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For sale
$575,000

1216 Coal Ave SW #1218, Albuquerque, NM 87102

4beds
4baths
3,000sqft
: 
$3,830/mo
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Quadruplex, Multi Family
Built in 1941
-- sqft lot
$-- Zestimate®
$192/sqft
$-- HOA

What's special

Small private patios
CHECK THIS OUT- FOURPLEX a great Downtown Investment Opportunity! The property features four one bedroom - one bath units with small private patios. Rents are currently below market with 3 longtime tenants on mo to mo leases. MANY CAPITAL IMPROVEMENTS - see documents for list. Units are in average cosmetic condition. This property offers exceptional convenience and appeal to tenants...just blocks from downtown cafes & restaurants, the bustling farmers market, the historic charm of Old Town,.Downtown , Tingley Beach, Rio Grande Pool & Park, Zoo and ACC. Offering bike access to the extensive trail system along the Rio Grande Bosque this 4-plex is a great investment at $143,750/unit. ABQ apartments still show appreciation while offering rent growth potential from entities such as Amazon, Facebook and Netflix Whether you're seeking a steady income stream or a versatile rental investment this fourplex combines location, updates, and strong rental history in one compelling package.
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Zillow last checked:

Listing updated:

Listed by:

Lisa Parker 505-220-7068,

RE/MAX SELECT 505-265-5111

Source: SWMLS,MLS#: 1109687MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Refrigerated, Ceiling Fan(s)
    Appliances
    • Included: Free-Standing Gas Range, Refrigerator, Range Hood
    • Laundry: Washer Hookup, Dryer Hookup, GasDryer Hookup, In Unit
    Features
    • Ceiling Fan(s)
    • Flooring: Wood
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Patio
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: 101305736332810810
    • Zoning description: R-ML*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block, Concrete
    Condition
    • Resale
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Electric: None
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & HOA

    Community
    • Features: Patio
    • Security: Security Gate
    • Subdivision: Downtown Zoo ACC
    Location
    • Region: Albuquerque

    Financial & listing details

    • Price per square foot: $192/sqft
    • Annual tax amount: $11,039
    • Date on market: 8/22/2026
    • Listing terms: Cash,Conventional,VA Loan
    • Total actual rent: 3175
    • Tenant pays: Electricity, Gas

      Estimated market value

      Not available

      Estimated sales range

      Not available

      Not available

      Price history

      DateEventPrice
      8/22/2026Listed for sale$575,000$192/sqft
      Source: SWMLS #1109687 Report a problem

      Public tax history

      Tax history is unavailable.

      Monthly payment

      Est. payment

      Payment breakdown

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      All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
      HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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      Climate risks

      Neighborhood: Barelas

      Getting around

      82 / 100
      Very Walkable
      45 / 100
      Some Transit
      95 / 100
      Biker's Paradise

      Nearby schools

      GreatSchools rating

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