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Rare opportunity to acquire such a unique and charming UNM area 4-plex with such an exceptional UNM area location - close to Roosevelt Park, CNM, UNM Hospital, Downtown, & just 2 blocks to Presbyterian Hospital. Recent property upgrades include a newer roof, thermal windows, updated electrical service, zoned mini-split heating and cooling in all units, and quality contemporary finishes across all four apartments. Each apartment features a very distinct floor plan with unique artistic touches and amenities throughout. You'll also find additional value-add opportunities by capitalizing on creating more common and private yard spaces or adding additional apartments.Large lot offers tons of great off-street parking and access options (off both the alley and Lead Ave) and potential for additional units. Detached garage is separately metered for electric and packs a lot of higher use potential too.

Highlights

  • Residential Income
  • Quadruplex
  • Built in 1935
  • 0.21 Acre Lot
  • 111 days on Market

  • Bedrooms
    3
  • Year Built
    1935
  • Stories
    2.0
  • Construction Materials
    Frame, Stucco
  • Living Area
    2038.0
  • Interior Features
    Ceiling Fan(s)
  • Appliances
    Dryer, Refrigerator, Washer, Free-Standing Gas Range
  • Flooring
    Tile, Vinyl, Concrete, Wood
  • Cooling
    Ductless, Ceiling Fan(s)
  • Heating
    Ductless, Electric, Zoned
  • Basement
    Finished

  • Acres
    0.21
  • Utilities
    Cable Available, Natural Gas Available, Cable Connected, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected


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Frequently Asked Questions

How do I schedule a tour of 1920 Lead 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 1920 Lead 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 1920 Lead Ave?

Click Ask a Question to talk with our team. You already know it is a 3 bed, N/A bath, listed for $546,500. 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 much is the monthly mortgage payment for 1920 Lead 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 1920 Lead Ave at around $3,451. 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 1920 Lead 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 1920 Lead Ave?

In most cases, yes. Whether 1920 Lead 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 1920 Lead 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 $546,500 with 2,038 sqft of space—that comes out to approximately $268 per square foot.

How long has this property been on the market?

1920 Lead Ave was listed on July 22, 2026, which means it's been on the market for 111 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 1935, making it approximately 91 years old.

What is the lot size of this property?

1920 Lead Ave sits on a 0.21-acre lot, which is 9,148 square feet.

What are the property taxes for 1920 Lead Ave?

The most recent public record shows annual property taxes for 1920 Lead Ave were approximately $4,095. 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 1920 Lead 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 10, 2026 at 06:01AM | Source: Southwest MLS (Greater Albuquerque Association of REALTORS) | MLS#: 1107834