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Updated Quadplex
For Sale
$399,000

308 Charleston Street NE, Albuquerque, NM 87108

ResidentialIncome, Albuquerque, NM

Property SizeContact for details
Lot Size0.19 Acres
Days on Market59

Property Features for 308 Charleston Street NE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description R-MH*
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4, Bathroom 1
Appliances FreeStandingGasRange
Subdivision Loma Verde Subd
Directions USE GPS
Standard status Active
APN 101905724221732717
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 2976

Building Details

Year built 1961
Floors in Building 1
Number of units 4
Flooring type Tile, Vinyl
Listing Agency: EXP Realty, LLC
Listed By: K2 Omni Group · License #50525, 20817
Added: Jul 31 Changed: Sep 16 Last Checked: Sep 27 at 12:06PM
MLS# 1108328

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 four-unit residential property in Albuquerque was built in 1961 and sits on a 0.19-acre lot. Three units have been updated, while the property includes tile and vinyl flooring, freestanding gas ranges, and four bathrooms. A newer roof and a new water line installed in 2025 are also part of the improvements.

Located at 308 Charleston Street NE in Albuquerque, the property is fully rented and configured as a quadplex. The four-unit layout provides an established residential rental asset with existing occupancy and documented updates across most of the units.

Key Highlights

  • Four‑unit quadplex is fully rented
  • Three of the four units have been updated
  • New water line installed in 2025

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Nail Salon Parking Lot & Garage Electrical Service Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully rented property with three updated units, tile and vinyl flooring, and a 2025 water line.
Where is this quadplex located?
The property is located at 308 Charleston Street NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four‑unit quadplex is fully rented; Three of the four units have been updated; New water line installed in 2025
More about this property
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