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301 Graceland Drive SE

Albuquerque, NM 87108
  • $850,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 1098316
UPDATED: 29 min ago
$850,000
  • 9
    BEDS
  • 0.19
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,335
    SQFT
  • $255
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Description

Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four twobedroom 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. One unit is currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hillneighborhood 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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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: 2026-04-22T13:05:17.003.
www.albuquerquerealestateservices.com/homes/173053557
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301 Graceland Drive SE Albuquerque, NM 87108

  • Price: $850,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 29 min ago
  • MLS #: 1098316
9
Beds
6
Baths
0
½ Baths
0.19
Acres
3,335
SQFT
$255
$/SQFT
1962
Built
Neighborhood:
Grande Add
County:
Bernalillo
Area:
42 - UNM South
Property Description
Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four twobedroom 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. One unit is currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hillneighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long term appreciation.
Exterior Features

Construction Materials Frame Levels One

Interior Features

Appliances Free- Standing Electric Range Refrigerator Cooling Evaporative Cooling Cooling YN Yes Flooring Carpet Concrete Heating Central Forced Air Heating YN Yes Interior Features Skylights Window Features Skylight(s)

Property Features

Builder Name Unknown Building Area Total 3335 Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional VA Loan New Construction YN No Owner Pays Trash Collection Property Condition Resale Property Sub Type Multi Family Property Sub Type Additional Multi Family Tax Annual Amount 5500.28 Tenant Pays Electricity Water Total Actual Rent 3450 Utilities Electricity Connected Sewer Connected See Remarks Water Connected Zoning Description MX- T*

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 897-1100. © 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: 2026-04-22T13:05:17.003.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112