$365,000

1011 Edith Blvd NE B-D, Albuquerque, NM 87102

2 beds |
1 bath |
2,319 sqft

Multi-Family Home
Built in 1930
6,970sqft lot
—— car garage
$157/sqft
Listed 1 month ago

Property Description

Income-producing 3 unit compound across two separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. All units stabilized and rented at market rates, Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Very competitive Investment metrics strengthen the story and give this property immediate value: CAP rate 5.93%, GRM 9.52, IRR 13.09%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.

Listing Status:: Active
Date Added:: December 29, 2025
Data Last Updated:: February 14, 2026 at 1:19PM
Listing Office:: Weichert, Realtors Image : (505) 365-6721
Listing Agent:: Peter A Cochran : (505) 314-6181
MLS ID:: 1096047

General: Ceiling Fan(s)
Appliances: Free-Standing Gas RangeRefrigerator
Laundry: Washer HookupDryer HookupElectricDryer Hookup
Basement: Unfinished
Flooring: CarpetLaminateVinylWood
A/C: DuctlessEvaporative CoolingCeiling Fan(s)
Heating: CentralDuctlessForced AirWall Furnace
Disability Feature: None
Eco/Green Feature: None

General: BlockFrameStucco1

Originating MLS: SWMLS_SWMLS
County: Bernalillo

Zoning: 101405850719943310

Utilities: Electricity ConnectedNatural Gas ConnectedSewer AvailableWater Connected

Source: SWMLS_SWMLS

This listing courtesy of Peter A Cochran , Weichert, Realtors Image

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Longfellow Dual Language Magnet Elementary School

400 Edith Blvd NE, Albuquerque, NM, 87102

Grades KG-5

0.48 miles away

Washington Middle School

1101 Park Ave SW, Albuquerque, NM, 87102

Grades 6-8

1.30 miles away

Early College Academy

807 Mountain Rd NE, Albuquerque, NM, 87102

Grades 9-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.