$575,000

$192/sqftactive

1216 Coal Avenue SW, Albuquerque, NM 87102

0 days on market

Beds

Baths

Sqft

3,000

Lot

7,013 sqft

Built

1941

Type

multi family

About This Property

CHECK THIS OUT- FOURPLEX a great Downtown Investment Opportunity! The property features four one bedroom - one bath units with small private patios. Rents are currently below market with 3 longtime tenants on mo to mo leases. MANY CAPITAL IMPROVEMENTS - see documents for list. Units are in average cosmetic condition. This property offers exceptional convenience and appeal to tenants...just blocks from downtown cafes & restaurants, the bustling farmers market, the historic charm of Old Town,.Downtown , Tingley Beach, Rio Grande Pool & Park, Zoo and ACC. Offering bike access to the extensive trail system along the Rio Grande Bosque this 4-plex is a great investment at $143,750/unit. ABQ apartments still show appreciation while offering rent growth potential from entities such as Amazon, Facebook and Netflix Whether you're seeking a steady income stream or a versatile rental investment this fourplex combines location, updates, and strong rental history in one compelling package.

Features & Amenities

Ceiling Fans

Patio

Free Standing Gas Range

Refrigerator

Range Hood

Wood Flooring

4 Parking Spaces

Subdivision: Downtown Zoo ACC

Property Details

MLS #	1109687
Property Type	multi family
Year Built	1941
Heating	ForcedAir
Cooling	Refrigerated,CeilingFans
Lot Size	7,013 sqft
Property Tax (est.)	$11,039/yr ($920/mo)
Price / Sqft	$192
Status	Active
Days on Market	0

About Downtown / EDo → Full Guide

Price vs. Neighborhood

This home

$575,000

Downtown / EDo median

$335,000

72% above the Downtown / EDo median. Homes here sell in an average of 40 days.

Commute Times

Unm

8 min

Downtown

0 min

Abq Studios

18 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

5 min

Intel Rio Rancho

30 min

Nearby Schools

Albuquerque High School

9-12 · APS

5/10

Longfellow Elementary

K-5 · APS

4/10

Washington Middle School

6-8 · APS

4/10

Neighborhood Guide

Explore Downtown / EDo

Urban & Revitalizing

Listing courtesy of RE/MAX SELECT. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.