The NMWelcomeHome Team Blog

Thinking about buying a home but concerned about your monthly mortgage payment? You might consider owning a multi-unit property. Most mortgage loans allow a borrower to own up to a 4 unit multi-family home and still take advantage of the lower down payment, 2nd home buyer programs or first time home buyer programs.  With the option to live in one and rent the others, it's possible that you could zero out your monthly mortgage payment. This not only makes it a great opportunity to reduce your cost to live but also sets you up for a future investment and an addition to your portfolio. 

As always you can call us at (505) 886-1432.

Live In One, Rent The Others

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Bathrooms

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$129,900

207 Mt Carmel Avenue, Socorro

1 Bed 1 Bath 0 SqFt Residential Income MLS® # 1094387

EXP Realty LLC

$139,000

701 Lava, Milan

3 Beds 2 Baths 1,922 SqFt Residential Income MLS® # 1084438

Realty One of New Mexico

$147,000

1911 Alvarado Drive Ne B, Albuquerque

2 Beds 1 Bath 944 SqFt Residential Income MLS® # 1092429

Deacon Property Services

$150,000

↓ $45,000

318 Wisconsin Street Ne, Albuquerque

2 Beds 1 Bath 1,497 SqFt Residential Income MLS® # 1093522

Coldwell Banker Legacy

$169,000

903-907 S Main Street, Magdalena

1 Bed 1 Bath 590 SqFt Residential Income MLS® # 1086615

Coldwell Banker Legacy

$175,000

718 Liles Street, Socorro

0 Beds 0 Baths 1,962 SqFt Residential Income MLS® # 1094619

Simply Real Estate

$179,000

12000 Stilwell Place Ne C, Albuquerque

2 Beds 1 Bath 850 SqFt Residential Income MLS® # 1092083

Realty One of New Mexico

$199,975

12708 Copper Avenue Ne, Albuquerque

2 Beds 1 Bath 2,200 SqFt Residential Income MLS® # 1092204

NM Apartment Advisors, Inc.

$225,000

↓ $25,000

219 Dallas Street Ne, Albuquerque

1 Bed 1 Bath 0 SqFt Residential Income MLS® # 1089512

Three Sons Property Mgmt.

$230,000

845 Aritas Road Sw, Albuquerque

2 Beds 1 Bath 1,725 SqFt Residential Income MLS® # 1094173

Maestas Real Estate Services

$245,000

408 Pennsylvania Street Se, Albuquerque

1 Bed 1 Bath 1,688 SqFt Residential Income MLS® # 1088629

GDR Property Solutions, LLC

$245,000

119 Charleston Street Se, Albuquerque

1 Bed 1 Bath 1,784 SqFt Residential Income MLS® # 1094841

Realty One of New Mexico

$249,000

↓ $20,000

425 Sunset Road Sw, Albuquerque

2 Beds 1 Bath 1,440 SqFt Residential Income MLS® # 1090085

Trinity Apartment Company LLC

$250,000

1320 Williams Avenue, Estancia

3 Beds 2 Baths 900 SqFt Residential Income MLS® # 1092859

RE/MAX SELECT

$285,000

445 California Street Se, Albuquerque

2 Beds 1 Bath 2,000 SqFt Residential Income MLS® # 1080102

International Brokerage

$290,000

6802 Cochiti Road Se, Albuquerque

1 Bed 1 Bath 0 SqFt Residential Income MLS® # 1090248

EXP Realty LLC

New

$299,000

6535 Tierra Prieta Avenue Nw, Albuquerque

3 Beds 2 Baths 1,504 SqFt Residential Income MLS® # 1092466

Realty One of New Mexico

$305,000

↓ $10,000

325 Tennessee Street Ne, Albuquerque

2 Beds 1 Bath 2,304 SqFt Residential Income MLS® # 1090328

Keller Williams Realty

$315,000

3534 Vail Avenue Se, Albuquerque

1 Bed 1 Bath 1,283 SqFt Residential Income MLS® # 1093425

Keller Williams Realty

$320,000

631 57th Street Nw, Albuquerque

3 Beds 1 Bath 1,482 SqFt Residential Income MLS® # 1094419

Turquoise Properties, LLC

$325,000

↓ $5,000

1133 Georgia Street Se, Albuquerque

2 Beds 1 Bath 2,800 SqFt Residential Income MLS® # 1085675

ERA Summit

$325,000

2112 Lead Avenue Se, Albuquerque

2 Beds 1 Bath 1,768 SqFt Residential Income MLS® # 1095143

Colfack Real Estate Team LLC

$329,000

301 Tennessee Street Se, Albuquerque

2 Beds 1 Bath 1,983 SqFt Residential Income MLS® # 1089175

Keller Williams Realty

$329,000

↑ $10,000

305 Tennessee Street Se, Albuquerque

2 Beds 1 Bath 1,983 SqFt Residential Income MLS® # 1089176

Keller Williams Realty

$330,000

↓ $5,000

1129 Georgia Street Se, Albuquerque

2 Beds 1 Bath 2,621 SqFt Residential Income MLS® # 1085676

ERA Summit

New

$330,000

421 N Virginia Street Ne 1, Albuquerque

3 Beds 2 Baths 1,542 SqFt Residential Income MLS® # 1094433

Berger Briggs RE & Prop Mgmt

$333,298

172 Monte Largo Drive Ne, Albuquerque

2 Beds 1 Bath 1,862 SqFt Residential Income MLS® # 1094726

New Vision Real Estate Group

$335,000

10105 Malaguena Lane Ne, Albuquerque

3 Beds 2 Baths 1,477 SqFt Residential Income MLS® # 1093304

Realty One of New Mexico

$339,000

801 Louisiana Boulevard Se, Albuquerque

1 Bed 1 Bath 2,300 SqFt Residential Income MLS® # 1082186

Casa Grande Realty, LLC

$342,000

816 Ortiz Drive Se, Albuquerque

2 Beds 1 Bath 2,470 SqFt Residential Income MLS® # 1095131

Realty One of New Mexico

$345,000

412 Harvard Drive Se, Albuquerque

3 Beds 1 Bath 1,460 SqFt Residential Income MLS® # 1092027

EXP Realty LLC

$350,000

↓ $10,000

126 Rhode Island Street Se, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1092922

N & D Realty & Property Mgmt

$350,000

1033 Louisiana Boulevard Se, Albuquerque

2 Beds 1 Bath 2,296 SqFt Residential Income MLS® # 1094542

Keller Williams Realty

$359,900

408 Mesilla Street Se, Albuquerque

2 Beds 1 Bath 2,800 SqFt Residential Income MLS® # 1090758

The Maez Group

$369,000

1691 Ponderosa Drive, Jemez Springs

2 Beds 2 Baths 1,083 SqFt Residential Income MLS® # 1088195

Realty One of New Mexico

$370,000

411 Wisconsin Street Ne, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1090664

EXP Realty LLC

$370,000

415 Wisconsin Street Ne, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1091467

EXP Realty LLC

$370,000

3529 Ross Avenue Se, Albuquerque

2 Beds 1 Bath 1,840 SqFt Residential Income MLS® # 1091472

GDR Property Solutions, LLC

$375,000

1821 Alvarado Drive Ne, Albuquerque

2 Beds 1 Bath 1,558 SqFt Residential Income MLS® # 1092375

Keller Williams Realty

$375,000

6512 E Anderson Avenue Se, Albuquerque

3 Beds 3 Baths 2,011 SqFt Residential Income MLS® # 1094427

Berger Briggs RE & Prop Mgmt

$379,000

242 Tennessee Street Ne, Albuquerque

8 Beds 1 Bath 0 SqFt Residential Income MLS® # 1091225

Re/Max Exclusive

$389,000

401 Vermont Street Ne, Albuquerque

1 Bed 1 Bath 2,719 SqFt Residential Income MLS® # 1094694

Real Broker, LLC

$390,000

3413 Eastern Avenue Se, Albuquerque

2 Beds 1 Bath 2,700 SqFt Residential Income MLS® # 1090255

High Desert Realty

$390,000

3409 Eastern Avenue Se, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1090256

High Desert Realty

$395,000

308 Virginia Street Ne, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1092482

The Villarealty Group

$395,000

502 Utah Street Ne, Albuquerque

2 Beds 1 Bath 2,800 SqFt Residential Income MLS® # 1095269

Realty One of New Mexico

$395,000

504 Utah Street Ne, Albuquerque

2 Beds 1 Bath 2,800 SqFt Residential Income MLS® # 1095272

Realty One of New Mexico

$399,000

↓ $38,000

2819 N Hwy 14, Madrid

1 Bed 1 Bath 1,080 SqFt Residential Income MLS® # 1086784

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CONTACT US (505) 886-1432