Homes For Sale in University Heights, Albuquerque, NM

UNM Value-Add 4-Plex Investment | Great Owner-Occupant Opportunity!324 Harvard Dr. SE presents an attractive value-add multifamily investment opportunity in Albuquerque's highly desirable University Heights neighborhood. This 4-unit property features a unique layout consisting of a spacious 2-bedroom, 1-bathroom main house with an attached 1-bedroom casita and a freestanding duplex comprised of two additional 1-bedroom units. With current rents below market rates, the property offers approximately 28% potential rental income upside and a projected 6.31% pro forma cap rate. Additional amenities include onsite parking, exterior storage closets, and onsite laundry facilities. Conveniently located near UNM, CNM, major hospitals, and Downtown Albuquerque, this property offers an excellent opportunity for investors seeking rental income growth or owner-occupants looking to offset their housing expenses with additional rental income.

Welcome to a truly special property in a prime location near UNM, where character, thoughtful design, and incredible potential come together. Completely remodeled in 2026, this home offers the possibility of a third bedroom and features new windows, a new roof, stucco, upgraded electrical, new HVAC system with refrigerated air, a mini-split in the sunroom, new appliances, and upgraded finishes throughout. The expansive lot with alley and backyard access creates endless possibilities, whether you envision a garden, workshop, additional living space, multifamily project, or future passive-income opportunity. Located just minutes from UNM, restaurants, shops, and everything you need, this move-in-ready home is truly one of a kind, with baby-blue touches and a personality that sets it apart. A rare opportunity to own a beautifully renovated home with the space and potential to make it your own.

Imagine owning a property just one block--approximately 200 steps--from the University of New Mexico campus. At the northeast corner of Princeton and Silver, 124 Princeton SE is also near CNM, Nob Hill, restaurants, cafes, microbreweries and local retail. The location offers residents a walkable connection to the University-area lifestyle.Built in 1945 and renovated from top to bottom in 2019, this distinctive fourplex combines vintage character with modern conveniences. It features a generous two- to three-bedroom main house and three one-bedroom apartments, with thermal windows, mini-split HVAC, updated fixtures, custom tile and preserved original finishes. Residents enjoy private patios and landscaped walkways, plus off-street parking with a garage and two carports. The main house has its own washer/dryer; the other three units share a laundry room. All units are separately metered for gas and electricity.

INVESTMENT OPPORTUNITY NEAR UNM! This well-positioned fourplex offers an excellent opportunity for investors or owner-occupants seeking income potential in the highly desirable University area. The property features updated units, convenient off-street parking, and a prime location near UNM, CNM, Nob Hill, shopping, dining, and major transportation routes. Updates throughout help provide modern appeal while the four-unit configuration offers multiple income streams. A great opportunity to own a well-located multifamily property in a high-demand rental area. DO NOT DISTURB TENANTS.

Seller is offering $20k Seller Concession toward a Buyer's interest rate buy down. A rare, fully reimagined property near UNM, CNM, UNM Hospital, and Presbyterian! This beautifully renovated home offers exceptional flexibility with a fully updated main residence plus a newly finished casita/ADU -- perfect for multi-generational living, guest quarters, rental income, or investment potential. The main home features new flooring, updated windows, renovated bathrooms, a stylish kitchen with new porcelain countertops, an added 3/4 bath, and a completely finished basement with laundry -- ideal for a home office, game room, studio, workout area, or flex space. Plumbing and electrical have been extensively upgraded to current code standards, and a newer HVAC system was installed for the main home approximately two years ago. The casita includes its own bedroom, 3/4 bath, kitchen, living area, new appliances, and new porcelain countertops. Major improvements have already been completed, including modern finishes, refrigerated air, off-street parking, backyard access for casita parking, and wiring in place for a future EV outlet. With two beautifully finished spaces in one of Albuquerque's most convenient locations, this turnkey property is truly a must-see!

Welcome to 412 Harvard Blvd SE! This versatile property features a 3-bedroom, 2-bath main house plus a detached 1-bedroom, 1-bath casita with a tenant already in place, providing immediate investment income. The property is fully fenced, with the casita enjoying its own separate fenced area for added privacy. Ideally located less than 10 minutes from UNM Hospital and just 3 minutes(0.6 acre) to the UNM main campus, this home offers flexibility--live in the main house while collecting monthly income, or rent out both units as a fantastic investment. Don't miss this incredible opportunity!