625 Louisiana SE Albuquerque, NM 87108
Four units in excellent condition, located on Louisiana SE.
Property Features for 625 Louisiana SE
General Information
- Standard status
- Active
- Size
- 3,540 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1979
Listing office (505) 620-2259
Listing date Nov 21, 2025
Source Svn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Tim Luten
Investment Insights
Based on property information with market context.
Key Highlights
- Four units in excellent condition, a fantastic investment opportunity.
- Four‑plex property, offering multiple income streams.
- Good southeast central area, providing convenient access to amenities.
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 | $48.9k | $13.80 |
| − Vacancy | −$2.7k | −$0.76 |
| EGI | $46.2k | $13.04 |
| − OpEx | −$13.8k | −$3.91 |
| NOI | $32.3k | $9.13 |
