$425,000

$148/sqftactive

205 Alvarado Drive NE, Albuquerque, NM 87108

3 days on market

Beds

Baths

Sqft

2,871

Lot

6,098 sqft

Built

1979

Type

multi family

About This Property

Discover your ideal 4 unit investment property with this well maintained 2871 sqft property centrally located next to route 66 in the vibrant city of Albuquerque, NM. Featuring 2 BR/1BA units with modern bathrooms & fresh paint throughout, this residence is designed for comfort and convenience. With tile/vinyl flooring throughout. Units feature open floor plans. Property includes shared laundry room & each unit has its own storage unit. All units feature dishwashers, refrigerator, tile shower surrounds, stove/oven, swamp cooler, central heating, & amazing views of the sandias. This property is strategically situated for easy access to major highways and public transportation. Great proximity to essential amenities, UNM, KAFB, & expo NM.Room for rate increases with HUD FMR @ $14

Features & Amenities

Lighting

Patio

Dishwasher

Free Standing Electric Range

Refrigerator

Range Hood

Tile Flooring

Vinyl Flooring

8 Parking Spaces

Property Details

MLS #	1104714
Property Type	multi family
Year Built	1979
Heating	ForcedAir
Cooling	EvaporativeCooling
Lot Size	6,098 sqft
Property Tax (est.)	$4,602/yr ($384/mo)
Price / Sqft	$148
Status	Active
Days on Market	3

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$425,000

Nob Hill median

$398,000

7% above the Nob Hill median. Homes here sell in an average of 28 days.

Commute Times

Unm

5 min

Downtown

10 min

Abq Studios

20 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

12 min

Intel Rio Rancho

35 min

Nearby Schools

Monte Vista Elementary

K-5 · APS

6/10

Jefferson Middle School

6-8 · APS

5/10

Highland High School

9-12 · APS

5/10

UNM (University of New Mexico)

Higher Ed · State

Neighborhood Guide

Explore Nob Hill

Eclectic & Walkable

Listing courtesy of Beyond Real-Estate. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.