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About This Home

This 6-bedroom, 3-bathroom residential multi family at 502 Vassar Drive SE in Albuquerque, NM is listed for $495,000 ($201 per sqft). Built in 1946, the home offers 2,457 sqft of living space on a 0.16 acres lot.

Agent Description

Exceptional investment opportunity in the desirable UNM South area! This well-maintained single-story triplex features three 2-bedroom, 1-bath units, each offering durable solid-surface flooring and convenient stackable washer/dryer units. Two units include garage storage, adding value and appeal for tenants.

One unit offers storage rooms. Two of the three units are currently rented, providing immediate income potential, while the remaining unit offers flexibility for owner occupancy or additional rental income. Conveniently located near UNM, downtown, shopping, dining, and major commuter routes, this property is an excellent addition to an investment portfolio or a smart owner-investment opportunity.

Key Features

  • Built in 1946
  • 0.16 acre lot

Property Details

1 story
3 full
1946

Amenities

A/C

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

502 Vassar Drive SE

Albuquerque, NM 87106

University Hts Add

Features & Amenities

Interior Features

CeilingFans

Exterior Features

Patio

Property Details

Flooring

LaminateWood

Construction

Frame Stucco

Pool Features

Patio

Cooling

Ceiling Fan(s)

Appliances

DryerFreeStandingGasRangeMicrowaveRefrigeratorWasher

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 502 Vassar Drive SE is listed at $495,000 ($201/sqft). The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1946, 0.16 acre lot. Interior Features: CeilingFans. Exterior Features: Patio.

This property is listed by Charlene Rockwell and can be reached at 5052200792 or rockwellrealestate505@gmail.com.

CR

Charlene Rockwell

Agent at Coldwell Banker Legacy

(505) 220-0792

Listed by Coldwell Banker Legacy · View on Broker Site

MLS# 1105057· Source: listhub· Updated 20 days ago

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

502 Vassar Drive SE, Albuquerque, NM 87106

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