About 2104 Lead Avenue Se
This is an excellent opportunity to own a quality UNM Area 8 unit apartment complex. Fantastic central location just blocks to CNM, UNM, Presbyterian Hospital, I-25, Nob Hill, and Roosevelt Park. This unique compound offers fluid access from Lead and a clean / well-traveled alley to the south. Ample parking is right next to unit entries. The property consists of six studios in a 3 story building and two 1 bedroom apartments in a single story duplex. Buildings have been updated for energy efficiency and resident comfort. Metrics of investment performance at the ask price of $619,887 and with average rent at $750 include a price per sf of $232, a price per unit of $77,846, a GRM of 8.61, cap rate of 6.54% and an after-tax internal rate of return of 17.1%.
Features of 2104 Lead Avenue Se
| MLS® # | 1104393 |
|---|---|
| Price | $619,887 |
| Original Price | $619,887 |
| Price Per Sq.Ft. | $232.17 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Square Footage | 2,670 |
| Acres | 0.16 |
| Year Built | 1936 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 2104 Lead Avenue Se |
|---|---|
| Area | 40 - UNM |
| Subdivision | Buena Vista Heights Add |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87106 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet Free, Vinyl |
|---|---|
| Appliances | Refrigerator |
| Heating | Wall Furnace |
| Cooling | Ductless |
| Fireplace | No |
| # of Stories | 3 |
| Stories | Three Or More |
Exterior
| Construction | Frame, Stucco |
|---|---|
| Builder | Unknown |
Additional Information
| Date Listed | May 29th, 2026 |
|---|---|
| Days on Market | 98 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Conventional |
| Current Taxes | $1,941 |
Listing Details
| Office | NM Apartment Advisors, Inc. |
|---|