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$15,000,000
115 Days On Site

517 GOLD Avenue SW
Albuquerque, NM 87102

For Sale|Multi Family|Active
60
Beds
60
Total Baths
244,800
SqFt
$61
/SqFt
1958
Built
County:
Bernalillo
517 GOLD Avenue SW517 GOLD Avenue SW517 GOLD Avenue SW517 GOLD Avenue SW
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Mortgage Calculator

Monthly Payment (Est.)

$68,436
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Seller financing available. 8 Story high rise re-development deal. First two floors have been converted to 60 apartment units in 2017. Floors 3-7 are shell floors ready to be built into an additional 150 units. Property consists of 4 elevators. Huge potential on this property and most of the heavy lifting has been completed. Plans for converting basement into parking are in the works.

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Listing Snapshot
Price 
$15,000,000
Days On Site 
115 Days
Bedrooms 
60
Inside Area (SqFt) 
244,800 sqft
Total Baths 
60
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.93 Acres
Year Built 
1958
MLS® Number 
1079412
Status 
Active
Property Tax 
$6,974.62
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.93
Disclosures 
Lead Based Paint Disclosure, Ranm2100 Disclosure
Number Of Stories 
8
Property Sub Type 
Multi Family
SqFt Total 
244800
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Zoning 
MX-FB-UD*
Interior Features
Appliances 
Free-Standing Electric RangeMicrowaveRefrigeratorRange Hood
Cooling 
Flooring 
Laminate
Heating 
Electric
Laundry Features 
Common Area
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Exterior Features
Construction Details 
OtherConcrete
Community Features
Financing Terms Available 
CashConventionalOwner May Carry
MLS Area 
80 - Downtown Area
Listing courtesy of R1 Commercial



Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Southwest MLS, Inc..
Data last updated at: 2025-06-28 06:09 PM UTC

Neighborhood & Commute
Source: Walkscore
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