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    401 Vermont St NE Albuquerque, NM 87108

    Sponsored
    For Sale
    $389,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    2,719 SF
    Lot size:
    0.16 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 401 Vermont St NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
    Bedrooms
    1
    Bathrooms
    1
    APN
    101905743827110502
    Patio and Porch features
    Patio
    Exterior features
    Lighting, Patio
    Fireplace
    1
    Appliances
    FreeStandingGasRange, Disposal, Refrigerator, RangeHood
    Size
    2,719 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Vinyl, Laminate

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent David W Wedding (505) 926-2272 License #20026

    Listing date Jan 8, 2026

    MLS# 1094694 Listing URL

    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

    Albuquerque Multifamily Investment Opportunity

    This fourplex in Albuquerque, New Mexico, presents an investment opportunity with immediate cash flow. The property is currently 100% occupied with stable tenants. Each unit includes a small backyard and dedicated off-street parking. Tenant-paid utilities minimize landlord operating expenses. The property features new sewer lines and a TPO membrane roof. It is strategically positioned near major economic and entertainment hubs with easy access to I-40. The property size is 2719 square feet, situated on a lot of approximately 0.16 acres. Current rents are below market, offering an opportunity to increase rents and boost the Cap Rate and overall ROI. Showings are scheduled after an executed purchase agreement and are subject to tenant availability.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.55396
    Latitude
    35.080138

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    FAQs

    What type of property is this?
    Quadplex - Fourplex with immediate cash flow and upside potential in Albuquerque.
    Where is this quadplex located?
    The property is located at 401 Vermont St NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - Immediate cash flow with 100% occupancy and reliable tenants.; - Significant upside potential through achievable rent increases (current rents below market).; - Tenant-paid utilities minimize landlord expenses and maximize Net Operating Income (NOI).
    (505) 331-9760
    Request Owner's contact information
    401 Vermont St NE 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
    401 Vermont St NE Albuquerque, NM 87108
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