Three-Unit Detached
For Sale
$250,000
320 Rosemont Avenue NE, Albuquerque, NM 87102
ResidentialIncome, Albuquerque, NM
Property Size1,527 SF
Lot Size0.13 Acres
Price / SF$163.72
Days on Market64
Property Features for 320 Rosemont Avenue NE
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
MX-M*
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Parking
4
Appliances
Cooktop, Refrigerator
Subdivision
B County Add
Directions
From BROADWAY and MOUNTAIN, NORTH on BROADWAY one block to ROSEMONT, EAST/RIGHT on ROSEMONT, 320 ROSEMONT is on right-hand-side
Standard status
Active
APN
101405846927610417
Size
1,527 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
1983
Building Details
Year built
1956
Floors in Building
1
Number of units
3
Flooring type
Concrete
Building materials
Frame, Stucco
Listing Agency:
Q Realty
(505) 750-0059
Listed By:
Sutter Sugar · License #20090
(505) 850-9977
Added: Aug 5
Changed: Oct 2
Last Checked: Oct 7 at 5:06PM
MLS# 1108952
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 1956 triplex contains three detached residences on a 0.13-acre site, with 1,527 square feet of building area. The units are fully occupied. Each has separate gas and electric meters, and residents pay those utility costs directly. Cooktops and refrigerators are included, and the property has MX-M zoning.
The property is at 320 Rosemont Avenue NE in Albuquerque, between the University of New Mexico and downtown. Its configuration consists of three distinct detached units on one site.
The property is at 320 Rosemont Avenue NE in Albuquerque, between the University of New Mexico and downtown. Its configuration consists of three distinct detached units on one site.
Key Highlights
- Three detached units, all fully occupied
- 1,527 square feet of building area on a 0.13‑acre lot
- MX‑M zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,940
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,800
$278.8K
Cap Rate 7%
$199,143
$199.1K
Cap Rate 9%
$154,889
$154.9K
Market Conditions
NOI Build-Up for 1,527 SF
Gross rent
$21.1K $13.80/SF
− Vacancy
−$1.2K −$0.76/SF
EGI
$19.9K $13.04/SF
− OpEx
−$6.0K −$3.91/SF
NOI
$13.9K $9.13/SF
Area
Albuquerque, NM
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,800
Cap Rate 7%
$199,143
Cap Rate 9%
$154,889
Alternative Uses
Best Use
Multifamily LT 5
$199.1K
$174.3K – $232.3K
NOI $13,940 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$184.3K
$161.2K – $215.0K
NOI $12,898 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$369.4K
$323.2K – $431.0K
NOI $25,859 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,609
Businesses Nearby
Explore this area
Business Placement
Demographics for 87102, NM
20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - All three residences are occupied, with gas and electric service separately metered for each unit.
Where is this triplex located?
The property is located at 320 Rosemont Avenue NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three detached units, all fully occupied; 1,527 square feet of building area on a 0.13‑acre lot; MX‑M zoning
