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313-315 Iron Ave SW

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

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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

For Sale

Multifamily
Other
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

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