1005 Carlisle Boulevard SE Albuquerque, NM 87106
MULTI_FAMILY - Albuquerque, NM
Property Features for 1005 Carlisle Boulevard SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
- Parking
- 8
- Patio and Porch features
- Patio
- Exterior features
- Patio
- Appliances
- Dryer, FreeStandingElectricRange, Washer
- Standard status
- Active
- APN
- 101605651922241513
- Size
- 2,640 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4483
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl
- 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 8, 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 property is located in the Knob Heights neighborhood on the south side of Ridgecrest. It offers walking distance access to Castle Coffee and theSource Community Center, as well as nearby community garden and neighborhood parks. It is also minutes from UNM, CNM, Kirtland Air Force Base, the Albuquerque International Sunport, and I-25.
The lot size is listed at 0.1 acres, and the total property size is listed at 2,640 square feet.
Key Highlights
- UNM 4‑plex built in 1962 with 1 bd/1 ba floor plans of just over 660 SF per apartment
- All 4 apartments have been modernized and include in‑unit washer/dryer hookups with washer and dryer appliances listed
- Building updates include a new roof installed in 2025
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 | $36.4k | $13.80 |
| − Vacancy | −$2.0k | −$0.76 |
| EGI | $34.4k | $13.04 |
| − OpEx | −$10.3k | −$3.91 |
| NOI | $24.1k | $9.13 |
