$190,000
SOLD JUL 13, 2015
Last list price

3501 Wellesley Dr NE Albuquerque, NM 87107

2 Beds
1 Bath
3,302 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

100 Days on Market

Highlights

  • Evaporated cooling system
  • Forced Air Heating System
  • Carpet

About This Home

As of July 2015

Fourplex centrally located in NE Heights. All units are 2 br, 1ba and fully rented.

Last Agent to Sell the Property

Tracy Bowie

Coldwell Banker Legacy Listed on: 03/02/2015

Last Buyer's Agent

Amy Ruiz

Re/Max Exclusive License #39257

Re/Max Exclusive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,225

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 3,302 Sq Ft Home
  • Property has 2 Levels
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3,302 Sq Ft Building
  • Gross Income $21,600

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101606041817540824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,225

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Carlisle/Commanche, West to Wellesley, South to Property last 4-plex Bldg on Right Side of Wellsley.
  • Lot Size Acres: 0.17
  • Unit Levels: Two
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Quadruplex
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3302.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: unknown
  • Construction Type: Frame

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Gas
  • Utilities: Municipal Utilities
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Parcel #: 101606041817540824
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 21600.0

Tax Info

  • Tax Annual Amount: 2225.42

Similar Homes in Albuquerque, NM

  • 536 Alcazar St SE Unit A&B, Albuquerque, NM 87108

    $200,000

    • 1 Bed
    • 1 Bath
    • 1,007 Sq Ft
    • 536 Alcazar St SE
    • Unit A&B
    • Albuquerque, NM

    Don't miss out on this great investment or owner-occupant opportunity! Situated on a large lot and under 4 units; live in one and rent the other, or lease both! This single-story duplex features updated kitchen areas, tile and vinyl flooring, and spacious 1 bed/1 bath layouts in each unit. Schedule your private tour today. This is one you don't want to miss!

    Desiree Barton Property Partners Inc.

    Section Image
  • 8333 Comanche Rd NE Unit 16-D, Albuquerque, NM 87110

    $180,000

    • 2 Beds
    • 1 Bath
    • 1,019 Sq Ft
    • 8333 Comanche Rd NE
    • Unit 16-D
    • Albuquerque, NM

    Turnkey updates and prime location! Remodeled in 2021: Granite Kitchen Countertops, designer glass tile backsplash (Kitchen and Bath), Stainless dishwasher, 5-burner gas stove and Refrigerator, luxury vinyl flooring throughout. Updated window blinds. Mechanical improvements include hot water heater (1/2023) and combo furnace/refrigerated air(11/20223). Floor plan offers large primary suite with a

    Sherry Fowler Signature Southwest Properties

    Section Image
  • 516 Alvarado Dr SE, Albuquerque, NM 87108

    $205,000

    • 1 Bed
    • 1 Bath
    • 1,218 Sq Ft
    • 516 Alvarado Dr SE
    • Albuquerque, NM

    Excellent duplex opportunity in the heart of Albuquerque! This property features two 1-bedroom, 1-bath units--perfect for investors, owner-occupants, or multigenerational living. Each unit offers a functional layout, fresh paint, and off-street parking. Located close to shopping, dining, public transit, and quick access to major roads. Live in one unit and rent the other, or add a solid asset to

    Jonathan Chambers The M Real Estate Group

    Section Image
  • 219 Dallas St NE, Albuquerque, NM 87108

    $250,000

    • 1 Bed
    • 1 Bath
    • 219 Dallas St NE
    • Albuquerque, NM

    Solid Investment Opportunity: This 4-unit, 1-bedroom/1-bath fourplex offers approximately 500sq. ft. per unit with efficient layouts featuring a kitchen and open living space. Three units are vacant with some modern updates already completed, while one unit remains occupied in original condition. Recent upgrades include brand new, up-to-code electrical service for the entire building and a

    Michael Matias Three Sons Property Mgmt.

    Section Image
  • 304 Texas St NE, Albuquerque, NM 87108

    $235,000

    • 1 Bed
    • 1 Bath
    • 1,712 Sq Ft
    • 304 Texas St NE
    • Albuquerque, NM

    Great triplex with two long-term occupants! Shaded courtyard entry with off-street parking. Closed storage at rear of property. Do not disturb tenants, walk through of units with accepted offers. Call listing agent with any questions. YTD operating expenses in documents. Bundle with 408 Pennsylvania and 408 Texas for a ready-made portfolio!

    Sarah Rich GDR Property Solutions, LLC

    Section Image
  • 1303 Iron Ave SW, Albuquerque, NM 87102

    $245,000

    • 1 Bed
    • 1 Bath
    • 1303 Iron Ave SW
    • Albuquerque, NM

    Property being sold using BID process.The property features two one bedroom/one bathroom units. The extra lot lots contain 0.1618 acres with alley access and space for additional building(s).Based on the current average rents of $900 per month, and an ask price of $245,000 the property's measures of investment performance include a 11.34 GRM, 6.07% cap rate before reserves, before tax IRR of

    Todd Clarke NM Apartment Advisors, Inc.

    Section Image
  • 408 Pennsylvania St SE, Albuquerque, NM 87108

    $245,000

    • 1 Bed
    • 1 Bath
    • 1,688 Sq Ft
    • 408 Pennsylvania St SE
    • Albuquerque, NM

    Adorable brick triplex with gated courtyard entry and off street parking! Updated units! Two 1bd/1ba and one studio unit. 1 single car garage, and tenant storage closets! All units rented, stable tenants, strong cash flow! New foam roof in 2012 and sewer/plumbing redone 2011. Convenient to KAFB, hospitals, public transportation, Sunport, UNM, and CNM! Submit LOI or offer. Do not disturb tenants,

    Sarah Rich GDR Property Solutions, LLC

    Section Image
  • 8017 Bell Ave SE, Albuquerque, NM 87108

    $218,505

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft
    • 8017 Bell Ave SE
    • Albuquerque, NM

    Seller is a Licensed NM Real Estate brokerSeller is not the listing agent

    Tim Luten Sperry Van Ness/WACB, Inc.

    Section Image
See All Homes in Albuquerque

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/02/2025 09/02/25 For Sale $500,000 0.0% $150 / Sq Ft
08/22/2025 08/22/25 Pending -- -- --
07/29/2025 07/29/25 Price Changed $500,000 -2.0% $150 / Sq Ft
07/01/2025 07/01/25 For Sale $510,000 +168.4% $153 / Sq Ft
07/13/2015 07/13/15 Sold -- -- --
06/09/2015 06/09/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $190,000 -- $58 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amy Ruiz

    Seller's Agent in 2025

    Amy Ruiz

    RE/MAX

    (505) 833-1400

    61 Total Sales

    Amy Ruiz
    Section Image

  • T

    Seller's Agent in 2015

    Tracy Bowie

    Coldwell Banker Legacy

See All Agents

Map

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

MLS Number: 834515

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-060-418-175-4-08-24

New Mexico Bernalillo County Albuquerque 87107

3501 Wellesley Dr NE, Albuquerque, NM

This home is located at 3501 Wellesley Dr NE, Albuquerque, NM 87107 and is currently priced at $190,000, approximately $57 per square foot. 3501 Wellesley Dr NE is a home located in Bernalillo County with nearby schools including Montezuma Elementary School, McKinley Middle School, and Del Norte 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.

Nearby Homes