301 Graceland Drive Se, Albuquerque, NM 87108

$850,000
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BEDS9 BATHS SQUARE FEET3,335 MLS#1098316
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGrande Add

Property Description

Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four twobedroom 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. One unit is currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hillneighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long term appreciation.

301 Graceland Drive Se | MLS# 1098316

This multi-family property located at 301 Graceland Drive Se, Albuquerque, NM 87108 is currently listed for sale with an asking price of $850,000. Search Albuquerque real estate on rarnn.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Lot Size: 0.19 Acres
Stories: 1.0
Taxes: $5,500
Year Built: 1962

Amenities

Skylights

Feature Descriptions

Appliances: Free-Standing Electric Range, Refrigerator
Days on Site: 42
Exterior: Frame
Flooring: Carpet, Concrete
Parcel#: 101705721914732905
Units: 5
Utilities: Electricity Connected, Sewer Connected, See Remarks, Water Connected
Window: Skylight(s)

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Phone: (505) 897-1100

Shown By

Agent Name: Randy Arnn
Agent Phone: (505) 480-2555
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 2,597.98 per month $1,891.73 Principal & Interest $458.33 Property Tax $247.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/28/2026. The listing information on this page last changed on 03/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/28/2026 7:07:32 AM EST) or SWMLS (last updated Sat 03/28/2026 6:55:25 AM EST) or Santa Fe MLS (last updated Sat 03/28/2026 12:13:53 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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