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

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$495,000

2404 Cunningham Avenue Se, Albuquerque

3 Beds 2 Baths 1,930 SqFt Residential Income MLS® # 1107955

Realty One of New Mexico

$495,000

↓ $15,000

4021 Thaxton Avenue Se, Albuquerque

6 Beds 3 Baths 2,499 SqFt Residential Income MLS® # 1104194

1 Percent Lists NM Realty

$479,995

↓ $4,000

1003 Carlisle Boulevard Se, Albuquerque

4 Beds 3 Baths 2,156 SqFt Residential Income MLS® # 1103320

Deacon Property Services

$479,900

↓ $5,000

11009 Towner Avenue Ne, Albuquerque

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

RE/MAX SELECT

$469,000

528 Alvarado Drive Se, Albuquerque

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

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

$449,900

1131 Louisiana Boulevard Se, Albuquerque

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

The Lovely Home Company

$449,900

1505 -1507 1/2 Marble Avenue Nw, Albuquerque

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

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

New

$435,000

1100 Dartmouth Drive Ne, Albuquerque

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

Keller Williams Realty

$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

$425,155

217 General Stilwell Street Ne, Albuquerque

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

Maestas Real Estate Services

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CONTACT US (505) 886-1432