$1,500,000
$228/sqftactive615 Iron Avenue SW, Albuquerque, NM 87102
Beds
12
Baths
12
Sqft
6,574
Lot
7,100 sqft
Built
2023
Type
multi family
About This Property
Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail. 5 of 6 units are now cash flowing AirBnB units - See APOD
Features & Amenities
Property Details
| MLS # | 1102929 |
| Property Type | multi family |
| Year Built | 2023 |
| Heating | Central,Electric,ForcedAir |
| Cooling | Ductless,Refrigerated |
| Lot Size | 7,100 sqft |
| Property Tax (est.) | $35,241/yr ($2,937/mo) |
| Price / Sqft | $228 |
| Status | Active |
| Days on Market | 0 |
Listing courtesy of Berkshire Hathaway NM Prop. © 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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