2616 Muriel Street
Albuquerque, NM 87112
3
Bed
2
Bath
3,003Sqft
0.18Acre(Lot)
2616 Muriel St. NE offers investors a strong value-add opportunity with a 5.95% acquisition cap rate and a projected 6.21% pro forma cap rate. Current rents remain approximately 8.5% below market, providing additional upside potential for future ownership. The property features washer/dryer hookups in every unit and benefits from a recently replaced roof in 2022, helping reduce near-term capital expenses. Located in Albuquerque's established Northeast Heights rental market, the property offers stable tenant demand and long-term investment appeal. Seller will consider seller finance!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 -
Flooring Information
Carpet, Vinyl -
Interior Features
Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator Laundry Features: Laundry Room, Washer Hookup, In Unit -
Heating & Cooling
Has Heating: Yes Heating: Central, Forced Air Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1978 Building Area Total: 3003 Stories: 1 Patio And Porch Features: Patio Private Pool: No
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Lot Information
Lot Size Acres: 0.18 Lot Size Source: Public Records Lot Size Square Feet: 7623
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Listing Price Information
Listing Price: $490000 Original Price: $500000 Cash, Conventional, FHA, Owner May Carry, VA Loan
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Tax Information
Parcel Number: 102105950741911316 Annual Tax: $3906.36
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: From Menaul Blvd NE, head South on Juan Tabo Blvd NE. Turn West onto Brentwood Hills Blvd, then South onto Muriel St NE. The property is on the East side of the street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 12404 Rosemont Avenue, Albuquerque, NM, 87112 | $444,444 | 6 | 6 | 3,700 | 3,700 SqFt |
| 11013 Towner Avenue, Albuquerque, NM, 87112 | $484,900 | 6 | 4 | 3,080 | 3,080 SqFt |
| 11009 Towner Avenue, Albuquerque, NM, 87112 | $484,900 | 6 | 4 | 3,080 | 3,080 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/19/2026 @ 04:58
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