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1203, 1207 Barelas Road SW

Albuquerque, NM 87105
  • $515,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 1085330
$515,000
  • 1
    BEDS
  • 0.27
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,416
    SQFT
  • $213
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

Excellent income-producing 4plex in Albuquerque's vibrant and walkable Barelas neighborhood! This unique property includes a well-kept triplex plus a detached casita, each unit offering off-street parking and private yard space. One unit fully renovated in 2025 with modern finishes and new mini-splits and available for showings. Located just steps from the zoo, parks, and the Barelas Community Center with its free amenities. Units are under-rented, providing immediate value-add potential. Ideal for owner-occupants--live in one unit and let the other three pay the mortgage with low-down financing options available.

Monthly Payment Calculator



IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-06-15T00:05:24.657.
www.albuquerquerealestateservices.com/homes/164592479
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1203, 1207 Barelas Road SW Albuquerque, NM 87105

  • Price: $515,000
  • Status: Active
  • On Site: 9 Days
  • MLS #: 1085330
1
Beds
1
Baths
0
½ Baths
0.27
Acres
2,416
SQFT
$213
$/SQFT
1930
Built
Neighborhood:
80 - Downtown Area
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
Excellent income-producing 4plex in Albuquerque's vibrant and walkable Barelas neighborhood! This unique property includes a well-kept triplex plus a detached casita, each unit offering off-street parking and private yard space. One unit fully renovated in 2025 with modern finishes and new mini-splits and available for showings. Located just steps from the zoo, parks, and the Barelas Community Center with its free amenities. Units are under-rented, providing immediate value-add potential. Ideal for owner-occupants--live in one unit and let the other three pay the mortgage with low-down financing options available.
Exterior Features

Construction Materials Adobe Frame Exterior Features Landscaping Levels One

Interior Features

Appliances Dryer Microwave Refrigerator Washer Basement YN No Cooling Ductless Evaporative Cooling Varies by Unit Window Unit(s) Cooling YN Yes Flooring Laminate Tile Heating Ductless Wall Furnace Heating YN Yes

Property Features

Builder Name Unknown Building Area Total 2416 Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA New Construction YN No Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 2476.36 Tenant Pays Electricity Gas Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R- T*

Southwest MLS] logo Listing courtesy of Realty One of New Mexico: (505) 883-9400. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-06-15T00:05:24.657.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112