000

    • 4 Beds
    • 2 Baths
    • 1,956 Sq Ft

    400 63rd St NW, Albuquerque, NM 87105

    Investor opportunity in Albuquerque! Welcome to 400 63rd St NW, a well-maintained duplex offering strong cash flow and major system upgrades already completed. Built in 1950, this property features two separate units, each with 2 bedrooms, 1 bathroom, and approximately 980 sq ft of living space.Recent improvements include a newer TPO roof, updated AC units, electrical upgrades, new water heaters,

    Evangeline Pena Coldwell Banker Legacy

    400 63rd St NW, Albuquerque, NM 87105
  • 416 Kentucky St SE, Albuquerque, NM 87108
    416 Kentucky St SE, Albuquerque, NM 87108
    416 Kentucky St SE, Albuquerque, NM 87108
    /21

    $250,000

    • 4 Beds
    • 3 Baths
    • 1,584 Sq Ft

    416 Kentucky St SE, Albuquerque, NM 87108

    Unlock your next (or first!) stream of passive income with this rock-solid residential duplex. Each unit offers a functional 2-bedroom, 1-bathroom layout, complete with private patios. This is more than just a duplex; it's a foundation for long-term equity growth

    Beatriz Hernandez Bright House Real Estate LLC

    416 Kentucky St SE, Albuquerque, NM 87108
  • 2130 Coal Ave SE, Albuquerque, NM 87106
    2130 Coal Ave SE, Albuquerque, NM 87106
    /2

    $540,000

    • 2 Beds
    • 1 Bath
    • 2,592 Sq Ft

    2130 Coal Ave SE, Albuquerque, NM 87106

    Large owners unit with fireplace . Roof is two years old Property must close at the same time as 2128 Coal SEProperty can be shown with 48hrs notice.

    Tim Luten Sperry Van Ness/WACB, Inc.

    2130 Coal Ave SE, Albuquerque, NM 87106
  • 3601 Wellesley Dr NE, Albuquerque, NM 87107
    3601 Wellesley Dr NE, Albuquerque, NM 87107
    3601 Wellesley Dr NE, Albuquerque, NM 87107
    /40

    $3,015,000

    • 3 Beds
    • 3 Baths
    • 14,266 Sq Ft

    3601 Wellesley Dr NE, Albuquerque, NM 87107

    Located at 3601, 3605 & 3609 Wellesley NE. The portfolio is easily managed from one central location that includes laundry room for the residents use. The property portfolio contains two studio units, thirteen one-bedroom units and six two-bedroom units.The portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price of

    Todd Clarke NM Apartment Advisors, Inc.

    3601 Wellesley Dr NE, Albuquerque, NM 87107
  • 308 Virginia St NE, Albuquerque, NM 87108
    308 Virginia St NE, Albuquerque, NM 87108
    308 Virginia St NE, Albuquerque, NM 87108
    /14

    $379,000

    • 8 Beds
    • 4 Baths

    308 Virginia St NE, Albuquerque, NM 87108

    Great investment opportunity! Roof replaced 2020, 2 units upgraded 2022 with vinyl plank flooring and new bathroom amenities. Property is fully fenced and gated, including 2 parking spaces per unit. Now fully rented! Each of the 4 units are 2 bed, 1 bath, and separately metered.

    Leslie Villareal The Villarealty Group

    308 Virginia St NE, Albuquerque, NM 87108
  • 521 Palomas Dr SE, Albuquerque, NM 87108
    521 Palomas Dr SE, Albuquerque, NM 87108
    521 Palomas Dr SE, Albuquerque, NM 87108
    /50

    $385,000

    • 6 Beds
    • 4 Baths

    521 Palomas Dr SE, Albuquerque, NM 87108

    Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating,

    K2 Realty Group EXP Realty, LLC

    521 Palomas Dr SE, Albuquerque, NM 87108
  • 1612 Gold Ave SE, Albuquerque, NM 87106
    1612 Gold Ave SE, Albuquerque, NM 87106
    1612 Gold Ave SE, Albuquerque, NM 87106
    /6

    $600,000

    • 5 Beds
    • 5 Baths
    • 2,564 Sq Ft

    1612 Gold Ave SE, Albuquerque, NM 87106

    Five units located near UNM and CNM do not disturb the tenants. Property can be shown with 48hrs notice and proof of funds

    Tim Luten Sperry Van Ness/WACB, Inc.

    1612 Gold Ave SE, Albuquerque, NM 87106
  • 517 Palomas Dr SE, Albuquerque, NM 87108
    517 Palomas Dr SE, Albuquerque, NM 87108
    517 Palomas Dr SE, Albuquerque, NM 87108
    /48

    $385,000

    • 6 Beds
    • 4 Baths
    • 3,040 Sq Ft

    517 Palomas Dr SE, Albuquerque, NM 87108

    Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating,

    K2 Realty Group EXP Realty, LLC

    517 Palomas Dr SE, Albuquerque, NM 87108
  • 636 San Pedro Dr SE, Albuquerque, NM 87108
    636 San Pedro Dr SE, Albuquerque, NM 87108
    636 San Pedro Dr SE, Albuquerque, NM 87108
    /16

    $325,000

    • 3 Beds
    • 3 Baths
    • 1,950 Sq Ft

    636 San Pedro Dr SE, Albuquerque, NM 87108

    This remodeled, turn-key 3-unit rental offers a prime opportunity for both investors and owner-occupants. Ideally located near major employment centers, transportation, dining, and everyday conveniences, the property provides strong rental appeal and long-term value. Live in one unit while generating income from the others--perfect for offsetting your mortgage and building wealth. Each unit is

    Eric Villa Keller Williams Realty

    636 San Pedro Dr SE, Albuquerque, NM 87108
  • 12404 Rosemont Ave NE, Albuquerque, NM 87112
    12404 Rosemont Ave NE, Albuquerque, NM 87112
    12404 Rosemont Ave NE, Albuquerque, NM 87112
    /51

    $615,833

    • 6 Beds
    • 6 Baths
    • 3,700 Sq Ft

    12404 Rosemont Ave NE, Albuquerque, NM 87112

    What makes this property stand out is its location within an established Northeast Heights single-family neighborhood. Rather than being surrounded by large apartment complexes, the property is nestled among single family homes and positioned catty-corner from a beautiful neighborhood park. This creates a quieter, more residential atmosphere that can support stronger tenant retention and

    Todd Clarke NM Apartment Advisors, Inc.

    12404 Rosemont Ave NE, Albuquerque, NM 87112
  • 213 63rd St NW, Albuquerque, NM 87105
    213 63rd St NW, Albuquerque, NM 87105
    213 63rd St NW, Albuquerque, NM 87105
    /22

    $345,500

    • 1 Bed
    • 1 Bath
    • 2,160 Sq Ft

    213 63rd St NW, Albuquerque, NM 87105

    New Roof 2025

    Chuck Sheldon T & C Management, LLC

    213 63rd St NW, Albuquerque, NM 87105
  • 10901 Towner Ave NE, Albuquerque, NM 87112
    10901 Towner Ave NE, Albuquerque, NM 87112
    10901 Towner Ave NE, Albuquerque, NM 87112
    /32

    $494,900

    • 6 Beds
    • 4 Baths
    • 3,080 Sq Ft

    10901 Towner Ave NE, Albuquerque, NM 87112

    Well maintained 4-plex in desirable NE Heights location! All units currently occupied. (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Tenants love the grassy and tree covered courtyard area, private parking spots and central location. Individually metered for electric and master meter for gas and water/sewer. Projected 5.8% CAP rate showing strong income potential and highly rentable area.

    Nathan Boitano RE/MAX SELECT

    10901 Towner Ave NE, Albuquerque, NM 87112
  • 12200 Candelaria Rd NE, Albuquerque, NM 87112
    12200 Candelaria Rd NE, Albuquerque, NM 87112
    12200 Candelaria Rd NE, Albuquerque, NM 87112
    /19

    $550,000

    • 8 Beds
    • 4 Baths
    • 3,342 Sq Ft

    12200 Candelaria Rd NE, Albuquerque, NM 87112

    Well-maintained 4-unit investment property in a fantastic Northeast Heights location! Recent updates include a new roof (11/2024) and new HVAC/refrigerated air combo units (12/2024), providing peace of mind for years to come. All units have in-unit washer/dryers. Some units feature new luxury vinyl plank flooring, enhancing durability and appeal. Each unit also has an outdoor storage closet. The

    Leslie Villareal The Villarealty Group

    12200 Candelaria Rd NE, Albuquerque, NM 87112
  • 4017 Thaxton Ave SE, Albuquerque, NM 87108
    4017 Thaxton Ave SE, Albuquerque, NM 87108
    4017 Thaxton Ave SE, Albuquerque, NM 87108
    /16

    $448,000

    • 4 Beds
    • 3 Baths
    • 2,264 Sq Ft

    4017 Thaxton Ave SE, Albuquerque, NM 87108

    Well-maintained, fully occupied triplex in prime location near Kirtland AFB, UNM, and Nob Hill. One 2/1 unit with 1-car garage + two 1/1 units. Separate gas and electric meters, laundry hookups in each unit, evaporative cooling, gas central forced air. Onsite & street parking. Strong rental history with minimal vacancy--easy to rent. Opportunity for owner-occupier or investor.

    John Foster 1 Percent Lists NM Realty

    4017 Thaxton Ave SE, Albuquerque, NM 87108
  • 313 Iron Ave SW, Albuquerque, NM 87102
    313 Iron Ave SW, Albuquerque, NM 87102
    313 Iron Ave SW, Albuquerque, NM 87102
    /3

    $1,000,000

    • 7 Beds
    • 4 Baths
    • 5,603 Sq Ft

    313 Iron Ave SW, Albuquerque, NM 87102

    Well kept property that has been in the same family for over 100 years. Call Listing agent for showing. Must give 48 hrs notice.

    Tim Luten Sperry Van Ness/WACB, Inc.

    313 Iron Ave SW, Albuquerque, NM 87102
  • 426 Towner Ave NW, Albuquerque, NM 87102
    426 Towner Ave NW, Albuquerque, NM 87102
    426 Towner Ave NW, Albuquerque, NM 87102
    /49

    $565,000

    • 6 Beds
    • 6 Baths
    • 3,191 Sq Ft

    426 Towner Ave NW, Albuquerque, NM 87102

    Turnkey 6-plex in Albuquerque's Near North Valley--three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the

    Peter Cochran Weichert, Realtors Image

    426 Towner Ave NW, Albuquerque, NM 87102
  • 631 & 633 Mesilla St SE, Albuquerque, NM 87108
    631 & 633 Mesilla St SE, Albuquerque, NM 87108
    631 & 633 Mesilla St SE, Albuquerque, NM 87108
    /7

    $840,000

    • 8 Beds
    • 8 Baths
    • 5,475 Sq Ft

    631 & 633 Mesilla St SE, Albuquerque, NM 87108

    631 & 633 Mesilla Street presents a compelling multifamily investment opportunity in the heart of Albuquerque. This well maintained property consists of 8 well configured, 1 bed, 1 bath units. Property has a strong and consistent rental demand. This offering represents an excellent opportunity for investors seeking a manageable-size multifamily asset with durable income. Enjoy close proximity to

    Joseph Maez The Maez Group

    631 & 633 Mesilla St SE, Albuquerque, NM 87108
  • 201 San Pablo St NE, Albuquerque, NM 87108
    201 San Pablo St NE, Albuquerque, NM 87108
    201 San Pablo St NE, Albuquerque, NM 87108
    /6

    $239,000

    • 3 Beds
    • 2 Baths
    • 1,230 Sq Ft

    201 San Pablo St NE, Albuquerque, NM 87108

    Spacious Investment Opportunity! This versatile 3-bedroom, 2-bathroom home features two distinct living areas and a large, functional kitchen. Currently generating $1,800/month on a flexible month-to-month agreement, this property also offers the highly sought-after benefit of backyard access. A perfect addition to any portfolio.

    Maria Sotelo-robles Realty One of New Mexico

    201 San Pablo St NE, Albuquerque, NM 87108
  • 1023 Fruit Ave NW, Albuquerque, NM 87102
    1023 Fruit Ave NW, Albuquerque, NM 87102
    1023 Fruit Ave NW, Albuquerque, NM 87102
    /39

    $556,600

    • 5 Beds
    • 5 Baths
    • 2,758 Sq Ft

    1023 Fruit Ave NW, Albuquerque, NM 87102

    Prime Investment Opportunity! Invest in your future with this 5 unit residential income property in a High Demand area. Located at the corner of Fruit Ave and 11th St. 5 1 bedroom units. Enjoy close proximity to schools, local parks, popular shopping areas and convenient public transportation routes. A short walk to Lowe's market on Lomas. Strong rental history and potential for increased income

    Joseph Corso Realty One Group Concierge

    1023 Fruit Ave NW, Albuquerque, NM 87102
  • 635 & 637 Mesilla St SE, Albuquerque, NM 87108
    635 & 637 Mesilla St SE, Albuquerque, NM 87108
    635 & 637 Mesilla St SE, Albuquerque, NM 87108
    /7

    $840,000

    • 8 Beds
    • 8 Baths
    • 2,688 Sq Ft

    635 & 637 Mesilla St SE, Albuquerque, NM 87108

    635 & 637 Mesilla Street presents a compelling multifamily investment opportunity in the heart of Albuquerque. This well maintained property consists of 8 well configured, 1 bed, 1 bath units. Property has a strong and consistent rental demand. This offering represents an excellent opportunity for investors seeking a manageable-size multifamily asset with durable income. Enjoy close proximity to

    Joseph Maez The Maez Group

    635 & 637 Mesilla St SE, Albuquerque, NM 87108

Showing Results 1 - 40, Page 1 of 2

New Mexico Bernalillo County Albuquerque

Multi-Family Homes & Duplexes for Sale in Albuquerque, NM

Why Live in Albuquerque

Albuquerque is a city with a rich cultural heritage. It comes to life 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 city gets more than 300 days of sunshine annually, which makes it an ideal setting for outdoor recreation. The housing market offers a vareity of options across distinct neighborhoods, including single-family homes and condos. The cost of living trends below the national average. Top-rated schools include La Cueva High School, 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.

Learn more about living in Albuquerque

Home Trends in Albuquerque, NM

On average, homes in Albuquerque, NM sell after 43 days on the market compared to the national average of 57 days. The median sale price for homes in Albuquerque, NM over the last 12 months is $359,900, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$359,900
Median Single Family Sale Price
$369,990
Median Townhouse Sale Price
$340,500
Median 2 Bedroom Sale Price
$234,000
Median 1 Bedroom Sale Price
$157,750
Average Price Per Sq Ft
$220
Number of Homes for Sale
1,025
Last 12 months Home Sales
6,547
Months of Supply
1.90
Median List Price
$375,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%

Popular Home Searches in Albuquerque, NM

In Albuquerque, homebuyers often look for Southwestern architectural styles, outdoor living space, and features suited to the desert climate.

How to Buy a Home How to Finance a Home How to Sell a Home

In Albuquerque, there are currently 70 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $119,900 to $5,317,173, there's a range to accomodate every budget. As of May, 2026 the median home price in Albuquerque is $375,000, while the average sale price is $410,091, offering insights into the local housing market. On average, multi-family homes spend 43 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Albuquerque, NM.

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