Map of Property

511 Spruce Street SE

For Sale

511 Spruce Street SE, Albuquerque, NM 87106

This Albuquerque property for sale is located at 511 Spruce Street SE. The current listed sale price for 511 Spruce Street SE is $850,000. 511 Spruce Street SE is situated on a lot that is 0.31 acre in size.

Contacts

Luke Scarpa

NAI SunVista

Property Details

  • Property Type Multi-Family
  • Property Size 3,749 SF
  • Units 6
  • Lot Size 0.31 Acre
  • Cap Rate % 7.28
  • Zoning R-T
  • Date Updated Jun 19, 2026
  • 100% occupied with established in-place cash flow
  • Four Fully Furnished Units
  • 5 completely renovated units
  • Renovations include: New roofs, new heating and cooling systems, exterior paint/stucco, new appliances, flooring, and paint
  • Unit Mix Supports Diverse Rental Demand
  • Strong historical occupancyand income performance as fully furnished rentals
  • Strong Historical Occupancy
  • Close proximity to UNM & Presbyterian Hospitals, UNM & CNM campuses, Kirtland Air Force Base and Downtown Workforce
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 61/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 65/100

    Bike Score ®

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Location

  • City Albuquerque, NM
  • Neighborhood Sycamore
  • Zip Code 87106
  • Market Albuquerque

Points of Interest

  • Africa Train Station

    1.53 miles

  • Asia Train Station

    1.77 miles

  • Tingley Station

    2.35 miles

  • Aquarium/Garden Station

    2.80 miles

  • Bernalillo County/International Sunport

    3.55 miles

  • Montaño

    4.08 miles

  • Los Ranchos/Journal Center

    6.87 miles

  • Isleta Pueblo

    9.34 miles

  • Sandia Pueblo

    9.40 miles

  • Alon

    0.44 miles

  • Smiths Food and Drug Fuel Center

    0.71 miles

  • Chevron

    0.87 miles

  • Texaco

    0.93 miles

  • Shell

    0.97 miles

  • ChargePoint

    1.15 miles

  • FINA

    1.32 miles

  • Circle K

    1.36 miles

  • Valero

    1.46 miles

  • Tesla Supercharger

    2.43 miles

  • Staff Parking

    0.12 miles

  • Patient and Visitor Parking

    0.23 miles

  • Smith Brasher West Lot

    0.24 miles

  • Smith Brasher East Lot

    0.32 miles

  • Smith Brasher South Lot

    0.34 miles

  • STP Parking

    0.38 miles

  • Ted Chavez Lot

    0.42 miles

  • North Lot

    0.50 miles

  • Student Services Center Lot

    0.50 miles

  • Physical Plant Department Lot

    0.53 miles

  • SpringHill Suites Albuquerque University Area

    0.33 miles

  • Crossroads Motel

    0.35 miles

  • Hotel Parq Central

    0.39 miles

  • Econo Lodge Downtown

    0.43 miles

  • Rodeway Inn

    0.44 miles

  • Knights Inn Albuquerque

    0.45 miles

  • Days Inn by Wyndham Albuquerque Downtown

    0.52 miles

  • Motel 6

    0.67 miles

  • Hilton Garden Inn

    0.75 miles

  • Howard Johnson by Wyndham Albuquerque Midtown

    0.84 miles

  • Smith's

    0.69 miles

  • Stadium Super Market

    0.83 miles

  • La Montanita

    0.83 miles

  • Silver Street Market

    0.97 miles

  • La Montañita Co-op Nob Hill

    1.61 miles

  • Lowes Foods

    1.75 miles

  • Nob Hill Body and Soul Center

    1.88 miles

  • Whole Foods Market

    2.49 miles

  • Sprouts Farmers Market

    2.67 miles

  • Walmart Supercenter

    2.77 miles

Contact Listing Broker
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