636 San Pedro Drive SE, Albuquerque, NM 87108
MULTI_FAMILY - Albuquerque, NM
- Added:
- Feb 2, 2026
- Days on Market:
- 129
- Last Refresh:
- Jun 11 at 3:06 pm
Property Features for 636 San Pedro Drive SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2
- Parking
- 6
- Patio and Porch features
- Patio
- Interior features
- CeilingFans
- Exterior features
- Patio
- Appliances
- Dryer, FreeStandingElectricRange, FreeStandingGasRange, Refrigerator, Washer
- Standard status
- Active
- APN
- 101805627341411620
- Size
- 1,950 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3114
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Ductless, Ceiling Fan(s)
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile, Vinyl
- Building materials
- Adobe
Listing agent Eric J Villa License #51535 (505) 414-0668
Listing office Keller Williams Realty 6703 Academy Road NE, ALBUQUERQUE, NM (505) 271-8200
Listing date Feb 2, 2026
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
- Remodeled 3‑unit rental property with updated interior in each unit
- Adobe construction; year built 1950
- Ductless heating and ductless cooling with ceiling fan(s)
- Includes a patio
- Kitchen appliances included: free‑standing electric range, free‑standing gas range, refrigerator, washer and dryer
- Vinyl and tile flooring throughout
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 | $26.9k | $13.80 |
| − Vacancy | −$1.5k | −$0.76 |
| EGI | $25.4k | $13.04 |
| − OpEx | −$7.6k | −$3.91 |
| NOI | $17.8k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.57718
- Latitude
- 35.069652
