4-Unit Multifamily
For Sale
$499,999
3102 Rosendo Garcia Road SW, Albuquerque, NM 87105
ResidentialIncome, Albuquerque, NM
Property Size4,465 SF
Lot Size0.51 Acres
Price / SF$111.98
Days on Market160
Property Features for 3102 Rosendo Garcia Road SW
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
M-H
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 9, Bedroom 3, Bedroom 2, Bedroom 8, Bedroom 1, Bedroom 7
Interior features
CeilingFans
Appliances
Dryer, Dishwasher, FreeStandingGasRange, Refrigerator, RangeHood, SelfCleaningOven, Washer
Directions
South on Old Coors to Rosendo Garcia Road. Go right on Rosendo Garcia. Second house on the left past Foothills Road.
Subdivision
90 - Near South Valley
Standard status
Active
APN
101105631709940602
Size
4,465 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Annual Amount
2924
Utilities
Heating system
Ductless (Heating), Forced Air, Central
Cooling system
Ceiling Fan(s), Ductless
Building Details
Year built
1940
Floors in Building
1
Number of units
4
Flooring type
Carpet, Tile
Building materials
Adobe, Frame, Stucco
Listing Agency:
EXP Realty, LLC
(505) 750-2837
Listed By:
Noah Gianna Sais-Trujillo · License #REC20250918
(505) 340-5893
Added: May 1
Changed: Sep 27
Last Checked: Oct 7 at 2:06PM
MLS# 1103768
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 Albuquerque multifamily property contains 4,465 square feet across four heated and cooled residences. The main house has 5 bedrooms and 2 bathrooms, while a second house includes 2 bedrooms and 1 bathroom. Two additional units are detached. The property is vacant. Recent work includes HVAC, mini-split, electrical, and plumbing upgrades, along with new additions.
The 0.51-acre site is located on Rosendo Garcia Road SW. The improvements date to 1940.
The 0.51-acre site is located on Rosendo Garcia Road SW. The improvements date to 1940.
Key Highlights
- Four heated and cooled units, including two detached residences
- 5‑bedroom, 2‑bath main house and a 2‑bedroom, 1‑bath secondary house
- 4,465 square feet of property area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,197
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$743,940
$743.9K
Cap Rate 7%
$531,386
$531.4K
Cap Rate 9%
$413,300
$413.3K
Market Conditions
NOI Build-Up for 4,465 SF
Gross rent
$72.3K $16.20/SF
− Vacancy
−$4.7K −$1.05/SF
EGI
$67.6K $15.15/SF
− OpEx
−$30.4K −$6.82/SF
NOI
$37.2K $8.33/SF
Area
ZIP 87105
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$743,940
Cap Rate 7%
$531,386
Cap Rate 9%
$413,300
Alternative Uses
Best Use
Apartment 5plus
$531.4K
$465.0K – $620.0K
NOI $37,197 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
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.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - All four residences have heating and cooling, and the property is vacant.
Where is this multifamily property located?
The property is located at 3102 Rosendo Garcia Road SW 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, including two detached residences; 5‑bedroom, 2‑bath main house and a 2‑bedroom, 1‑bath secondary house; 4,465 square feet of property area
