$230,000

845 Aritas Rd SW Albuquerque, NM 87105

Estimated payment $1,394/month

2 Beds
1 Bath
1,725 Sq Ft
$133 Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Property has 1 Level
  • Patio
  • Forced Air Heating System

About This Home

Investment opportunity in Albuquerque's South Valley with solid in-place income. This property offers two separate structures on one spacious lot: a main residence plus a smaller casita, all currently tenant-occupied. This configuration provides three rentable units total, ideal for an investor seeking steady, diversified rental income in a consistently demanded area.The main home offers comfortable living space with a functional floor plan, dedicated kitchen and dining area, full bath, and laundry features. The casita offer s a 2 bed 1 bath floorplan with private entrances, allowing for flexibility in tenant mix. Current rents support immediate income from day one, with potential for incremental increases and value-add

Listing Agent

Anita Maestas

Maestas Real Estate Services License #16029 Listed on: 11/08/2025

Co-Listing Agent

Todd Clarke

NM Apartment Advisors, Inc. License #13711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1964

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,725 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Patio
  • 0.25 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1-013-054-098-522-2-07-04

Community Details

Overview

  • 2 Units
  • 1,725 Sq Ft Building

Building Details

  • Operating Expense $11,433
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,214

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: From Isleta Blvd SW and Blake Rd SW: Northeast on Blake to La Vega Dr SW. Left on La Vega to Aritas Rd SW. Left on Aritas to home on right.
  • Year Built: 1964
  • Lot Size Acres: 0.25
  • Co List Office Mls Id: NMAP01
  • Co List Office Phone: (505) 440-8633
  • Subdivision Name: N/A
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 2
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 1725.0

Exterior Features

  • Exterior Features: Patio
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Patio

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 10977.0
  • Parcel #: 1-013-054-098-522-2-07-04
  • Zoning Description: M-H

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Owner Pays: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 11433.0

Tax Info

  • Tax Annual Amount: 2213.97

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2025 11/08/25 For Sale $230,000 +202.6% $133 / Sq Ft
05/15/2015 05/15/15 Sold -- -- -- View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
11/20/2014 11/20/14 For Sale $76,000 -- $63 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1094173

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-054-098-522-2-07-04

New Mexico Bernalillo County Albuquerque 87105

845 Aritas Rd SW, Albuquerque, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) 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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Anita Maestas
Listing Agent
Anita Maestas
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Maestas Real Estate Services
(505) 405-4065