About 301 Graceland Drive Se
Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.
Features of 301 Graceland Drive Se
| MLS® # | 1109351 |
|---|---|
| Price | $695,000 |
| Original Price | $695,000 |
| Price Per Sq.Ft. | $208.4 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Square Footage | 3,335 |
| Acres | 0.19 |
| Year Built | 1962 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 301 Graceland Drive Se |
|---|---|
| Area | 42 - UNM South |
| Subdivision | Grande Add |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87108 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Concrete |
|---|---|
| Interior Features | Skylights |
| Appliances | Free-Standing Electric Range, Refrigerator |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Windows | Skylight(s) |
|---|---|
| Builder | Unknown |
Additional Information
| Date Listed | August 18th, 2026 |
|---|---|
| Days on Market | 24 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Owner May Carry, Other, See Remarks |
| Current Taxes | $5,500 |
Listing Details
| Office | Realty One Group Concierge |
|---|