401 & 405 Indiana Street
Albuquerque, NM 87108
6
Bed
3
Bath
6,400Sqft
0.37Acre(Lot)
Prime investment opportunity featuring two side-by-side fourplexes (8 total units)). Each 800 sq ft, 2-bed, 1-bath residence features an efficient floor plan with bright living space, full kitchen, and dedicated in-unit laundry hookups. This high-demand amenity eliminates shared laundry logistics, drives tenant retention, and supports premium rents.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 -
Flooring Information
Carpet, Laminate, Tile -
Interior Features
Appliances: Oven, Free-Standing Electric Range, Disposal, Refrigerator, Range Hood, Self Cleaning Oven Laundry Features: Laundry Room, Washer Hookup, In Unit -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1963 Building Area Total: 6400 Construction Materials: Brick, Frame Stories: 1 Private Pool: No
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Lot Information
Lot Size Acres: 0.37 Lot Size Source: Public Records Lot Size Square Feet: 16204Property Information
Subdivision: Mesa Park Add Source Property Type: Residential Income Postal Code Plus 4: 3856 Zoning Description: C-1 Property SubType: Multi Family Levels: One Property Age: 63
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Listing Price Information
Listing Price: $800000 Cash, Conventional, FHA
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Tax Information
Parcel Number: 101805644951612910 Annual Tax: $4549.68
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected -
Location Information
Direction: From Downtown, head east on Lead Ave SE as it transitions into Zuni Rd SE. Continue straight on Zuni Rd SE for about 4 miles, passing San Mateo Blvd SE. Turn right onto Indiana St SE just before Louisiana Blvd SE, and 401 and 405 Indiana St SE will be on your left.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 217 General Stilwell St.., Albuquerque, NM, 87108 | $425,155 | 7 | 4 | 3,200 | 0.17 Acre |
| 411 Virginia Street, Albuquerque, NM, 87108 | $315,000 | 4 | 2 | 2,153 | 0.16 Acre |
| 8600 Zuni Road, Albuquerque, NM, 87108 | $1,594,615 | 3 | 2 | 16,020 | 1 Acre |
| 211 Texas Street, Albuquerque, NM, 87108 | $349,900 | 6 | 4 | 2,500 | 0.16 Acre |
| 209 Texas Street, Albuquerque, NM, 87108 | $349,900 | 7 | 4 | 2,650 | 0.16 Acre |
| 325 Tennessee Street, Albuquerque, NM, 87108 | $299,900 | 6 | 3 | 2,304 | 0.16 Acre |
| 428 Rhode Island Street, Albuquerque, NM, 87108 | $329,900 | 6 | 3 | 2,250 | 0.14 Acre |
| 513 Utah Street, Albuquerque, NM, 87108 | $215,000 | 2 | 1 | 1,536 | 0.16 Acre |
| 336 Rhode Island Street, Albuquerque, NM, 87108 | $255,000 | 2 | 1 | 2,375 | 0.16 Acre |
| 308 Charleston Street, Albuquerque, NM, 87108 | $399,000 | 4 | 4 | -- | 0.19 Acre |
Similar Multifamily To 401 & 405 Indiana Street
Nearby For Sale
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ByOwner last updated this listing 09/10/2026 @ 07:45
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