4 days on Rocket
#1087921, Timothy R Luten, Listing office: Sperry Van Ness/WACB, Inc.
$1,600,000 List price
615 Iron Ave SW Albuquerque, NM 87102
2 beds
2 baths
6,148 sqft
0.2 acres
$260 / sqft
Multi-Family
Property details
About 615 Iron Ave SW
NOW COMPLETE!!! CAP Rate 7.5% Sound Investment Opportunity. 3 Story Units with Luxury Amenities and Design. 2 bedroom 2 baths constructed by experienced, Sierra Hacienda Builders. See renderings.
Highlights
Home typeMulti Family
HeatingCentral, Electric, Forced Air
StatusActive
CoolingCentral Air
Size6,148 sqft
Lot size0.16 Acres
Year builtNew Const.
MLS #1003217
Summary
- Appliances: Gas Oven, Gas Range
- Basement: No
- Flooring Type: Carpet, Concrete, Tile
- Total Bedroom Count: 2
- Heating: Central, Electric, Forced Air
- Cooling: Central Air
- List Price: $1,600,000
- Price/SqFt: $260
- Annual Tax Amount: $595
- Tax Year: 2023
- Directions: South on 8th St. from Central, East on Iron to property.
- Stories: 3
- Living Area: 6,148 SqFt
- Lot Size: 0.16 Acres
- MLS Number: 1003217
- MLS Name: SWMLS
- Office Name: Berkshire Hathaway NM Prop
- Office Phone: (505) 798-6300
- Office Email: jpitts77@comcast.net
- Listing Agent: Thomas Gallegos
The data relating to real estate for sale on this web site 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 other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $5,066 | $595 |
| 2022 | $5,066 | $275 |
| 2021 | $5,066 | $275 |
| 2020 | $5,066 | $587 |
| 2019 | $5,066 | $448 |
| 2018 | $9,399 | $926 |
| 2017 | $21,573 | $926 |
History based on county public records data.
Nearby schools
6
Coronado Elementary School
Public District KG-5
0.1 mi
•601 4th St SW
5
Dolores Gonzales Elementary School
Public District PK-5
0.3 mi
•900 Atlantic Ave SW
5
Lew Wallace Elementary School
Public District KG-5
0.7 mi
•513 6th St NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,438. Residents of Albuquerque, NM typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
78%
<35k
21%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
9%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
26%
18-34 yrs old
49%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 615 Iron Ave SW
The listing price of 615 Iron Ave SW property is $1,600,000.
The property 615 Iron Ave SW is a multi located in Albuquerque, New Mexico, 87102.
Active Listing: 615 Iron Ave SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 615 Iron Ave SW are: Coronado Elementary School (GreatSchools Rating 6/10), Dolores Gonzales Elementary School (GreatSchools Rating 5/10), Lew Wallace Elementary School (GreatSchools Rating 5/10), Washington Middle School (GreatSchools Rating 4/10), South Valley Preparatory (GreatSchools Rating 8/10), Jefferson Middle School (GreatSchools Rating 4/10), Amy Biehl Charter High School (GreatSchools Rating 6/10), Siembra Leadership High School (GreatSchools Rating 1/10), Abq Charter Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $595 (source: MLS/based on county public records data).
The property 615 Iron Ave SW is 6,148 SqFt (source: MLS/tax record).
This home is located at 615 Iron Ave SW in Albuquerque, NM and zip code 87102 in the Barelas neighborhood. This 6,148 square foot home sits on a 0.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 25, 2021 and is currently priced at $1,600,000.
Albuquerque, NM housing market in June 2025 saw over 122 listings sold above listed price, more than 164 sold at listed price and over 297 sold below. The inventory of homes for sale in Albuquerque, NM between May and June 2025 decreased by 8.4%. The median list price of listings available in June 2025 was $349,331, while the average time on the real estate market was 28 days.
From Rocket Homes Real Estate and based on county public records data.