1407 1409 Hazeldine Avenue SE Albuquerque, NM 87106
MULTI_FAMILY - Albuquerque, NM
Property Features for 1407 1409 Hazeldine Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
- Parking
- 4
- Exterior features
- Landscaping
- Appliances
- FreeStandingGasRange, Refrigerator
- Standard status
- Active
- APN
- 101505723313731016
- Size
- 1,407 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2629
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Building materials
- Frame, Stucco
Listing agent Randell C Campbell License #14915 (505) 991-3125
Listing office Campbell & Campbell Real Estat 5716 Osuna Rd NE, Albuquerque, NM (505) 821-7666
Listing date Jul 8, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Unit 1407 includes a small private enclosed yard, lath/plaster walls, and vinyl flooring in the kitchen/service area leading to the backyard. It also has a tile tub surround and two wall heat units. Unit 1409 includes two natural gas wall furnaces, bedroom carpet, and wood-look vinyl in the kitchen and bath, along with a cultured marble tub surround and hookups.
The property includes backyard access to the detached garage/parking area, with shared common yard space featuring mature trees and noted garden potential. The duplex is located directly across from Roosevelt Park, with access to park amenities and also positioned for downtown/UNM access.
Key Highlights
- Duplex across from Roosevelt Park with two 1BR/1BA units at 1407 & 1409 Hazeldine SE
- Each unit includes a refrigerator and a free‑standing gas range
- Garage space for each unit plus backyard access to the detached garage/parking area
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.4k | $13.80 |
| − Vacancy | −$1.1k | −$0.76 |
| EGI | $18.3k | $13.04 |
| − OpEx | −$5.5k | −$3.91 |
| NOI | $12.8k | $9.13 |
