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    8508 Marquette Ave NE Albuquerque, NM 87108

    Pending
    For Sale
    $430,000

    Quadruplex - Albuquerque, NM

    Type:Quadruplex
    Property size:
    2,800 SF
    Lot size:
    0.13 Acres
    Days on Market:
    187
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 8508 Marquette Ave NE

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Pending
    Zoning
    R-ML*
    Rooms
    Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    101905749739110723
    Parking
    1.5
    Interior features
    Ceiling Fans
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Size
    2,800 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Ceiling Fan(s), Evaporative Cooling

    Building Details

    Year built
    1979
    Number of units
    4
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame, Stucco
    Architectural style
    Other

    Full House Real Estate, LLC (505) 244-1918 [email protected]

    Listing agent Janet McDavid-Fitak (505) 244-1918 License #51176

    Listing date Jun 11, 2025

    MLS# 1085622 Listing URL

    Copyright © 2025 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

    Income-Producing Albuquerque Quadruplex For Sale

    This professionally managed fourplex in Albuquerque, New Mexico, features four units, each with 2 bedrooms and 1 bathroom. Three of the units have been updated. Units A and D feature vinyl wood flooring, carpeted bedrooms, and matching appliances. Unit B includes carpet throughout with vinyl wood flooring in the kitchen and bathroom. Unit C remains in original condition and has not been updated. Units A, B, and C are currently occupied by established tenants. Unit C is month to month. Unit D will be vacated on June 30, 2025, offering an opportunity for an FHA buyer to owner-occupy and generate rental income. Each unit is equipped with a RING doorbell, and the building has one shared exterior. The property is located on a lot with an area of 0.13 acres and has a total living area of 2800 square feet. The zoning is R-ML*.
    Property Profile 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
    -106.551991
    Latitude
    35.083489

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex with income potential and owner-occupancy opportunity.
    Where is this quadplex located?
    The property is located at 8508 Marquette Ave NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - Income-producing 4-plex with established tenants in 3 units.; - Unit D will be vacant June 30, 2025, ideal for owner-occupancy with rental income potential.; - Three units updated with vinyl wood flooring and matching appliances.
    (505) 244-1918
    Request Owner's contact information
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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
    8508 Marquette Ave NE Albuquerque, NM 87108
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