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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$349,900

↓ $25,100

209 Texas Street Ne, Albuquerque

7 Beds 4 Baths 2,650 SqFt Residential Income MLS® # 1104238

MORE Realty, Inc

$349,900

1407,1409 Hazeldine Avenue Se, Albuquerque

2 Beds 2 Baths 1,407 SqFt Residential Income MLS® # 1106955

Campbell & Campbell Real Estat

$349,900

211 Texas Street Ne, Albuquerque

6 Beds 4 Baths 2,500 SqFt Residential Income MLS® # 1108757

MORE Realty, Inc

$350,000

↓ $10,000

123 General Arnold Street Ne, Albuquerque

4 Beds 4 Baths 3,060 SqFt Residential Income MLS® # 1099819

Keyway Properties, Inc

$360,000

↓ $15,000

5201 Grande Drive Nw, Albuquerque

5 Beds 2 Baths 1,898 SqFt Residential Income MLS® # 1109136

EXP Realty LLC

$365,000

126 Altez Street Ne, Albuquerque

6 Beds 3 Baths 3,072 SqFt Residential Income MLS® # 1107596

Keyway Properties, Inc

$369,000

520 Iron Avenue Se, Albuquerque

2 Beds 2 Baths 1,528 SqFt Residential Income MLS® # 1106262

EXP Realty LLC

$375,000

↓ $10,000

521 Palomas Drive Se, Albuquerque

6 Beds 4 Baths 0 SqFt Residential Income MLS® # 1100328

EXP Realty, LLC

$379,900

↓ $5,000

158 Independence Avenue, Las Vegas

7 Beds 4 Baths 3,515 SqFt Residential Income MLS® # 1100794

Southwest Elite Real Estate

$379,900

↓ $15,100

538 Ortiz Drive Se, Albuquerque

6 Beds 3 Baths 3,360 SqFt Residential Income MLS® # 1106770

Southwest Property Exchange

$379,900

↓ $15,100

540 Ortiz Drive Se, Albuquerque

6 Beds 3 Baths 3,360 SqFt Residential Income MLS® # 1106771

Southwest Property Exchange

$383,500

↓ $3,500

805 Ortiz Drive Se, Albuquerque

4 Beds 4 Baths 2,574 SqFt Residential Income MLS® # 1098651

LPT Realty

$389,000

140 General Arnold Street Ne 1-4, Albuquerque

2 Beds 1 Bath 3,000 SqFt Residential Income MLS® # 1108604

LPT Realty

$389,160

512 Mesilla Street Se, Albuquerque

8 Beds 4 Baths 2,700 SqFt Residential Income MLS® # 1109467

Deacon Property Services

$389,900

1805 Alvarado Drive Ne, Albuquerque

4 Beds 3 Baths 1,921 SqFt Residential Income MLS® # 1108750

MJC Realty

$390,000

↓ $35,000

1512 &1510 3rd Street Nw, Albuquerque

2 Beds 2 Baths 573 SqFt Residential Income MLS® # 1100691

Lucero Realty

$390,000

508 Indiana Street Se, Albuquerque

8 Beds 4 Baths 3,267 SqFt Residential Income MLS® # 1107598

Keyway Properties, Inc

$395,000

525 Valencia Drive Se, Albuquerque

2 Beds 1 Bath 2,320 SqFt Residential Income MLS® # 1107946

DBI Real Estate LLC

$398,500

902 Edith Boulevard Ne, Albuquerque

3 Beds 2 Baths 2,435 SqFt Residential Income MLS® # 1099848

RE/MAX SELECT

$399,000

4843 Highway 314 Sw, Los Lunas

3 Beds 2 Baths 1,544 SqFt Residential Income MLS® # 1101993

LPT Realty

$399,000

↓ $15,000

215 Madison Street Ne, Albuquerque

4 Beds 2 Baths 1,656 SqFt Residential Income MLS® # 1105886

Coldwell Banker Legacy

$399,000

308 Charleston Street Ne, Albuquerque

4 Beds 4 Baths 0 SqFt Residential Income MLS® # 1108328

EXP Realty, LLC

$409,990

↓ $15,800

6817 Cleary Loop Ne, Rio Rancho

4 Beds 3 Baths 1,994 SqFt Residential Income MLS® # 1091483

Realty One of New Mexico

$410,000

↓ $5,000

3513 Crest Avenue Se, Albuquerque

6 Beds 4 Baths 2,280 SqFt Residential Income MLS® # 1106390

Coldwell Banker Legacy

$415,000

↓ $10,000

1808 Marble Avenue Nw, Albuquerque

4 Beds 2 Baths 1,736 SqFt Residential Income MLS® # 1101451

Equity Real Estate

$415,000

205 General Stilwell Street Ne, Albuquerque

5 Beds 3 Baths 3,120 SqFt Residential Income MLS® # 1108485

Trinity Apartment Company LLC

$415,000

209 General Stilwell Street Ne, Albuquerque

5 Beds 3 Baths 3,120 SqFt Residential Income MLS® # 1108513

Trinity Apartment Company LLC

$417,000

612 N 3rd Street, Belen

4 Beds 4 Baths 2,005 SqFt Residential Income MLS® # 1080234

Coba Investment Company

New

$420,000

536 Palomas Drive Se, Albuquerque

4 Beds 2 Baths 3,136 SqFt Residential Income MLS® # 1110498

EXP Realty LLC

New

$420,000

532 Palomas Drive Se, Albuquerque

8 Beds 4 Baths 3,136 SqFt Residential Income MLS® # 1110497

EXP Realty LLC

New

$420,000

632 Alcazar Street Se, Albuquerque

3 Beds 2 Baths 2,451 SqFt Residential Income MLS® # 1110499

EXP Realty LLC

New

$420,000

525 Kentucky Street Se, Albuquerque

4 Beds 4 Baths 2,581 SqFt Residential Income MLS® # 1110539

EXP Realty LLC

New

$420,000

521 Kentucky Street Se, Albuquerque

2 Beds 2 Baths 2,581 SqFt Residential Income MLS® # 1110540

EXP Realty LLC

New

$420,000

630 Alcazar Street Se, Albuquerque

5 Beds 3 Baths 2,451 SqFt Residential Income MLS® # 1110555

EXP Realty LLC

$423,000

↓ $17,000

4017 Thaxton Avenue Se, Albuquerque

4 Beds 3 Baths 2,264 SqFt Residential Income MLS® # 1097572

1 Percent Lists NM Realty

$425,155

217 General Stilwell Street Ne, Albuquerque

7 Beds 4 Baths 3,200 SqFt Residential Income MLS® # 1109537

Maestas Real Estate Services

$430,000

510 Mesilla Street Se 1-4, Albuquerque

2 Beds 1 Bath 2,700 SqFt Residential Income MLS® # 1109913

Realty One of New Mexico

$435,000

1100 Dartmouth Drive Ne, Albuquerque

3 Beds 3 Baths 1,849 SqFt Residential Income MLS® # 1109873

Keller Williams Realty

$444,272

616 & 618 Mesilla Street Se, Albuquerque

2 Beds 4 Baths 2,218 SqFt Residential Income MLS® # 1108479

Trinity Apartment Company LLC

$449,900

1505 -1507 1/2 Marble Avenue Nw, Albuquerque

2 Beds 2 Baths 1,726 SqFt Residential Income MLS® # 1108634

Keller Williams Realty

$449,900

1131 Louisiana Boulevard Se, Albuquerque

8 Beds 4 Baths 1,750 SqFt Residential Income MLS® # 1109343

The Lovely Home Company

$450,000

303 Eaton Avenue, Socorro

3 Beds 2 Baths 4,023 SqFt Residential Income MLS® # 1099752

Realty One of New Mexico

$450,000

2104 Lead Avenue Se, Albuquerque

1 Bed 2 Baths 2,670 SqFt Residential Income MLS® # 1104393

NM Apartment Advisors, Inc.

$450,000

501 S Avenue G, Portales

2 Beds 1 Bath 4,872 SqFt Residential Income MLS® # 1104787

NAI SunVista Commercial RE

$459,990

↑ $5,000

6704 Zachary Road Ne, Rio Rancho

3 Beds 3 Baths 0 SqFt Residential Income MLS® # 1091498

Realty One of New Mexico

$465,000

↓ $15,000

1609 Lundy Lane Sw, Albuquerque

5 Beds 2 Baths 2,766 SqFt Residential Income MLS® # 1106694

EXP Realty LLC

$469,000

528 Alvarado Drive Se, Albuquerque

8 Beds 4 Baths 3,640 SqFt Residential Income MLS® # 1104528

Realty One of New Mexico

$479,900

↓ $5,000

11009 Towner Avenue Ne, Albuquerque

6 Beds 4 Baths 3,080 SqFt Residential Income MLS® # 1102912

RE/MAX SELECT

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CONTACT US (505) 886-1432