Each unit contains a large two bedroom, one bathroom unit with fireplace and washer/dryer connections. Downstairs units have a private backyard area. The site offers an abundance of off-street and on-street parking and is very visible due to its elevation over the other buildings in the area. A recently vacated unit is available for an owner-occupant and features brand new refrigerator, stove and dishwasher. At the current average rents of $863, and an ask price of $428,763 the measures of investment performance include a price per unit of $107,191, price per square foot of $109.16, a GRM of 10.36, an after reserves cap rate of 5.89%. If rents are raised to the market average of $1,200, the measures of investment performance improve to a before reserves cap rare of 8.74%.
Multi-familyProperty Type
1980Year Built
9,583 sq ftLot Size
$115Est. Price/Sq.Ft.
Listed by Todd Clarke• NM Apartment Advisors, Inc.
Bought with Selling The Sandias• Keller Williams Realty
Bought with Johnny Atencio• Keller Williams Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
9,601 Sq. Ft.
Year renovated
—
Sq. Ft.
3,968
Year built
1980
Style
Other
County
Bernalillo County
APN
102205624930310556
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-ML
Residential - Multi-family Low Density Zone District
The purpose of the R-ML zone district is to provide for a variety of low- to medium-density housing options. The primary land uses are townhouses and small-scale multi-family development, as well as civic and institutional uses to serve the surrounding residential area. Allowable uses are shown in Table 4-2-1.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Library
Park & open space
Property details
Interior
Equipment
Appliances: Refrigerator
Interior Features
Flooring: Carpet, Vinyl
Exterior
Building Information
Stories: 2
Construction Details: Brick Veneer, Frame, Stucco
Builder Name: Unknown
Exterior Features
Exterior Features: Landscaping
Green Features
Green Energy Generation: None
Lot Information
Lot Size Acres: 0.22
Lot Dimensions Source: Public Records
Lot Size Source: Public Records
Zoning Description: R-ML*
Property Information
Resale
Financial
Tax Information
Annual Tax Amount: $2,374.28
Rental Information
Owner Pays: Other, See Remarks
Utilities
Utility Information
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heating & Cooling
Has Cooling
Cooling: Evaporative Cooling
Has Heating
Heating: Central, Forced Air
Location
Multi Unit Information
# Of Units Total: 4
# Of Buildings: 1
Multi Unit Financial Information
Gross Income: $40,625
Operating Expense: $15,372
Unit Type 1
Unit Description: #4
# of Bedrooms: 2
# of Bathrooms Total: 1
Total Rent: $850
Actual Rent: $850
Unit Type 2
Unit Description: #3
# of Bedrooms: 2
# of Bathrooms Total: 1
Total Rent: $650
Actual Rent: $650
Unit Type 3
Unit Description: #2
# of Bedrooms: 2
# of Bathrooms Total: 1
Total Rent: $850
Actual Rent: $850
Unit Type 4
Unit Description: Owner unit
# of Bedrooms: 2
# of Bathrooms Total: 1
Total Rent: $1,100
Actual Rent: $1,100
Community Information
Community Features: Deck/Porch, Storage Facilities
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,968
Stories: —
Lot Size: 9,601 square feet
Style: Other
Year Built: 1980
Year Renovated: —
County: Bernalillo County
APN: 102205624930310556
Home facts updated by county records on Sep 14, 2026
Around this home
Schools
Apache Elementary School
Public PreK-5 • Assigned • 0.9mi
4/10
Van Buren Middle School
Public 6-8 • Assigned • 3.4mi
2/10
Highland High School
Public 9-12 • Assigned • 4.8mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
12% chance of being in a wildfire in next 30 years
4/10 Heat Factor
5 days above 91° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Albuquerque, NM • 87123
Average low and high temperatures (°F)
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68
93
68
83
59
76
53
60
38
56
34
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$429,000 – $519,000
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