Residential Income Home with Side
1808 William Street SE Albuquerque, NM 87102
1808 William Street SE, Albuquerque, NM, 87102
$265,000
For Sale
$265,000
MULTI_FAMILY - Albuquerque, NM
Property Size1,268 SF
Lot Size0.16 Acres
Price / SF$208.99
Days on Market140
Property Features for 1808 William Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1
- Appliances
- Dryer, Dishwasher, FreeStandingGasRange, Refrigerator, Washer
- Standard status
- Active
- APN
- 101405624824841971
- Size
- 1,268 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3511
Utilities
- Heating system
- Forced Air, Central
Building Details
- Year built
- 1906
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Laminate, Carpet
- Building materials
- Frame, Stucco
Listing Agency
Coldwell Banker Legacy
(505) 293-3700
10400 Academy Road NE #100, Albuquerque, NM
Listed by
Anthony Charles Ilfeld · License #51592
(505) 269-5600
Added: Feb 27 Checked: Jul 17 at 5:06 pm
MLS# 1098968
Listing URL
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 residential income property includes an open living and dining layout and is sized at 1,268 square feet. The home offers refrigerated air for year-round comfort and includes a gated side yard with access through the property, providing room for parking an RV, trailer, or additional vehicles. The backyard is fully enclosed.
Additional improvements noted in the remarks include a new water heater. The property is situated on a 0.16-acre lot in Albuquerque, New Mexico.
While the listing is presented as a multi-family/residential income option, details about unit count and specific configuration are not provided in the available information.
Additional improvements noted in the remarks include a new water heater. The property is situated on a 0.16-acre lot in Albuquerque, New Mexico.
While the listing is presented as a multi-family/residential income option, details about unit count and specific configuration are not provided in the available information.
Key Highlights
- 1906‑built home with frame and stucco construction
- Appliances included: refrigerator, washer, dryer, dishwasher, and free‑standing gas range
- Central forced‑air heating plus refrigerated air
Local Financial Insights For Apartment 5plus
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 | $20.5k | $16.20 |
| − Vacancy | −$1.1k | −$0.84 |
| EGI | $19.5k | $15.36 |
| − OpEx | −$8.8k | −$6.91 |
| NOI | $10.7k | $8.45 |
1,268 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$153.0K
$133.9K – $178.5K
NOI $10,710 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$306.8K
$268.4K – $357.9K
NOI $21,473 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Multi-family property featuring open living and dining space, refrigerated air, and gated side-yard access.
Where is this single family property located?
The property is located at 1808 William Street SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1906‑built home with frame and stucco construction; Appliances included: refrigerator, washer, dryer, dishwasher, and free‑standing gas range; Central forced‑air heating plus refrigerated air
