NOT LISTED FOR SALE

8401 Marquette Ave NE Albuquerque, NM 87108

Fairgrounds Neighborhood
2 Beds
1 Bath
3,457 Sq Ft
8,712 Sq Ft Lot

Last Sold September 22, 2021

5 Days on Market

Highlights

  • Evaporated cooling system
  • Forced Air Heating System
  • Ceiling Fan
  • Tile Flooring

About This Home

As of September 2021

Turnkey 4-plex in NE. All units are 2 bedroom, 1 bath, with open living/dining areas, approximately 864 SF each. Each unit has its own full sized washer/dryer. Unit A has been updated in the last year with new floor tile throughout, new cabinets and countertops, new tub/shower. Units A, C & D have brand new evap coolers. Unit B evap cooler is ''newer.'' New dryers for units B & C, new washer for unit D. All units are separately metered and tenants pay gas and electric. All leases are currently month-to-month. Unit A rents for $900; Units B, C, & D rent for $700. Annualized rent totals $36,000. Large parking lot allows for additional parking. A $1900 Hm Warranty Plan including coverage for washer/dryers/refrigerators can be transferred @ right sales price, exp. 6/29/22. B-vacant

Last Agent to Sell the Property

Kay Azbill

Berkshire Hathaway NM Prop License #19704 Listed on: 08/13/2021

Berkshire Hathaway NM Prop

Last Buyer's Agent

Ronald Campbell

Campbell & Campbell Real Estat

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 3,457 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • 3,457 Sq Ft Building
  • Gross Income $36,000

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101905745040811404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Lomas & Wyoming, south on Wyoming to Marquette, West on Marquette to property.
  • Listing Contract Date: 2021-08-13
  • Year Built: 1977
  • Lot Size Acres: 0.2
  • Unit Levels: Two
  • New Construction: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Quadruplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3457.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 101905745040811404
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0

Tax Info

  • Tax Annual Amount: 2916.52

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
09/22/2021 09/22/21 Sold -- -- --
08/18/2021 08/18/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $350,000 +40.1% $101 / Sq Ft
06/30/2020 06/30/20 Sold -- -- --
05/19/2020 05/19/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $249,900 -- $73 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kay Azbill

    Berkshire Hathaway NM Prop

    (505) 263-2203

    3 in this area

    15 Total Sales

    Kay Azbill
    Section Image
  • Ronald Campbell

    Buyer's Agent in 2021

    Ronald Campbell

    Campbell & Campbell Real Estat

    (505) 991-3124

    6 in this area

    321 Total Sales

    Ronald Campbell
    Section Image
  • Dustin Dade

    Buyer Co-Listing Agent in 2021

    Dustin Dade

    Campbell & Campbell Real Estat

    (702) 403-3770

    1 in this area

    4 Total Sales

    Dustin Dade
    Section Image
  • Frederick Reed

    Seller's Agent in 2020

    Frederick Reed

    ABQ Properties LLC

    (505) 730-8934

    2 in this area

    66 Total Sales

    Frederick Reed
    Section Image

  • P

    Seller Co-Listing Agent in 2020

    Patricia Paiz

    ABQ Properties LLC

    (505) 363-5473

    2 in this area

    38 Total Sales

    Patricia Paiz
    Section Image
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Map

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

MLS Number: 998879

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-057-450-408-1-14-04

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

8401 Marquette Ave NE, Albuquerque, NM

This home is located at 8401 Marquette Ave NE, Albuquerque, NM 87108 since 13 August 2021. This property was built in 1977. 8401 Marquette Ave NE is a home located in Bernalillo County with nearby schools including Mark Twain Elementary School, Hayes Middle School, and Highland 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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