1824 Father Sky Street NE, Albuquerque, NM 87112
MULTI_FAMILY - Albuquerque, NM
- Added:
- Jun 12, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 1824 Father Sky Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 2
- Parking
- 5
- Patio and Porch features
- Patio
- Exterior features
- Landscaping, Patio
- Fireplace
- 1
- Appliances
- Dishwasher, FreeStandingElectricRange, Microwave, Refrigerator
- Standard status
- Active
- APN
- 102305906806030125
- Size
- 3,310 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4841
Utilities
- Heating system
- Central, Forced Air
- Cooling system
- Multi Units
Building Details
- Year built
- 1979
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Carpet, Laminate, Tile
- Building materials
- Stucco
Listing agent Skipton W Adams License #19029 (505) 750-2489
Listing office #SoldBySkip 6330 Riverside Plaza, #220, Albuquerque, NM (505) 750-2489
Listing date Jun 12, 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.
Overview
Located in Albuquerque, NM, the property is described in the Sandia Foothills area. The public remarks indicate that all three units are currently rented, supporting an immediately income-producing structure under current occupancy.
For tenants and buyers seeking a small, manageable multi-family asset, the unit mix can fit a variety of household needs across the same property. The refrigerated air and attached two-car garage on the four-bedroom unit may appeal to residents prioritizing comfort and parking. With three separate units on one lot, the configuration offers straightforward ownership and leasing scale for an operator looking for residential income housing in Albuquerque’s Sandia Foothills 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 | $45.7k | $13.80 |
| − Vacancy | −$2.5k | −$0.76 |
| EGI | $43.2k | $13.04 |
| − OpEx | −$12.9k | −$3.91 |
| NOI | $30.2k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.495305
- Latitude
- 35.10243
