Income-producing triplex in the heart of Albuquerque's walkable Barelas neighborhood! This well-maintained property features three units, each with off-street parking and private yards. One unit was fully renovated in 2025 with stylish updates and new mini-splits. Located just minutes from the zoo, parks, and the Barelas Community Center with free amenities. Three units are currently under-rented, offering strong upside potential for investors looking to boost cash flow and long-term value.
For sale
$360,000
1207 Barelas St SW, Albuquerque, NM 87102
3beds
3baths
2,120sqft
Est.:
Triplex, Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$170/sqft
$-- HOA
What's special
Private yardsOff-street parkingStylish updatesNew mini-splits
- 65 days
- on Zillow |
- 477 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 01:38pm
Listed by:
Tim Nisly 505-328-8848,
Realty One of New Mexico 505-883-9400
Source: SWMLS,MLS#: 1085331

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Ductless, Wall Furnace
Cooling
- Ductless, Evaporative Cooling, Varies by Unit, Ceiling Fan(s)
Appliances
- Included: Free-Standing Gas Range, Microwave, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Ceiling Fan(s)
- Flooring: Laminate, Tile, Vinyl
- Has basement: No
Interior area
- Total structure area: 2,120
- Total interior livable area: 2,120 sqft
Property
Parking
- Total spaces: 6
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 0.78 Acres
Details
- Parcel number: 101405703304130430
- Zoning description: R-T*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Adobe, Frame
Condition
- Resale
- New construction: No
- Year built: 1930
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $120,988
- Annual tax amount: $1,946
- Date on market: 5/31/2025
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Electricity, Gas
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