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(505) 263-4566
(505) 263-4566 Email (505) 263-4566
Stephen Herkenhoff
REALTOR®, Rio Rancho Vacant Land Specialist
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415 Vassar Drive Se, Albuquerque, NM 87106

$600,000
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  • 415 Vassar Drive Se, Albuquerque, NM 87106 Main Photo

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New to the Market Active
BEDS6 BATHS SQUARE FEET2,940 MLS#1107566
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONUniversity Hts Add
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Property Description

Excellent investment opportunity near UNM! This gated multi-family property features five rental units, including four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Wood and tile floors, no carpet. Amenities include four detached garages and a shared on-site laundry facility, adding convenience and additional value for tenants. Located just minutes from the University of New Mexico, hospitals, shopping, dining, and major commuter routes, this property offers strong rental appeal in a highly desirable area. Whether you're looking to expand your portfolio or invest in Albuquerque's thriving rental market, this income-producing property is one you certainly want to see!

415 Vassar Drive Se | MLS# 1107566

This multi-family property located at 415 Vassar Drive Se, Albuquerque, NM 87106 is currently listed for sale with an asking price of $600,000. Search Albuquerque real estate on sherkenhoff.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s), Ceiling Fan(s)
Heating: Wall Furnace
Lot Size: 0.16 Acres
Stories: 2.0
Taxes: $1,592
Year Built: 1976

Amenities

Ceiling Fan(s)
Landscaping

Feature Descriptions

Appliances: Dryer, Free-Standing Gas Range, Refrigerator, Washer
Community Features: Deck/Porch, Laundry Facilities
Exterior: Frame
Flooring: Carpet Free, Tile, Wood
Parcel#: 101605721005731005
Security: Security Gate
Units: 5
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: Realty One of New Mexico
Agency Phone: (505) 883-9400

Shown By

Agent Name: Stephen Herkenhoff
Agent Phone: (505) 263-4566
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 1,643.01 per month $1,335.34 Principal & Interest $132.67 Property Tax $175.00 Homeowner's Insurance

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Stephen Herkenhoff
Stephen Herkenhoff Office: (505) 892-1000 Cell: (505) 263-4566 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:00:11 AM EST) or SWMLS (last updated Mon 07/20/2026 10:55:40 PM EST) or Santa Fe MLS (last updated Mon 07/20/2026 11:14:02 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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