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Homes for sale in Albuquerque, NM | 615 Iron Ave Sw, Albuquerque, NM 87102 | MLS# 1102929
Homes for sale in Albuquerque, NM | 615 Iron Ave Sw, Albuquerque, NM 87102 | MLS# 1102929
Homes for sale in Albuquerque, NM | 615 Iron Ave Sw, Albuquerque, NM 87102 | MLS# 1102929
Homes for sale in Albuquerque, NM | 615 Iron Ave Sw, Albuquerque, NM 87102 | MLS# 1102929
Homes for sale in Albuquerque, NM | 615 Iron Ave Sw, Albuquerque, NM 87102 | MLS# 1102929
69+
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$1,500,000

  • Beds Icon12 Beds
  • Beds Icon
    12 Baths
  • Beds Icon6,574sqft

615 Iron Ave Sw, Albuquerque, NM 87102

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  • Multi Family

  • Built in 2023

  • $-- HOA

  • 7,100 sqft lot

  • $228/sq.ft

Description

Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built...

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  • Houzeo last checked: 57 Minutes ago
  • Listing updated: May 16, 2026 at 1:10 pm
  • Listing Provided by: Thomas Gallegos (505) 261-8687 DRE #45240 | Berkshire Hathaway NM Prop (505) 798-6300
  • Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1102929 Greater Albuquerque AOR (SWMLS) MLS-NM

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Bernalillo County

  • City

    Albuquerque

  • Neighborhood

    Barelas

  • Year Built

    2023

  • HOA Fees

    -

  • Finished Area

    6,574 sqft

  • Lot Size

    7,100 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Greater Albuquerque AOR (SWMLS) MLS

  • MLS Number

    1102929

  • MLS Status

    Active

  • Days on Market

    31

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