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 Full Baths: 1 -
Flooring Information
Tile, Vinyl -
Roofing Information
Metal, Shingle -
Interior Features
Master Downstairs Roof: Metal, Shingle Appliances: Free-Standing Gas Range, Refrigerator, Range Hood Laundry Features: Electric Dryer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Ductless, Electric, Heat Pump Has Cooling: Yes Cooling: Ductless
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Building Information
Year Built: 1930 Building Area Total: 1219 Construction Materials: Stucco Stories: 1 Private Pool: No
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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 Postal Code Plus 4: 4724 Zoning Description: R-1A* Property SubType: Single Family Residence Direction Faces: East 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
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School Information
Elementary School: Eugene FieldJunior High School: WashingtonSenior High School: Albuquerque -
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. WaterSource: Public Security Features: Smoke Detector(s), Window Bars
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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 @ 01:31
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