$750,000
$158/sqftactive502 Headingly Avenue NW, Albuquerque, NM 87107
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
Property Details
| MLS # | 1108818 |
| Property Type | multi family |
| Year Built | 1951 |
| Heating | Central,Other,WallFurnace |
| Cooling | EvaporativeCooling,CeilingFans |
| Lot Size | 20,038 sqft |
| Property Tax (est.) | $6,896/yr ($575/mo) |
| Price / Sqft | $158 |
| Status | Active |
| Days on Market | 0 |
About North Valley → Full Guide
Price vs. Neighborhood
This home
North Valley median
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
Madison Middle School
6-8 · APS
Valley High School
9-12 · APS
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.

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