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905 Coal Ave SW, Albuquerque, NM, 87102

5beds
4baths
2,457sqft
$500,000
$204price/sqft
$3,174/moest. monthly cost
$126,960/yrincome needed

About This Home

Great investment opportunity in the heart of downtown Albuquerque! This well-located fourplex offers strong income potential with close proximity to downtown amenities, dining, entertainment, and major employment centers. Each unit provides comfortable living spaces, making it appealing to a wide range of tenants. Situated near the Albuquerque BioPark, including the zoo, aquarium, and botanical gardens, this property is ideally positioned for long-term rental demand. Easy access to major roads and public transportation adds to its convenience. Whether you're looking to expand your portfolio or start investing, this fourplex offers location, versatility, and opportunity in one of Albuquerque's most desirable areas.

Getting Around

90
WalkingVery Walkable
48
TransitSome Transit
91
BikeBiker's Paradise

Schools

6/10
4/10
Washington Middle SchoolGrades 6-80.4 mi
3/10
Albuquerque High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1916

Materials

  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Gas Range,Disposal
  • Laundry features: Washer Hookup,Dryer Hookup,In Unit

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Flooring: Tile,Vinyl,Wood

Heating & Cooling

  • Heating features: Ductless,Other
  • Cooling features: Other

Interior Area

  • Total structure area: 2,457
  • Total interior livable area: 2,457 sqft

Property

Details

  • Parcel number: 101305748932311806
  • Zoning description: R-1A*

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,484 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Winter Weather
Hail
Heat Wave
Lightning

FEMA Declared Disasters in Bernalillo County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$118$1,416
Property Taxes $354$4,248
Electricity $174$2,096
Total$3,174$38,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,822/yr
40% on housing$95,220/yr
45% on housing$84,640/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 87102$158
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87102
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-30Listed for sale$529,000
2021-11-22Sold--
2021-10-18Pending sale$475,000
2021-10-11Listed for sale$475,000
2021-09-24Pending sale$475,000
2021-07-17Listed for sale$475,000
2021-07-12Pending sale$475,000
2021-07-01Listed for sale$475,000
2019-12-03Sold--
2019-10-02Pending sale$375,000
2019-09-27Listed for sale$375,000
2016-01-19Sold--
2015-07-17Price change$279,900
2015-02-15Price change$285,000
2015-01-10Listed for sale$270,000
2015-01-10Listing removed$850
2014-12-23Price change$850
2014-12-20Listed for rent$900
2011-11-23Listing removed$100,000
2011-11-08Price change$100,000
2011-09-14Listed for sale$125,000

For Sale by Agent

AgentJonathan M Ortiz
BrokerageSouthwest Elite Real Estate

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