USANMAlbuquerqueTowner Add426 Towner Ave Nw
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426 Towner Ave Nw, Albuquerque, NM

Real Estate

For Sale

Listed price in listed location currency (USD).
$565,000

116

MLS® 1095527

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3191 sqft
Garage No
Taxes $2,181
Days Active 2
Lot Size 0.24 acres
Approx. Age 1946
Avg. Price Per Sqft $177
MLS® Number 1095527

Property Address: 426 Towner Ave Nw, Albuquerque, NM, 87102-1023

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

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 price for $34, 214 NOI--ideal for investors seeking reliable cash flow with low day-to-day involvement.
MLS® Number1095527
Laundry LevelWasher Hookup, Dryer Hookup, Electric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.24
Exterior
GarageNo
Approx. Age1946
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 11, 2025List Date
$565,000List Price
  • Commute

Commute

Starting Address
Destination Address
426 Towner Ave Nw, Albuquerque, NM

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