$495,000
$201/sqftactive502 Vassar Drive SE, Albuquerque, NM 87106
Beds
6
Baths
3
Sqft
2,457
Lot
7,100 sqft
Built
1946
Type
multi family
About This Property
Exceptional investment opportunity in the desirable UNM South area! This well-maintained single-story triplex features three 2-bedroom, 1-bath units, each offering durable solid-surface flooring and convenient stackable washer/dryer units. Two units include garage/storage space, adding value and appeal for tenants. Two of the three units are currently rented, providing immediate income potential, while the remaining unit offers flexibility for owner occupancy or additional rental income. Conveniently located near UNM, downtown, shopping, dining, and major commuter routes, this property is an excellent addition to an investment portfolio or a smart owner-investment opportunity.
Features & Amenities
Property Details
| MLS # | 1105057 |
| Property Type | multi family |
| Year Built | 1946 |
| Heating | FloorFurnace |
| Cooling | EvaporativeCooling,CeilingFans |
| Lot Size | 7,100 sqft |
| Property Tax (est.) | $5,329/yr ($444/mo) |
| Price / Sqft | $201 |
| Status | Active |
| Days on Market | 4 |
About Nob Hill → Full Guide
Price vs. Neighborhood
This home
Nob Hill median
32% above the Nob Hill median. Homes here sell in an average of 38 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
Jefferson Middle School
6-8 · APS
Highland High School
9-12 · APS
UNM (University of New Mexico)
Higher Ed · State
Neighborhood Guide
Explore Nob Hill
Eclectic & Walkable
Listing courtesy of Coldwell Banker Legacy. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
Quick Facts
Looking for something different?
Our AI concierge can match you with homes based on what you actually want, not just filters.