1709 Walter Street SE, Albuquerque, NM 87102

• 2 beds |
• 2 baths |
• 1,219 sqft

Property Description

Investment opportunity with built-in income and exciting future flexibility. This updated two-unit property offers options to maintain as a fully occupied rental, potentially occupy one unit while renting the other as leases permit, or explore a future multigenerational living arrangement. The front studio is leased at $775 through 11/30/26, and the rear 2BR/1BA is rented month-to-month at $1,320, producing current gross income of $2,095/month. Recent improvements completed from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Gas and electric are separately metered and tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential additional tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD in docs, rent roll available. Buyers should independently confirm square footage, zoning and permitted use, financing eligibility, lease terms, parking configuration, and whether the property suits their intended use.

Listing Status:

Active

Date Added:

August 7, 2026

Data Last Updated:

August 21, 2026 at 12:19PM

Listing Office:

Realty One Group Concierge : (505) 318-1111

Listing Agent:

Angela S. Price : (505) 453-4946

MLS ID:

1108825

Interior

• General: Main Level PrimaryTub Shower
• Appliances: Free-Standing Gas RangeRefrigeratorRange Hood
• Laundry: Electric Dryer Hookup
• Flooring: Carpet FreeTileVinyl
• A/C: DuctlessRefrigerated
• Heating: DuctlessElectricHeat Pump
• Fireplace: Fireplaces: 0
• Eco/Green Feature: None

Exterior

• General: NoneResidence
• Style: Ranch
• Other Structures: NoneResidence

Construction

• Roofing: MetalPitchedShingle
• Windows: Single Pane
• General: Stucco1Permanent

Location

• Road/Access: City Street
• Originating MLS: SWMLS_SWMLS
• County: Bernalillo

Lot

• Zoning: LOT C & SOUTH 35.31'FT OF LOT D PLAT OF SIMPSON & LEVERETT'S SUBD OF LTS 1 & 2 BLK 53 & NL PORTION OF LT 3 BLK 3 EASTERN101405644828610509
• Fencing: Full

Utilities

• Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: SWMLS_SWMLS