426 Towner Avenue NW, Albuquerque, NM 87102

• 6 beds |
• 6 baths |
• 3,191 sqft

Property 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.

Listing Status:

Active

Date Added:

December 11, 2025

Data Last Updated:

May 20, 2026 at 7:17AM

Listing Office:

Weichert, Realtors Image : (505) 365-6721

Listing Agent:

Peter A Cochran : (505) 314-6181

MLS ID:

1095527

Interior

• Appliances: Free-Standing Gas RangeRange Hood
• Laundry: Washer HookupDryer HookupElectricDryer Hookup
• Flooring: CarpetTileVinyl
• A/C: Window Unit(s)
• Heating: Wall Furnace
• Disability Feature: None
• Eco/Green Feature: None

Exterior

• Parking: Parking spaces: 6

Construction

• General: BlockFrame1

Location

• Originating MLS: SWMLS_SWMLS
• County: Bernalillo

Lot

• Zoning: 101405927228422138

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Financial

• Source: SWMLS_SWMLS