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$750,000

$158/sqftactive

502 Headingly Avenue NW, Albuquerque, NM 87107

0 days on market

8 views

Beds

12

Baths

8

Sqft

4,747

Lot

20,038 sqft

Built

1951

Type

multi family

About This Property

FOUR-ADDRESS 7-UNIT INCOME COMPOUND ON ONE LOT! Rare commercial multi-family investment portfolio opportunity featuring four distinct physical addresses 502 Headingly Ave NW, 504 Headingly Ave NW, 506 Headingly Ave NW, and 3921 5th St NW. all legally situated on one single, low-maintenance parcel. Streamlined portfolio management with massive high-density cash flow.Current Unit Breakdown (5 Turn-Key Units):Two separate duplexes: Each featuring 2-bedroom, 1-bathroom layouts.One detached home: Featuring a 2-bedroom, 1-bathroom layout.Two detached cottages: Each featuring cozy 1-bedroom, 1-bathroom layouts.Massive Value-Add Potential (6th & 7th Units):The property features an additional standalone structure primed for immediate equity growth. The framework, electrical wiring, and plumbing rough-ins are completely in place--finish it out to instantly add a 6th rent-generating unit! Additionally, there is potential to optimize/add a 7th unit on-site. Property is priced and valued based on its current operational footprint, giving the next owner massive built-in upside.Important Disclosures: Sold strictly AS-IS, WHERE-IS. Please submit all offers subject to interior inspection out of respect for current occupants. Buyer is strictly responsible for independently verifying all unit square footages, exact utility configurations/metering, local zoning codes, certificate of occupancy status, and permitting/completion requirements for the unfinished spaces prior to the expiration of contingencies. Call today for a complete APOD sheet, rent roll, and to schedule your private tour!

Features & Amenities

Ceiling Fans
Free Standing Electric Range
Free Standing Gas Range
Refrigerator
Vinyl Flooring
Subdivision: Monkbridge

Property Details

MLS #1108818
Property Typemulti family
Year Built1951
HeatingCentral,Other,WallFurnace
CoolingEvaporativeCooling,CeilingFans
Lot Size20,038 sqft
Property Tax (est.)$6,896/yr ($575/mo)
Price / Sqft$158
StatusActive
Days on Market0

About North Valley → Full Guide

Price vs. Neighborhood

This home

$750,000

North Valley median

$520,000

44% above the North Valley median. Homes here sell in an average of 42 days.

Commute Times

Unm

15 min

Downtown

10 min

Abq Studios

25 min

Sandia Labs

25 min

Kirtland Afb

25 min

Presbyterian

15 min

Intel Rio Rancho

20 min

Nearby Schools

Griegos Elementary

K-5 · APS

5/10

Madison Middle School

6-8 · APS

4/10

Valley High School

9-12 · APS

4/10

Neighborhood Guide

Explore North Valley

Rural & Spacious

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

Katey Taylor

Katey Taylor

Lead Agent & Team Founder

(505) 974-9701

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Quick Facts

Est. Tax$575/mo
HeatingCentral
CoolingEvaporativeCooling

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