325 Tennessee Street NE, Albuquerque, NM 87108
MULTI_FAMILY - Albuquerque, NM
- Added:
- Aug 12, 2025
- Days on Market:
- 312
- Last Refresh:
- Jun 19 at 9:06 am
Property Features for 325 Tennessee Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 1
- Interior features
- CeilingFans
- Appliances
- FreeStandingElectricRange, Refrigerator
- Standard status
- Active
- APN
- 101905733923941819
- Size
- 2,304 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2413
Utilities
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Vinyl, Carpet, Tile
- Building materials
- Stucco
Listing agent Jonathan P Tenorio License #50026 (505) 410-8568
Listing office Keller Williams Realty 6240 Riverside Plaza NW #100, Albuquerque, NM (505) 897-1100
Listing date Aug 12, 2025
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.
HighLights
- 1959‑built tri‑plex on Tennessee Street with three single‑story units
- Each unit is approx 750 SF with 2 bedrooms, 1 bath, and private yard space
- Tenant‑occupied for immediate rental income
- Units include a free‑standing electric range and refrigerator
- Dedicated parking for tenants
- Interior features include ceiling fans; flooring includes vinyl, carpet, and tile
Overview
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 | $31.8k | $13.80 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $30.0k | $13.04 |
| − OpEx | −$9.0k | −$3.91 |
| NOI | $21.0k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.557282
- Latitude
- 35.07919
