Pending

502 Headingly Avenue

Albuquerque, NM 87107
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Bed 12

Bed

Bath 8

Bath

SqFt4,747

Sqft

Acres0.46

Acre(Lot)

FOUR-ADDRESS 7-UNIT INCOME COMPOUND ON ONE LOT! Rare commercial multi-family investment portfolio opportunity featuring four distinct physical addresses 502 Headingly Ave NW, 504 Headingly Ave NW, 506 Headingly Ave NW, and 3921 5th St NW. all legally situated on one single, low-maintenance parcel. Streamlined portfolio management with massive high-density cash flow.Current Unit Breakdown (5 Turn-Key Units):Two separate duplexes: Each featuring 2-bedroom, 1-bathroom layouts.One detached home: Featuring a 2-bedroom, 1-bathroom layout.Two detached cottages: Each featuring cozy 1-bedroom, 1-bathroom layouts.Massive Value-Add Potential (6th & 7th Units):The property features an additional standalone structure primed for immediate equity growth. The framework, electrical wiring, and plumbing rou gh-ins are completely in place--finish it out to instantly add a 6th rent-generating unit! Additionally, there is potential to optimize/add a 7th unit on-site. Property is priced and valued based on its current operational footprint, giving the next owner massive built-in upside.Important Disclosures: Sold strictly AS-IS, WHERE-IS. Please submit all offers subject to interior inspection out of respect for current occupants. Buyer is strictly responsible for independently verifying all unit square footages, exact utility configurations/metering, local zoning codes, certificate of occupancy status, and permitting/completion requirements for the unfinished spaces prior to the expiration of contingencies. Call today for a complete APOD sheet, rent roll, and to schedule your private tour!

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Detail Ic Property Details

Property Type : Residential Income

Price : $750,000

AD Id : 89401444

MLS Id : 1108818

Beds : 12

Lot Size : 0.46 Acre

Living Area Size : 4,747

Year Built : 1951

County : Bernalillo

Subdivision: Young S Sub De Luxe

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 8
  • Flooring Information

    Vinyl
  • Interior Features

    Ceiling Fan(s) Appliances: Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Other, Wall Furnace Has Cooling: Yes Cooling: Ceiling Fan(s), Evaporative Cooling

  • Building Information

    Year Built: 1951 Building Area Total: 4747 Stories: 1 Private Pool: No

  • Lot Information

    Lot Size Acres: 0.46 Lot Size Source: Public Records Lot Size Square Feet: 20038

    Property Information

    Subdivision: Monkbridge Source Property Type: Residential Income Postal Code Plus 4: 3521 Zoning Description: R-1C* Property SubType: Multi Family Levels: One Property Age: 75

  • Listing Price Information

    Listing Price: $750000 Cash, Conventional

  • Tax Information

    Parcel Number: 101406032726810119 Annual Tax: $6895.5

  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: From Candelaria and 5th street, north to Headingly, property is on the corner of 5th and Headingly502 Headingly504 Headingly506 Headingly3921 5th St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3609 Wellesley Drive, Albuquerque, NM, 87107 $550,000 8 4 4,194 4,194 SqFt
3601 Wellesley Drive, Albuquerque, NM, 87107 $3,015,000 3 3 14,266 14,266 SqFt
3505 Lafayette Drive, Albuquerque, NM, 87107 $950,000 2 1 9,100 9,100 SqFt
325 San Andres Avenue, Albuquerque, NM, 87107 $559,000 7 5 3,632 3,632 SqFt
425 Fitzgerald Road, Albuquerque, NM, 87107 $499,000 4 3 1,898 1,898 SqFt
5201 Grande Drive, Albuquerque, NM, 87107 $375,000 5 2 1,898 1,898 SqFt
1237 Menaul Boulevard, Albuquerque, NM, 87107 $550,000 8 4 3,400 3,400 SqFt
1225 Menaul Boulevard, Albuquerque, NM, 87107 $550,000 8 4 --

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ByOwner last updated this listing 08/20/2026 @ 22:41

MLS: 1108818 LISTED BY: Terrance Belcher, AIM Properties 505-312-8651 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

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