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4-Unit Quadplex
For Sale
$399,000

308 Charleston Street NE, Albuquerque, NM 87108

Residential Income, Albuquerque, NM

Property SizeContact for details
Lot Size0.19 Acres
Days on Market92

Property Features for 308 Charleston Street NE

General Information

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description 3-A Replat Of Lots 1,2,3 And 4 And S 40Ft Of Lot 5 Blk 12 Loma Verde Subd
Tax Annual Amount 2976
Legal Description 3-A Replat Of Lots 1,2,3 And 4 And S 40Ft Of Lot 5 Blk 12 Loma Verde Subd

Building Details

Year built 1961
Number of units 4
Listing Agency: EXP Realty, LLC
Listed By: K2 Omni Group · License #50525, 20817
Added: Jul 31 Changed: Oct 30 Last Checked: Oct 30 at 5:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 4-unit residential property in Albuquerque sits on a 0.19-acre parcel and was built in 1961. Three units have been updated, and all four are rented. The roof is newer, and a water line was installed in 2025. The property is zoned R-MH*.

Key Highlights

  • Four units, all currently rented
  • Three of the four units have been updated
  • 0.19‑acre parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

Frequently Asked Questions

What type of property is this?
Quadplex - Three residences have been updated, and all four units are currently occupied.
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 units, all currently rented; Three of the four units have been updated; 0.19‑acre parcel
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