SIGN UP LOGIN
Refine Search

2616 Muriel Street Ne, Albuquerque, NM 87112

$490,000
SAVE TOUR THIS HOME
  • 2616 Muriel Street Ne, Albuquerque, NM 87112 Main Photo

7 Total Photos [Click to View All]

Active Price Reduced by $10,000 on June 16th, 2026
BEDS3 BATHS SQUARE FEET3,003 MLS#1103865
STATUSActive PROPERTY TYPEMulti Unit - Multiple
TOUR THIS HOME
Call / TEXT TO ME / Map Listing / Print / Share / Email

Property Description

2616 Muriel St. NE offers investors a strong value-add opportunity with a 5.95% acquisition cap rate and a projected 6.21% pro forma cap rate. Current rents remain approximately 8.5% below market, providing additional upside potential for future ownership. The property features washer/dryer hookups in every unit and benefits from a recently replaced roof in 2022, helping reduce near-term capital expenses. Located in Albuquerque's established Northeast Heights rental market, the property offers stable tenant demand and long-term investment appeal. Seller will consider seller finance!

2616 Muriel Street Ne | MLS# 1103865

This multi-family property located at 2616 Muriel Street Ne, Albuquerque, NM 87112 is currently listed for sale with an asking price of $490,000. Search Albuquerque real estate on jdemay.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Lot Size: 0.18 Acres
Stories: 1.0
Taxes: $3,906
Year Built: 1978

Amenities

Patio

Feature Descriptions

Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
Community Features: Patio
Days on Site: 28
Flooring: Carpet, Vinyl
Laundry: Washer Hookup, Dryer Hookup, In Unit
Parcel#: 102105950741911316
Patio/Porch: Patio
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: NAI SunVista Commercial RE
Agency Phone: (505) 878-0001

Shown By

Agent Name: James DeMay
Agent Phone: (505) 306-1710
Agency Title: Coldwell Banker Legacy

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,558.94 per month $1,090.53 Principal & Interest $325.50 Property Tax $142.92 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
James DeMay
James DeMay Cell: (505) 306-1710 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/17/2026. The listing information on this page last changed on 06/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/17/2026 9:44:26 AM EST) or SWMLS (last updated Wed 06/17/2026 8:56:13 AM EST) or Santa Fe MLS (last updated Wed 06/17/2026 9:15:53 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
  

Login to My Homefinder

Forgot Password

Register

Pixel