1709 Walter Street SE, Albuquerque, NM 87102 (MLS # 1108825)
Twitter
Facebook
Email
|
Investment opportunity with built-in income and exciting future flexibility. This updated two-unit property offers options to maintain as a fully occupied rental, potentially occupy one unit while renting the other as leases permit, or explore a future multigenerational living arrangement. The front studio is leased at $775 through 11/30/26, and the rear 2BR/1BA is rented month-to-month at $1,320, producing current gross income of $2,095/month. Recent improvements completed from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Gas and electric are separately metered and tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential additional tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD in docs, rent roll available. Buyers should independently confirm square footage, zoning and permitted use, financing eligibility, lease terms, parking configuration, and whether the property suits their intended use.
| DAYS ON MARKET | 20 | LAST UPDATED | 8/8/2026 |
|---|---|---|---|
| TRACT | Eastern Add | YEAR BUILT | 1930 |
| COMMUNITY | 80 - Downtown Area | COUNTY | Bernalillo |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Eugene Field |
|---|---|
| Jr. High School | Washington |
| High School | Albuquerque |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Free-Standing Gas Range, Range Hood, Refrigerator |
| AREA | 80 - Downtown Area |
| CONSTRUCTION | Stucco |
| HEAT | Ductless, Electric, Heat Pump |
| INTERIOR | Master Downstairs |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 40.01 Rear /Alley |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Eastern Add |
| TAXES | 2575.82 |
| UTILITIES | Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| WATER | Public |
| ZONING | R-1A* |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Realty One Group Concierge
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.
This IDX solution is (c) Diverse Solutions 2026.
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Jason
Dencklau to contact you even if your name is on a Federal or State
"Do not call List".