313-315 Iron Ave SW
313 Iron Ave SW and, 315 Iron Ave SW Albuquerque, NM 87102

Overview
Explore an exceptional investment opportunity at this 5,603 SF building on 313-315 Iron Ave. SW. With 9 units and 100% occupancy, this property offers a highly desirable multifamily investment in the vibrant Albuquerque market. The functional building layouts, along with the MX-L zoning, present a strong potential for a low-rise/garden-style property transformation. Situated in a good downtown location, this property is well-positioned to leverage the strong market for multifamily properties in the area. With the buildings in fair condition, investors have the opportunity to enhance and unlock the full potential of this prime real estate asset.
Great downtown location
Amazing patio/outdoor area
Functional building layouts
Buildings are in good condition
Strong market for multifamily properties
Attachments
For Sale
- Sale Price
- $1,000,000
- Price Per SF
- $178.5/SF
- Building Size
- 5,603 SF
- Acres
- 0.241 ac
- Zoning
- MX-L
- Zoning Description
- Low Intensity
- Sale Terms
- Cash to Seller
- Submarket
- Downtown
- Nearest MSA
- Albuquerque
- Property Status
- Existing
- Total Units
- 9
- County
- Bernalillo
- Created
- 2025-05-29
- Updated
- 2025-06-10
- Listing ID
- 68f7c53b
- Parcel APN
- 101405715425820506