Four-Unit Residential
For Sale
$499,999
3102 Rosendo Garcia Road Southwest, Albuquerque, NM 87105
The vacant property combines two homes with two detached, climate-controlled units.
Property Size4,465 SF
Lot Size0.50 Acres
Price / SF$111.98
Days on Market166
Property Features for 3102 Rosendo Garcia Road Southwest
General Information
Standard status
Active
Size
4,465 SF
Lot size
0.50 Acres
Property subtype
Residential Income / Quadruplex
Site & Location
Neighborhood
Svc
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,924
Amenities
Ductless, Evaporative Cooling, Ceiling Fans
Central, Ductless, Forced Air
Carpet, Tile
Dryer, Dishwasher, Free Standing Gas Range, Refrigerator, Range Hood, Self Cleaning Oven, Washer
Yes
9
Washer Hookup, Dryer Hookup, In Unit
Ceiling Fans
4
1
Building Details
Year Built
1940
Buildings
4
Listing Agency:
EXP Realty, LLC
Listed By:
Noah Gianna Sais-Trujillo · License #REC20250918
(505) 340-5893
Source:
Compass
Added: May 18
Changed: Oct 27
Last Checked: Oct 28 at 11:30AM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 1940, this 4,465-square-foot residential property contains four heated and cooled units. The main home has five bedrooms and two bathrooms, while the second home has two bedrooms and one bathroom. Two additional units are detached. The property is vacant, and improvements include HVAC, mini-split systems, electrical and plumbing work, and additions.
The approximately half-acre site is at 3102 Rosendo Garcia Road Southwest in Albuquerque. Its residential configuration includes both attached-home and detached-unit components.
The approximately half-acre site is at 3102 Rosendo Garcia Road Southwest in Albuquerque. Its residential configuration includes both attached-home and detached-unit components.
Key Highlights
- Four heated and cooled units across two homes and two detached buildings
- Main home has 5 bedrooms and 2 bathrooms; second home has 2 bedrooms and 1 bathroom
- 4,465 square feet on approximately half an acre
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,471
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,420
$809.4K
Cap Rate 7%
$578,157
$578.2K
Cap Rate 9%
$449,678
$449.7K
Market Conditions
NOI Build-Up for 4,465 SF
Gross rent
$61.6K $13.80/SF
− Vacancy
−$3.8K −$0.85/SF
EGI
$57.8K $12.95/SF
− OpEx
−$17.3K −$3.88/SF
NOI
$40.5K $9.06/SF
Area
ZIP 87105
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,420
Cap Rate 7%
$578,157
Cap Rate 9%
$449,678
Alternative Uses
Best Use
Multifamily LT 5
$578.2K
$505.9K – $674.5K
NOI $40,471 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$531.4K
$465.0K – $620.0K
NOI $37,197 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$974.2K
$852.5K – $1.14M
NOI $68,197 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
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Business Placement
Demographics for 87105, NM
54,151
Population
20,263
Households
2.7
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
40.2 sq mi
ZIP Area
1,347
Density / Sq Mi
$49,928
Median Household Income
$32,490
Median Earnings
$972
Median Rent
$200,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The vacant property combines two homes with two detached, climate-controlled units.
Where is this quadplex located?
The property is located at 3102 Rosendo Garcia Road Southwest Albuquerque, NM.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Four heated and cooled units across two homes and two detached buildings; Main home has 5 bedrooms and 2 bathrooms; second home has 2 bedrooms and 1 bathroom; 4,465 square feet on approximately half an acre
