$695,000
301 Graceland Dr , Albuquerque, NM 87108
- 9
- beds
- 3,335
- sqft
- 1962
- year built
- Status:
- Active
- MLS #:
- 1109351
- Neighborhood:
- Grande Add
- County:
- Bernalillo
- Listed By:
- Julie Turner - Realty One Group Concierge
- Agent Phone:
- (505) 220-9700
- Agent Email:
- julie@rogconcierge.com
Sponsoring Broker: Edward Donovan, Continental Real Estate Group, Inc
Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.
Highlights
- Residential Income
- Multi Family
- Built in 1962
- 0.19 Acre Lot
- 90 days on Market
-
- Bedrooms
- 9
-
- Year Built
- 1962
-
- Stories
- 1.0
-
- Living Area
- 3335.0
-
- Appliances
- Refrigerator, Free-Standing Electric Range
-
- Flooring
- Carpet, Concrete
-
- Cooling
- Evaporative Cooling
-
- Heating
- Forced Air, Central
-
- Acres
- 0.19
-
- Utilities
- Cable Available, Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
-
- Area
- 42 - UNM South
-
- County
- Bernalillo
-
- City
- Albuquerque
-
- Neighborhood
- Grande Add
-
- Zip Code
- 87108
-
Nearby Schools
-
73out of 100
-
77out of 100
-
55out of 100
-
73out of 100
-
57out of 100
-
56out of 100
-
71out of 100
-
99out of 100
-
59out of 100
-
77out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Estimated Value
$831,541
$582,078 - $1,081,003
Source: Constellation Data Labs
Price History
| 08/10/2026 | Listed | $695,000 |
| Source: Southwest MLS (Greater Albuquerque Association of REALTORS) #1109351 | ||
| 02/12/2026 | Off Market | — |
| Source: Southwest MLS (Greater Albuquerque Association of REALTORS) #1098316 | ||
| 01/10/2026 | Off Market | — |
| Source: Southwest MLS (Greater Albuquerque Association of REALTORS) #1096628 | ||
| 06/27/2024 | Off Market | — |
| Source: Southwest MLS (Greater Albuquerque Association of REALTORS) #1065999 | ||
Source: MLS Data
Deed History
| 09/21/2022 | Land Contract | $500,000 |
| 01/27/2012 | Warranty Deed | $0 |
| 06/11/2004 | Contract of Sale | $161,918 |
Source: Public records via Constellation Data Labs
Mortgage History
| 09/21/2022 | Land Contract (Argmt. Of Sale) | $450,000 |
| 06/11/2004 | Seller Carryback / Seller Financing / Seller take-back | $125,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 301 Graceland Dr?
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 301 Graceland Dr.
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 301 Graceland Dr?
Click Ask a Question to talk with our team. You already know it is a 9 bed, N/A bath, listed for $695,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Albuquerque, and can even get you in to see the property quickly.
How do I get a virtual tour of 301 Graceland Dr?
Yes! A virtual tour is available for 301 Graceland Dr. 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 301 Graceland Dr?
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 301 Graceland Dr at around $4,413. 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 301 Graceland Dr?
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 301 Graceland Dr?
In most cases, yes. Whether 301 Graceland Dr 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 301 Graceland Dr?
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 $695,000 with 3,335 sqft of space—that comes out to approximately $208 per square foot.
How long has this property been on the market?
301 Graceland Dr was listed on August 10, 2026, which means it's been on the market for 90 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 1962, making it approximately 64 years old.
What is the lot size of this property?
301 Graceland Dr sits on a 0.19-acre lot, which is 8,276 square feet.
What are the property taxes for 301 Graceland Dr?
The most recent public record shows annual property taxes for 301 Graceland Dr were approximately $5,500. 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 301 Graceland Dr 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 08, 2026 at 08:24PM | Source: Southwest MLS (Greater Albuquerque Association of REALTORS) | MLS#: 1109351