615 Iron Avenue Sw, Albuquerque, NM 87102

$1,600,000
  • 615 Iron Avenue Sw, Albuquerque, NM 87102 Main Photo

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Active
BEDS2 BATHS SQUARE FEET6,148 MLS#1003217
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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

615 Iron Avenue Sw | MLS# 1003217

This multi-family property located at 615 Iron Avenue Sw, Albuquerque, NM 87102 is currently listed for sale with an asking price of $1,600,000. Search Albuquerque real estate on sknowles.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Refrigerated
Heating: Central, Electric, Forced Air
Lot Size: 0.16 Acres
Stories: 3.0
Taxes: $587

Feature Descriptions

Appliances: Built-In Gas Range
Community Features: Deck/Porch
Days on Site: 1200
Exterior: Frame, Stucco
Flooring: Carpet, Concrete, Tile
Parcel#: 101405705927520204
Units: 6
Utilities: Natural Gas Connected

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway NM Prop
Agency Phone: (505) 798-6300

Shown By

Agent Name: Sharon Knowles
Agent Phone: (505) 280-7999
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 4,076.49 per month $3,560.91 Principal & Interest $48.92 Property Tax $466.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/13/2026. The listing information on this page last changed on 03/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/13/2026 3:23:42 PM EST) or SWMLS (last updated Fri 03/13/2026 2:56:02 PM EST) or Santa Fe MLS (last updated Fri 03/13/2026 3:14:13 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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