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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$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

$415,000

209 General Stilwell Street Ne, Albuquerque

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

Trinity Apartment Company LLC

$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

↓ $10,000

1808 Marble Avenue Nw, Albuquerque

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

Equity Real Estate

$414,000

↓ $10,000

215 Madison Street Ne, Albuquerque

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

Coldwell Banker Legacy

$410,000

↓ $5,000

3513 Crest Avenue Se, Albuquerque

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

Coldwell Banker Legacy

$399,000

308 Charleston Street Ne, Albuquerque

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

EXP Realty, LLC

$398,500

902 Edith Boulevard Ne, Albuquerque

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

RE/MAX SELECT

$395,000

525 Valencia Drive Se, Albuquerque

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

DBI Real Estate LLC

$390,000

508 Indiana Street Se, Albuquerque

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

Keyway Properties, Inc

$390,000

↓ $35,000

1512 &1510 3rd Street Nw, Albuquerque

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

Lucero Realty

$389,900

1805 Alvarado Drive Ne, Albuquerque

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

MJC Realty

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CONTACT US (505) 886-1432