About 3505 Lafayette Drive Ne
At 1300 SF each, all 7 apartments are nicely updated two story two bedroom / one and a half Bathroom townhome style floorplans with well-apportioned rooms, separate large utility rooms (with Washer / Dryer hook ups or washer / dryer included), and giant living areas with woodburning stoves! All kitchens are nicely updated and include dishwashers and electric ranges. All apartments are also separately metered for gas and electric and offer forced central heating. 4 of the 7 apartments have been converted to refrigerated air!Potential upside includes conversion to a condominium community with a large spread between the current price of $135,714 per unit and the average ask price for $242,500 (per SWMLS report 5/12 - 2 bedroom units with 1,200 to 1,400 sf condos without garages.)
Features of 3505 Lafayette Drive Ne
| MLS® # | 1103496 |
|---|---|
| Price | $950,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Square Footage | 9,100 |
| Acres | 0.38 |
| Year Built | 1978 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 3505 Lafayette Drive Ne |
|---|---|
| Area | 101 - Near North Valley |
| Subdivision | Indian Rest Sub |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87107 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Vinyl |
|---|---|
| Appliances | Refrigerator |
| Heating | Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Construction | Frame, Stucco |
|---|
Additional Information
| Date Listed | May 13th, 2026 |
|---|---|
| Days on Market | 132 |
| RE / Bank Owned | No |
Listing Details
| Office | NM Apartment Advisors, Inc. |
|---|
Listing Map
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