LKV Realty
Logo
$1,500,000
$6,000Reward *
615 Iron Avenue SW, Albuquerque, NM 87102Listing ID 1102929

615 Iron Avenue SW, Albuquerque, NM 87102

Active
Block X Atlantic And Pacific Add
Time on site: 103 daysLast updated: Jul 22, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi-Family
Square Feet
Square Feet
6,574
Acres
Acres
0.16
Days on Site
Days on Site
102
Cooling
Cooling
Refrigerated, Ductless
Heating
Heating
Electric, Central
Year Built
Year Built
2023
Parking
Parking
1 Space Per Unit

Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail. 5 of 6 units are now cash flowing AirBnB units - See APOD

Property Information

Property Details

Location

Address
615 Iron Avenue SW
County
Bernalillo
City
Albuquerque
Zip Code
87102
Subdivision
Block X Atlantic And Pacific Add
MLS Area
80 - Downtown Area

Interior Features

Heating and Cooling

Cooling
Refrigerated, Ductless
Heating
Electric, Central

Building

Building Information

Square Feet
6,574
Year Built
2023
Construction
Frame, Stucco
Roof
Metal, Pitched

Property Taxes

Tax Annual Amount
$16,575
Berkshire Hathaway NM Prop, (505) 798-6300

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.

tgalleg