$1,201,246
SOLD MAR 6, 2025
Last list price

306 Vassar (And 310) Dr SE Albuquerque, NM 87106

University Heights Neighborhood
9 Beds
1 Bath
6,081 Sq Ft
0.33 Acres

Recently Sold

$198 Per Sq Ft

2 Days on Market

Highlights

  • Evaporated cooling system
  • Forced Air Heating System
  • Vinyl Flooring
  • Monte Vista Elementary School Rated A-

About This Home

As of March 2025

306 Vassar SE is a smartly remodeled, open concept 2 bedroom / 1 bath cottage with private parking and a wraparound yard on its own lot. 310 Vassar is an updated 3 bedroom / 2 bath bungalow. 312 Vassar features 12 updated studio apartments - each with the same accommodating and pragmatic floor plan with unique custom touches and character in each apartment. All units have thermal windows. 310 and 312 Vassar both have newer roofs. You'll also and lots of other updates throughout each unit.Exceptional UNM/ CNM location with R-ML Zoning on both lots and plenty of off-street parking to accommodate all tenants and their visitors. This unique compound offers the rare opportunity for both a quality core asset with room for natural rent growth and plenty of value add opportunity ,

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711

Co-Listed By

Kyle Deacon

Deacon Property Services License #15579

Last Buyer's Agent

Kyle Deacon

Deacon Property Services License #15579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,045

Year Built

  • Built in 1916

Lot Details

  • 0.33 Acre Lot
  • Additional Parcels

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 6,081 Sq Ft Home
  • Property has 2 Levels
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System
  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101605723214431818

Community Details

Overview

  • 14 Units
  • 6,081 Sq Ft Building
  • Lots 4 & 5, Block 27,University Heights Addition Subdivision

Building Details

  • Gross Income $127,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,045

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From I 25 and Central, east to Vassar, south to property.
  • Listing Contract Date: 2025-01-08
  • Year Built: 1916
  • Lot Size Acres: 0.33
  • Co List Office Mls Id: DEAC01
  • Co List Office Phone: (505) 878-0100
  • Subdivision Name: Lots 4 & 5, Block 27,University Heights Addition
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Appliances: Refrigerator
  • Stories: 2
  • Number Of Buildings: 4
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 9
  • Living Area: 6081.0
  • Stories: 2

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling, Window Unit(s)
  • Heating: Central, Forced Air, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 14201.0
  • Additional Parcels: Yes
  • Parcel #: 101605723214431818
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 127560.0

Tax Info

  • Tax Annual Amount: 2045.28

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
03/06/2025 03/06/25 Sold -- -- --
01/10/2025 01/10/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $1,201,246 -- $198 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

MLS Number: 1076145

Southwest MLS (Greater Albuquerque Association of REALTORS®)

New Mexico Bernalillo County Albuquerque 87106 University Heights

306 Vassar (And 310) Dr SE, Albuquerque, NM

Homes for Sale in Albuquerque, NM

This home is located at 306 Vassar (And 310) Dr SE, Albuquerque, NM 87106 and is currently priced at $1,201,246, approximately $197 per square foot. This property was built in 1916. 306 Vassar (And 310) Dr SE is a home located in Bernalillo County with nearby schools including Monte Vista Elementary School, Jefferson Middle School, and Albuquerque High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) 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.

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