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    323 Dallas St NE Albuquerque, NM 87108

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    For Sale
    $336,500

    Four-unit multifamily property in Albuquerque, NM with 100% occupancy.

    Property size:
    2,492 SF

    Property Features for 323 Dallas St NE

    General Information

    Size
    2,492 SF

    Building Details

    Year built
    1961

    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 multifamily property in Albuquerque, NM, presents an investment opportunity. Constructed in 1961, the 2,492 SF building contains four units and is zoned R-MH. The property is currently 100% occupied, providing a consistent income stream. Each unit is designed for comfortable living. The building is well-maintained and has a reliable rental history. The property is located in an area known for its cultural attractions, dining, and entertainment. The Downtown Arts and Cultural District and the ABQ BioPark are nearby. The area offers a variety of dining experiences, including New Mexican cuisine and international flavors. The location also provides convenient access to major transportation routes.
    Property Profile Insight Report 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
    -106.5600907
    Latitude
    35.0791808

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Albuquerque, NM with 100% occupancy.
    Where is this quadplex located?
    The property is located at 323 Dallas St NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $336,500.
    What are key features of this property?
    This property features: - 100% Occupancy: Guarantees immediate and consistent income stream.; - Multifamily Property (4 Units): Provides a diversified rental income source.; - Zoned R-MH: Suitable for low-rise/garden style development.
    (505) 620-2259
    Request Owner's contact information
    323 Dallas St NE 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
    323 Dallas St NE Albuquerque, NM 87108
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