313 Iron Avenue SW, Albuquerque, NM 87102 (MLS# 1087921)

313 Iron Avenue SW, Albuquerque, NM 87102

$1,000,000

Property Type: Residential Income Square Footage: 5,603 Lot Size (sq. ft.): 10,454 Status: Active

Current Price: $1,000,000 List Date: 7/14/2025 Last Modified: 3/24/2026

Overview

Description

Well kept property that has been in the same family for over 100 years. Call Listing agent for showing. Must give 48 hrs notice.

Listing Details MLS# 1087921

Contract Information

List Price/SqFt: 178.48
Allowance/Concession: No

Location

Street #: 313
Street Name: Iron
St Suffix: Avenue
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
MLS Area Major: 80 - Downtown Area
Zone Atlas: K14

General Property Description

# of Units: 9
5+ Units: Yes
Units for Sale: 9
Property Sub-Type: Multi-Family
Living Area: 5603
SqFt Source: Professional
Apx Lot Dim Front: .24
Lot Size Source: On-Line
Acres: 0.24
Lot SqFt: 10454
Directions: Go West on Iron From Second street.
Stories: 2
Total # of Buildings: 4
Year Built: 1901
Year Built Source: Public Records
Year Built Exception: Unknown
Age: Select One
# Parking Spaces: 10
Accessory Dwelling Unit: No
Disability Access: No
LBP Disclosure: Yes
Builder: Baca
Owner Occupant Unit: No
Multiple Lots: Two
Flood Zone: X

Cooling

Centrally Ducted: No
Evaporative Cooling: Yes

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

More Information

# of Unit Types (1)

# of Units: Yes
# of Bedrooms: 3
# Baths: Yes
Approx. SqFt: 1482
Actual Rent: 2223
Max Rent: 2500
Market Rent: 2500

# of Unit Types (2)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 786
Actual Rent: 1194
Max Rent: 1200
Market Rent: 1200

# of Unit Types (3)

# of Units: 4
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 530
Actual Rent: 795
Max Rent: 800
Market Rent: 800

# of Unit Types (4)

# of Units: 3
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 405
Actual Rent: 605
Max Rent: 700
Market Rent: 700

Unit Summary

Total Units: 9
Average Unit Size: 622.55
Average Actual Rent: 934.66
Annualized: 100944
Total Actual Rent: 8412

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 1014057154258020506

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 4300

Construction Materials

Block: Yes
Stucco: Yes

Amenities

Enclosed Yard: Yes
Outside Lights: Yes

Flooring

Carpet: Yes
Vinyl: Yes

Heating

Central: Yes
Floor Furnace: Yes
Forced Air: Yes
Wall Unit: Yes

Owner Pays

Sewer: Yes
Trash Removal: Yes
Water: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Build Description

Resale: Yes

Appliances included

Built-In Gas Range: Yes

Utilities

Cable Available: Yes

Green Energy Generation

Other: Yes

Electric Provider

Community: Yes

Miscellaneous Info

Package: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Operating Expenses

Call Listing Broker: Yes

Parking

1.5 Spaces Per Unit: Yes

Roof

Composition: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Call Listing Broker: Yes

Source

Broker Provided: Yes

Zoning

MX-L*: Yes

Property Features

Construction Materials: Block; Stucco Build Description: Resale Amenities: Enclosed Yard; Outside Lights Appliances included: Built-In Gas Range Utilities: Cable Available Heating: Central; Floor Furnace; Forced Air; Wall Unit Cooling: Evaporative Cooling Flooring: Carpet; Vinyl Green Energy Generation: Other Electric Provider: Community Miscellaneous Info: Package Metering: Individual Electric; Individual Gas Operating Expenses: Call Listing Broker Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas Parking: 1.5 Spaces Per Unit Roof: Composition Rental Info: Call Listing Broker Finance Considered: Cash; Conventional Source: Broker Provided Zoning: MX-L*

Listing Office: Sperry Van Ness/WACB, Inc.

Last Updated: March - 24 - 2026

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