Turnkey 12-Unit Investment Property - Fully Upgraded & Energy Efficient!This well-maintained 12-unit property is a rare find, offering strong rental income with room for growth! Major capital improvements already completed including mini splits in each unit and the addition of an 80 gal electric water heater. Entire building has had an electrical upgrade and has been converted to electric appliances- new owner could potentially add solar to minimize utility bills. With room for rent increases, this is a fantastic opportunity for investors seeking a turnkey, high-efficiency building with strong cash flow potential. Contact your favorite Realtor for more details!
For sale
Price cut: $110.1K (7/13)
$1,188,750
1109 Arizona St SE, Albuquerque, NM 87108
16beds
12baths
9,400sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$1,128,700 Zestimate®
$126/sqft
$-- HOA
What's special
Converted to electric appliances
- 161 days
- on Zillow |
- 223 |
- 12 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 08:26am
Listed by:
Leslie A Villareal 505-480-6738,
The Villarealty Group 505-480-6738
Source: SWMLS,MLS#: 1078929

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 12
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: Tile, Vinyl
- Basement: Unfinished,Walk-Up Access
Interior area
- Total structure area: 9,400
- Total interior livable area: 9,400 sqft
Property
Parking
- Total spaces: 12
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.4 Acres
Details
- Parcel number: 101805628505440111
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Security Gate
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $390,834
- Annual tax amount: $5,496
- Date on market: 2/26/2025
- Listing terms: Cash,Conventional,VA Loan
- Tenant pays: Other, See Remarks
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