1216 Coal Avenue SW, Albuquerque, NM 87102

  • Pending
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 $575,000

  • 4 BedroomBedrooms
  • 4 BathroomBathrooms
  • 4,284 Sq.Ft.
  • Multi-Family
  • Pending
  • MLS# 1109687
  • Sold On
  • Rental
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Source MLS Verified

PROPERTY DESCRIPTION

CHECK THIS OUT- FOURPLEX a great Downtown Investment Opportunity! The property features four one bedroom - one bath units with small private patios. Rents are currently below market with 3 longtime tenants on mo to mo leases. MANY CAPITAL IMPROVEMENTS - see documents for list. Units are in average cosmetic condition. This property offers exceptional convenience and appeal to tenants...just blocks from downtown cafes & restaurants, the bustling farmers market, the historic charm of Old Town,.Downtown , Tingley Beach, Rio Grande Pool & Park, Zoo and ACC. Offering bike access to the extensive trail system along the Rio Grande Bosque this 4-plex is a great investment at $143,750/unit. ABQ apartments still show appreciation while offering rent growth potential from entities such as Amazon, Facebook and Netflix Whether you're seeking a steady income stream or a versatile rental investment this fourplex combines location, updates, and strong rental history in one compelling package.

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Property Details

General

  • Subdivision: Downtown Zoo ACC
  • County: Bernalillo
  • Acreage: 0.16
  • Beds: 4
  • Year Built: 1941
  • Sq. Ft.: 4,284
  • Lot Dimensions: Public Records

Interior Features

  • Interior Features: Ceiling Fan(s)

Financial Considerations

  • Tax Amount: $11,039

Activity

  • Days On Market: 40
  • List Date: 08/17/2026
 

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