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Stephanie Romisher Webb

stephaniewebb034@comcast.net +1(505) 628-0311

Listed by Berkshire Hathaway NM Prop

$ 1,600,000

Est. payment -/mo

Save

Active

615 Iron AVE SW Albuquerque, NM 87102

2 Beds

2 Baths

6,148 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,148 sqft

Price per Sqft $260

MLS Listing ID 1003217

Bedrooms 2

Construction Status To Be Built

HOA Y/N No

Annual Tax Amount $587

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail.

Location

State NM

County Bernalillo

Area 80 - Downtown Area

Interior

Heating Central, Electric, Forced Air

Cooling Refrigerated

Flooring Carpet, Concrete, Tile

Fireplace No

Appliance Built-In Gas Range

Exterior

Community Features Deck/ Porch

Utilities Available Natural Gas Connected

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction Yes

Construction Status To Be Built

Others

Tax ID 101405705927520204

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

SCHOOLSPROPERTIES

Elementary Schools 20

8

Coronado Elementary School

Public | KG - 5
8

Monte Vista Elementary School

Public | KG - 5
6

Horizon Academy West

Public | KG - 6
6

Dolores Gonzales Elementary School

Public | PK - 5
6

Longfellow Elementary School

Public | KG - 5
5

Valle Vista Elementary School

Public | PK - 5
5

Duranes Elementary School

Public | KG - 6
4

Montessori of the Rio Grande

Public | KG - 6
4

Reginald Chavez Elementary School

Public | KG - 5
4

Abq Sign Language Academy

Public | KG - 8
4

Lew Wallace Elementary School

Public | KG - 5
4

Christine Duncans Heritage Academy

Public | KG - 8
3

Cochiti Elementary School

Public | KG - 5
2

Atrisco Elementary School

Public | PK - 5
2

Armijo Elementary School

Public | KG - 5
2

East San Jose Elementary School

Public | PK - 5
1

La Promesa Early Learning

Public | KG - 8
1

Kit Carson Elementary School

Public | PK - 6
1

Eugene Field Elementary School

Public | PK - 5
1

Lowell Elementary School

Public | PK - 5

Middle Schools 11

10

Albuquerque Institute of Math & Science

Public | 6 - 12
6

Jefferson Middle School

Public | 6 - 8
5

John Adams Middle School

Public | 6 - 8
5

Tierra Adentro

Public | 6 - 12
5

La Resolana Leadership

Public | 6 - 8
4

Washington Middle School

Public | 6 - 8
4

Garfield Middle School

Public | 6 - 8
3

Ernie Pyle Middle School

Public | 6 - 8
0

Desert Hills School

Private | 7 - 11
0

Menaul School

Private | 6 - 12
0

Sequoyah

Public | 6 - 12

High Schools 15

10

College and Career High School

Public | 9 - 12
7

Amy Biehl Charter High School

Public | 9 - 12
7

Albuquerque High School

Public | 9 - 12
5

Valley High School

Public | 9 - 12
4

Rio Grande High School

Public | 9 - 12
4

Digital Arts and Technology

Public | 9 - 12
2

Academy of Trades and Tech

Public | 9 - 12
1

New America School

Public | 9 - 12
1

Nuestros Valores Charter

Public | 9 - 12
1

Ace Leadership High School

Public | 9 - 12
1

Gordon Bernell Charter

Public | 9 - 12
0

School on Wheels

Public | 9 - 12
0

School for Integrate

Public | 9 - 12
0

Career Enrichment

Public | 9 - 12
0

Ecademy

Public | 9 - 12

School and business data provided by Attom Data.

Stephanie Romisher Webb

OWNER| QUALIFYING BROKER | License ID: REC-2025-0973

+1(505) 628-0311

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Name

Email*

Phone*

Message

Keldrovia provides administrative contract-to-close transaction coordination services and does NOT provide legal or tax advise.

Stephanie Romisher-Webb is a New Mexico-licensed Real Estate Broker. From time to time, and only when a past or existing client specifically requests her by name, she may represent that client in the purchase or sale of real property.

All other buyers and sellers who inquire through this website may be referred to another licensed real estate brokerage through a broker-to-broker referral arrangement, in accordance with state law.

By submitting this form, you agree that you may be contacted by phone, email, or text regarding transaction coordination services, real estate brokerage services provided by a licensed broker, or broker-to-broker referrals.

Stephanie Romisher Webb

615 Iron AVE SW Albuquerque, NM 87102

Key Details

Location

Interior

Exterior

Building

Others

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615 Iron AVE SW