$545,000

121 Terrace St SE Albuquerque, NM 87106

Silver Hill Neighborhood

Estimated payment $3,098/month

Total Views 3,365
1 Bed
1 Bath
3,450 Sq Ft
$158 Price per Sq Ft

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Community Storage Space
  • Monte Vista Elementary School Rated A-
  • Floor Furnace
  • Property has 1 Level

About This Home

Prime UNM location! Silver Hills neighborhood. 2 buildings - 121 Terrace - Four - 1 bedroom 1 bath units. 500SF each. Wall heater and window units for cooling.Each rented for $800/month. Current lease agreements. 117 & 119 Terrace is separate duplex. Both units are 1 bedroom 1 bath unit with screened front porches. Hardwood floors. Living room, dining room, full bath of bedroom and each unit has a basement for storage. 117 Terrace - 650SF long term tenant at below market rent. $625/m. M/M lease. 119 Terrace - 800SF. $975/m. M/M lease. Add cosmetic updates for instant equity! Flooring and fixtures can go along way. Priced to sell AS-IS. Please do not disturb tenants. Offer subject to inspection. NO RECs. Portfolio financing options available.

Listing Agent

Katherine Carpenter

Maddox & Co/REALTORS License #49285 Listed on: 06/03/2025

Co-Listing Agent

Liska Maddox

Maddox & Co/REALTORS License #47587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1955

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 3,450 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Gas Range
  • Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101505744527210607

Community Details

Overview

  • 6 Units
  • 3,450 Sq Ft Building

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From Central and University, head East on Central to Terrace. South to property.
  • Listing Contract Date: 2025-05-29
  • Year Built: 1955
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: MDDX01
  • Co List Office Phone: (505) 764-0400
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl, Wood
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 2
  • Accessibility Features: None
  • Basement YN: Yes
  • Total Bedrooms: 1
  • Living Area: 3450.0
  • Stories: 2

Exterior Features

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

Utilities

  • Cooling: Window Unit(s)
  • 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: Storage Facilities

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 101505744527210607
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 944.32

Map

Range of Values:

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Average Value
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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
06/23/2025 06/23/25 For Sale $545,000 0.0% $158 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $545,000 -- $158 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

MLS Number: 1085186

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-057-445-272-1-06-07

New Mexico Bernalillo County Albuquerque 87106 Silver Hill

121 Terrace St SE, Albuquerque, NM

This home is located at 121 Terrace St SE, Albuquerque, NM 87106 and is currently priced at $545,000, approximately $157 per square foot. This property was built in 1955. 121 Terrace St SE is a home located in Bernalillo County with nearby schools including Monte Vista Elementary School, Jefferson Middle School, and Albuquerque 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
Listing Agent
Katherine Carpenter
Section Image
Maddox & Co/REALTORS
(505) 594-8889