1709 Walter Street
Albuquerque, NM 87102
2
Bed
2
Bath
1,219Sqft
0.13Acre(Lot)
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 con
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 -
Flooring Information
Tile, Vinyl -
Interior Features
Appliances: Free-Standing Gas Range, Refrigerator, Range Hood Laundry Features: Laundry Room, Washer Hookup, Electric Dryer Hookup, In Unit -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump, Ductless, Electric Has Cooling: Yes Cooling: Ductless, Heat Pump
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Building Information
Year Built: 1930 Building Area Total: 1219 Construction Materials: Stucco Stories: 1 Private Pool: No -
Exterior Features
Exterior Features: Lighting
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Lot Information
Lot Dimensions: 40.01 Rear /Alley Lot Size Acres: 0.13 Lot Size Square Feet: 5828 Lot Description: LandscapedProperty Information
Subdivision: Eastern Add Source Property Type: Residential Income Postal Code Plus 4: 4724 Zoning Description: R-1A* Levels: One Property Age: 96
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Listing Price Information
Listing Price: $295000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 101405644828610509 Annual Tax: $2575.82 Tax Legal Desc: LOT C & SOUTH 35.31'FT OF LOT D PLAT OF SIMPSON & LEVERETT'S SUBD OF LTS 1 & 2 BLK 53 & NL PORTION OF LT 3 BLK 3 EASTERN
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Virtual Tour
Parking Information
Parking Total: 4
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Utility Information
Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected -
Location Information
Direction: From I-25, take Exit 223 for Avenida Cesar Chavez and head west. Turn left on Walter St SE. Property is on the right at 1709 Walter St SE.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 313 Mcknight Avenue #C, Albuquerque, NM, 87102 | $225,000 | 2 | 1 | 1,072 | 1,072 SqFt |
| 503 Martinez Drive, Albuquerque, NM, 87102 | $419,000 | 3 | 3 | 1,495 | 1,495 SqFt |
| 1430 Franciscan Street, Albuquerque, NM, 87102 | $185,000 | 2 | 1 | 867 | 867 SqFt |
| 609 Page Avenue, Albuquerque, NM, 87102 | $135,000 | 2 | 1 | 875 | 875 SqFt |
| 902 Edith Boulevard, Albuquerque, NM, 87102 | $398,500 | 3 | 2 | 2,435 | 2,435 SqFt |
| 515 Marble Avenue, Albuquerque, NM, 87102 | $247,500 | 2 | 1 | 966 | 966 SqFt |
| 514 High Street, Albuquerque, NM, 87102 | $480,000 | 3 | 2 | 2,400 | 2,400 SqFt |
| 209 Edith Boulevard, Albuquerque, NM, 87102 | $399,000 | 5 | 2 | 1,870 | 1,870 SqFt |
| 517 Coal Avenue, Albuquerque, NM, 87102 | $400,000 | 3 | 2 | 1,848 | 1,848 SqFt |
| 300 Tijeras Avenue #212, Albuquerque, NM, 87102 | $198,000 | -- | 1 | 752 | 752 SqFt |
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ByOwner last updated this listing 08/15/2026 @ 02:51
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