1303-1305 Iron Avenue Sw, Albuquerque, NM 87102

Albuquerque
Local realty services provided by:ERA Sellers & Buyers Real Estate
1303-1305 Iron Avenue Sw,Albuquerque, NM 87102
$275,000
  • 1 Beds
  • 1 Baths
  • 1,128 sq. ft.
  • Multi-family
  • Active
Listed by: anita maestas, todd d clarke
Office: maestas real estate services
MLS#:1109233
Source:NM_SWMLS

Price summary

  • Price:$275,000
  • Price per sq. ft.:$243.79

About this home

Both units are tenant occupied. Property tours will be held for pre-qualified buyers only on August 22nd and August 29th from 1-3 pm. Located just minutes from Downtown Albuquerque and Old Town, the property is within walking distance of Rio Grande Pool, Rio Grande Park, the ABQ BioPark Zoo and nearby neighborhood amenities. It also offers convenient bicycle access to Downtown, Old Town Plaza and the extensive trail system along the Bosque and Rio Grande.Offered at $275,000, or $137,500 per unit, the property provides an attractive entry point into Albuquerque's multifamily investment market. Current underwriting reflects a 6.19% cap rate, with projected rent growth providing additional upside.The property features two one bedroom/one bathroom units. The extra lot contains 0.1618 acres with alley access and space for additionalbuilding(s).Do not wait, apartments continue to show strong appreciation coupledwith high rent growth potential from all of the new Amazon, Facebook,Intel, and...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Subdivision & Development:Raynolds Addition
  • Listing ID #:1109233
  • Added:46 day(s) ago
  • Updated:September 30, 2026 at 02:33 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Flooring:Vinyl
  • Kitchen Description:Free Standing Gas Range, Refrigerator
  • Living area:1,128 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1920
  • Building area:1,128 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Stucco
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$243.79
  • Tax amount:$2,649

Features and amenities

  • Appliances:Free Standing Gas Range, Refrigerator

New listings near 1303-1305 Iron Avenue Sw