1003-1005 Carlisle Boulevard SE Albuquerque, NM 87106
MULTI_FAMILY - Albuquerque, NM
Property Features for 1003-1005 Carlisle Boulevard SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 7
- Rooms
- Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 6, Bedroom 4, Bathroom 5, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 1, Bathroom 7, Bedroom 3
- Parking
- 11
- Patio and Porch features
- Patio
- Exterior features
- Landscaping, Patio
- Appliances
- Dryer, FreeStandingGasRange, Refrigerator, RangeHood, Washer
- Standard status
- Active
- APN
- 101605651822841514
- Size
- 4,805 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9108
Utilities
- Heating system
- Forced Air, Central
- Cooling system
- Varies by Unit
Building Details
- Year built
- 1947
- Floors in Building
- 2
- Number of units
- 7
- Flooring type
- Vinyl, Wood
- Building materials
- Frame, Stucco
Listing agent Kyle E Deacon License #15579 (505) 878-0100
Listing office Deacon Property Services 4308 Carlisle Blvd NE Ste. 102, Albuquerque, NM (505) 878-0100
Listing date May 1, 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.
Investment Insights
Based on property information with market context.
The community is located in the Knob Heights neighborhood on Albuquerque’s south side, in an area of redevelopment. The property is positioned within walking distance to Castle Coffee and community amenities including the Source Community Center and a community garden, and it is also noted as minutes to UNM, CNM, Kirtland Air Force Base, the Albuquerque International Sunport, and I-25.
Key Highlights
- 7‑unit apartment compound at 1003–1005 Carlisle SE, comprised of a four‑plex and a tri‑plex on two separate parcels
- Year built: 1947 with frame and stucco construction
- Central forced‑air heating; cooling varies by unit
Local Financial Insights For Apartment 5plus
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 | $77.8k | $16.20 |
| − Vacancy | −$4.0k | −$0.84 |
| EGI | $73.8k | $15.36 |
| − OpEx | −$33.2k | −$6.91 |
| NOI | $40.6k | $8.45 |
