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$553,865
Monthly Est:$2,757
5 Beds
- 3 Baths
3,105sqft
1502 Gold Ave SE, Albuquerque, NM 87106
$553,865
$2,757/moEst:
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Quadruplex
Built in 1940
$-- HOA
4,051 sqft lot
$178/sq.ft
Description
Fourplex ideally located near the University of New Mexico (UNM), UNM Hospital, and Presbyterian Hospital, this beautifully updated property offers an exceptional opportunity for investors seeking a well-maintained multifamily property. The property features a desirable unit mix of three spacious 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, with an average unit size of approximately 776 square feet. All four units have been updated, offering updated living spaces designed to appeal to today's rental market. Significant recent capital improvements include water heaters, heating systems, cooling units, and electrical upgrades, providing added value and helping reduce potential near-term maintenance expenses. Conveniently located near major employment centers, educational institutions, healthcare facilities, shopping, dining, and transportation corridors, this property is well-positioned to attract a broad pool of prospective tenants. The seller is open to considering owner financing.
- Houzeo last checked: 9 minutes ago
- Listing updated: November 4, 2026 at 7:26 pm
- Listing Provided by: Vertical Real Estate (877) 366-2213 , Mario S Zaragoza (505) 695-9337 DRE #50385 | LPT Realty (877) 366-2213
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1113515

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
3,105 sqft
Lot Size
4,051 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1113515
MLS Status
Active
Days on Market
1
Cumulative Days on Market
2

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Flooring
Carpet, Vinyl
Heating
Ductless
Exterior Features
Landscaping
Appliances
Free Standing Electric Range, Free Standing Gas Range, Refrigerator
Cooling
Ductless
Construction
Year Built
Year Built: 1940
Home type
Quadruplex
Property Condition
Resale
Construction Materials
Frame, Stucco
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Disclosures
Lead Based Paint Disclosure, Ranm2100disclosure
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
11/04/2026 Source: | Listed for Sale | $553,865 +14.20% $178/sqft |
05/20/2023 Source: | Sold | $485,000 $156/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Nov 06, 2026, 03:45AM. 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.
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