LKV Realty
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$174,000
$900Reward *
4200 Montgomery Boulevard NE 315 Unit 315, Albuquerque, NM 87109Listing ID 1105552

4200 Montgomery Boulevard NE 315 Unit 315, Albuquerque, NM 87109

Active
Of Volandia Add
Time on site: 63 daysLast updated: Jun 15, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
23,100
Acres
Acres
2.98
Days on Site
Days on Site
62
Cooling
Cooling
Refrigerated
Heating
Heating
Heat/Cool Combo (G)
Year Built
Year Built
1978
Stories
Stories
3

Exceptional investment opportunity near UNM! This versatile property features two separate units, creating the perfect setup for an owner-occupant, investor, or anyone looking to offset their mortgage with rental income. Live in one unit and rent the other, lease both for long-term income, or explore short-term rental opportunities where permitted. The property offers excellent income potential, with estimated rents of approximately $1,500 per month for the larger unit and $800 per month for the second unit. An added bonus is the absence of a gas bill, helping keep operating expenses low and improving overall cash flow. Recent improvements include new windows that provide excellent sound insulation, increased energy efficiency, and enhanced comfort throughout the property. Its prime location near UNM, major hospitals, restaurants, shopping, and public transportation makes it especially appealing to students, faculty, healthcare professionals, traveling nurses, and other tenants seeking convenience and affordability. Whether you're looking to build your investment portfolio, generate supplemental income, or create a flexible live-in-one, rent-one arrangement, this property offers multiple avenues for success. Income-producing properties in this location are increasingly difficult to find--don't miss this opportunity to own a highly versatile asset in one of Albuquerque's most desirable rental corridors.

Property Information

Property Details

Location

Address
4200 Montgomery Boulevard NE 315
County
Bernalillo
City
Albuquerque
Zip Code
87109
Subdivision
Of Volandia Add
High School
Del Norte
Elementary School
Hodgin
MLS Area
41 - Uptown

Interior Features

Beds and Baths

Bedrooms
3
3/4 Bathrooms
2

Building

Building Information

Square Feet
23,100
Year Built
1978
Stories
3
Construction
Frame, Stucco
Roof
TPO (G)
Builder Name
Unknown

Property Taxes

Tax Annual Amount
$45,951

Homeowner Association

HOA Fee
$604
HOA Fee Frequency
Monthly
Helix Real Estate Group, (505) 401-5424

Market Report for 87109

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Southwest Multiple Listing Service, Inc. (SWMLS)
Southwest Multiple Listing Service, Inc. (SWMLS) logo

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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