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Street View
$565,000
Monthly Est:$2,812
6 Beds
6 Baths
3,191sqft
426 Towner Ave NW, Albuquerque, NM 87102
$565,000
$2,812/moEst:
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Multi Family
Built in 1946
$-- HOA
10,454 sqft lot
$177/sq.ft
Description
Turnkey 6-plex in Albuquerque's Near North Valley--three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the case: CAP 6.06%, GRM 9.53, IRR 13.40% (per owner's pro forma). Rent/unit under $100k, under most comps. Each unit is separately metered for gas and electric. Close to employment, transit, and amenities, this location supports steady demand and market-rate rent growth. A great pric...
Continue Reading- Houzeo last checked: 8 minutes ago
- Listing updated: July 22, 2026 at 1:51 am
- Listing Provided by: Peter A Cochran (505) 314-6181 DRE #20811 | Weichert, Realtors Image (505) 365-6721
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1095527
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1946
HOA Fees
-
Finished Area
3,191 sqft
Lot Size
10,454 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1095527
MLS Status
Active
Days on Market
284
Cumulative Days on Market
222
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Interior
Heating
Wall Furnace
Appliances
Free Standing Gas Range, Range Hood
Flooring
Carpet, Tile, Vinyl
Cooling
Window Units
Construction
Year Built
Year Built: 1946
Home type
Multi Family
Property Condition
Resale
Construction Materials
Block, Frame
Utilities & Energy
Laundry Features
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Subdivision Name
Towner Add
Disclosures
Lead Based Paint Disclosure, Principal Is Real Estate Licensed, Ranm2100disclosure
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
12/10/2025 Source: | Listed for Sale | $565,000 +593.25% $177/sqft |
08/30/2019 Source: | Sold | $81,500 $26/sqft |
Near North Valley Ranks # in Albuquerque, NM
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Sep 20, 2026, 11:45PM. 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
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