# 426 Towner Avenue NW, Albuquerque, NM 87102

> **TL;DR:** 6bd/6ba residential multi family, $565,000 ($177/sqft), built 1946, 3,191 sqft.
> A/C. Est. $2,448/mo. Listed 129 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $565,000 |
| Price/sqft | $177 |
| Bedrooms | 6 |
| Bathrooms | 6 full |
| Square Feet | 3,191 |
| Year Built | 1946 |
| Lot Size | 10,454 sqft (0.24 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 129 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,448 |
| **Total** | **$2,448** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1946
- 0.24 acre lot
- 6 parking spaces

## Description

### Agent Description
Turnkey 6-plex in Albuquerque's Near North Valley--three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the case: CAP 6.06%, GRM 9.53, IRR 13.40% (per owner's pro forma). Rent/unit under $100k, under most comps. Each unit is separately metered for gas and electric. Close to employment, transit, and amenities, this location supports steady demand and market-rate rent growth. A great price for $34,214 NOI--ideal for investors seeking reliable cash flow with low day-to-day involvement.

## Location

- **Address:** 426 Towner Avenue NW, Albuquerque, NM 87102
- **County:** Bernalillo
- **Neighborhood:** Towner Add
- **Coordinates:** 35.109719, -106.64794
- **Google Maps:** https://www.google.com/maps?q=35.109719,-106.64794

## Listing Agent

- **Name:** Peter A Cochran
- **Brokerage:** Weichert, Realtors Image
- **Phone:** 5053146181
- **Email:** peter@imagerealtyabq.com

## Primary Photo

![426 Towner Avenue NW - Primary Photo](http://lh.rdcpix.com/4dba497ae8a5f38953a853449c79d0dcl-f3346132935r.jpg)

*49 total photos available on [listing page](https://www.propertysimple.com/listing/426-towner-avenue-nw-albuquerque-nm-87102-1095527)*

---

**MLS#:** 1095527 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/426-towner-avenue-nw-albuquerque-nm-87102-1095527)

---

## Structured Data

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  "description": "Turnkey 6-plex in Albuquerque's Near North Valley--three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the case: CAP 6.06%, GRM 9.53, IRR 13.40% (per owner's pro forma). Rent/unit under $100k, under most comp",
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