Within walking distance of breweries, specialty coffee shops, restaurants, grocery stores, major bus routes, parks and the city's primary courthouses, this property gives residents a front-row seat to the energy of Downtown and convenient access to Old Town.Tucked behind classic white picket fences, the two buildings - originally constructed in 1931 and 1936 - offer a total of 4,119 square feet on approximately 0.2296 acres. The six homes have distinctive floor plans, bright living spaces, hardwood floors, built-ins, full kitchens, private yard areas, in-unit washers and dryers, and convenient on- and off-street parking. It is the kind of small-scale, character-rich downtown investment that stands out from the crowd.Owner-Occupant OpportunityWhy buy just one home when you could live in one residence and collect rents from the others? The updated 26-page flyer includes an illustrative owner-occupant analysis showing a net monthly housing cost as low as $770 with a 25% down payment. That figure is a projection, not a loan quote or guarantee; actual results depend on occupancy, financing, expenses and rents.Furnished / Vacation-Rental PotentialFor buyers interested in other operating strategies, the flyer also explores the potential for vacation rentals in the Downtown / Old Town area. Short-term or furnished-rental use, any applicable approvals, licensing, operating costs and projected income should be independently verified.Investment Performance - Six-Unit OfferingThe combined asking price is $795,000 - $132,500 per unit, or $193.01 per square foot. As presented in the updated flyer, the offering has a 10.73 gross rent multiplier (GRM), a 6.19% capitalization rate before reserves and a modeled 13.40% after-tax internal rate of return (IRR). The flyer reports average rent of $1,083 for 2025 and models $1,275 for its 2027 pro forma, with a potential 7.73% capitalization rate before reserves and an 8.66 GRM. Projections are illustrative and are not assured.There is another noteworthy feature: the six homes occupy TWO separate parcels. The owners indicate that the two triplexes can also be sold and financed separately - an option for investors seeking flexibility in acquisition and financing.Get the Flyer, Numbers and Virtual ToursThe 26-page marketing flyer includes the APOD, return model, comparable-sales analysis, floor plans, photographs, surveys and zoning information. Register for additional information and confidential documents here:
For sale
$795,000
907 7th St NW #&-901, Albuquerque, NM 87102
6beds
6baths
4,119sqft
Multi Family
Built in 1931
-- sqft lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Full kitchensPrivate yard areasIn-unit washers and dryersBright living spacesHardwood floors
- 5 days
- 184
- 10
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc. 505-440-8633,
Kyle E Deacon 505-878-0100,
Deacon Property Services
Source: SWMLS,MLS#: 1113715
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Central, Floor Furnace, Wall Furnace
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 4,119
- Total interior livable area: 4,119 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,018 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 101405809123234907
- Zoning description: R-1A*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1931
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Perfecto Armijo Brothers
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $193/sqft
- Annual tax amount: $4,831
- Date on market: 11/9/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 6680
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2026 | Listed for sale | $795,000$193/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




