1216 Coal Avenue Sw, Albuquerque, NM 87102

Local realty services provided by:ERA Summit
1216 Coal Avenue Sw,Albuquerque, NM 87102
$575,000
  • 4 Beds
  • 4 Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: lisa parker
Office: re/max select
MLS#:1109687
Source:NM_SWMLS

Price summary

  • Price:$575,000
  • Price per sq. ft.:$191.67

About this home

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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Home facts

  • Year built:1941
  • Subdivision & Development:Downtown Zoo ACC
  • Listing ID #:1109687
  • Added:1 day(s) ago
  • Updated:August 22, 2026 at 08:43 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Flooring:Wood
  • Kitchen Description:Free Standing Gas Range, Range Hood, Refrigerator
  • Living area:3,000 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan, Refrigerated
  • Heating:Forced Air

Structure and exterior

  • Year built:1941
  • Building area:3,000 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Block, Concrete
  • Exterior Features:Patio
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$191.67
  • Tax amount:$11,039

Features and amenities

  • Appliances:Free Standing Gas Range, Range Hood, Refrigerator

Parking

  • Total parking spaces:4