2616 Muriel Street NE

2616 Muriel Street NE, Albuquerque, NM 87112

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Property Information

  • For Sale $490,000
  • Property Type Multi-Family
  • Property Size 3,003 SF
  • Units 4
  • Lot Size 0.17 Acre
  • Cap Rate % 5.95
  • Zoning MX-L
  • Date Updated Jun 22, 2026

Description

$490,000 ($122,500/Unit)

Acquisition Cap Rate: 5.95%

  • Pro forma cap rate: 6.21%
  • Pro forma GRM: 8.67
  • In-place Rents roughly 8.5% below market
  • Roof replaced in 2022
  • In-unit Washer/Dryer hookups
  • Proven Northeast Heights rental market
  • Seller financing available

Contacts

Location

Located at 2616 Muriel Street NE, Albuquerque, NM 87112, this property is part of the Matheson Park neighborhood and Albuquerque market.

  • 86/100 Very Walkable
  • 27/100 Some Transit
  • 76/100 Very Bikeable
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