Albuquerque NM Homes for Rent
$5,317,173
419 Monroe Street Albuquerque, NM 87108
- Type:
- Multi-Family
- Sq.Ft.:
- 33,000
- Status:
- Active
- Beds:
- 1
- Lot size:
- 1.23 Acres
- Year built:
- 1960
- Baths:
- 1.00
- MLS#:
- 1092700
- Subdivision:
- Heights Reservoir addition
View additional info
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
505-440-8633
ADDITIONAL INFORMATION
CORE AssetMeasures of investment performance at the ask price of $5,317,173 and current average rents of $878 a month are a GRM of 8.06, a 6.19% cap rate, $106,343 per unit, $163/sf, and an after tax internal rate of return is 17.0%And Value AddThe property is currently 20.3% below market rents and that does not take into account the double digit annual rent growth the market is enjoying. If the rents are raised to the market of $1,100, the metrics of investment performance improve to a cap rate of 8.82% and a cash on cash of 12.17%.This community is located facing Zia park and Zia Elementary school and within walking distance of the Nob Hills 80+ restaurants. The property is also within biking distance of the University of NM and sits between two major transit corridors
$3,015,000
3601 Wellesley Drive Albuquerque, NM 87107
- Type:
- Multi-Family
- Sq.Ft.:
- 17,682
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.78 Acres
- Year built:
- 1981
- Baths:
- 1.00
- MLS#:
- 1092688
- Subdivision:
- Indian Mesa
View additional info
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
505-440-8633
ADDITIONAL INFORMATION
Located at 3601, 3605 & 3611 Wellesley NE, as well as 3611 Tyson NE. The portfolio is easily managed from one central location that includes laundry room for the residents use. The property portfolio contains two studio units, thirteen one bedroom units and ten two bedroom units.The portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price $3,015,000 and of based on the current average rents of $1,157 per month, the property's measures of investment performance include a 8.68 GRM, 7.26% cap rate before reserves, before tax IRR of 16.1% and an after-tax IRR of 12.9%. If rents were raised to market average of $1,324, and even with a potential 3fold increase in property taxes, cap could be 7.74%
- Type:
- Mixed Use
- Sq.Ft.:
- 7,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.35 Acres
- Baths:
- MLS#:
- 1092629
View additional info
Courtesy: Coldwell Banker Legacy
505-828-1000
ADDITIONAL INFORMATION
Large multiuse MX-M building very open and currently configured as 10 station beauty salon plus spa with 9 private rooms currently. 2nd floor vacant and could have many additional uses. About 15-17 on site parking spaces. Short term seller financing considered. Some exchanges may be considered, also.DO NOT DISTURB TENANTS.
- Type:
- Single Family-Detached
- Sq.Ft.:
- 2,627
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.1 Acres
- Year built:
- 2005
- Baths:
- 3.00
- MLS#:
- 1092681
View additional info
Courtesy: Realty One of New Mexico
505-883-9400
505-710-0791
ADDITIONAL INFORMATION
Discover this inviting 4-bedroom home with an open-concept kitchen featuring stainless steel appliances, a large island, and a walk-in pantry. The spacious master suite includes a walk-in closet and a bath with a garden tub and separate shower. Enjoy stunning Sandia Mountain views from the covered balcony. This home offers refrigerated air, easy-care landscaping, and a transferable leased solar system--comfort and efficiency in one beautiful package.
- Type:
- Single Family-Detached
- Sq.Ft.:
- 3,057
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.23 Acres
- Year built:
- 2006
- Baths:
- 4.00
- MLS#:
- 1092680
View additional info
Courtesy: Kiko & Associates Real Estate
505-261-4985
505-261-4985
ADDITIONAL INFORMATION
Come see this amazing Stillbrooke home in the highly sought after Watershed Subdivision. This property showcases an open floor plan with tasteful finishes and attention to detail. Chef kitchen boasts granite counter tops, center island and stainless steel appliances. Stay warm in front of the custom stacked stone gas fire place! Features two Master Suites!! The beautifully landscaped back yard and custom covered patio provide the perfect stage for entertaining and family fun. Refrigerated Air! Side yard access! Close proximity to schools, parks and amenitiesThe POOL and SPA loan to be assumed by Buyer 39K owed, $495 monthly payment
- Type:
- Single Family-Detached
- Sq.Ft.:
- 1,757
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.2 Acres
- Year built:
- 1976
- Baths:
- 2.00
- MLS#:
- 1092676
View additional info
Courtesy: Realty One of New Mexico
505-883-9400
505-250-0055
ADDITIONAL INFORMATION
Charming, Updated One-Story in a Prime Location!Move-in ready home with new stucco, remodeled kitchen and bathrooms, and many updates throughout. Features two living areas, an open family room with fireplace, and a formal dining room. Enjoy a covered patio, spacious backyard with storage shed and backyard access. Includes a two-car garage, RV pad, and ample driveway space. All appliances convey.Don't miss this one!
- Type:
- Single Family-Detached
- Sq.Ft.:
- 2,386
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.22 Acres
- Year built:
- 2016
- Baths:
- 3.00
- MLS#:
- 1092664
View additional info
Courtesy: Realty One of New Mexico
505-883-9400
505-331-8875
ADDITIONAL INFORMATION
North Valley Gem! Tucked in a gated 3-home cul-de-sac, this 4-bed, 3-bath custom home offers serene living. Built in 2016, it features high ceilings, a chef's kitchen with island, gas range, and plenty of skylights. Enjoy a spacious great room with picture windows, a cozy gas log fireplace, and a private primary suite with courtyard access. Beautifully landscaped yard, covered patio, and 2-car garage. Located near the Rio Grande Valley in a peaceful setting surrounded by greenery.
- Type:
- Other
- Sq.Ft.:
- 3,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Baths:
- MLS#:
- 1092652
View additional info
Courtesy: Realty One of New Mexico
505-883-9400
505-449-7003
ADDITIONAL INFORMATION
Welcome to one of the closest corner lots you can get to the Rail yards! This 3300sqft+/- shop has rich history of serving the Albuquerque Metro for many many years. Now its time for someone to start its new chapter! Perhaps an updated auto shop concept? Redevelopment opportunity? The sky is the limit with the right imagination... Come see this one today!
$3,965,358
1200 Ortiz Drive Albuquerque, NM 87108
- Type:
- Multi-Family
- Sq.Ft.:
- 25,632
- Status:
- Active
- Beds:
- 1
- Lot size:
- 0.31 Acres
- Year built:
- 1964
- Baths:
- 1.00
- MLS#:
- 1092641
- Subdivision:
- Virginia Place Addition
View additional info
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
505-440-8633
ADDITIONAL INFORMATION
Measures of investment performance at ask price of $3,965,358 and current average rent of $745 are a GRM of 10.08, a 6.65% cap rate, cash on cash of 6.42%, $90,122 per unit, and $154/sf. If rents were raised to market rents of $1,002, measures of investment performance increase to a GRM of 7.50, and a 8.65% cap rate.Please note the numerous property upgrades listed in the flyer and pay special attention to all of the new development in the area, including the recently opened City of Albuquerque Community Services Headquarter directly west of the property.Most of the apartments have been updated with contemporary finishes & luxury vinyl plank flooring throughout. Secured access / courtyard entry to all buildings and apartments with 47 off street parking spaces (2 carport) ...
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.11 Acres
- Baths:
- MLS#:
- 1092633
- Subdivision:
- Volcano Cliffs
View additional info
Courtesy: Granfors Realty,LLC
505-821-1309
505-821-1309
ADDITIONAL INFORMATION
Attention developers, builders, investors, large lot seekers! Exciting opportunity in growing Volcano Cliffs Subdivision. Subdividable approximately 2.11 acre site Zoned R-ML, 5 new houses across the street, municipal water and sewer in the street, other utilities nearby serving the new homes. Level land, mountain views, easy access to Paseo del Norte NW, in Volcano Vista High School district. R-ML allows a variety of projects from Single Family Residential (homes, townhomes, duplex, multi-family) to Assisted Living. Development in this area is underway, time for you to jump in with your project too!
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Baths:
- MLS#:
- 1092644
- Subdivision:
- Volcano Cliffs
View additional info
Courtesy: Metro Residential Realty, Inc.
505-263-7063
505-977-8985
ADDITIONAL INFORMATION
Large Corner Lot w/ 2 Story Height Allowed in Desirable Volcano Cliffs!Build your dream home on this spacious corner lot, ideally located in the beautiful Volcano Cliffs community. Two-Story possible to have mountain views! All utilities are already at the property line -- including water, sewer, gas, and electric -- making it truly ready for your custom build.Enjoy the convenience of nearby shopping, dining, and entertainment, all just minutes away. Whether you're planning your forever home or an investment project, this prime location offers endless possibilities.Don't miss out -- come see it today!
- Type:
- Single Family-Detached
- Sq.Ft.:
- 1,420
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.1 Acres
- Year built:
- 2025
- Baths:
- 2.00
- MLS#:
- 1092630
View additional info
Courtesy: D.R. Horton, Inc.
505-463-3565
505-559-0155
ADDITIONAL INFORMATION
Builder offers 1.99% FIRST YEAR RATE, 2.99% 2ND YEAR, 3.99% YEARS 3-30 & $5,000 toward closing costs (Offer could expire/change or go away at any given time without notice)Come see our beautiful Sophia floor plan that backs up to a beautiful park view, brand new beautifully landscaped gated community with forever views! You will enjoy the walking trails, gathering areas and community gardens. This home features a beautiful kitchen with granite stone countertops, dark cabinets and a light grey tile through the dining area that leads to a large covered patio and walled back yard. Large 5ft walk in shower in primary bedroom and double sinks make mornings easier! DR HORTON homes are built to energy efficient codes and offer best warranty for new homes!
- Type:
- Single Family-Detached
- Sq.Ft.:
- 1,602
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.1 Acres
- Year built:
- 2025
- Baths:
- 2.00
- MLS#:
- 1092627
View additional info
Courtesy: D.R. Horton, Inc.
505-463-3565
505-559-0155
ADDITIONAL INFORMATION
Builder offers FIXED 4.99% FHA/VA RATE & $5,000 toward closing costs (Offer could expire/change or go away at any given time without notice)''The Sawyer'' by DR Horton. Stunning 4 bedroom, 2 bath and 2 car garage. Open great room and dining area invite's easy entertaining. Elegant kitchen with granite counter tops, kitchen island, Whirlpool appliances and spacious pantry. Ceramic tile floors in kitchen, dining and all wet areas. Primary bath with raised double vanity, ceramic tiled walk in shower and large walk in closet. Pitched roofs. Smart home with Amazon Alexa connect. Refrigerated air & low- e windows!
- Type:
- Single Family-Detached
- Sq.Ft.:
- 1,340
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.15 Acres
- Year built:
- 1971
- Baths:
- 2.00
- MLS#:
- 1092614
View additional info
Courtesy: EXP Realty LLC
505-554-3873
505-550-8331
ADDITIONAL INFORMATION
Welcome to this charming South Valley home filled with warmth, character, and classic Albuquerque appeal! This inviting residence offers 3 bedrooms plus a possible 4th bedroom--perfect for a home office, guest space, or hobby room--and 1 3/4 bathrooms. Nestled in the heart of the South Valley, you'll love the authentic charm and personality throughout, from the unique details to the cozy layout that makes you feel right at home. The large backyard provides plenty of space for entertaining, gardening, or relaxing under the New Mexico sky, while the gated front yard adds extra privacy and curb appeal. Don't miss this opportunity to own a piece of South Valley tradition with plenty of room to make it your own!
- Type:
- Single Family-Detached
- Sq.Ft.:
- 1,604
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.12 Acres
- Year built:
- 2004
- Baths:
- 2.00
- MLS#:
- 1092588
View additional info
Courtesy: Realty One of New Mexico
505-710-3675
505-974-9160
ADDITIONAL INFORMATION
Welcome home! Charming 3-bed with possible fourth, 2-bath home. Featuring an open, light-filled living space and a well-equipped kitchen, this home offers both comfort and style. The spacious master suite includes an en-suite bath and large closet. Enjoy a private backyard perfect for relaxing or entertaining. Conveniently located near schools, parks, and shopping. A wonderful opportunity for a warm, inviting place to call home. Schedule your showing today! We also love working with Buyer Brokers!!! Bring your favorite realtor by today!
$1,200,000
5108 WILD PLUM Way NW Albuquerque, NM 87120
- Type:
- Single Family-Detached
- Sq.Ft.:
- 5,235
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.19 Acres
- Year built:
- 2005
- Baths:
- 5.00
- MLS#:
- 1092570
View additional info
Courtesy: Sotheby's International Realty
505-988-2533
505-263-2903
ADDITIONAL INFORMATION
Experience luxury living at its finest in this 5,235 sq. ft. custom masterpiece perfectly situated on a cul-de-sac within an exclusive gated community. This exceptional home features 4 spacious bedrooms, 3 full baths, 2 half baths, an elegant office with its own fireplace, a private movie theater room, and a versatile game room/loft--offering the ultimate in comfort and entertainment.Impeccable craftsmanship is showcased throughout with travertine tile flooring, viga beam ceilings, intricate tile accents, and artful lighted niches. The gourmet kitchen is a chef's dream, boasting granite counters, Wolf and Sub-Zero appliances, a pot filler, warming drawer, and dual dishwashers--perfectly designed for both everyday living and lavish entertaining.
- Type:
- Single Family-Detached
- Sq.Ft.:
- 4,224
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.94 Acres
- Year built:
- 2001
- Baths:
- 3.00
- MLS#:
- 1092580
View additional info
Courtesy: Elevate New Mexico Realty
505-239-2610
505-270-2662
ADDITIONAL INFORMATION
Nestled in the foothills of the Sandia Mountains within the coveted High Desert community, this custom Pueblo-style residence delivers elevated Southwest luxury across 4,224 square feet. Authentic craftsmanship meets modern design with hand-troweled plaster walls, exposed vigas, soaring ceilings, and an expansive open layout built for refined living and entertaining. Panoramic views of Sandia peaks, city lights, and desert horizons are showcased from covered patios--perfect for sunsets, Balloon Fiesta, and fireworks. Direct BLM trail access enhances the private, natural setting. The home offers four bedrooms, two living areas, a private office, and a dedicated gym. Outdoor amenities include a saltwater pool with lap lane and diving depth, spa, outdoor kitchen, five-car garage, owned solar.
- Type:
- Single Family
- Sq.Ft.:
- 2,086
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.11 Acres
- Year built:
- 1972
- Baths:
- 3.00
- MLS#:
- 1092551
View additional info
Courtesy: Keller Williams Realty
505-897-1100
802-379-3915
ADDITIONAL INFORMATION
Beautifully updated Northeast Heights home featuring lofted ceilings, a complete 2022 remodel, and a brand-new water heater (2025). Enjoy a freshly xeriscaped front yard with no HOA and unbeatable accessibility to North Towne Plaza for shopping, dining, and entertainment. Modern finishes, open-concept living, and a bright, airy interior make this home truly move-in ready. Prime location, stylish updates, and low-maintenance living, this one has it all!The home used to be a full 3 bedrooms, the flex space adjacent to the living room can be converted back to a bedroom if desired!
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.65 Acres
- Baths:
- MLS#:
- 1092528
- Subdivision:
- Fairgrounds Addition
View additional info
Courtesy: Coldwell Banker Legacy
505-292-8900
505-400-2804
ADDITIONAL INFORMATION
** Priced to sell! Development site with 24-unit apartment plans. Conceptual plans have already been approved by the City of Albuquerque's Development Review Board and the Fire Marshal's Office. Owner financing is available--20 % down, 3-5-year term, plus additional options. Build-to-suit services (custom design and construction available at cost) can also be arranged.
- Type:
- Other
- Sq.Ft.:
- 3,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Baths:
- MLS#:
- 1092523
View additional info
Courtesy: Limitless Realty, LLC
505-933-8888
505-321-6796
ADDITIONAL INFORMATION
Establish your business in a high-traffic, high-visibility location in a great location in the Northeast Heights! This impressive freestanding commercial property, located on a prime corner lot on Lomas spans 3,500 square feet. The solid brick building is situated directly across from the Fairgrounds with exceptional monument signage and a ''gajillion'' vehicles per day, seriously, over 25,000 passing by daily. The building features a flexible layout with multiple offices and workstations, expansive storage and warehouse, two restrooms and a large, fenced outdoor area. With mixed-use zoning, it allows on-site living, offering security of your property from the comfort of your home. It has a newer roof, front awning, updated storefront windows and parking up to 10 spaces.
$1,800,000
3404 CHEROKEE Road Albuquerque, NM 87107
- Type:
- Multi-Family
- Sq.Ft.:
- 12,885
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.47 Acres
- Year built:
- 1978
- Baths:
- 1.00
- MLS#:
- 1092515
View additional info
Courtesy: Trinity Apartment Company LLC
505-622-3240
505-269-1824
ADDITIONAL INFORMATION
Rare Investment Opportunity in the Heart of NE Heights! A well-maintained multifamily property located in one of Albuquerque's most desirable neighborhoods. Surrounded by parks, top-rated schools, and established amenities, this property offers both convenience and long-term rental appeal. The community consists of all two-story 2BD/1BA units, each designed with functionality in mind. Every unit features in-unit washer/dryer hookups and private balconies, enhancing tenant comfort and marketability. Several units have been moderately updated, with improvements including newer swamp coolers in most, refreshed interiors, newer roofs, and modern touches that reduce future maintenance needs while boosting tenant satisfaction.
- Type:
- Single Family-Detached
- Sq.Ft.:
- 6,361
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.89 Acres
- Year built:
- 2013
- Baths:
- 5.00
- MLS#:
- 1092504
View additional info
Courtesy: The Maez Group
505-718-4980
505-515-1719
ADDITIONAL INFORMATION
Designed to impress, this elegant estate by Renaissance Custom Homes is a private sanctuary made for luxurious living and effortless entertaining. Step inside and feel the rich architectural details. Stunning living area with chiseled travertine floors, wood beamed ceiling, gas fireplace with stacked stone surround & built-ins that add both warmth & character. Impressive kitchen showcasing handcrafted cabinetry, rich granite, commercial-grade appliances, culinary island lit by a skylit architectural alcove. Media room is an entertainers dream with an onyx bar, fireplace and a wall of retractable doors combining the outside space. Resort style courtyard sits at the core of the home with a sparkling pool, pizza oven, outdoor kitchen, rooftop deck and basketball court!
- Type:
- Single Family-Detached
- Sq.Ft.:
- 2,607
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.11 Acres
- Year built:
- 2015
- Baths:
- 3.00
- MLS#:
- 1092488
View additional info
Courtesy: Keller Williams Realty
505-897-1100
505-410-8568
ADDITIONAL INFORMATION
END OF A CUL-DE-SAC WITH BEAUTIFUL VIEWS, THIS TWO-STORY HOME OFFERS SPACE, STYLE, AND COMFORT. With 5 bedrooms, 2.5 baths, and bonus loft, there's room for everyone to spread out. Enjoy high ceilings, 2 living areas--one up and one down--and an open floor plan that flows into a spacious kitchen with bar seating and pantry. Retreat to the large primary suite with double sinks, garden tub, shower, and walk-in closet. Upstairs laundry adds convenience. Step outside to a walled backyard with covered and open patios, perfect for gatherings. With no HOA and undeniable curb appeal, this home has it all. Schedule your showing today!
- Type:
- Condo
- Sq.Ft.:
- 960
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.28 Acres
- Year built:
- 1950
- Baths:
- 1.00
- MLS#:
- 1092491
View additional info
Courtesy: Realty One Group Concierge
505-318-1111
505-350-3977
ADDITIONAL INFORMATION
Don't Miss the opportunity to live close to UNM and DOWNTOWN !!! Beautiful condo by the OLD TOWN and ABQ Country club! This property has gorgeous old school charm. A wood accent wall in the living room, with a wood beam accent separating the living room and dining room. Hard wood floors throughout the entire condo. Generously sized master bedroom and secondary bedroom. Two step-in closets in the Primary bedroom. Stackable W/D in the kitchen. This unit boasts lots of light throughout for plenty of natural lighting! Storage space closet attached to the carport space. HOA covers sewage, water, trash, outdoor maintenance, landscaping, and winterizing/summarizing the swamp cooler. Property management company oversees the HOA. Stucco newly repainted and newer roof 2024. Make an appointment tod
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.16 Acres
- Year built:
- 1979
- Baths:
- 1.00
- MLS#:
- 1092482
View additional info
Courtesy: The Villarealty Group
505-480-6738
505-480-6738
ADDITIONAL INFORMATION
Great investment opportunity! Roof replaced 2020, 2 units upgraded 2022 with vinyl plank flooring and new bathroom amenities. Property is fully fenced and gated, including 2 parking spaces per unit. Now fully rented! Each of the 4 units are 2 bed, 1 bath, and separately metered.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service Inc., a wholly owned subsidiary of the Greater Albuquerque Association of REALTORS®, Inc. IDX information is provided exclusively 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. Copyright 2026 Southwest Multiple Listing Service, Inc.
Albuquerque Real Estate
The median home value in Albuquerque, NM is $437,000. This is higher than the county median home value of $297,600. The national median home value is $338,100. The average price of homes sold in Albuquerque, NM is $437,000. Approximately 56.14% of Albuquerque homes are owned, compared to 37.24% rented, while 6.62% are vacant. Albuquerque real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albuquerque real estate agent to arrange a tour today!
Albuquerque, New Mexico has a population of 562,336. Albuquerque is less family-centric than the surrounding county with 25.25% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Albuquerque, New Mexico is $56,366. The median household income for the surrounding county is $56,920 compared to the national median of $69,021. The median age of people living in Albuquerque is 37.5 years.
Albuquerque Weather
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 11.1 inches per year, with 10.6 inches of snow per year.