$645,000

Estimated payment $3,746/month

Total Views 269
1 Bed
1 Bath
2,300 Sq Ft
$280 Price per Sq Ft

Highlights

  • 0.16 Acre Lot
  • Wood Flooring
  • Patio
  • Albuquerque High School Rated A-
  • Ductless Heating Or Cooling System
  • Landscaped

About This Home

Excellent Investment Opportunity. This charming four-plex boasts a prime downtown Albuquerque location with outstanding rental performance history, making it an ideal choice for both long-term and short-term rental strategies. The property features recent upgrades including a durable TPO roof, modernized bathrooms, and efficient heating and cooling with mini-split units for optimal comfort year-round. Situated within walking distance of vibrant downtown cafes, acclaimed restaurants, the bustling farmers market, and the historic charm of Old Town, this property offers exceptional convenience and appeal to tenants. Whether you're seeking a steady income stream or a versatile rental investment, this four-plex combines location, updates, and strong rental history in one compelling package.

Listing Agent

Mariessa Sanchez

RE/MAX SELECT License #40818 Listed on: 09/07/2025

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,704

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • 2,300 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 101305741335611608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,704

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: Lead and 11th St
  • Listing Contract Date: 2025-08-28
  • Year Built: 1952
  • Lot Size Acres: 0.16
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 2
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 2300.0

Exterior Features

  • Exterior Features: Landscaping, Patio
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Utilities

  • Cooling: Ductless, Refrigerated
  • Heating: Ductless, Wall Furnace
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Patio

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101305741335611608
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3704.16

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2025 09/07/25 For Sale $645,000 +194.5% $280 / Sq Ft
03/27/2014 03/27/14 Sold -- -- --
03/09/2014 03/09/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $219,000 -- $100 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1091027

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-057-413-356-1-16-08