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7524 2nd Street

Albuquerque, NM 87107
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Bed 5

Bed

Bath 5

Bath

SqFt6,685

Sqft

Acres0.76

Acre(Lot)

On behalf of the Owner, Deacon Property Services and NM Apartment Advisors are excited to bring to market a private compound style apartment community located in the Albuquerque's north valley. Spread across three buildings, these 12 unique units are located across the street from the new 2nd street lenticular park and a few blocks from the Rio Grande River and its Bosque Forest and nature trails.This is a rare opportunity to own a true value-add apartment compound with so much potential in such a unique area. Reap the benefits of significant recent modernization and property improvements, then continue updating the property with your vision on your timeline to maximize upside. A 3/4 acre lot also offers potential for adding additional units and cool common area amenities. Current unit mix features five studios, six 1-bedrooms, and one 2-bedroom apartment. All apartments are unique with some modern updates and cool / classic character touches. Residents love the ample parking, the thermal windows, the soft-gated compound atmosphere, the rural north valley setting, and the proximity to the Rio Grande Bosque and I-25. The property is also conveniently located 1.5 miles south of Paseo Del Norte (Highway 423 - a major east/west thoroughfare in northern Albuquerque), less than a quarter-mile from a public library, and nearby other local retail, stores, restaurants, and breweries.

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Detail Ic Property Details

Property Type : Residential Income

Price : $947,250

AD Id : 91392552

MLS Id : 1111323

Beds : 5

Lot Size : 0.76 Acre

Living Area Size : 6,685 Sq. Ft

Tax Amount : $3,356.02

Year Built : 1946

County : Bernalillo

Subdivision: Lincoln Jones

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 5
  • Flooring Information

    Carpet, Tile, Vinyl
  • Interior Features

    Appliances: Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Other Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 1946 Building Area Total: 6685 Construction Materials: Frame, Stucco, Wood Siding Stories: 1 Private Pool: No

  • Lot Information

    Lot Size Acres: 0.76 Lot Size Source: Public Records Lot Size Square Feet: 33018

    Property Information

    Subdivision: Tract 150-A1 Map 27 Source Property Type: Residential Income Postal Code Plus 4: 6765 Zoning Description: R-2 Property SubType: Multi Family Levels: One Property Age: 80

  • Listing Price Information

    Listing Price: $947250 Cash, Conventional

  • Tax Information

    Parcel Number: 101506331520940711 Annual Tax: $3356.02 Tax Legal Desc: Tract 150-A1 Map 27

  • Utility Information

    Electricity Connected
  • Location Information

    Direction: From I-25 and Osuna - west on Osuna to 2nd Street, north to property
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
511 Texas Street, Albuquerque, NM, 87107 $299,000 6 3 1,925 0.15 Acre
3609 Wellesley Drive, Albuquerque, NM, 87107 $550,000 8 4 4,194 0.20 Acre
3601 Wellesley Drive, Albuquerque, NM, 87107 $3,015,000 3 3 14,266 0.78 Acre
3505 Lafayette Drive, Albuquerque, NM, 87107 $950,000 2 1 9,100 0.38 Acre
325 San Andres Avenue, Albuquerque, NM, 87107 $559,000 7 5 3,632 0.23 Acre
120 Veranda Road, Albuquerque, NM, 87107 $229,900 4 3 -- 0.27 Acre
425 Fitzgerald Road, Albuquerque, NM, 87107 $499,000 4 3 1,898 0.20 Acre
5201 Grande Drive, Albuquerque, NM, 87107 $360,000 5 2 1,898 0.16 Acre
1237 Menaul Boulevard, Albuquerque, NM, 87107 $550,000 8 4 3,400 0.12 Acre

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 09/29/2026 @ 18:43

MLS: 1111323 LISTED BY: Todd Clarke, NM Apartment Advisors, Inc. 505-440-8633 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

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