About This Home

This 5-bedroom, 4-bathroom multi-family at 124 Princeton Drive SE in Albuquerque, NM is listed for $611,262 ($239 per sqft). Built in 1945, the home offers 2,561 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1945
  • 0.16 acre lot
  • 6 parking spaces

Property Details

1 story
4 full
6 spaces
1945

Amenities

A/C
Listing Description

Imagine owning a property just one block--approximately 200 steps--from the University of New Mexico campus. At the northeast corner of Princeton and Silver, 124 Princeton SE is also near CNM, Nob Hill, restaurants, cafes, microbreweries and local retail.

The location offers residents a walkable connection to the University-area lifestyle.Built in 1945 and renovated from top to bottom in 2019, this distinctive fourplex combines vintage character with modern conveniences. It features a generous two- to three-bedroom main house and three one-bedroom apartments, with thermal windows, mini-split HVAC, updated fixtures, custom tile and preserved original finishes.

Residents enjoy private patios and landscaped walkways, plus off-street parking with a garage and two carports. The main house has its own washer/dryer; the other three units share a laundry room. All units are separately metered for gas and electricity.

Monthly Cost Estimate

$3,269/mo

20% down · 6.5% · 30 years

Principal$442
Interest$2,649
Insurance$178

Estimates only. Actual payments may vary.

Location

124 Princeton Drive SE

Albuquerque, NM 87106

University Heights Addition

Features & Amenities

Interior Features

CeilingFans

Exterior Features

LightingPatio

Property Details

Flooring

VinylWoodTile

Construction

Frame Stucco

Outdoor Features

Patio

Heating

Ductless (Heating)

Cooling

DuctlessCeiling Fan(s)

Appliances

DryerFreeStandingGasRangeRefrigeratorRangeHoodWasher

Questions & Answers

This 5-bedroom, 4-bathroom multi-family at 124 Princeton Drive SE is listed at $611,262 ($239/sqft). The estimated monthly payment is $3,269 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 0.16 acre lot, 6 parking spaces. Interior Features: CeilingFans. Exterior Features: Lighting, Patio.

This property is listed by Kyle E Deacon.

KD

Kyle E Deacon

License 15579

Agent at Deacon Property Services, LLC

Listed by Deacon Property Services, LLC · Broker phone: (505) 878-0100 · View on Broker Site · Broker website

MLS# 1112694· Source: Southwest MLS· 15 days on PropertySimple

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

124 Princeton Drive SE, Albuquerque, NM 87106

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