46$744,000
3 bd · 3 ba · 2,574 sqft
1720 21st Avenue SE, Albuquerque, NM
Andrew Donald Mathis · Weichert, Realtors Image
Est. $6,766/mo$154/sqft · 95 days on Realty
2
Beds
8
Baths
6,684
Sqft
1980
Built
Prime Multi-Family Investment Opportunity in Rio Rancho!Discover this rare investment consisting of two separately parceled 4-plex buildings offered for sale together. These eight well-maintained 2-bedroom, 1-bath units are currently occupied by long-standing tenants, delivering immediate, stable income with strong upside potential. Located in a high-demand rental market where quality multi-family properties are extremely difficult to find, this portfolio offers a turnkey solution for the savvy investor. The units are clean, functional, and have been thoughtfully cared for, resulting in reliable cash flow and minimal deferred maintenance.Don't miss this exceptional chance to acquire a performing 8-unit asset in one of the area's most desirable locations.
Listing agent
Michael Schlichte
Courtesy of Absolute Real Estate
(505) 318-6264
Southwest MLS (Greater Albuquerque Association of REALTORS) · Listing 1107082
$206,000
Estimated monthly payment
$6,766/mo
Loan amount $824,000. Estimate only — your actual rate and payment depend on credit, location, and lender.
Within 2 miles of this home: 38+ restaurants and cafés, 2 grocery stores, and 11 parks and green spaces.
Place data from OpenStreetMap.
Blake's Lotaburger
Unser Boulevard SE
Little Caesars
Unser Boulevard
Carl's Jr
Unser Boulevard
Panda Express
Chinese restaurant · Unser Boulevard
Wendy's
Unser Boulevard
McDonald's
Hi Boba!
Southern Boulevard SE
Saigon 2 Restaurant
Vietnamese restaurant · Southern Boulevard SE
Walmart Supercenter
Unser Boulevard SE
El Paisano Market Carniceria
Southern Boulevard SE
Star Heights Park
Sugar Park
Sugar Road SE
Western Winds Park
Snead Park
Snead Loop SE
Astante Park
Vista Sandia Park
Parkside Road SE
Cielo Vista Park
Cabezon Park
Cabezon Boulevard SE
School ratings (A+ to F) from HJN community data.
Gospel Light Baptist Academy
KG-12 · Regular
184 students · 9.9:1 student–teacher
St Thomas Aquinas School
PK-8 · Regular
357 students · 15.8:1 student–teacher
Lincoln Middle School
6-8 · Regular · Rio Rancho Public Schools
805 students · 21.6:1 student–teacher
Maggie Cordova Elementary School
KG-5 · Regular · Rio Rancho Public Schools
608 students · 14.7:1 student–teacher
Martin Luther King Jr. Elementary School
KG-5 · Regular · Rio Rancho Public Schools
569 students · 18.1:1 student–teacher
Eagle Ridge Middle School
6-8 · Regular · Rio Rancho Public Schools
732 students · 14.2:1 student–teacher
Puesta del Sol Elementary School
KG-5 · Regular · Rio Rancho Public Schools
539 students · 18.3:1 student–teacher
Rio Rancho High School
9-12 · Regular · Rio Rancho Public Schools
2,568 students · 19.8:1 student–teacher
Rings at ½ mile and 1 mile. Basemap © OpenMapTiles © OpenStreetMap contributors.
Open the Rio Rancho camera map2 speed cameras mapped within ½ mile of this home. Nearest: 0.4 mi northeast.
| Device type | Within ½ mi | Within 1 mi |
|---|---|---|
| License-plate readers | 0 | 2 |
| of which Flock Safety | 0 | 2 |
| Speed cameras | 2 | 2 |
Community-reported via OpenStreetMap; may be incomplete. Data as of . © OpenStreetMap contributors (ODbL)
License-plate readers (ALPR) are fixed cameras that photograph passing vehicles and read their plates. Records are typically shared with the agency or association that operates the camera.
Flock Safety is a company whose plate-reader cameras are used by police departments, cities, HOAs and businesses. Its devices are usually solar-powered and pole-mounted.
Speed cameras photograph vehicles over the speed limit for automated tickets.
This content last refreshed on 2026-10-13 20:40:04 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Southwest MLS (Greater Albuquerque Association of REALTORS)