Rare North Valley income-producing opportunity near Los Ranchos! This unique 4-unit property offers an exceptional combination of flexibility, location, and income potential on a spacious approximately 1/2-acre lot. The property features two individual 1-bedroom units plus a duplex consisting of two 2-bedroom units, providing four separate living spaces in total. All units have been updated and are in move-in condition. Three of the four units are nicely furnished, and each unit offers its own private front-yard area along with ample on-site parking. Separate electric meters for each unit provide additional convenience for ownership and management, with water being the only shared utility. Whether you're an experienced investor seeking a versatile income property, an owner-occupant looking to live in one unit while generating rental income from the others, or someone looking for a unique property with potential for furnished or vacation-rental use, this property offers a rare range of possibilities. Set in the highly desirable North Valley near Los Ranchos, this is a special opportunity that is not often available. Come explore the possibilities! Buyer to verify zoning for their use.
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Zillow last checked:
Listing updated:
Listed by:
Steve L Soto505-263-4624,
Berkshire Hathaway NM Prop505-798-6300
Source: SWMLS,MLS#: 1107684
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Central, Forced Air, Other, Wall Furnace
Cooling
Evaporative Cooling, Varies by Unit, Ceiling Fan(s)
Appliances
Included: Free-Standing Electric Range, Refrigerator
Features
Ceiling Fan(s)
Flooring: Carpet
Interior area
Total structure area: 3,000
Total interior livable area: 3,000 sqft
Property
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Lot
Size: 0.57 Acres
Details
Has additional parcels: Yes
Parcel number: 101506426303440303
Zoning description: R-1
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Frame, Stucco
Condition
Resale
New construction: No
Year built: 1960
Utilities & green energy
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
Energy generation: None
Community & HOA
Community
Subdivision: Englebrecht Subd
Location
Region: Albuquerque
Financial & listing details
Price per square foot: $250/sqft
Tax assessed value: $593,100
Annual tax amount: $8,380
Date on market: 7/22/2026
Cumulative days on market: 8 days
Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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