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$575,000
Monthly Est:$2,862
4 Beds
4 Baths
3,000sqft
1216 Coal Ave Sw, Albuquerque, NM 87102
$575,000
$2,862/moEst:
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Quadruplex
Built in 1941
$-- HOA
7,013 sqft lot
$192/sq.ft
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.
- Houzeo last checked: 1 minute ago
- Listing updated: October 8, 2026 at 12:15 am
- Listing Provided by: Lisa Parker (505) 220-7068 DRE #30211 | RE/MAX SELECT (505) 265-5111
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1109687
Property Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1941
HOA Fees
-
Finished Area
3,000 sqft
Lot Size
7,013 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1109687
MLS Status
Pending
Days on Market
49
Cumulative Days on Market
40
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Flooring
Wood
Interior Features
Ceiling Fans
Exterior Features
Patio
Heating
Forced Air
Cooling
Refrigerated, Ceiling Fans
Appliances
Free Standing Gas Range, Refrigerator, Range Hood
Construction
Year Built
Year Built: 1941
Home type
Quadruplex
Construction Materials
Block, Concrete
Property Condition
Resale
Utilities & Energy
Electric
None
Security Features
Security Gate
Laundry Features
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, In Unit
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Tenant Pays
Electricity, Gas
Disclosures
Lead Based Paint Disclosure, Principal Is Real Estate Licensed, Ranm2100disclosure
Patio And Porch Features
Patio
Subdivision Name
Downtown Zoo Acc
Community Features
Patio
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Pending | $575,000 $192/sqft |
08/22/2026 Source: | Listed for Sale | $575,000 $192/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 10, 2026, 11:15PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
Advertising Broker: Jared Andrew English | Congress Realty, Inc