LKV Realty
Logo
$565,000
$2,900Reward *
426 Towner Avenue NW, Albuquerque, NM 87102Listing ID 1095527

426 Towner Avenue NW, Albuquerque, NM 87102

Active
Towner Add
Time on site: 249 daysLast updated: Jul 22, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi-Family
Square Feet
Square Feet
3,191
Acres
Acres
0.24
Days on Site
Days on Site
248
Heating
Heating
Wall Unit
Year Built
Year Built
1946
Parking
Parking
1 Space Per Unit

Turnkey 6-plex in Albuquerque's Near North Valley—three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the case: CAP 6.06%, GRM 9.53, IRR 13.40% (per owner's pro forma). Rent/unit under $100k, under most comps. Each unit is separately metered for gas and electric. Close to employment, transit, and amenities, this location supports steady demand and market-rate rent growth. A great price for $34,214 NOI—ideal for investors seeking reliable cash flow with low day-to-day involvement.

Property Information

Property Details

Location

Address
426 Towner Avenue NW
County
Bernalillo
City
Albuquerque
Zip Code
87102
Subdivision
Towner Add
MLS Area
101 - Near North Valley

Interior Features

Heating and Cooling

Heating
Wall Unit

Building

Building Information

Square Feet
3,191
Year Built
1946
Construction
Block, Frame
Roof
Flat, TPO (G)

Property Taxes

Tax Annual Amount
$2,181
Weichert, Realtors Image, (505) 365-6721

Market Report for 87102

* 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.

cochran