301 Graceland Drive Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:ERA Sellers & Buyers Real Estate
301 Graceland Drive Se,Albuquerque, NM 87108
$695,000
  • 9 Beds
  • 5 Baths
  • 3,335 sq. ft.
  • Multi-family
  • Active
Listed by: julie turner, jose luis juarez
Office: realty one group concierge
MLS#:1109351
Source:NM_SWMLS

Price summary

  • Price:$695,000
  • Price per sq. ft.:$208.4

About this home

Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.

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Home facts

  • Year built:1962
  • Subdivision & Development:Grande Add
  • Listing ID #:1109351
  • Added:1 day(s) ago
  • Updated:August 18, 2026 at 08:57 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Flooring:Carpet, Concrete
  • Kitchen Description:Free Standing Electric Range, Refrigerator
  • Living area:3,335 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Central, Forced Air

Structure and exterior

  • Year built:1962
  • Building area:3,335 sq. ft.
  • Lot area:0.19 Acres
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$208.4
  • Tax amount:$5,500

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Skylights

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