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Apartment in Albuquerque, NM

301 Graceland Drive SE, Albuquerque, NM, 87108

Description

Bedroom

2 Rooms

Bathroom

1 Bath

Square Foot

3335 Ft

Lot Size

0.19 Acres

Mid-century Nob Hill value-add opportunity with immediate income and upside. This five-unit mixed-use property features 5 fully renovated residential units with updated kitchens, bathrooms, plumbing, flooring, and washer/dryer hookups--no deferred maintenance. Unit mix includes one one-bedroom and two two-bedroom units, one unit is leased and producing cash flow. Two underutilized office units present a clear value-add opportunity through lease-up, rent increases, or repositioning. Prime Nob Hill location with strong demand makes this a rare opportunity for investors seeking growth and long-term appreciation.

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Additional Listing Details:

Last Refresh: 01/13/2026 07:00:04 AM UTC

MLS #: 1096628

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Listing Agent

Jose Luis Juarez

License # 44770

Keller Williams Realty

Phone: 505-897-1100