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$295,000

$242/sqftactive

1709 Walter Street SE, Albuquerque, NM 87102

0 days on market
0

Beds

2

Baths

2

Sqft

1,219

Lot

5,828 sqft

Built

1930

Type

single 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. Recent 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 in docs, rent roll available. Buyers should independently confirm square footage, zoning and permitted use, financing eligibility, lease terms, parking configuration, and whether the property suits their intended use.

Features & Amenities

Main Level Primary
Tub Shower
Landscaped
Planned Unit Development
Free Standing Gas Range
Refrigerator
Range Hood
Carpet Free Flooring
Tile Flooring
Vinyl Flooring
Full Fence
1 Story
Water: Public
Sewer: PublicSewer
Subdivision: Eastern Add
Elementary: Eugene Field
Middle: Washington
High: Albuquerque

Property Details

MLS #1108825
Property Typesingle family
Year Built1930
HeatingDuctless,Electric,HeatPump
CoolingDuctless,Refrigerated
RoofMetal,Pitched,Shingle
FoundationPermanent
Lot Size5,828 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

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Quick Facts

Est. Tax$215/mo
HeatingDuctless
CoolingDuctless

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