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Four-Unit Apartment Building with Patios

304 Vassar Drive SE, Albuquerque, NM 87106

For Sale
Contact for pricing

Each residence offers two bedrooms, a private outdoor area, and a dedicated storage closet.

Property SizeContact for details
Days on Market184

Property Features for 304 Vassar Drive SE

General Information

Standard status Active
Property subtype Quadruplex

Site & Location

Neighborhood Uht
Public Transit Yes

Units

Unit Mix 4 x 2BR/1BA (780 sq ft)
Multifamily Units 4

Amenities

private front patio
dedicated storage closet
off-street parking
Forced Air
Evaporative Cooling
Central
Ceiling Fan(s)
Free-Standing Gas Range
Refrigerator
Patio, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Building Details

Year Built 1971
Buildings 1
Stories 1
Listed By: Joe Brooks · License NM #45296
Source: Kw
Added: May 12 Changed: Nov 8 Last Checked: Nov 10 at 11:52AM

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 Joe Brooks

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Investment Insights

Based on property information with market context.

This single-story quadplex contains four apartments, each with two bedrooms, one bathroom, and approximately 780 square feet. Private front patios and individual storage closets are provided for each residence. Interior features include forced-air heating, evaporative cooling, ceiling fans, a free-standing gas range, and a refrigerator. The property was built in 1971 and has off-street parking.

The building is at 304 Vassar Drive SE in Albuquerque, within walking distance of Nob Hill and a short drive from the University of New Mexico. Shopping, dining, entertainment, and public transportation are accessible nearby. Connected utilities include electricity, natural gas, sewer, and water.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • Approximately 780 sq ft per residence
  • Private front patio and dedicated storage closet for every unit

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,546
Businesses Nearby

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Albuquerque, NM

$166 Jul
$175 Aug
$175 Sep
$168 Oct

Properties on Market for Quadplexes in Albuquerque

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence offers two bedrooms, a private outdoor area, and a dedicated storage closet.
Where is this quadplex located?
The property is located at 304 Vassar Drive SE Albuquerque, NM.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Approximately 780 sq ft per residence; Private front patio and dedicated storage closet for every unit
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