Newer Construction 3 Level Apts
615-615 Iron Ave SW Albuquerque, NM 87102

Overview
Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail.
For Sale
Secondary Uses: Townhouse
- Sale Price
- $1,600,000
- Price Per SF
- $266/SF
- Building Size
- 6,016 SF
- Acres
- 0.163 ac
- Number of Buildings
- 1
- Floors
- 3
- Year Built
- 2023
- Parking Ratio
- 11 / 1,000
- Submarket
- Downtown
- Property Status
- Existing
- Power Provider
- City - PNM
- Water Provider
- City - ABCWUA
- County
- Bernalillo
- Created
- 2022-08-07
- Updated
- 2025-10-13
- Listing ID
- 370644f4
- Parcel APN
- 101405705927520204

































































