11013 Towner Avenue NE, Albuquerque, NM 87112
MULTI_FAMILY - Albuquerque, NM
- Added:
- Jan 19, 2026
- Days on Market:
- 142
- Last Refresh:
- Jun 10 at 8:06 am
Property Features for 11013 Towner Avenue NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 2
- Parking
- 6
- Appliances
- Dishwasher, FreeStandingElectricRange, Refrigerator
- Standard status
- Active
- APN
- 102105945424442319
- Size
- 3,080 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3827
Utilities
- Heating system
- Forced Air, Central
Building Details
- Year built
- 1972
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Tile
- Building materials
- Brick, Frame, Stucco
Listing agent Nathan Louis Boitano License #REC-2025-0807 (505) 301-4170
Listing office RE/MAX SELECT 8300 Carmel Ave NE Suite 203, Albuquerque, NM (505) 798-1000
Listing date Jan 19, 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
- Well‑maintained 4‑plex built in 1972 in NE Heights
- Unit mix: two 2 bed / 1 bath units and two 1 bed / 1 bath units
- All units currently occupied
- Individually metered for electric; master meter for gas and water/sewer
- Central forced‑air heating
- Brick, frame, and stucco exterior; carpet and tile flooring
Overview
Located at 11013 Towner Avenue NE in Albuquerque’s NE Heights area, the property is positioned for convenient day-to-day access. The listing describes a central location and emphasizes the outdoor courtyard setting, along with dedicated parking for tenants.
All units are currently occupied, which may appeal to buyers seeking an income-producing residential asset with established tenancy. The listing also states a projected 5.5% cap rate and describes the surrounding area as highly rentable. With its mix of unit sizes and separated electric metering, this fourplex may fit investors and owner-operators looking for manageable unit diversification within a compact footprint.
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 | $42.5k | $13.80 |
| − Vacancy | −$2.3k | −$0.76 |
| EGI | $40.2k | $13.04 |
| − OpEx | −$12.0k | −$3.91 |
| NOI | $28.1k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.517924
- Latitude
- 35.108128
