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Quadplex with Updated Units
For Sale
$399,000

308 Charleston Street NE, Albuquerque, NM 87108

MULTI_FAMILY - Albuquerque, NM

Property SizeContact for details
Lot Size0.19 Acres
Days on Market13

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 Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 2
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 Vinyl, Tile
Listing Agency: EXP Realty, LLC
Listed By: K2 Omni Group · License #50525, 20817
Added: Jul 31 Changed: Aug 10 Last Checked: Aug 12 at 2:06AM
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 quadplex offers four rental units on a 0.19-acre lot. The home was built in 1961 and features vinyl and tile flooring. Appliances include a free-standing gas range. Three of the four units have been updated, and all units are described as being in good condition. Roof is noted as newer, and the property has a brand new water line installed in 2025.

The property is located at 308 Charleston Street NE in Albuquerque, NM 87108 (Bernalillo County). It is presented as a fully rented 4-plex opportunity.

With unit updates already underway in most of the building and key exterior/plumbing items addressed, the property may appeal to buyers seeking an income-producing multi-family structure with multiple units maintained for day-to-day rental use.

Key Highlights

  • Four‑unit quadplex on 0.19 acres
  • Built in 1961
  • Three of the four units updated

Property Analytics

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

878
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

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 - Four-unit quadplex on a 0.19-acre lot with three units updated, a newer roof, and a brand new 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 on 0.19 acres; Built in 1961; Three of the four units updated
More about this property
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