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2104 Lead Avenue Se, 
Albuquerque, NM 87106

$619,887

1

Bed

2

Baths

2,670

Sq Ft

Multi-Family

Active

Listed by

Todd D Clarke

, 

Kyle E Deacon

Nm Apartment Advisors, Inc.

, 

Deacon Property Services

505-440-8633

Last updated:

May 29, 2026, 01:33 PM

MLS#

1104393

Source:

NM SWMLS

About This Home

2104 Lead Avenue Se

This is an excellent opportunity to own a quality UNM Area 8 unit apartment complex. Fantastic central location just blocks to CNM, UNM, Presbyterian Hospital, I-25, Nob Hill, and Roosevelt Park. This unique compound offers fluid access from Lead and a clean / well-traveled alley to the south. Ample parking is right next to unit entries. The property consists of six studios in a 3 story building and two 1 bedroom apartments in a single story duplex. Buildings have been updated for energy efficiency and resident comfort. Metrics of investment performance at the ask price of $619,887 and with average rent at $750 include a price per sf of $232, a price per unit of $77,846, a GRM of 8.61, cap rate of 6.54% and an after-tax internal rate of return of 17.1%.

Home Facts

Multi-Family

2 Baths

1 Bedroom

Built in 1936

Price Summary

619,887

$232 per Sq. Ft.

MLS #:

1104393

Last Updated:

May 29, 2026, 01:33 PM

Added:

2 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

2,670 Sq. Ft.

Structure

Structure

Building Area:

2,670 Sq. Ft.

Year Built:

1936

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$619,887

Price per Sq. Ft:

$232 per Sq. Ft.

Source:NM SWMLS
The information being provided by Greater Albuquerque Aor/Southwest Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Albuquerque Aor/Southwest Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.