USANMAlbuquerqueRaynolds Addition1303-1305 Iron Avenue Sw
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$275,000

For Sale

10 hours ago

1303-1305 Iron Avenue Sw, Albuquerque, NM

House

MLS® 1109233

1 Bed

1 Bath

1128 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1128 sqft
Garage 
Taxes $2,649
Days Active 0
Lot Size 0.16 Acres
Approx. Age 1920
Avg. Price Per Sqft $243
MLS® Number 1109233

Property Address: 1303-1305 Iron Avenue Sw, Albuquerque, NM, 87102

Average square foot calculated using Size range provided by listing agent.

Description

Located just minutes from Downtown Albuquerque and Old Town, the property is within walking distance of Rio Grande Pool, Rio Grande Park, the ABQ BioPark Zoo and nearby neighborhood amenities. It also offers convenient bicycle access to Downtown, Old Town Plaza and the extensive trail system along the Bosque and Rio Grande.Offered at $275, 000, or $137, 500 per unit, the property provides an attractive entry point into Albuquerque's multifamily investment market. Current underwriting reflects a 6.19% cap rate, with projected rent growth providing additional upside.The property features two one bedroom/one bathroom units. The extra lot contains 0.1618 acres with alley access and space for additionalbuilding(s).Do not wait, apartments continue to show strong appreciation coupledwith high rent growth potential from all of the new Amazon, Facebook, Intel, and Netflix jobs entering the market.
MLS® Number1109233
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
Driveway
Garage Spaces
HeatWall Furnace
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 15, 2026List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
1303-1305 Iron Avenue Sw, Albuquerque, NM

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