502 Headingly Ave NW Albuquerque, NM 87107
Los Ranchos De Albuquerque AreaEstimated payment $4,694/month
Highlights
- 0.46 Acre Lot
- Ceiling Fan
- Vinyl Flooring
- Central Heating
- Evaporated cooling system
- Property has 1 Level
About This Home
FOUR-ADDRESS 7-UNIT INCOME COMPOUND ON ONE LOT! Rare commercial multi-family investment portfolio opportunity featuring four distinct physical addresses 502 Headingly Ave NW, 504 Headingly Ave NW, 506 Headingly Ave NW, and 3921 5th St NW. all legally situated on one single, low-maintenance parcel. Streamlined portfolio management with massive high-density cash flow.Current Unit Breakdown (5 Turn-Key Units):Two separate duplexes: Each featuring 2-bedroom, 1-bathroom layouts.One detached home: Featuring a 2-bedroom, 1-bathroom layout.Two detached cottages: Each featuring cozy 1-bedroom, 1-bathroom layouts.Massive Value-Add Potential (6th & 7th Units):The property features an additional standalone structure primed for immediate equity growth. The framework, electrical wiring, and plumbing rough-ins are completely in place--finish it out to instantly add a 6th rent-generating unit! Additionally, there is potential to optimize/add a 7th unit on-site. Property is priced and valued based on its current operational footprint, giving the next owner massive built-in upside.Important Disclosures: Sold strictly AS-IS, WHERE-IS. Please submit all offers subject to interior inspection out of respect for current occupants. Buyer is strictly responsible for independently verifying all unit square footages, exact utility configurations/metering, local zoning codes, certificate of occupancy status, and permitting/completion requirements for the unfinished spaces prior to the expiration of contingencies. Call today for a complete APOD sheet, rent roll, and to schedule your private tour!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,896
Year Built
- Built in 1951
Lot Details
- 20,038 Sq Ft Lot
Interior Spaces
- 4,747 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Vinyl Flooring
- Free-Standing Gas Range
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Utilities
- Evaporated cooling system
- Central Heating
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for common area maintenance, sewer, trash collection, water
- Assessor Parcel Number 101406032726810119
Community Details
Overview
- 7 Units
- 4,747 Sq Ft Building
- Monkbridge Subdivision
Building Details
- Gross Income $78,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,896 | $95,883 | $32,786 | $63,097 |
| 2025 | $6,896 | $93,090 | $31,831 | $61,259 |
| 2024 | $19,936 | $90,379 | $30,904 | $59,475 |
| 2023 | $19,796 | $87,747 | $30,004 | $57,743 |
| 2022 | $4,055 | $85,191 | $29,130 | $56,061 |
| 2021 | $4,039 | $85,191 | $29,130 | $56,061 |
| 2020 | $4,099 | $85,458 | $29,130 | $56,328 |
| 2019 | $8,843 | $85,724 | $29,130 | $56,594 |
| 2018 | $4,097 | $85,724 | $29,130 | $56,594 |
| 2017 | $4,083 | $85,958 | $29,130 | $56,828 |
| 2016 | $3,992 | $84,677 | $31,831 | $52,846 |
| 2015 | $82,211 | $82,211 | $30,904 | $51,307 |
| 2014 | $3,722 | $79,817 | $30,004 | $49,813 |
| 2013 | -- | $77,492 | $29,130 | $48,362 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2026 08/12/26 | Pending | -- | -- | -- |
| 08/10/2026 08/10/26 | For Sale | $750,000 | -- | $158 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1108818
APN: 1-014-060-327-268-1-01-19
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.