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Renovated Four-Unit Property
For Sale
$760,000

622 Jefferson Street NE, Albuquerque, NM 87110

CommercialSale, Albuquerque, NM

Property SizeContact for details
Lot Size0.15 Acres
Days on Market15

Property Features for 622 Jefferson Street NE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description R-ML*
Parking 6
Parking features Assigned
Directions Heading East on I-40, take exit 161 on the right onto San Mateo Blvd NE. Turn right onto San Mateo Blvd NE. Turn right onto Marble Ave NE.
Subdivision 40 - UNM
Standard status Active
APN 101705834106340311
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 7714

Utilities

Heating system Electric (Heating), Natural Gas
Cooling system Ductless

Amenities

courtyard

Building Details

Floors in Building 1
Listing Agency: Keller Williams Realty
Listed By: Steven A Grant · License #52493
Added: Aug 9 Changed: Aug 22 Last Checked: Aug 23 at 3:06PM
MLS# 1109677

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 renovated fourplex includes a primary three-bedroom, two-bath residence with more than 1,200 square feet of finished space, along with three additional units. Two units are furnished and have operated as short-term rentals, while the property can also support mid-term or traditional long-term leasing configurations. A courtyard, mature tree, cedar fencing, assigned parking, ductless cooling, and electric and natural gas heating are among the property features.

Located at 622 Jefferson Street NE in Albuquerque, the property is near the University of New Mexico Hospital and provides access to I-40. Nob Hill restaurants and shops, Uptown retail and offices, hospitals, the university, and national laboratories are identified as nearby destinations. The 0.15-acre property offers a residential-scale setting within the Near Heights area.

Key Highlights

  • Fourplex with a three‑bedroom, two‑bath primary residence
  • Primary residence contains more than 1,200 square feet of finished space
  • Three additional units; two are furnished and have operated as short‑term rentals

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Wine and Liquor Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby

Demographics for 87110, NM

38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four renovated units include a three-bedroom, two-bath residence plus three additional units with flexible rental configurations.
Where is this quadplex located?
The property is located at 622 Jefferson Street NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Fourplex with a three‑bedroom, two‑bath primary residence; Primary residence contains more than 1,200 square feet of finished space; Three additional units; two are furnished and have operated as short‑term rentals
More about this property
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