622 Jefferson St NE Albuquerque, NM 87110
Pueblo Alto NeighborhoodEstimated payment $4,816/month
Highlights
- Evaporated cooling system
- Carpet
- Property has 1 Level
- Jefferson Middle School Rated A-
- Heating Available
About This Home
4Plex!! A super rare opportunity in the heart of Albuquerque's Near Heights, desirable neighborhood, a fully renovated fourplex that's nothing short of spectacular!At its core is the main home in every sense: 3 bedrooms, 2 baths and more than 1,200 square feet of beautifully finished space, opening to a courtyard shaded by a mature tree, wrapped in warm cedar fencing for those Duke City evenings. Three additional units join it on the same property, each unit fully renovated top to bottom. Nothing here was left half-finished, no deferred maintenance, no projects waiting, nothing to do, truly a turn the key setup.Two of the units are fully furnished and have been operated successfully as short-term rentals (AirBnB), giving this property a flexibility others do not have. Either continue that concept of STR or change to MTR (mid-term) concept. The travel nurse market is abundant, especially with University of NM Hospital just down the street. Or simply convert the entire property into traditional long-term leases. Here's an idea, live in one of the units and let the other three units help carry the mortgage, or lastly lease all four and let it work entirely on its own! Either way you are minutes from Nob Hill's restaurants and shops, Uptown's retail and offices, and immediate access to I-40, an established tree-lined pocket of the city that puts the whole metro within a short drive and keeps the hospitals, the university and the national labs close at hand. A great opportunity for a 1031 Exchange, a turn-key Income-producing property from the start and genuinely 'move-in' ready. A true home, income handshake and a location like this rarely arrive in one package! See attached PDF Offer Memorandum for many more specific details.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,714
Year Built
- Built in 1951
Lot Details
- 6,752 Sq Ft Lot
- Additional Parcels
Parking
- 6 Parking Spaces
Home Design
- Quadruplex
- Stucco
Interior Spaces
- 3,116 Sq Ft Home
- Property has 1 Level
- Free-Standing Gas Range
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Laundry
- Laundry in Garage
- Washer and Dryer Hookup
Utilities
- Ductless Heating Or Cooling System
- Evaporated cooling system
- Heating Available
- Natural Gas Connected
- Phone Available
Listing and Financial Details
- The owner pays for common area maintenance, electricity, gas, sewer, trash collection, water
- Assessor Parcel Number 101705834106340311
Community Details
Overview
- 3,116 Sq Ft Building
- Year Addn Brooms Subd Subdivision
Building Details
- Operating Expense $11,929
- Gross Income $62,247
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,714 | $173,383 | $17,932 | $155,451 |
| 2025 | $7,714 | $167,217 | $17,932 | $149,285 |
| 2024 | $5,012 | $118,781 | $16,581 | $102,200 |
| 2023 | $4,928 | $115,321 | $16,098 | $99,223 |
| 2022 | $4,905 | $115,321 | $16,098 | $99,223 |
| 2021 | $2,129 | $50,291 | $20,392 | $29,899 |
| 2020 | $2,094 | $48,827 | $19,798 | $29,029 |
| 2019 | $2,033 | $47,405 | $19,221 | $28,184 |
| 2018 | $1,961 | $47,405 | $19,221 | $28,184 |
| 2017 | $1,900 | $46,025 | $18,662 | $27,363 |
| 2016 | $1,846 | $43,383 | $17,591 | $25,792 |
| 2015 | $42,120 | $42,120 | $17,079 | $25,041 |
| 2014 | $1,736 | $40,893 | $16,581 | $24,312 |
| 2013 | -- | $39,702 | $16,098 | $23,604 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/29/2026 08/29/26 | For Sale | $760,000 | +204.0% | $244 / Sq Ft | |
| 11/12/2021 11/12/21 | Sold | -- | -- | -- | View Prior Sale |
| 08/18/2021 08/18/21 | Pending | -- | -- | -- | |
| 08/10/2021 08/10/21 | For Sale | $250,000 | 0.0% | $88 / Sq Ft | |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- | |
| 07/06/2021 07/06/21 | For Sale | $250,000 | -- | $88 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,100,000 | New Conventional | |
| Closed | $420,608 | Commercial |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1110082
APN: 1-017-058-341063-4-03-11
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Ask me questions while you tour the home.