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For sale
  • $515,000

    1203-1207 Barelas Rd SW, Albuquerque, NM 87102

    4beds
    4baths
    2,416sqft
    : 
    Quadruplex, Multi Family
    Built in 1930
    -- sqft lot
    $494,800 Zestimate®
    $213/sqft
    $-- HOA

    What's special

    Off-street parkingModern finishesNew mini-splitsPrivate yard space
    Excellent income-producing 4plex in Albuquerque's vibrant and walkable Barelas neighborhood! This unique property includes a well-kept triplex plus a detached casita, each unit offering off-street parking and private yard space. One unit fully renovated in 2025 with modern finishes and new mini-splits and available for showings. Located just steps from the zoo, parks, and the Barelas Community Center with its free amenities. Units are under-rented, providing immediate value-add potential. Ideal for owner-occupants--live in one unit and let the other three pay the mortgage with low-down financing options available.
    21 days
    on Zillow
    |
    292
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 05, 2025 at 12:13pm

    Listed by:

    Tim Nisly 505-328-8848,

    Realty One of New Mexico 505-883-9400

    Source: SWMLS,MLS#: 1085330MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1203-1207 Barelas Rd SW.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Ductless, Wall Furnace
    Cooling
    • Ductless, Evaporative Cooling, Varies by Unit, Window Unit(s)
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Laminate, Tile
    • Has basement: No
    Interior area
    • Total structure area: 2,416
    • Total interior livable area: 2,416 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Landscaping
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 101405703304130430
    • Zoning description: R-T*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Adobe, Frame
    Condition
    • Resale
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & HOA

    Location
    • Region: Albuquerque

    Financial & listing details

    • Price per square foot: $213/sqft
    • Annual tax amount: $2,476
    • Date on market: 6/5/2025
    • Listing terms: Cash,Conventional,FHA
    • Tenant pays: Electricity, Gas
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