About 426 Towner Avenue Nw
Turnkey 6-plex in Albuquerque's Near North Valley--three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the case: CAP 6.06%, GRM 9.53, IRR 13.40% (per owner's pro forma). Rent/unit under $100k, under most comps. Each unit is separately metered for gas and electric. Close to employment, transit, and amenities, this location supports steady demand and market-rate rent growth. A great price for $34,214 NOI--ideal for investors seeking reliable cash flow with low day-to-day involvement.
Features of 426 Towner Avenue Nw
| MLS® # | 1095527 |
|---|---|
| Price | $565,000 |
| Original Price | $565,000 |
| Price Per Sq.Ft. | $177.06 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Square Footage | 3,191 |
| Acres | 0.24 |
| Year Built | 1946 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 426 Towner Avenue Nw |
|---|---|
| Area | 101 - Near North Valley |
| Subdivision | Towner Add |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87102 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile, Vinyl |
|---|---|
| Appliances | Free-Standing Gas Range, Range Hood |
| Heating | Wall Furnace |
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Construction | Block, Frame |
|---|---|
| Builder | unknown |
Additional Information
| Date Listed | December 10th, 2025 |
|---|---|
| Days on Market | 267 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Conventional, FHA, VA Loan |
| Current Taxes | $2,181 |
Listing Details
| Office | Weichert, Realtors Image |
|---|