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$695,000
Monthly Est:$3,459
9 Beds
5 Baths
3,335sqft
301 Graceland Dr SE, Albuquerque, NM 87108
$695,000
$3,459/moEst:
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Multi Family
Built in 1962
$-- HOA
8,276 sqft lot
$208/sq.ft
Description
Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two bedroom 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. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.
- Houzeo last checked: 14 minutes ago
- Listing updated: August 18, 2026 at 6:43 pm
- Listing Provided by: Julie Turner (505) 220-9700 DRE #20446, Jose Luis Juarez (505) 205-8997 DRE #44770 | Realty One Group Concierge (505) 318-1111
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1109351
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1962
HOA Fees
-
Finished Area
3,335 sqft
Lot Size
8,276 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1109351
MLS Status
Active
Days on Market
53
Cumulative Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 5
Interior
Interior Features
Skylights
Window Features
Skylights
Cooling
Evaporative Cooling
Flooring
Carpet, Concrete
Heating
Central, Forced Air
Appliances
Free Standing Electric Range, Refrigerator
Construction
Year Built
Year Built: 1962
Home type
Multi Family
Property Condition
Resale
Utilities & Energy
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Tenant Pays
Electricity, Gas
Subdivision Name
Grande Add
Disclosures
Lead Based Paint Disclosure, Principal Is Real Estate Licensed, Ranm2100disclosure
Price History
| Date | Event | Price |
|---|---|---|
02/13/2026 Source: | Listed for Sale | $850,000 +9.68% $255/sqft |
02/13/2026 Source: | Off Market | $775,000 -18.42% $232/sqft |
01/11/2026 Source: | Listed for Sale | $950,000 +58.36% $285/sqft |
06/28/2024 Source: | Off Market | $599,900 +19.98% $180/sqft |
09/27/2022 Source: | Sold | $500,000 $150/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 11, 2026, 08:00AM. 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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