$400,000

624 Espanola St SE Unit A-D Albuquerque, NM 87108

Trumbull Village Neighborhood

Estimated payment $2,249/month

2 Beds
1 Bath
3,400 Sq Ft
$118 Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Forced Air Heating System
  • 3-minute walk to The Phil Chacon Park
  • Tile Flooring

About This Home

A rare find for investors or owner-occupants, this fourplex is a turnkey investment, with all units occupied and under lease agreements. Set on a large lot with ample parking, the property is designed for both tenant satisfaction and owner convenience. Every spacious unit is equipped with a full suite of kitchen appliances--gas stove, refrigerator, dishwasher, and microwave--along with the desirable feature of in-unit laundry hookups. This is a hassle-free opportunity to acquire a cash-flowing asset in a stable market. Each unit is individually metered for gas and electric.

Listing Agent

Terrance Belcher

AIM Properties License #REC20250600 Listed on: 11/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1970

Lot Details

  • 6,752 Sq Ft Lot
  • Additional Parcels

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 101905613736120520

Community Details

Overview

  • 3,400 Sq Ft Building
  • Emil Mann Addition Subdivision

Building Details

  • Gross Income $43,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,687

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From the intersection of Central Ave NE and Louisiana Blvd SE, head south on Louisiana past Zuni Rd SE. Turn east (Left) on Trumbull Ave SE and then South (Right) onto Espanola St SE. Property is ahead on the left side of the street
  • Year Built: 1970
  • Lot Size Acres: 0.16
  • Subdivision Name: Emil Mann Addition
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3400.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 6752.0
  • Additional Parcels: Yes
  • Parcel #: 101905613736120520
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43920.0

Tax Info

  • Tax Annual Amount: 1687.46

Map

Range of Values:

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Value Increase
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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 List to Sale Price per Sq Ft
11/17/2025 11/17/25 For Sale $400,000 -- $118 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

MLS Number: 1094661

Southwest MLS (Greater Albuquerque Association of REALTORS®)
New Mexico Bernalillo County Albuquerque 87108 Trumbull Village

624 Espanola St SE Unit A-D, Albuquerque, NM

For Sale

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
Listing Agent
Terrance Belcher
Section Image
AIM Properties
(505) 624-8149