Skip main navigation
For sale
  • $795,000

    907 7th St NW #&-901, Albuquerque, NM 87102

    6beds
    6baths
    4,119sqft
    : 
    $5,612/mo
    Get pre-qualified
    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
    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:
    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#: 1113715MLS Logo

      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

        DateEventPrice
        11/9/2026Listed for sale$795,000$193/sqft
        Source: SWMLS #1113715 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

        80 / 100
        Very Walkable
        46 / 100
        Some Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts