Renovated Duplex with Fenced
1133 Louisiana Boulevard SE Albuquerque, NM 87108
1133 Louisiana Boulevard SE, Albuquerque, NM, 87108
$339,333
For Sale
$339,333
MULTI_FAMILY - Albuquerque, NM
Property Size1,562 SF
Lot Size0.12 Acres
Price / SF$217.24
Days on Market35
Property Features for 1133 Louisiana Boulevard SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3
- 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 agency
Coldwell Banker Legacy
(505) 293-3700
Listed by
Sandi D. Pressley · License #14871
(505) 263-2173
Added: Jun 18 Updated: Jul 21 at 9:55PM Checked: Jul 22 at 9:06AM
MLS# 1107318
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.
This renovated duplex offers two separate units, with each unit featuring an open kitchen, wood-laminate and tile flooring (no carpet), in-unit laundry, and a renovated full bathroom with two bedrooms. The bottom unit also includes an oversized, fully fenced, landscaped yard with an open patio.
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.
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 features an open kitchen with wood‑laminate and tile flooring (no carpet) and renovated full bathroom
- 2 bedrooms per unit plus in‑unit laundry for both units
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 |
1,562 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$203.7K
$178.2K – $237.7K
NOI $14,259 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$188.5K
$164.9K – $219.9K
NOI $13,194 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$377.9K
$330.7K – $440.9K
NOI $26,452 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-unit duplex features two bedrooms per unit, in-unit laundry, and a fully fenced private yard.
Where is this duplex located?
The property is located at 1133 Louisiana Boulevard SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $339,333.
What are key features of this property?
This property features: Renovated duplex built in 1984 with log construction; Each unit features an open kitchen with wood‑laminate and tile flooring (no carpet) and renovated full bathroom; 2 bedrooms per unit plus in‑unit laundry for both units
