Excellent investment opportunity! This well-maintained 4-plex at 525 Kentucky St SE generates $2,300 /month in gross rental income. Unit mix includes four 1 bed/1 bath units. Features include off-street parking, private enclosed courtyards. A turnkey addition to any investment portfolio with strong cash flow. 521 Kentucky St SE is also for sale and can be bought together.
South San Pedro, located between Gibson Blvd SE and Kathryn Ave SE, is a residential and commercial Albuquerque neighborhood with mid-century blocks and a working-corridor feel. The neighborhood’s character concentrates around San Pedro Dr SE at Gibson Blvd SE, where auto shops, local eateries, and everyday services line wide, sunlit streets. Housing trends toward compact ranch-style homes and small apartment courts, with mature trees and deep setbacks. Nearby UNM Championship Golf Course and the North Golf Course Park add open green edges to the grid. The New Mexico Veterans Memorial and the National Museum of Nuclear Science & History bring a civic, museum-row note to the area. Daily life centers on practical errands, steady traffic, and big-sky views toward the Sandias.
Provided by Walk Score and Local Logic
Offer insights
525 Kentucky St SE · $420,000
$420K and above
75% chance or better to win
Why $420K+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 108 days.
SALE-TO-LIST
98.6%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Tile flooring
Kitchen
Free-standing electric range
Refrigerator
Flooring
Tile
Heating & cooling
Evaporative cooling
Wall furnace heating
Exterior features
Landscaped yard
Patio
Home design
Single-story building
Resale property
Zoned MX-M*
Utilities
Electricity connected
Natural gas connected
Sewer connected
Water connected
HOA & community
Patio listed as a community feature
Financial info
Four units total in one building
Total rent reported at $2,300
Electricity and solar
View estimated energy costs and solar savings for this home
Exceptional 4-Unit multifamily investment opportunity in the South San Pedro Neighborhood. Each unit is a spacious one bed one bath with a front patio. Property showcases a well maintained landscaped courtyard area with lots of trees and bushes to provide tenants with a fresh outdoor experience. There is also off street parking with enough spaces for each tenant. Owner also owns 521 Kentucky and is open to selling both properties to a single investor. Owner would like to sell on an REC.
Public Records
Apr 12, 2022
Sold
—
Public Records
Oct 1, 2007
Sold
—
Public Records
Nov 22, 2005
Sold
—
Public Records
Jul 2, 2004
Sold
—
Public Records
Jul 1, 2004
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$2,212 (+3.1%)
$14,865 + $89,891
$104,756
2024
$2,145 (+1.7%)
$13,172 + $39,180
$52,352
2023
$2,109 (+3.5%)
$12,789 + $38,040
$50,829
2022
$2,038 (+3.5%)
$12,416 + $36,932
$49,348
2021
$1,969 (+1.7%)
$12,055 + $35,856
$47,911
2020
$1,937 (+3.0%)
$11,704 + $34,812
$46,516
2019
$1,880 (+3.7%)
$11,363 + $33,798
$45,161
2018
$1,813 (+3.2%)
$11,032 + $32,814
$43,846
2017
$1,758 (−0.9%)
$10,399 + $30,930
$41,329
2016
$1,773 (+2.8%)
$10,399 + $30,930
$41,329
2014
$1,724
$10,711 + $29,912
$40,623
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
8,102 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,581
Year built
1962
Style
Other
County
Bernalillo County
APN
101805648341912204
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-ML
APO
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.
Zone overlays
Airport Protection Overlay Zones
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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 94° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Albuquerque, NM • 87108
Average low and high temperatures (°F)
48
26
62
35
70
41
73
46
79
54
92
65
93
68
92
68
83
59
76
51
60
36
56
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
Redfin Estimate for 525 Kentucky St SE
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