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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$90,000

↑ $28,889

110 S Ohio Avenue, Roswell

1 Bed 1 Bath 5,358 SqFt Residential Income MLS® # 1072071

NM Apartment Advisors, Inc.

$159,000

341-343 Church, Socorro

1 Bed 1 Bath 0 SqFt Residential Income MLS® # 1071682

Home & Country Realty

$160,000

702 N 5th Street, Belen

2 Beds 1 Bath 1,570 SqFt Residential Income MLS® # 1074498

Keller Williams Realty

$160,000

1930 Lena Road Sw, Albuquerque

3 Beds 1 Bath 6,300 SqFt Residential Income MLS® # 1072401

Rhino Realty Property Mgmt LLC

$170,000

↓ $50,000

504 Trumbull Avenue Se, Albuquerque

3 Beds 2 Baths 3,619 SqFt Residential Income MLS® # 1067520

Realty One of New Mexico

$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

↓ $10,000

514 Alcazar Street Se, Albuquerque

1 Bed 1 Bath 1,395 SqFt Residential Income MLS® # 1055707

Keller Williams Realty

$198,800

↑ $10,000

325 Charleston Street Se, Albuquerque

2 Beds 1 Bath 1,344 SqFt Residential Income MLS® # 1064116

EXP Realty LLC

$218,505

↓ $449,134

8017 Bell Avenue Se, Albuquerque

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

Sperry Van Ness/WACB, Inc.

$225,000

↓ $10,000

509-511 Utah Street Se, Albuquerque

2 Beds 1 Bath 1,575 SqFt Residential Income MLS® # 1061809

Welcome Home Realty

$236,500

403 Tennessee Street Ne, Albuquerque

2 Beds 1 Bath 1,300 SqFt Residential Income MLS® # 1057366

EXP Realty LLC

$239,000

201 San Pablo Street Ne, Albuquerque

3 Beds 2 Baths 0 SqFt Residential Income MLS® # 1064913

Realty One of New Mexico

$250,000

324 Rhode Island Street Ne, Albuquerque

2 Beds 1 Bath 2,400 SqFt Residential Income MLS® # 1073744

Three Sons Property Mgmt.

$270,000

↓ $5,000

908 Sellers Drive Ne, Albuquerque

2 Beds 2 Baths 1,110 SqFt Residential Income MLS® # 1070869

Realty One Group Concierge

$274,000

610 San Pedro Drive Se, Albuquerque

1 Bed 1 Bath 1,600 SqFt Residential Income MLS® # 1075218

DBI Real Estate LLC

$274,900

↓ $10,000

421 Texas Street Ne, Albuquerque

1 Bed 1 Bath 1,150 SqFt Residential Income MLS® # 1074342

Realty One of New Mexico

$285,000

316 Rhode Island Street Ne, Albuquerque

2 Beds 1 Bath 2,511 SqFt Residential Income MLS® # 1074007

Keller Williams Realty

$285,000

320 Rhode Island Street Ne, Albuquerque

2 Beds 1 Bath 2,511 SqFt Residential Income MLS® # 1074008

Keller Williams Realty

$285,000

707 12th Street Nw, Albuquerque

0 Beds 1 Bath 2,015 SqFt Residential Income MLS® # 1073869

NM Apartment Advisors, Inc.

New

$289,000

2620 Dakota Street Ne, Albuquerque

4 Beds 2 Baths 1,590 SqFt Residential Income MLS® # 1076375

Realty One of New Mexico

$300,000

↓ $20,000

412 Tennessee Street Ne, Albuquerque

1 Bed 1 Bath 1,367 SqFt Residential Income MLS® # 1067288

Realty One Group Concierge

$300,000

↓ $50,000

204 Espanola Street Ne, Albuquerque

2 Beds 1 Bath 1,897 SqFt Residential Income MLS® # 1072975

Colliers International

$309,000

↓ $10,000

501 Kentucky Street Se, Albuquerque

1 Bed 1 Bath 0 SqFt Residential Income MLS® # 1073419

Berkshire Hathaway NM Prop

$309,000

↓ $10,000

502 Ne Frontage Road, Polvadera

0 Beds 1 Bath 2,090 SqFt Residential Income MLS® # 1066512

EXP Realty LLC

$315,000

↓ $10,000

400 63rd Street Nw, Albuquerque

2 Beds 1 Bath 1,800 SqFt Residential Income MLS® # 1069425

Coldwell Banker Legacy

New

$325,000

5901 Open Sky Drive Nw, Albuquerque

3 Beds 2 Baths 1,377 SqFt Residential Income MLS® # 1076276

Hive Real Estate Collective

$329,900

↓ $20,000

213 63rd Street Nw, Albuquerque

4 Beds 4 Baths 2,160 SqFt Residential Income MLS® # 1056742

T & C Management, LLC

$335,000

6804 Cochiti Road Se, Albuquerque

3 Beds 2 Baths 0 SqFt Residential Income MLS® # 1075195

EXP Realty LLC

$335,000

6802 Cochiti Road Se, Albuquerque

1 Bed 1 Bath 0 SqFt Residential Income MLS® # 1075200

EXP Realty LLC

$335,000

N/A, Albuquerque

2 Beds 1 Bath 1,377 SqFt Residential Income MLS® # 1071437

Coldwell Banker Legacy

$349,000

303 Hazeldine Avenue Sw, Albuquerque

1 Bed 1 Bath 1,498 SqFt Residential Income MLS® # 1071635

Coldwell Banker Legacy

$350,000

↓ $25,000

N/A, Corrales

2 Beds 1 Bath 3,009 SqFt Residential Income MLS® # 1074703

Keller Williams Realty

$359,900

↓ $15,100

412 Harvard Drive Se, Albuquerque

3 Beds 2 Baths 1,450 SqFt Residential Income MLS® # 1069808

Keller Williams Realty

$360,000

933 Louisiana Boulevard Se, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1076060

HomeSmart Realty Pros

$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

N/A, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1063328

Realty One of New Mexico

$374,000

525 Valencia Drive Se, Albuquerque

2 Beds 1 Bath 2,400 SqFt Residential Income MLS® # 1075146

DBI Real Estate LLC

New

$375,000

415 Grove Street Se, Albuquerque

1 Bed 1 Bath 2,900 SqFt Residential Income MLS® # 1076183

Realty One of New Mexico

$375,000

421 California Street Se, Albuquerque

2 Beds 1 Bath 2,400 SqFt Residential Income MLS® # 1059737

Keller Williams Realty

$375,000

508 Alcazar Street Se, Albuquerque

2 Beds 1 Bath 2,870 SqFt Residential Income MLS® # 1069385

Keller Williams Realty

$375,000

537 Dallas Street Se, Albuquerque

2 Beds 1 Bath 2,861 SqFt Residential Income MLS® # 1075852

The Villarealty Group

$375,000

424 Georgia Street Se, Albuquerque

2 Beds 1 Bath 3,200 SqFt Residential Income MLS® # 1075885

Caruso Realty, LLC

$375,000

428 Georgia Street Se, Albuquerque

2 Beds 1 Bath 3,200 SqFt Residential Income MLS® # 1075887

Caruso Realty, LLC

$379,000

↓ $20,000

241 Charleston Street Ne, Albuquerque

2 Beds 1 Bath 2,927 SqFt Residential Income MLS® # 1069212

R1 Commercial

$389,500

↓ $15,500

4514 Zuni Road Se, Albuquerque

2 Beds 1 Bath 1,835 SqFt Residential Income MLS® # 1073358

Unica Real Estate LLC

$398,900

↓ $100

1119 Edith Boulevard Ne, Albuquerque

4 Beds 2 Baths 2,394 SqFt Residential Income MLS® # 1068165

Realty One of New Mexico

New

$399,000

232 Espanola Street Ne, Albuquerque

2 Beds 1 Bath 2,049 SqFt Residential Income MLS® # 1076193

Realty One of New Mexico

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CONTACT US (505) 886-1432