The NMWelcomeHome Team Blog

Looking For That 1st Investment Property?

Located at 1516 Spence Ave SE Albuquerque, NM 87106 | 2 Bedrooms | 1 Bathroom | 806 sqft.

Fixer-Upper Opportunity with Possible Owner Financing! Owner willing to work with buyer on terms. Make an offer and let's make a deal! Looking for a long-term investment in a thriving area? This property, located just south of UNM, could be your next project. The neighborhood has seen significant development in recent years, including major businesses like Chick-fil-A, Starbucks, Subway, Dion's, and Chili's, all within half a mile. According to the owner, the property features a newer roof (installed within the last five years) and an updated sewer line. It's being sold as-is, where-is, with no repairs provided. Inspections are for buyer's information only. Don't miss this chance to invest in an up-and-coming area!

Call 505-886-1432 today for more information.

Link to photos and more information

Investment Albuquerque Real Estate Listings

• All Listings
• $100,000 - $200,000
• $200,000 - $300,000
• $300,000 - $400,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000
• $800,000 - $900,000
• $900,000 - $1,000,000
• Over $1,000,000

Bedrooms

Bathrooms

Price Range

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$504,852

3403 Anderson Avenue Se, Albuquerque

2 Beds 1 Bath 2,789 SqFt Residential Income MLS® # 1081559

NM Apartment Advisors, Inc.

$500,000

↓ $10,000

3501 Wellesley Drive Ne, Albuquerque

2 Beds 1 Bath 3,336 SqFt Residential Income MLS® # 1087110

Re/Max Exclusive

$499,500

1212 Chelwood Park Boulevard Ne, Albuquerque

2 Beds 1 Bath 3,000 SqFt Residential Income MLS® # 1091994

Congress Realty, Inc

$485,000

711 Lewis Avenue Sw, Albuquerque

3 Beds 2 Baths 0 SqFt Residential Income MLS® # 1082421

Affordable Realty Services Inc

$475,000

↓ $14,000

300 Tulane Drive Se, Albuquerque

3 Beds 2 Baths 2,014 SqFt Residential Income MLS® # 1089947

Realty One of New Mexico

$469,000

↓ $10,000

530 Alvarado Drive Se, Albuquerque

2 Beds 1 Bath 3,400 SqFt Residential Income MLS® # 1087966

Maddox & Co/REALTORS

$450,000

3508-3510 Thaxton Avenue Se, Albuquerque

2 Beds 1 Bath 2,300 SqFt Residential Income MLS® # 1091631

Coldwell Banker Legacy

$450,000

902 Palo Duro Avenue Nw, Albuquerque

3 Beds 1 Bath 1,696 SqFt Residential Income MLS® # 1089601

RE/MAX SELECT

$450,000

12837 Dorado Drive Se, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1088368

Maddox & Co/REALTORS

$450,000

409 57th Street Nw, Albuquerque

3 Beds 2 Baths 2,114 SqFt Residential Income MLS® # 1075041

Realty One of New Mexico

$433,651

512 Mesilla Street Se, Albuquerque

2 Beds 1 Bath 3,000 SqFt Residential Income MLS® # 1077102

NM Apartment Advisors, Inc.

$425,000

510 Mesilla Street Se, Albuquerque

2 Beds 1 Bath 0 SqFt Residential Income MLS® # 1091573

Real Broker, LLC

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CONTACT US (505) 886-1432