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    Single-Story Triplex Near UNM Title is generated by Realmo AI

    502 Vassar Drive SE, Albuquerque, NM 87106

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    For Sale
    $495,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    2,457 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $201/SF
    Added:
    May 20, 2026
    Days on Market:
    39
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 502 Vassar Drive SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
    Interior features
    CeilingFans
    Appliances
    Dryer, FreeStandingGasRange, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    101605723102530404
    Size
    2,457 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5329

    Utilities

    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1946
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Laminate, Wood
    Building materials
    Frame, Stucco

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    Contact an agent
    Charlene Rockwell
    Charlene Rockwell

    Listing agent Charlene Rockwell License #43575

    Listing office Coldwell Banker Legacy 8200 Carmel Ave NE STE 103, Albuquerque, NM

    Listing date May 20, 2026

    MLS# 1105057 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.

    HighLights

    • Single‑story triplex built in 1946 with three 2‑bedroom, 1‑bath units
    • Two units currently rented, offering immediate income potential
    • Two units include garage/storage space
    • Each unit features stackable washer/dryer hookups and solid‑surface flooring
    • Interior includes ceiling fans; appliances listed include refrigerator, microwave, washer, dryer, and free‑standing gas range
    • Frame and stucco construction with laminate and wood flooring

    Overview

    This single-story triplex includes three separate 2-bedroom, 1-bath units. Each unit features durable solid-surface flooring and convenient stackable washer/dryer units. Two of the three units also include garage or storage space, which can support everyday tenant needs and add functional value to the overall layout. Currently, two units are rented, while the remaining unit provides flexibility for an owner occupant or an additional rental setup.

    The property is located in the UNM South area of Albuquerque, near the University of New Mexico and within reach of downtown, shopping, dining, and major commuter routes. This positioning can appeal to tenants seeking practical access to everyday destinations and established employment and campus connections.

    For investors, the current rent roll from two occupied units may help streamline ownership from day one. For owner-occupants, the vacant unit offers the option to live in one unit while maintaining rental income from the other two. The straightforward three-unit configuration and in-unit laundry features make the property an easy fit for tenants looking for manageable, self-contained living arrangements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.614221
    Latitude
    35.073495

    FAQs

    What type of property is this?
    Triplex - Three 2-bedroom units with solid-surface flooring and in-unit stackable washer/dryer hookups, with two units offering garage/storage.
    Where is this triplex located?
    The property is located at 502 Vassar Drive SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Single‑story triplex built in 1946 with three 2‑bedroom, 1‑bath units; Two units currently rented, offering immediate income potential; Two units include garage/storage space
    More about this property
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