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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$389,160

512 Mesilla Street Se, Albuquerque

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

Deacon Property Services

$389,000

140 General Arnold Street Ne 1-4, Albuquerque

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

LPT Realty

$383,500

↓ $3,500

805 Ortiz Drive Se, Albuquerque

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

LPT Realty

$379,900

↓ $15,100

540 Ortiz Drive Se, Albuquerque

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

Southwest Property Exchange

$379,900

↓ $15,100

538 Ortiz Drive Se, Albuquerque

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

Southwest Property Exchange

$375,000

5201 Grande Drive Nw, Albuquerque

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

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

$369,000

520 Iron Avenue Se, Albuquerque

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

EXP Realty LLC

$365,000

126 Altez Street Ne, Albuquerque

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

Keyway Properties, 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

$349,900

211 Texas Street Ne, Albuquerque

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

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

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CONTACT US (505) 886-1432