Rare North Valley income-producing opportunity near Los Ranchos! This unique 4-unit property offers an exceptional combination of flexibility, location, and income potential on a spacious approximately 1/2-acre lot. The property features two individual 1-bedroom units plus a duplex consisting of two 2-bedroom units, providing four separate living spaces in total. All units have been updated and are in move-in condition. Three of the four units are nicely furnished, and each unit offers its own private front-yard area along with ample on-site parking. Separate electric meters for each unit provide additional convenience for ownership and management, with water being the only shared utility. Whether you're an experienced investor seeking a versatile income property, an owner-occupant looking to live in one unit while generating rental income from the others, or someone looking for a unique property with potential for furnished or vacation-rental use, this property offers a rare range of possibilities. Set in the highly desirable North Valley near Los Ranchos, this is a special opportunity that is not often available. Come explore the possibilities! Buyer to verify zoning for their use.
36 days
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457
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10
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Zillow last checked:
Listing updated:
Listed by:
Steve L Soto505-263-4624,
Berkshire Hathaway NM Prop505-798-6300
Source: SWMLS,MLS#: 1107684
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Central, Forced Air, Other, Wall Furnace
Cooling
Evaporative Cooling, Varies by Unit, Ceiling Fan(s)
Appliances
Included: Free-Standing Electric Range, Refrigerator
Features
Ceiling Fan(s)
Flooring: Carpet
Interior area
Total structure area: 3,000
Total interior livable area: 3,000 sqft
Property
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Lot
Size: 0.57 Acres
Details
Has additional parcels: Yes
Parcel number: 101506426303440303
Zoning description: R-1
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Frame, Stucco
Condition
Resale
New construction: No
Year built: 1960
Utilities & green energy
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
Energy generation: None
Community & HOA
Community
Subdivision: Englebrecht Subd
Location
Region: Albuquerque
Financial & listing details
Price per square foot: $250/sqft
Tax assessed value: $593,100
Annual tax amount: $8,380
Date on market: 7/22/2026
Cumulative days on market: 36 days
Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan