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The Heights Multifamily Home for Sale

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    $625,000

    • 3 Beds
    • 2 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, and all with current leases. This property has been impeccably maintained, with a New TPO Roof (2024) and each unit has been kept turn-key with paint, cabinets, and flooring. Each unit features a fireplace and the large Owner's Unit showcases THREE bedrooms, 2 baths and a 2-car garage. With

    Sandi Pressley Coldwell Banker Legacy

    2905 Palo Verde Dr NE, Albuquerque, NM 87112

Why Live in The Heights

The Heights neighborhood in Albuquerque, located at the base of the Sandia Mountains, offers residents a blend of natural beauty and suburban convenience. The area features hiking trails leading into the Sandia Foothills Open Space, where mule deer are a common sight. Homes here often have mountain or city views, with quarter-acre lots providing ample outdoor space. The neighborhood is known for its highly rated schools, including Oñate Elementary, Eldorado High, Eastern Hills Christian Academy, and Calvary Christian Academy. Safety is a notable feature, with crime rates lower than the national average. The Heights is 12 miles from downtown Albuquerque, accessible via Interstate 40. Residential streets are lined with sidewalks, and multi-use paths like the Tramway Trail facilitate biking and jogging. Housing styles range from 1970s and ‘80s ranch-style homes to custom Pueblo and Spanish-influenced homes from the ‘90s. Local amenities include parks such as Piedra Lisa Park and Embudo Hills Park, and dining options like Tako Ten. The neighborhood also features breweries like Boxing Bear Brewing Company and Canteen Taproom. For shopping, residents have access to stores on Juan Tabo Boulevard and grocery options like Smith’s and Sprouts Farmers Market. Presbyterian Kaseman Hospital is 4 miles away, and Albuquerque International Sunport Airport is 15 miles from the neighborhood. The annual Albuquerque International Balloon Fiesta is a highlight, with residents enjoying views from the nearby foothills.

Home Trends in The Heights, NM

Housing Trends

Median Sale Price
$435,000
Median Single Family Sale Price
$466,000
Median Townhouse Sale Price
$339,900
Median 2 Bedroom Sale Price
$264,000
Median 1 Bedroom Sale Price
$184,050
Average Price Per Sq Ft
$216
Number of Homes for Sale
35
Last 12 months Home Sales
218
Months of Supply
1.90
Median List Price
$450,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%
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