301 Graceland Drive SE, Albuquerque, NM 87108 (MLS # 1096628)
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Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two-bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups--no deferred maintenance required. One unit is currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.
| DAYS ON MARKET | 13 | LAST UPDATED | 1/11/2026 |
|---|---|---|---|
| TRACT | Grande Add | YEAR BUILT | 1962 |
| COMMUNITY | 42 - UNM South | COUNTY | Bernalillo |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Evaporative Cooling |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Free-Standing Electric Range, Refrigerator |
| AREA | 42 - UNM South |
| CONSTRUCTION | Frame |
| HEAT | Central, Forced Air |
| LOT | 8276 sq ft |
| STORIES | 1 |
| SUBDIVISION | Grande Add |
| TAXES | 8409.39 |
| UTILITIES | Electricity Connected, Sewer Connected, See Remarks, Water Connected |
| ZONING | R-1A* |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Keller Williams Realty
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