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    1036 Madeira Dr SE Albuquerque, NM 87108

    Pending
    For Sale
    $399,900

    Quadruplex - Albuquerque, NM

    Type:Quadruplex
    Property size:
    2,865 SF
    Lot size:
    0.19 Acres
    Days on Market:
    167
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 1036 Madeira Dr SE

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Pending
    Zoning
    R-MH*
    Rooms
    Bedroom 1
    Bedrooms
    1
    APN
    101805607520632201
    Parking
    8
    Exterior features
    Landscaping
    Appliances
    Range, Refrigerator
    Size
    2,865 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Multi Units

    Building Details

    Year built
    1960
    Number of units
    4
    Flooring type
    Laminate, Tile, Wood
    Building materials
    Frame, Stucco
    Architectural style
    Other

    Southwest Elite Real Estate (505) 280-9256 [email protected]

    Listing agent Jonathan M Ortiz (505) 280-9256 License #44118

    Listing date Jun 23, 2025

    MLS# 1085343 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Albuquerque Quadruplex with Upgrades

    This updated, low-maintenance income-producing quadplex in Albuquerque presents an ideal opportunity for both first-time and seasoned investors. The well-maintained asset features a desirable unit mix, including three 1-bedroom/1-bath units (Units A, B, and C) and a spacious 3-bedroom/2-bath unit (Unit D) complete with a detached 1-car garage. In 2020, the owner completed upgrades to ensure long-term value and energy efficiency, including mini-split heating and refrigerated air systems in all units, upgraded electrical service, a pro-panel metal roof, fresh stucco, dual-pane windows, perimeter fencing, and landscaping. Units A and D have been fully remodeled with tasteful, modern interiors. Units B and C are occupied by long-term tenants and currently rented below market value, offering potential for future rental growth. The property is zoned R-MH* and has a lot size of 0.19 acres. The living area is 2865 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bullybaby Apartment Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.583839
    Latitude
    35.063934

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    FAQs

    What type of property is this?
    Quadplex - Updated, low-maintenance income property ideal for investors in Albuquerque.
    Where is this quadplex located?
    The property is located at 1036 Madeira Dr SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Income-producing property featuring a desirable mix of (3) 1-bedroom/1-bath units and (1) 3-bedroom/2-bath unit with a detached 1-car garage.; - Significant upgrades completed in 2020, including mini-split heating & refrigerated air systems, upgraded electrical service, pro-panel metal roof, fresh stucco, and dual-pane windows.; - Units A & D have been fully remodeled with tasteful, modern interiors.
    (505) 280-9256
    Request Owner's contact information
    1036 Madeira Dr SE Albuquerque, NM 87108
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    Albuquerque, NM 87108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1036 Madeira Dr SE Albuquerque, NM 87108
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