$520,000
$60K PRICE DROP

Estimated payment $3,108/month

Total Views 5,381
2 Beds
1 Bath
2,594 Sq Ft
$200 Price per Sq Ft

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Floor Furnace
  • Albuquerque High School Rated A-
  • Patio
  • 3-minute walk to Wells Park

About This Home

Well maintained 4-units on tree-lined 1-way street in historic Wells Park neighborhood, all with 40-50's era features and ambiance. Long-time owner with long time tenants, all on month to month leases. Two 2/1's (1017, 1019), all under market at $660-800/mo. Avg 2 BR rent Downtown = $1,400. Two 1/1's (1021A, 1021B) at $510-$550. Avg 1 BR rent over 1K. 2 BR units have side patio and rear yard. Off street parking for 6+.Flat roofs have pitch and elastomeric roof coating. Electric/gas individually metered. Add'n 4-unit for sale next door (1003, 1005, 1013, 1015) are four 1/1's @ $520,000. MLS =1084062.

Listing Agent

Mark Boitano

RE/MAX SELECT License #19986 Listed on: 05/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,735

Year Built

  • Built in 1946

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 2,594 Sq Ft Home
  • Property has 2 Levels
  • Free-Standing Gas Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Patio
  • 8,276 Sq Ft Lot

Community Details

  • 4 Units
  • 2,594 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 101405814327220206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,735

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From I-40, south on 6th St between Mountain and Granite.
  • Listing Contract Date: 2025-05-16
  • Year Built: 1946
  • Lot Size Acres: 0.19
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Stories: 2
  • Number Of Buildings: 2
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2594.0

Exterior Features

  • Exterior Features: Patio
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Floor Furnace, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Patio

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 101405814327220206
  • Zoning Description: MX-L*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2735.2

Map

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
07/01/2025 07/01/25 Price Changed $520,000 -10.3% $200 / Sq Ft
05/17/2025 05/17/25 For Sale $580,000 -- $224 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Similar Homes in Albuquerque, NM

  • 420 Columbia Dr SE, Albuquerque, NM 87106

    $575,000

    • 2 Beds
    • 1 Bath
    • 3,765 Sq Ft
    • 420 Columbia Dr SE
    • Albuquerque, NM

    Great opportunity on this 5 unit property in a fantastic UNM neighborhood. This property features a vintage 1940's home as the main house which has 2 bedrooms and 1 bath, along with a cozy casita in the rear (1 bed 1 bath). There are an additional 3 units in the rear, each one offering 1 bed & 1 bath with a private parking space. This is a great income producing property in a Prime UNM

    The Schuster Team Keller Williams Realty

    Section Image
  • 834 Griegos Rd NW, Albuquerque, NM 87107

    $629,000

    • 2 Beds
    • 2 Baths
    • 5,080 Sq Ft
    • 834 Griegos Rd NW
    • Albuquerque, NM

    Welcome to 834 Griegos NW, a unique five-unit compound-style property in Albuquerque's desirable North Valley. This mixed-use investment includes three residential units and two commercial spaces. Built in 1924 (per assessor records), local history suggests part of the building once served as a tack house. One commercial tenant has been in place for over 20 years, providing stability. Situated on

    Christopher Cruz Keller Williams Realty

    Section Image
  • 8413 Marquette Ave NE, Albuquerque, NM 87108

    $399,900

    • 2 Beds
    • 1 Bath
    • 8413 Marquette Ave NE
    • Albuquerque, NM

    Great income property in the NE. One unit completely renovated in 2024. Some long term tenants. Clean property, newer roofs, newer water heaters and furnaces. Long term current owner, this property has been well maintained over the years. Property is fully gated with keypad access for tenants. 6 parking spaces total. Turn key.

    The Schuster Team Keller Williams Realty

    Section Image
  • 1003 6th St NW, Albuquerque, NM 87102

    $520,000

    • 1 Bed
    • 1 Bath
    • 2,450 Sq Ft
    • 1003 6th St NW
    • Albuquerque, NM

    Well maintained 4-units on tree-lined 1-way street in historic Wells Park neighborhood, all with 40-50's era features and ambiance. Long-time owner with long time tenants, all on month to month leases. Four 1/1's, all under market at $550-775/mo. Avg 1 BR rent Downtown = $1,112. Detached 2-car garage w/ car port and off street parking for 10+. One vacant unit is similar floorplan/condition to

    Mark Boitano RE/MAX SELECT

    Section Image
  • 902 Coal Ave SW, Albuquerque, NM 87102

    $399,000

    • 3 Beds
    • 2 Baths
    • 1,165 Sq Ft
    • 902 Coal Ave SW
    • Albuquerque, NM

    Front unit 1123 sf, casita 552 sf (per appraisal)! Perfect for investors or multi-gen living. Remodeled and fully furnished, this turnkey-ready gem includes a spacious 3BR/1.5BA unit and a cozy 1BR/1BA unit--both move-in ready! Great rental or short-term income potential near downtown ABQ. Live in one unit and rent the other, or maximize returns with both. Owner financing available with

    Vinette Graham Coldwell Banker Legacy

    Section Image
  • 501 3rd St SW, Albuquerque, NM 87102

    $460,000

    • 2 Beds
    • 2 Baths
    • 501 3rd St SW
    • Albuquerque, NM

    Stunning 2BR/2BA home in Downtown Albuquerque with rare MX-L zoning. An ideal property for living, vacation rental, or business. Designed by a local artist in a dramatic ''Moody Desert Victorian'' style with copper-painted ceilings, stained glass, and a hidden bookcase door to the primary suite. Brand new metal roof, private jacuzzi, secure gated parking, and privacy fencing. Walk to top dining,

    Julie Turner Realty One Group Concierge

    Section Image
  • 2450 Floral Rd NW, Albuquerque, NM 87104

    $466,888

    • 3 Beds
    • 2 Baths
    • 2,786 Sq Ft
    • 2450 Floral Rd NW
    • Albuquerque, NM

    The main house, Unit A, is a three bedroom, two bathroom beauty with hardwoods floors which faces Floral Road. Unit BC is a two story 3 bedroom, two bathroom unit that faces Rose Avenue.Measures of investment performance at start price of $466,888 and current average rent of $2,225 are a GRM of 8.74, a 8.03% cap rate, $233,444 per unit, $167/sf and an after tax IRR of 24.50%, with the potential

    Todd Clarke NM Apartment Advisors, Inc.

    Section Image
  • 1203, 1207 Barelas Rd SW, Albuquerque, NM 87105

    $509,000

    • 1 Bed
    • 1 Bath
    • 2,416 Sq Ft
    • 1203, 1207 Barelas Rd SW
    • Albuquerque, NM

    Excellent income-producing 4plex in Albuquerque's vibrant and walkable Barelas neighborhood! This unique property includes a well-kept triplex plus a detached casita, each unit offering off-street parking and private yard space. One unit fully renovated in 2025 with modern finishes and new mini-splits and available for showings. Located just steps from the zoo, parks, and the Barelas Community

    Tim Nisly Realty One of New Mexico

    Section Image
  • 1100 10th St SW, Albuquerque, NM 87102

    $395,000

    • 2 Beds
    • 1 Bath
    • 1100 10th St SW
    • Albuquerque, NM

    Investment opportunity in an up-and-coming neighborhood just minutes from the zoo, downtown, and city hotspots! This income-producing duplex offers two spacious 2-bedroom, 1-bath units--perfect for long-term tenants or short-term rental potential. Situated on a generous lot with room to expand or create outdoor living spaces, this property has long-term upside. Don't miss your chance to own a

    RYAN GUTIERREZ Realty One of New Mexico

    Section Image

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

MLS Number: 1084164

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-058-143-272-2-02-06