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

Bedrooms

Bathrooms

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$139,000

701 Lava, Milan

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

Realty One of New Mexico

New

$147,000

1911 Alvarado Drive Ne B, Albuquerque

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

Deacon Property Services

$174,876

613 San Pablo Street Se, Albuquerque

1 Bed 1 Bath 1,219 SqFt Residential Income MLS® # 1074874

Sperry Van Ness/WACB, Inc.

$175,000

↓ $5,000

8333 Comanche Road Ne 16-d, Albuquerque

2 Beds 1 Bath 1,019 SqFt Residential Income MLS® # 1090943

Signature Southwest Properties

$179,000

↓ $16,000

903-907 S Main Street, Magdalena

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

Coldwell Banker Legacy

$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.

$200,000

123 46th Street Sw, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1091823

Re/Max Exclusive

$205,000

516 Alvarado Drive Se, Albuquerque

1 Bed 1 Bath 1,218 SqFt Residential Income MLS® # 1085602

The M Real Estate Group

$218,505

8017 Bell Avenue Se, Albuquerque

2 Beds 1 Bath 960 SqFt Residential Income MLS® # 1074876

Sperry Van Ness/WACB, Inc.

$225,000

↓ $25,000

219 Dallas Street Ne, Albuquerque

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

Three Sons Property Mgmt.

$225,000

↓ $20,000

234 Burma Drive Ne, Albuquerque

3 Beds 2 Baths 1,056 SqFt Residential Income MLS® # 1090313

Eclipse Real Estate

$235,000

304 Texas Street Ne, Albuquerque

1 Bed 1 Bath 1,712 SqFt Residential Income MLS® # 1089895

GDR Property Solutions, LLC

$245,000

408 Pennsylvania Street Se, Albuquerque

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

GDR Property Solutions, LLC

$245,000

408 Texas Street Ne, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1090624

GDR Property Solutions, LLC

$249,000

↓ $20,000

425 Sunset Road Sw, Albuquerque

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

R1 Commercial

New

$250,000

1320 Williams Avenue, Estancia

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

RE/MAX SELECT

$278,000

138 Mesilla Street Ne, Albuquerque

2 Beds 1 Bath 1,924 SqFt Residential Income MLS® # 1091738

Weichert, Realtors Image

$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

$300,000

304-310 6th Street, Socorro

1 Bed 1 Bath 2,688 SqFt Residential Income MLS® # 1090136

Gerald Chavez Realty Inc

$315,000

↓ $9,000

1237 Gabaldon Road, Belen

7 Beds 2 Baths 0 SqFt Residential Income MLS® # 1087131

EXP Realty, LLC

$320,000

325 Tennessee Street Ne, Albuquerque

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

Keller Williams Realty

$329,000

301 Tennessee Street Se, Albuquerque

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

Keller Williams Realty

$329,000

305 Tennessee Street Se, Albuquerque

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

Keller Williams Realty

$329,000

255 Gene Avenue Nw, Albuquerque

1 Bed 0 Baths 0 SqFt Residential Income MLS® # 1091401

EXP Realty LLC

$329,800

↓ $5,200

236 San Pablo Street Ne, Albuquerque

2 Beds 1 Bath 2,760 SqFt Residential Income MLS® # 1087488

Jason Mitchell RE NM

$329,800

↓ $5,200

240 San Pablo Street Ne, Albuquerque

2 Beds 1 Bath 2,760 SqFt Residential Income MLS® # 1087489

Jason Mitchell RE NM

$330,000

↓ $5,000

1133 Georgia Street Se, Albuquerque

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

ERA Summit

$330,000

↓ $5,000

1129 Georgia Street Se, Albuquerque

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

ERA Summit

$330,000

405 Utah Street Se, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1089526

Coldwell Banker Legacy

$339,000

↓ $10,000

801 Louisiana Boulevard Se, Albuquerque

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

Casa Grande Realty, LLC

$340,000

905 Mountain Road Nw, Albuquerque

2 Beds 2 Baths 1,758 SqFt Residential Income MLS® # 1090358

Harmony Sol Properties LTD Co.

$340,000

1725 34th Street Se, Rio Rancho

3 Beds 2 Baths 0 SqFt Residential Income MLS® # 1090501

The Villarealty Group

$345,000

↓ $20,000

208 Stanford Drive Se, Albuquerque

2 Beds 2 Baths 1,622 SqFt Residential Income MLS® # 1088848

Jones Realty of Albuquerque

$345,000

412 Harvard Drive Se, Albuquerque

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

EXP Realty LLC

$350,000

↓ $20,000

818 Granada Street, Socorro

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1073043

Realty One of New Mexico, LLC

$350,000

6104 Santolina Drive Nw, Albuquerque

3 Beds 2 Baths 1,552 SqFt Residential Income MLS® # 1091454

EXP Realty LLC

$350,000

420 Girard Boulevard Se, Albuquerque

2 Beds 1 Bath 1,563 SqFt Residential Income MLS® # 1092312

Coldwell Banker Legacy

$359,900

408 Mesilla Street Se, Albuquerque

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

The Maez Group

$360,000

127 Garcia Street Ne, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1078579

Caruso Realty, LLC

$360,000

126 Altez Street Ne, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1078578

Caruso Realty, LLC

$362,938

339 Grove Street Se, Albuquerque

2 Beds 1 Bath 2,476 SqFt Residential Income MLS® # 1074869

Sperry Van Ness/WACB, Inc.

$363,258

433 Grove Street Se, Albuquerque

2 Beds 1 Bath 2,772 SqFt Residential Income MLS® # 1074871

Sperry Van Ness/WACB, Inc.

$365,000

308 Charleston Street Ne, Albuquerque

1 Bed 1 Bath 0 SqFt Residential Income MLS® # 1091424

EXP Realty LLC

$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

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CONTACT US (505) 886-1432