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502 Vassar Drive

Albuquerque, NM 87106
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Bed 6

Bed

Bath 3

Bath

SqFt2,457

Sqft

Acres0.16

Acre(Lot)

Exceptional investment opportunity in the desirable UNM South area! This well-maintained single-story triplex features three 2-bedroom, 1-bath units, each offering durable solid-surface flooring and convenient stackable washer/dryer units. Two units include garage/storage space, adding value and appeal for tenants. Two of the three units are currently rented, providing immediate income potential, while the remaining unit offers flexibility for owner occupancy or additional rental income. Conveniently located near UNM, downtown, shopping, dining, and major commuter routes, this property is an excellent addition to an investment portfolio or a smart owner-investment opportunity.

Detail Ic Property Details

Property Type : Residential Income

Price : $495,000

AD Id : 81575161

MLS Id : 1105057

Beds : 6

Lot Size : 0.16 Acre

Living Area Size : 2,457

Year Built : 1946

County : Bernalillo

Subdivision: Cedar Shoals Estates

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 3
  • Flooring Information

    Laminate, Wood
  • Interior Features

    Ceiling Fan(s) Appliances: Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer Laundry Features: Laundry Room, Washer Hookup, In Unit
  • Heating & Cooling

    Has Heating: Yes Heating: Floor Furnace Has Cooling: Yes Cooling: Ceiling Fan(s), Evaporative Cooling

  • Building Information

    Year Built: 1946 Building Area Total: 2457 Construction Materials: Frame, Stucco Stories: 1 Patio And Porch Features: Patio Private Pool: No

  • Lot Information

    Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 7100

    Property Information

    Subdivision: University Hts Add Source Property Type: Residential Income Postal Code Plus 4: 2808 Zoning Description: R-MH* Property SubType: Multi Family Levels: One Property Age: 80

  • Listing Price Information

    Listing Price: $495000 Cash, Conventional

  • Tax Information

    Parcel Number: 101605723102530404 Annual Tax: $5329.08

  • Utility Information

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

    Direction: Central & Girard, south to Garfield, west to property on corner of Garfield and Vassar.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1005 Carlisle Boulevard, Albuquerque, NM, 87106 $527,500 2 2 2,640 2,640 SqFt
3518 Eastern Avenue, Albuquerque, NM, 87106 $300,000 2 2 1,282 1,282 SqFt
1809 Girard Boulevard, Albuquerque, NM, 87106 $547,931 8 15 3,100 3,100 SqFt
2130 Coal Avenue, Albuquerque, NM, 87106 $540,000 2 1 2,592 2,592 SqFt
2104 Lead Avenue, Albuquerque, NM, 87106 $619,887 1 2 2,670 2,670 SqFt
1612 Gold Avenue, Albuquerque, NM, 87106 $600,000 5 5 2,564 2,564 SqFt
1209 Doctor Martin Luth.., Albuquerque, NM, 87106 $1,195,000 2 2 8,451 8,451 SqFt

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 06/10/2026 @ 20:43

MLS: 1105057 LISTED BY: Charlene Rockwell, Coldwell Banker Legacy 505-292-8900 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

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