Active

508 Walter Street

Albuquerque, NM 87102
Mark as Favorite
Bed 1

Bed

Bath 1

Bath

SqFt1,372

Sqft

Acres0.12

Acre(Lot)

Turnkey Tri-Plex in the heart of Huning Highland! This meticulously maintained 3-unit property features three spacious 1-bedroom, 1-bath apartments, each with private entrances and modern updates. Ideal for an owner-occupant or investor, it has a proven history as a successful Airbnb with strong potential for short- or long-term rentals. Located near Downtown, UNM, and Nob Hill, with off-street parking and a fenced yard. Don't miss this rare opportunity to own a cash-flowing gem in one of Albuquerque's most sought-after historic neighborhoods!

Detail Ic Property Details

Property Type : Residential Income

Price : $549,000

AD Id : 86579996

MLS Id : 1106259

Beds : 1

Lot Size : 0.12 Acre

Living Area Size : 1,372

Year Built : 1901

County : Bernalillo

Subdivision: Reedwoods

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1
  • Interior Features

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

    Has Heating: Yes Heating: Ductless, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Multi Units

  • Building Information

    Year Built: 1901 Building Area Total: 1372 Stories: 1 Patio And Porch Features: Patio Private Pool: No
  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Lot Size Acres: 0.12 Lot Size Source: Public Records Lot Size Square Feet: 5401

    Property Information

    Subdivision: Highland Add Source Property Type: Residential Income Postal Code Plus 4: 3948 Zoning Description: MX-T* Property SubType: Triplex Levels: One Property Age: 125

  • Listing Price Information

    Listing Price: $549000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 101405747121543413 Annual Tax: $6009.32 Tax Legal Desc: n/a

  • Utility Information

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

    Direction: I-25 to west to lead, south on Walter to property on east side.
Sell a home like this and save $32,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1100 &1102 10th Street, Albuquerque, NM, 87102 $415,000 4 2 1,860 1,860 SqFt
1508 Edith Boulevard, Albuquerque, NM, 87102 $1,375,000 11 8 5,304 5,304 SqFt
427 Odelia Road, Albuquerque, NM, 87102 $330,000 3 3 1,424 1,424 SqFt
902 Edith Boulevard, Albuquerque, NM, 87102 $398,500 3 2 2,435 2,435 SqFt
426 Towner Avenue, Albuquerque, NM, 87102 $565,000 6 6 3,191 3,191 SqFt
520 Iron Avenue, Albuquerque, NM, 87102 $369,000 2 2 1,528 1,528 SqFt
1200 Edith Boulevard, Albuquerque, NM, 87102 $518,800 6 3 2,975 2,975 SqFt
313 Iron Avenue, Albuquerque, NM, 87102 $1,000,000 7 4 5,603 5,603 SqFt
807 8th Street, Albuquerque, NM, 87102 $990,000 5 5 3,600 3,600 SqFt
615 Iron Avenue, Albuquerque, NM, 87102 $1,500,000 12 12 6,574 6,574 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 06/27/2026 @ 12:30

MLS: 1106259 LISTED BY: Gabriel Alarid, EXP Realty LLC 505-554-3873 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

Homes around $549,000

Selling? Save $32,441 when you sell a home like this

Tour with a ByOwner Agent