1303-1305 Iron Avenue
Albuquerque, NM 87102
1
Bed
1
Bath
1,128Sqft
0.16Acre(Lot)
Both units are tenant occupied. Property tours will be held for pre-qualified buyers only on August 22nd and August 29th from 1-3 pm. Located just minutes from Downtown Albuquerque and Old Town, the property is within walking distance of Rio Grande Pool, Rio Grande Park, the ABQ BioPark Zoo and nearby neighborhood amenities. It also offers convenient bicycle access to Downtown, Old Town Plaza and the extensive trail system along the Bosque and Rio Grande.Offered at $275,000, or $137,500 per unit, the property provides an attractive entry point into Albuquerque's multifamily investment market. Current underwriting reflects a 6.19% cap rate, with projected rent growth providing additional upside.The property features two one bedroom/one bathroom units. The extra lot contains 0.1618 acres wi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 -
Flooring Information
Vinyl -
Interior Features
Appliances: Free-Standing Gas Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace
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Building Information
Year Built: 1920 Building Area Total: 1128 Construction Materials: Stucco Stories: 1 Private Pool: No
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Lot Information
Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 7057Property Information
Subdivision: Raynolds Addition Source Property Type: Residential Income Postal Code Plus 4: 3757 Zoning Description: R-ML* Property SubType: Duplex Levels: One Property Age: 106
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Listing Price Information
Listing Price: $275000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 101305734131510703 Annual Tax: $2648.72
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Utility Information
Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected -
Location Information
Direction: take Lomas Blvd west towards downtown. Turn left onto 12th Street NW. Continue south past Central Avenue. Tur right onto Iron Ave. SW Continue to 1303 Iron Ave. SW
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1508 Edith Boulevard, Albuquerque, NM, 87102 | $1,375,000 | 11 | 8 | 5,304 | 5,304 SqFt |
| 313 Mcknight Avenue #A,.., Albuquerque, NM, 87102 | $725,000 | 6 | 3 | 3,861 | 3,861 SqFt |
| 902 Edith Boulevard, Albuquerque, NM, 87102 | $398,500 | 3 | 2 | 2,435 | 2,435 SqFt |
| 320 Rosemont Avenue, Albuquerque, NM, 87102 | $250,000 | 3 | 3 | 1,527 | 1,527 SqFt |
| 426 Towner Avenue, Albuquerque, NM, 87102 | $565,000 | 6 | 6 | 3,191 | 3,191 SqFt |
| 508 Walter Street, Albuquerque, NM, 87102 | $549,000 | 1 | 1 | 1,372 | 1,372 SqFt |
| 313 Mcknight - Main, A .., Albuquerque, NM, 87102 | $535,150 | 6 | 3 | 2,733 | 2,733 SqFt |
| 520 Iron Avenue, Albuquerque, NM, 87102 | $369,000 | 2 | 2 | 1,528 | 1,528 SqFt |
| 1200 Edith Boulevard, Albuquerque, NM, 87102 | $518,800 | 6 | 4 | 2,975 | 2,975 SqFt |
| 313 Iron Avenue, Albuquerque, NM, 87102 | $1,000,000 | 7 | 4 | 5,603 | 5,603 SqFt |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
ByOwner last updated this listing 08/20/2026 @ 21:38
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