301 Graceland Drive SE, Albuquerque, NM 87108

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 $695,000

  • 9 BedroomBedrooms
  • 5 BathroomBathrooms
  • 4,284 Sq.Ft.
  • Multi-Family
  • Active
  • MLS# 1109351
  • Sold On
  • Rental
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Source MLS Verified

PROPERTY DESCRIPTION

Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.

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Property Details

General

  • Subdivision: Grande Add
  • County: Bernalillo
  • Acreage: 0.19
  • Beds: 9
  • Year Built: 1962
  • Sq. Ft.: 4,284
  • Lot Dimensions: Public Records

Interior Features

  • Interior Features: Skylights

Financial Considerations

  • Tax Amount: $5,500

Activity

  • Days On Market: 78
  • List Date: 08/10/2026
 

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