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2616 Muriel Street Ne, 
Albuquerque, NM 87112

$500,000


3

Beds


2

Baths


3,003

Sq Ft


Multi-Family

Active

Listed by

Luke Scarpa

Nai Sunvista Commercial Re

505-878-0001

Last updated:

May 20, 2026, 08:43 PM

MLS#

1103865

Source:

NM SWMLS

About This Home

2616 Muriel Street Ne

2616 Muriel St. NE offers investors a strong value-add opportunity with a 5.82% acquisition cap rate and a projected 6.08% pro forma cap rate. Current rents remain approximately 8.5% below market, providing additional upside potential for future ownership. The property features washer/dryer hookups in every unit and benefits from a recently replaced roof in 2022, helping reduce near-term capital expenses. Located in Albuquerque's established Northeast Heights rental market, the property offers stable tenant demand and long-term investment appeal. Seller financing is available.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1978

Price Summary

500,000

$166 per Sq. Ft.

MLS #:

1103865

Last Updated:

May 20, 2026, 08:43 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

3,003 Sq. Ft.


Structure

Structure

Building Area:

3,003 Sq. Ft.

Year Built:

1978


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$500,000

Price per Sq. Ft:

$166 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.