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Fourplex ideally located near the University of New Mexico (UNM), UNM Hospital, and Presbyterian Hospital, this beautifully updated property offers an exceptional opportunity for investors seeking a well-maintained multifamily property. The property features a desirable unit mix of three spacious 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, with an average unit size of approximately 776 square feet. All four units have been updated, offering updated living spaces designed to appeal to today's rental market. Significant recent capital improvements include water heaters, heating systems, cooling units, and electrical upgrades, providing added value and helping reduce potential near-term maintenance expenses. Conveniently located near major employment centers, educational institutions, healthcare facilities, shopping, dining, and transportation corridors, this property is well-positioned to attract a broad pool of prospective tenants. The seller is open to considering owner financing.

Highlights

  • Residential Income
  • Quadruplex
  • Built in 1940
  • 0.09 Acre Lot
  • 12 days on Market

  • Bedrooms
    5
  • Year Built
    1940
  • Stories
    2.0
  • Construction Materials
    Frame, Stucco
  • Living Area
    3105.0
  • Appliances
    Refrigerator, Free-Standing Electric Range, Free-Standing Gas Range
  • Flooring
    Vinyl, Carpet
  • Cooling
    Ductless
  • Heating
    Ductless

  • Acres
    0.09
  • Lot Features
    Landscaped
  • Utilities
    Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected


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Frequently Asked Questions

How do I schedule a tour of 1502 Gold Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1502 Gold Ave.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1502 Gold Ave?

Click Ask a Question to talk with our team. You already know it is a 5 bed, N/A bath, listed for $553,865. We can talk through recent upgrades, potential seller motivation, how this quadruplex compares to others in Albuquerque, and can even get you in to see the property quickly.

How do I get a virtual tour of 1502 Gold Ave?

Yes! A virtual tour is available for 1502 Gold Ave. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 1502 Gold Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1502 Gold Ave at around $3,632. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1502 Gold Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Bernalillo County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1502 Gold Ave?

In most cases, yes. Whether 1502 Gold Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Albuquerque's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1502 Gold Ave?

We can handle that for you. Our preferred local agent specializes in residential incomes in Albuquerque and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $553,865 with 3,105 sqft of space—that comes out to approximately $178 per square foot.

How long has this property been on the market?

1502 Gold Ave was listed on November 01, 2026, which means it's been on the market for 12 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1940, making it approximately 86 years old.

What is the lot size of this property?

1502 Gold Ave sits on a 0.09-acre lot, which is 3,920 square feet.

What are the property taxes for 1502 Gold Ave?

The most recent public record shows annual property taxes for 1502 Gold Ave were approximately $5,767. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1502 Gold Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

Last Updated: November 13, 2026 at 10:05AM | Source: Southwest MLS (Greater Albuquerque Association of REALTORS) | MLS#: 1113515