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1216 Coal Avenue SW

Albuquerque, NM 87102
  • $575,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 1109687
UPDATED: 61 min ago
$575,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Description

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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IDX information © 2026 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: 2026-09-16T08:05:04.087.
www.albuquerquerealestateservices.com/homes/180431417
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1216 Coal Avenue SW Albuquerque, NM 87102

  • Price: $575,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 61 min ago
  • MLS #: 1109687
4
Beds
4
Baths
0
½ Baths
0.16
Acres
3,000
SQFT
$192
$/SQFT
1941
Built
Neighborhood:
Downtown Zoo Acc
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
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.
Exterior Features

Construction Materials Block Concrete Exterior Features Patio Levels One Parking Total 4 Patio And Porch Features Patio

Interior Features

Appliances Free- Standing Gas Range Refrigerator Range Hood Cooling Refrigerated Ceiling Fan(s) Cooling YN Yes Electric None Flooring Wood Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Washer Hookup Dryer Hookup Gas Dryer Hookup In Unit

Property Features

Accessibility Features None Builder Name Unknown Building Area Total 3000 Community Features Patio Green Energy Generation None Gross Income 52200 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional VA Loan New Construction YN No Owner Pays Sewer Trash Collection Water Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 11039.1 Tenant Pays Electricity Gas Total Actual Rent 3175 Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of RE/MAX SELECT: (505) 265-5111. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 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: 2026-09-16T08:05:04.087.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112