Skip to content

$295,000

$242/sqftactive

1709 Walter Street SE, Albuquerque, NM 87102

0 days on market
0

Beds

2

Baths

2

Sqft

1,219

Lot

5,532 sqft

Built

1930

Type

multi family

About This Property

Investment opportunity with built-in income and exciting future flexibility. This updated two-unit property offers options to maintain as a fully occupied rental, potentially occupy one unit while renting the other as leases permit, or explore a future multigenerational living arrangement. The front studio is leased at $775 through 11/30/26, and the rear 2BR/1BA is rented month-to-month at $1,320, producing current gross income of $2,095/month. Seller-reported improvements completed from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Gas and electric are separately metered and tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential additional tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD and tenant-free rent roll available. Buyer to verify square footage, zoning/use, financing, leases, parking configuration and suitability for intended use.

Features & Amenities

Landscaping
Lighting
Free Standing Gas Range
Refrigerator
Range Hood
Carpet Free Flooring
Tile Flooring
Vinyl Flooring
1 Story
4 Parking Spaces
Subdivision: Eastern Add

Property Details

MLS #1108732
Property Typemulti family
Year Built1930
HeatingDuctless,Electric,HeatPump
CoolingDuctless,HeatPump,Refrigerated
Lot Size5,532 sqft
Property Tax (est.)$2,576/yr ($215/mo)
Price / Sqft$242
StatusActive
Days on Market0

About Downtown / EDo → Full Guide

Price vs. Neighborhood

This home

$295,000

Downtown / EDo median

$335,000

12% below the Downtown / EDo median. Homes here sell in an average of 38 days.

Commute Times

Unm

8 min

Downtown

0 min

Abq Studios

18 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

5 min

Intel Rio Rancho

30 min

Nearby Schools

Albuquerque High School

9-12 · APS

5/10

Longfellow Elementary

K-5 · APS

4/10

Washington Middle School

6-8 · APS

4/10

Neighborhood Guide

Explore Downtown / EDo

Urban & Revitalizing

Listing courtesy of Realty One Group Concierge. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.

Katey Taylor

Katey Taylor

Lead Agent & Team Founder

(505) 974-9701

Schedule a Showing

No obligation. By submitting, you agree to our Privacy Policy.

Not pre-approved yet? Start here.

Quick Facts

Est. Tax$215/mo
HeatingDuctless
CoolingDuctless

Looking for something different?

Our AI concierge can match you with homes based on what you actually want, not just filters.