2129 Edna NW presents a rare opportunity to acquire a six-unit multifamily property in immediate proximity to Albuquerque's historic Old Town Plaza. This walkable infill location places the asset steps from over 100 retail and restaurant establishments, as well as Sawmill Market, museums, and major cultural amenities.The property consists of six one-bedroom units totaling approximately 3,850 square feet on A+/-0.19 acres. It is being offered at $351,204, representing an attractive basis of approximately $58,500 per unit within a highly desirable submarket.The asset has been family-held for decades and requires substantial renovation. Current average rents are approximately $638 per unit, producing a modest in-place return. However, the investment thesis centers on repositioning.
For sale
$351,204
Albuquerque, NM 87104
2beds
1baths
3,852sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$91/sqft
$-- HOA
What's special
Six one-bedroom units
- 18 days |
- 640 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: March 21, 2026 at 01:37pm
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc. 505-440-8633,
Anita Maestas 505-463-3565,
Maestas Real Estate Services
Source: SWMLS,MLS#: 1099257
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central
Cooling
- Evaporative Cooling, Multi Units
Appliances
- Included: Refrigerator
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 3,852
- Total interior livable area: 3,852 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.44 Acres
Details
- Parcel number: 101305806636021289
- Zoning description: R-1A*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: Net Meter
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Storage Facilities
- Subdivision: Recent replat, see listing broker
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $91/sqft
- Annual tax amount: $614
- Date on market: 3/4/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional
- Total actual rent: 3828
- Tenant pays: Electricity, Gas, Sewer, Water, All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listed for sale | $351,204$91/sqft |
Source:  SWMLS #1099257 Report a problem | ||
| 1/26/2012 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $615 -3% | $11,499 |
| 2024 | $634 -0.3% | $11,499 |
| 2023 | $636 | $11,499 |
| 2022 | -- | $11,499 |
| 2021 | $625 | $11,499 |
| 2020 | $625 | $11,499 |
| 2019 | -- | $11,499 |
| 2018 | $609 -2.5% | $11,499 |
| 2017 | $625 +1.2% | $11,499 |
| 2016 | $617 -94.6% | $11,499 |
| 2015 | $11,499 +1804.9% | $11,499 |
| 2014 | $604 | $11,499 |
BuyAbility℠ payment
Est. payment
$2,063/mo
Principal & interest
$1811
Property taxes
$252
More affordability tools
Climate risks
Neighborhood: West Old Town
Getting around
41 / 100
Some TransitNearby schools
GreatSchools rating
- 6/10Reginald Chavez Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 2.1 mi
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