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Street View
$450,000
Monthly Est:$2,240
4 Beds
3 Baths
1,662sqft
324 Harvard Dr SE, Albuquerque, NM 87106
$450,000
$2,240/moEst:
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Quadruplex
Built in 1948
$-- HOA
7,100 sqft lot
$271/sq.ft
Description
UNM Value-Add 4-Plex Investment | Great Owner-Occupant Opportunity!324 Harvard Dr. SE presents an attractive value-add multifamily investment opportunity in Albuquerque's highly desirable University Heights neighborhood. This 4-unit property features a unique layout consisting of a spacious 2-bedroom, 1-bathroom main house with an attached 1-bedroom casita and a freestanding duplex comprised of two additional 1-bedroom units. With current rents below market rates, the property offers approximately 28% potential rental income upside and a projected 6.31% pro forma cap rate. Additional amenities include onsite parking, exterior storage closets, and onsite laundry facilities. Conveniently located near UNM, CNM, major hospitals, and Downtown Albuquerque, this property offers an excellent opportunity for investors seeking rental income growth or owner-occupants looking to offset their housing expenses with additional rental income.
- Houzeo last checked: 1 minute ago
- Listing updated: November 11, 2026 at 9:44 pm
- Listing Provided by: Luke Scarpa (505) 504-8883 DRE #REC20230302, Clayton J Azar (505) 480-9777 DRE #19039 | NAI SunVista Commercial RE (505) 878-0001
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1113847
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1948
HOA Fees
-
Finished Area
1,662 sqft
Lot Size
7,100 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1113847
MLS Status
Active
Days on Market
2
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Interior
Flooring
Vinyl, Wood
Cooling
Evaporative Cooling
Appliances
Dishwasher, Free Standing Gas Range, Microwave, Refrigerator
Heating
Radiant
Exterior Features
Landscaping
Construction
Year Built
Year Built: 1948
Home type
Quadruplex
Property Condition
Resale
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Basement
Finished
Other Features
Tenant Pays
Electricity, Gas
Disclosures
Lead Based Paint Disclosure, Ranm2100disclosure
Subdivision Name
University Hts Add
Price History
| Date | Event | Price |
|---|---|---|
11/11/2026 Source: | Listed for Sale | $450,000 $271/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Nov 14, 2026, 09:30AM. 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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