- For Sale $351,204
- Property Type Multi-Family
- Property Size 3,850 SF
- Units 6
- Lot Size 0.43 Acre
- Date Updated Mar 19, 2026
Description
NM Apartment Advisors and Maestas Realty Services are honored to bring to
market this cherished, once in a generational opportunity to own a communi
ty that is so close to Oldtown, and the potential to create an intergenera
tional family compound, extended stay furnished suites, or upscale, se
cure long term rentals through redevelopment.
This property is all about an ideal, walkable location at 2129 Edna NW
and just steps away from the historic, old town plaza which contains over
100 retail/restaurant establishments. A short bike ride to the incredible
Sawmill Market food hall and a half dozen museums, zoo’s or bio-parks.
The property features a six two bedroom, one bathroom units with exterior
storage. The property has been held in by the same family for many decades
and is in need of upgrades and renovations. The listing brokers have identi
ed about a quarter million dollars (see page 6) of work that can be done on
this property, which would set the stage for market rents closer to $1,275 and
a potential exit price closer to $978,138
Do not miss out on this once in a lifetime opportunity to own a value add
property in a treasured and historic adjacent location.
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Contacts
New Mexico Apartment Advisors
Location
Located at 2129 Edna Ave NW, Albuquerque, NM 87104, this property is part of the Old Town Albuquerque neighborhood and Albuquerque market.
New Mexico Apartment Advisors