On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excitedto bring to market such a high rate of return multi-family investment with an OPPORTUNITY FOR SELLER FINANCING. Located at 6720 Cochiti SE - just one block from historic Route 66 which contains the spine of Albuquerque's masstransit corridor. The state of NM has indicated they intend to redevelop the NM Fair grounds, located just north of this property with $200M of redevelopment that could include a stadium for NM United, as well housing retail and a complete mixed use community.6720 Cochiti SE offers a fantastic opportunity to capitalize on cross-community concentrationon improving the International District and the Fairgrounds neighborhoods. The compound of9 units has been totally updated and fortified by quality metal fencing and multiple secureddrive-thru & pedestrian gate entries. Inside the compound, residents enjoy meandering walk-ways to their unique casita-style 1 bedroom apartments, secured common patio space, acommon laundry room, and secured off-street parking. All apartments have been properlyupdated with quality, long-term finishes including thermal windows, luxury vinyl plank flooring,custom tile work, and contemporary fixtures.Do not miss out! This marketplace has not offered a 8%+ cap rate multi-family investment opportunity with Seller Financing Options in many decades - especially on a property that has already been so significantly updated!
For sale
$740,830
6720 Cochiti Rd SE, Albuquerque, NM 87108
3beds
3baths
4,300sqft
Multi Family
Built in 1950
-- sqft lot
$713,700 Zestimate®
$172/sqft
$-- HOA
What's special
Secured off-street parkingContemporary fixturesQuality long-term finishesSecured common patio spaceQuality metal fencingCustom tile workCommon laundry room
- 112 days
- 51
- 3
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc. 505-440-8633,
Kyle E Deacon 505-878-0100,
Deacon Property Services
Source: SWMLS,MLS#: 1106356
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Tile
Interior area
- Total structure area: 4,300
- Total interior livable area: 4,300 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.31 Acres
Details
- Has additional parcels: Yes
- Parcel number: 101805742508041114
- Zoning description: MX-H*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Fairgrounds Addition
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $141,600
- Annual tax amount: $6,952
- Date on market: 6/29/2026
- Cumulative days on market: 113 days
- Listing terms: Cash,Conventional,Owner May Carry,Other,See Remarks
- Total actual rent: 8235
- Tenant pays: Other, See Remarks
Estimated market value
$713,700
$678,000 - $749,000
$1,429/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2026 | Price change | $740,8300%$172/sqft |
Source: | ||
| 8/6/2026 | Price change | $740,831+28%$172/sqft |
Source: | ||
| 6/29/2026 | Listed for sale | $579,000$135/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,994 +35.8% | $47,196 +35.6% |
| 2024 | $1,469 +1.7% | $34,812 +3% |
| 2023 | $1,444 +3.5% | $33,797 +3% |
| 2022 | $1,396 -51.6% | $32,813 +3% |
| 2021 | $2,881 -27.1% | $31,858 +3% |
| 2020 | $3,954 | $30,930 |
| 2019 | -- | $30,930 |
| 2018 | $1,212 -67.4% | $30,930 +0.7% |
| 2017 | $3,714 +198.3% | $30,725 +5% |
| 2016 | $1,245 -95.6% | $29,268 +3% |
| 2015 | $28,416 +2325.6% | $28,416 +3% |
| 2014 | $1,172 | $27,589 +3% |
| 2013 | $1,172 | $26,786 |
| 2012 | -- | $26,786 +3% |
| 2011 | -- | $26,005 +3% |
| 2010 | -- | $25,248 +3% |
| 2009 | -- | $24,513 +3% |
| 2008 | -- | $23,800 +3% |
| 2007 | -- | $23,107 +3% |
| 2006 | -- | $22,434 +3% |
| 2005 | -- | $21,781 +3% |
| 2004 | -- | $21,147 +3% |
| 2003 | -- | $20,531 |
| 2002 | -- | $20,531 |
| 2001 | -- | $20,531 -1.3% |
| 2000 | -- | $20,798 |
Find assessor info on the county website
Monthly payment
Est. payment





