Property Type:
Residential Income
Square Footage:
4,805
Lot Size (sq. ft.):
8,015
Status:
Active
Current Price:
$1,012,500
List Date:
10/30/2025
Last Modified:
4/17/2026
Overview
Description
Unique opportunity to own a quality, updated 7 Unit Compound. Welcome to 1003 and 1005 Carlisle SE - a 4-plex and a tri-plex on two separate parcels packaged together. This fully revitalized community is embedded in an area of redevelopment in the Knob Heights Neighborhood - walking distance to Castle Coffee, the Source Community Center, a Community Garden, multiple classic neighborhood parks, and just minutes to UNM, CNM, Kirtland Air Force Base, the Albuquerque International Sunport, and I-25. All seven apartments have been modernized with care and an eye for resident comfort. Classic, well-preserved vintage finishes have been thoughtfully combined with all the right amenities - like in unit washer/ dryers, very private yard spaces, updated fixtures and finishes, and additional storage.
Supplements:
Some units have bonus detached oversized garage spaces and 1005 Carlisle SE has a brand new roof.
The property is ideal for a value-add investor looking to capitalize on furnished / executive rentals to the just-opened Touro College of Dental Medicine, local nearby hospitals, Max Q, The Aviation Center of Excellence, Netflix, and the multitude o
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Some units have bonus detached oversized garage spaces and 1005 Carlisle SE has a brand new roof.
The property is ideal for a value-add investor looking to capitalize on furnished / executive rentals to the just-opened Touro College of Dental Medicine, local nearby hospitals, Max Q, The Aviation Center of Excellence, Netflix, and the multitude of new jobs coming to the Albuquerque Metro's booming south side. Investors with an appetite for bigger projects will especially love the surplus of off-street parking and the potential of the oversized 2 car garage with huge (currently unused) bonus workshop rooms. This detached, separately metered building is teed up to make 1 or 2 additional apartments to complete this special compound.
*While the sellers would prefer to sell the compound together, they will also consider selling each property (a triplex and a 4-plex) separately. Inquire with Listing Broker for more information.
Last Updated: April - 17 - 2026
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