$475,000

309 Princeton Drive SE, Albuquerque, NM 87106

2 beds |
1 bath |
2,476 sqft

Multi-Family Home
Built in 1926
6,970sqft lot
—— car garage
$192/sqft
Listed 19 days ago

Property Description

Fantastic Investment Opportunity in the Highly Desirable UNM Area! This unique property features a 2-bedroom, 1-bath main house plus a separate duplex located behind the home--each unit offering 2 bedrooms and 1 full bath. The duplex is currently rented to reliable, long-term tenants, providing immediate income potential. The main house is ready for renovation with an unfinished kitchen and areas of uneven flooring--perfect for investors or buyers looking to customize and add value. Located just minutes from UNM, Nob Hill, shopping, restaurants, and entertainment, this property offers incredible potential in one of Albuquerque's most sought-after neighborhoods. Cash or rehab loan only. Property sold as-is. Don't miss this opportunity to own an income-producing property with tons of upside!

Listing Status:: Active
Date Added:: October 16, 2025 at 05:00AM
Listing Office:: Coldwell Banker Legacy : (505) 828-1000
Listing Agent:: Stacy A. Ross : (505) 573-1448
MLS ID:: 1093042

Appliances: Free-Standing Electric RangeRefrigerator
Flooring: CarpetTile
A/C: Evaporative Cooling
Heating: OtherSee Remarks
Eco/Green Feature: None

General: 1

Originating MLS: SWMLS_SWMLS
County: Bernalillo

Zoning: 1-016-057-173-140-3-16-09

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Source: SWMLS_SWMLS

This listing courtesy of Stacy A. Ross, Coldwell Banker Legacy

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Monte Vista Elementary School

3211 Monte Vista Blvd NE, Albuquerque, NM, 87106

Grades KG-5

0.54 miles away

Jefferson Middle School

712 Girard Blvd NE, Albuquerque, NM, 87106

Grades 6-8

0.84 miles away

College and Career High School

525 Buena Vista Dr SE, Albuquerque, NM, 87106

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.