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    502 Headingly Ave NW, Albuquerque, NM 87107

    12beds
    8baths
    4,747sqft
    Multi Family
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,481 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,481/mo

    Zestimate® history
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    What's special

    FOUR-ADDRESS 7-UNIT INCOME COMPOUND ON ONE LOT! Rare commercial multi-family investment portfolio opportunity featuring four distinct physical addresses 502 Headingly Ave NW, 504 Headingly Ave NW, 506 Headingly Ave NW, and 3921 5th St NW. all legally situated on one single, low-maintenance parcel. Streamlined portfolio management with massive high-density cash flow.Current Unit Breakdown (5 Turn-Key Units):Two separate duplexes: Each featuring 2-bedroom, 1-bathroom layouts.One detached home: Featuring a 2-bedroom, 1-bathroom layout.Two detached cottages: Each featuring cozy 1-bedroom, 1-bathroom layouts.Massive Value-Add Potential (6th & 7th Units):The property features an additional standalone structure primed for immediate equity growth. The framework, electrical wiring, and plumbing rough-ins are completely in place--finish it out to instantly add a 6th rent-generating unit! Additionally, there is potential to optimize/add a 7th unit on-site. Property is priced and valued based on its current operational footprint, giving the next owner massive built-in upside.Important Disclosures: Sold strictly AS-IS, WHERE-IS. Please submit all offers subject to interior inspection out of respect for current occupants. Buyer is strictly responsible for independently verifying all unit square footages, exact utility configurations/metering, local zoning codes, certificate of occupancy status, and permitting/completion requirements for the unfinished spaces prior to the expiration of contingencies. Call today for a complete APOD sheet, rent roll, and to schedule your private tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Terrance Belcher 505-399-0291,

    AIM Properties

    Bought with:

    Lindsey Thomas, 47433

    Coldwell Banker Legacy

    Source: SWMLS,MLS#: 1108818MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Heating
    • Central, Other, Wall Furnace
    Cooling
    • Evaporative Cooling, Ceiling Fan(s)
    Appliances
    • Included: Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl
    Interior area
    • Total structure area: 4,747
    • Total interior livable area: 4,747 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 101406032726810119
    • Zoning description: R-1C*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Resale
    • New construction: No
    • Year built: 1951

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Monkbridge
    Location
    • Region: Albuquerque

    Financial & listing details

    • Tax assessed value: $279,299
    • Annual tax amount: $6,895
    • Date on market: 8/10/2026
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Conventional
    • Total actual rent: 6550
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    9/4/2026Sold--
    Source: SWMLS #1108818 Report a problem
    8/12/2026Pending sale$750,000$158/sqft
    Source: SWMLS #1108818 Report a problem
    8/10/2026Listed for sale$750,000+7.3%$158/sqft
    Source: SWMLS #1108818 Report a problem
    5/1/2026Listing removed$699,000$147/sqft
    Source: SWMLS #1093208 Report a problem
    2/19/2026Listing removed$1,000
    Source: Zillow Rentals Report a problem
    1/28/2026Price change$1,000-4.8%
    Source: Zillow Rentals Report a problem
    1/13/2026Listed for rent$1,050+61.5%
    Source: Zillow Rentals Report a problem
    12/3/2025Price change$699,000-6.8%$147/sqft
    Source: SWMLS #1093208 Report a problem
    10/20/2025Listed for sale$750,000$158/sqft
    Source: SWMLS #1093208 Report a problem
    10/1/2018Listing removed$650
    Source: AIM Properties Report a problem
    9/12/2018Price change$650-7.1%
    Source: AIM Properties Report a problem
    8/6/2018Price change$700-6.7%
    Source: Zillow Rental Manager Report a problem
    8/2/2018Listed for rent$750+36.4%
    Source: Zillow Rental Manager Report a problem
    9/20/2017Listing removed$550
    Source: Aim Propeties Report a problem
    9/19/2017Listed for rent$550-7.6%
    Source: Aim Propeties Report a problem
    2/21/2017Listing removed$595
    Source: Aim Propeties Report a problem
    1/31/2017Price change$595+13.3%
    Source: Aim Propeties Report a problem
    1/27/2017Listed for rent$525
    Source: Aim Propeties Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,498 +3.1%$93,090 +3%
    2024$4,362 +1.9%$90,379 +3%
    2023$4,282 -69%$87,747 +3%
    2022$13,824 +57.6%$85,191
    2021$8,773 -37.1%$85,191 -0.3%
    2020$13,948 $85,458 -0.3%
    2019-- $85,724
    2018$3,866 -5.6%$85,724 -0.3%
    2017$4,097 +2.6%$85,958 +1.5%
    2016$3,992 -95.1%$84,677 +3%
    2015$82,211 +2108.7%$82,211 +3%
    2014$3,722 $79,817 +3%
    2013$3,722 $77,492 -5.4%
    2012-- $81,911
    2011-- $81,911
    2010-- $81,911 -11.8%
    2009-- $92,855
    2008-- $92,855
    2007-- $92,855 +3%
    2006-- $90,150 +3%
    2005-- $87,524
    2004-- $87,524
    2003-- $87,524 +0.4%
    2002-- $87,164 +3%
    2001-- $84,625 -1.1%
    2000-- $85,558
    Find assessor info on the county website

    Neighborhood: Monkbridge Gardens

    Nearby schools

    GreatSchools rating