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    127 Tennessee St SE Albuquerque, NM 87108

    For Sale
    $402,800

    Four-unit building in Albuquerque, prime location, strong investment potential.

    Property size:
    3,126 SF

    Property Features for 127 Tennessee St SE

    General Information

    Size
    3,126 SF

    Building Details

    Year built
    1980

    Source: Tim Luten Agent Tim Luten

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Albuquerque Multifamily Investment Opportunity

    This 3,126 square foot building, constructed in 1980, presents an investment opportunity in Albuquerque. Featuring four units, this property is suited for multifamily and mid-rise investors, offering potential for rental income and overall returns. The property's layout and construction may attract tenants and maximize investment potential. Its location enhances the investment portfolio of investors seeking opportunities in a growing market. The area surrounding the property offers modern conveniences and cultural attractions. The ABQ BioPark provides a place for relaxation, while the downtown area offers dining, shopping, and entertainment. With its proximity to the University of New Mexico, the property attracts a variety of tenants and ensures a dynamic living environment.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5573489
    Latitude
    35.0736273

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    FAQs

    What type of property is this?
    Quadplex - Four-unit building in Albuquerque, prime location, strong investment potential.
    Where is this quadplex located?
    The property is located at 127 Tennessee St SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $402,800.
    What are key features of this property?
    This property features: - Four-unit building offers substantial rental income potential.; - Prime Albuquerque location near ABQ BioPark, downtown, and the University of New Mexico.; - Suited for multifamily and mid-rise investors.
    (505) 620-2259
    Request Owner's contact information
    127 Tennessee St SE Albuquerque, NM 87108
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    Albuquerque, NM 87108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    127 Tennessee St SE Albuquerque, NM 87108
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