Albuquerque, NM 87104 (MLS # 1099257)
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2129 Edna NW presents a rare opportunity to acquire a six-unit multifamily property in immediate proximity to Albuquerque's historic Old Town Plaza. This walkable infill location places the asset steps from over 100 retail and restaurant establishments, as well as Sawmill Market, museums, and major cultural amenities.The property consists of six one-bedroom units totaling approximately 3,850 square feet on A+/-0.19 acres. It is being offered at $351,204, representing an attractive basis of approximately $58,500 per unit within a highly desirable submarket.The asset has been family-held for decades and requires substantial renovation. Current average rents are approximately $638 per unit, producing a modest in-place return. However, the investment thesis centers on repositioning.
| DAYS ON MARKET | 14 | LAST UPDATED | 3/4/2026 |
|---|---|---|---|
| TRACT | Recent replat, see listing broker | YEAR BUILT | 1930 |
| COMMUNITY | 80 - Downtown Area | COUNTY | Bernalillo |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Evaporative Cooling, Multi Units |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | 80 - Downtown Area |
| CONSTRUCTION | Stucco |
| HEAT | Central |
| LOT | 0.44 acre(s) |
| STORIES | 1 |
| SUBDIVISION | Recent replat, see listing broker |
| TAXES | 614.74 |
| UTILITIES | Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| ZONING | R-1A* |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with NM Apartment Advisors, Inc.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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