$365,000

$119/sqftactive

126 Altez Street SE, Albuquerque, NM 87123

1 days on market

Beds

Baths

Sqft

3,072

Lot

8,102 sqft

Built

1977

Type

multi family

About This Property

This four-unit apartment building offers a strong investment opportunity with a current 9.39% cap rate at full asking price. The property features four residential 2 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. A new roof was installed August of 2023 Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow.

Features & Amenities

Refrigerator

Vinyl Flooring

Subdivision: Buena Ventura

Property Details

MLS #	1107596
Property Type	multi family
Year Built	1977
Heating	Central
Cooling	EvaporativeCooling
Lot Size	8,102 sqft
Property Tax (est.)	$1,492/yr ($124/mo)
Price / Sqft	$119
Status	Active
Days on Market	1

About Four Hills → Full Guide

Price vs. Neighborhood

This home

$365,000

Four Hills median

$398,000

8% below the Four Hills median. Homes here sell in an average of 44 days.

Nearby Schools

Albuquerque Academy

6-12 · Private

10/10

Tomasita Elementary

K-5 · APS

6/10

Jackson Middle School

6-8 · APS

5/10

Manzano High School

9-12 · APS

5/10

Neighborhood Guide

Explore Four Hills

Established & Convenient

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