Three-Unit Residential Income
525 Valencia Drive SE Albuquerque, NM 87108
New
For Sale
$395,000
MULTI_FAMILY - Albuquerque, NM
Property Size2,320 SF
Lot Size0.16 Acres
Price / SF$170.26
Days on Market3
Property Features for 525 Valencia Drive SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2
- Parking
- 3
- Exterior features
- Landscaping
- Accessibility
- Accessible Approach with Ramp
- Appliances
- FreeStandingElectricRange, FreeStandingGasRange
- Standard status
- Active
- APN
- 101805615448922905
- Size
- 2,320 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2103
Utilities
- Cooling system
- Multi Units
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Carpet, Tile
- Building materials
- Frame, Stucco
Listing Agency:
DBI Real Estate LLC
(505) 463-3667
Listed By:
Jeff Grier · License #15017
(505) 463-3667
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 26 at 6:06PM
MLS# 1107946
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.
This for-sale residential income property consists of three total units in a single building, with each unit offering two bedrooms and one bathroom plus a small storage area. Each unit also includes one dedicated parking space. The building, roof, and property are all reported to be in good condition.
The property is located at 525 Valencia Drive SE in Albuquerque, New Mexico 87108, within Bernalillo County.
With consistent unit layouts throughout, the asset provides a straightforward, repeatable residential configuration for tenancy within the existing three-unit structure.
The property is located at 525 Valencia Drive SE in Albuquerque, New Mexico 87108, within Bernalillo County.
With consistent unit layouts throughout, the asset provides a straightforward, repeatable residential configuration for tenancy within the existing three-unit structure.
Key Highlights
- 3 total units; each unit has 2 bedrooms and 1 bath, plus a small storage area
- Each unit includes 1 parking space
- Frame and stucco construction; flooring includes carpet and tile
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 | $32.0k | $13.80 |
| − Vacancy | −$1.8k | −$0.76 |
| EGI | $30.3k | $13.04 |
| − OpEx | −$9.1k | −$3.91 |
| NOI | $21.2k | $9.13 |
2,320 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.6K
$264.7K – $353.0K
NOI $21,179 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$279.9K
$245.0K – $326.6K
NOI $19,596 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$561.3K
$491.1K – $654.8K
NOI $39,288 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained three-unit building with each unit featuring two bedrooms, one bath, storage, and a dedicated parking space.
Where is this triplex located?
The property is located at 525 Valencia Drive SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 3 total units; each unit has 2 bedrooms and 1 bath, plus a small storage area; Each unit includes 1 parking space; Frame and stucco construction; flooring includes carpet and tile
