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South Valley, NM Multifamily Homes & Duplexes for Sale

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  • /25

    $235,000

    • 2 Beds
    • 1 Bath

    123 46th St SW, Albuquerque, NM 87105

    Calling All Investors: Value-Add Triplex with Immediate Income PotentialThis centrally located triplex is a prime opportunity to build equity and generate steady rental income. The main house offers a solid structure and a blank canvas, ideal for value-adding renovations to boost returns or resale value. The two additional units are in leasable condition and can start producing income quickly

    Agent Photo

    Leila Giron

    Elevate New Mexico Realty

    (505) 594-4062

    123 46th St SW, Albuquerque, NM 87105
  • /39

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,672 Sq Ft

    1816 Isleta Blvd SW, Albuquerque, NM 87105

    Fully rented South Valley triplex! Unit 1 is a 2 bed, 2 bath manufactured home with private yard. Units 2 & 3 are detached 1 bed, 1 bath homes. All units are on 6-month leases, in good condition, with refrigerated air, parking, and mature trees providing shade. Gated property with potential to purchase the adjacent lot when available. Great income-producing opportunity with room to raise rents! /

    Joel Sanchez Helix Real Estate Group

    1816 Isleta Blvd SW, Albuquerque, NM 87105
  • /42

    $500,000

    • 8 Beds
    • 5 Baths
    • 3,540 Sq Ft

    1723 Valley Rd SW, Albuquerque, NM 87105

    Discover a rare opportunity to own a property perfect for multigenerational living or income generation! This lovely property features 3 distinct units - allowing you to live in one while earning passive income from the others, or providing ample space for family to thrive together.Unit A - Original adobe haven with 3 bedrooms,1 bathroom and 1,106 sqft. It includes a laundry room, shed, and a

    Sylvia Benavidez Coldwell Banker Legacy

    1723 Valley Rd SW, Albuquerque, NM 87105
  • /4

    $619,900

    • 2 Beds
    • 1 Bath

    2700 Viola Rd SW, Albuquerque, NM 87105

    Exceptional Investment Opportunity: Fully Rented 5-Plex. Don't miss this incredible opportunity to own a 5 units in a prime location! Each unit offers 605 sq. ft. of living space, featuring (4) 2 bedrooms, 1 bathroom, and 1 unit offering 1 bed 1 bath. Situated on a generous 0.18-acre lot, the property provides ample parking for tenants and guests. All units are currently occupied with tenants on

    Moses Perez The M Real Estate Group

    2700 Viola Rd SW, Albuquerque, NM 87105

Why Live in South Valley

South Valley, NM, is a rural, unincorporated area located 7 miles south of downtown Albuquerque with a population of 37,500. This community offers a ranch-style living experience, where residents often wake up to roosters and maintain mini farms. The lack of HOAs and fewer building codes provide flexibility in property use, including keeping various animals and growing diverse crops. Homes in South Valley typically sit on at least half an acre, accommodating extra vehicles like work trucks, RVs, and horses. Housing styles range from modern Craftsman homes with stucco siding to midcentury brick ranch-style houses, with about two-thirds of properties using septic tanks. The eastern edge experiences some noise from Interstate 25, but most roads remain quiet. Outdoor attractions include the Valle de Oro National Wildlife Refuge, offering hiking trails and horseback riding, and the Paseo del Bosque Trail, a 16-mile path along the Rio Grande popular with mountain bikers. Organized sports such as baseball, softball, and soccer are common at local parks. Children attend Albuquerque Public Schools, a highly rated district. Shopping options are limited to big-box stores and grocery chains along Coors and Isleta Boulevards, with locals often heading to Albuquerque for more variety. The South Valley Growers Market is a local highlight, featuring fresh produce and live music. Conveniently located near Interstate 25, South Valley provides easy access to Albuquerque International Sunport, 6 miles away. The area enjoys a mild, dry climate with summer temperatures in the low 90s and winter temperatures in the 20s, receiving about 10 inches of rain annually.
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