1133 Louisiana Boulevard SE Albuquerque, NM 87108
MULTI_FAMILY - Albuquerque, NM
Property Features for 1133 Louisiana Boulevard SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4
- Parking
- 5
- Patio and Porch features
- Patio
- Exterior features
- Landscaping, Patio
- Appliances
- Dishwasher, FreeStandingElectricRange, Disposal
- Standard status
- Active
- APN
- 101805651902240803
- Size
- 1,562 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- Lot C-2 Block 32-A, Elder Homestead
- Tax Annual Amount
- 1951
Utilities
- Heating system
- Central, Forced Air
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Laminate
- Building materials
- Log
Listing agent Sandi D. Pressley License #14871 (505) 263-2173
Listing office Coldwell Banker Legacy 10400 Academy Road NE #100, Albuquerque, NM (505) 293-3700
Listing date Jun 18, 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 includes five paved parking spaces dedicated to the duplex. Public remarks note new evaporative coolers as part of recent updates. Both units are available to show by appointment.
Set on a small lot, the duplex provides a straightforward two-unit residential income configuration with individual interior amenities and a private outdoor area for the bottom unit.
Key Highlights
- Renovated duplex built in 1984 with log construction
- Each unit offers an open kitchen, no‑carpet flooring (wood‑laminate and tile), and in‑unit laundry
- Each unit features 2 bedrooms and a renovated full bathroom
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 | $21.6k | $13.80 |
| − Vacancy | −$1.2k | −$0.76 |
| EGI | $20.4k | $13.04 |
| − OpEx | −$6.1k | −$3.91 |
| NOI | $14.3k | $9.13 |
