3505 Lafayette Drive
Albuquerque, NM 87107
2
Bed
1
Bath
9,100Sqft
0.38Acre(Lot)
At 1300 SF each, all 7 apartments are nicely updated two story two bedroom / one and a half Bathroom townhome style floorplans with well-apportioned rooms, separate large utility rooms (with Washer / Dryer hook ups or washer / dryer included), and giant living areas with woodburning stoves! All kitchens are nicely updated and include dishwashers and electric ranges. All apartments are also separately metered for gas and electric and offer forced central heating. 4 of the 7 apartments have been converted to refrigerated air!Potential upside includes conversion to a condominium community with a large spread between the current price of $135,714 per unit and the average ask price for $242,500 (per SWMLS report 5/12 - 2 bedroom units with 1,200 to 1,400 sf condos without garages.)
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 -
Flooring Information
Vinyl -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
-
Building Information
Year Built: 1978 Building Area Total: 9100 Construction Materials: Frame, Stucco Stories: 2 Private Pool: No
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Lot Information
Lot Size Acres: 0.38 Lot Size Source: Public Records Lot Size Square Feet: 16374Property Information
Subdivision: Indian Rest Sub Source Property Type: Residential Income Postal Code Plus 4: 4349 Zoning Description: R-ML* Property SubType: Multi Family Levels: Two Property Age: 48
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Listing Price Information
Listing Price: $950000 Cash, Conventional
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Tax Information
Parcel Number: 101606038517540709 Annual Tax: $7291
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Parking Information
Parking Total: 11
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: From I-25 and Comanche, east to Lafayette, south to property.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3609 Wellesley Drive, Albuquerque, NM, 87107 | $641,829 | 8 | 4 | 4,194 | 4,194 SqFt |
| 3601 Wellesley Drive, Albuquerque, NM, 87107 | $3,015,000 | 3 | 3 | 14,266 | 14,266 SqFt |
| 3501 NE Wellesley Drive, Albuquerque, NM, 87107 | $510,000 | -- | -- | -- | |
| 325 San Andres Avenue, Albuquerque, NM, 87107 | $559,000 | 7 | 5 | 3,632 | 3,632 SqFt |
| 1237 Menaul Boulevard, Albuquerque, NM, 87107 | $562,500 | 8 | 4 | 3,400 | 3,400 SqFt |
| 1225 Menaul Boulevard, Albuquerque, NM, 87107 | $562,500 | 8 | 4 | -- |
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Nearby For Sale
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ByOwner last updated this listing 06/14/2026 @ 23:13
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