$1,500,000

615 Iron Avenue SW, Albuquerque, NM 87102

  • 12 beds |
  • 12 baths |
  • 6,574 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2023
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $228/sqft
  • Property List Date Icon Listed 4 years ago

Property Description

Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail. 5 of 6 units are now cash flowing AirBnB units - See APOD

Listing Status:
Active
Date Added:
May 5, 2026
Data Last Updated:
May 20, 2026 at 3:20AM
Listing Office:
Berkshire Hathaway NM Prop : (505) 798-6300
Listing Agent:
Thomas Gallegos : (505) 261-8687
MLS ID:
1102929
  • Appliances: Built-In Gas Range
  • Flooring: CarpetConcreteTile
  • A/C: DuctlessRefrigerated
  • Heating: CentralElectricForced Air
  • Eco/Green Feature: None
  • General: FrameStucco3
  • Originating MLS: SWMLS_SWMLS
  • County: Bernalillo
  • Zoning: 101405705927520204
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedUnderground UtilitiesWater ConnectedNone
  • Source: SWMLS_SWMLS

This listing courtesy of Thomas Gallegos , Berkshire Hathaway NM Prop

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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