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Four-Unit Multifamily Property
For Sale
$540,000

3212 Wellesley Court NE, Albuquerque, NM 87107

Residential Income, Albuquerque, NM

Property SizeContact for details
Lot Size0.21 Acres
Days on Market49

Property Features for 3212 Wellesley Court NE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-MH*
Bedrooms 24
Full bathrooms 18
Rooms Bedroom 24, Bedroom 21, Bathroom 8, Bathroom 18, Bedroom 5, Bathroom 14, Bathroom 15, Bedroom 4, Bathroom 11, Bedroom 18, Bedroom 15, Bathroom 4, Bedroom 13, Bathroom 13, Bathroom 9, Bedroom 16, Bedroom 1, Bedroom 23, Bathroom 17, Bedroom 3, Bedroom 12, Bathroom 10, Bedroom 10, Bedroom 8, Bedroom 6, Bedroom 22, Bathroom 7, Bedroom 11, Bedroom 19, Bedroom 9, Bedroom 20, Bedroom 17, Bathroom 12, Bathroom 5, Bedroom 2, Bedroom 7, Bathroom 6, Bathroom 1, Bathroom 2, Bedroom 14, Bathroom 16, Bathroom 3
Parking 6
Directions From I-25 and Montgomery, east on Montgomery, south on Carlisle, west on Aztec, south on Wellesley to property.
Subdivision 41 - Uptown
Standard status Active
APN 101606045109540308
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description 0017 Replat Lots 1 Thru 7 Of Tr 6 Blk A Indian Acres Subd
Tax Annual Amount 5119
Legal Description 0017 Replat Lots 1 Thru 7 Of Tr 6 Blk A Indian Acres Subd

Building Details

Year built 1973
Number of units 4
Listing Agency: LPT Realty
Listed By: Shane M. Dolinski · License #REC20250300
Added: Sep 15 Changed: Nov 2 Last Checked: Nov 2 at 11:06PM
MLS# 1113402

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.

Built in 1973, this four-unit residential property occupies a 0.21-acre site in Albuquerque and is zoned R-MH*. Improvements across the residences include new fencing, water heaters, and evaporative coolers. The flat roof section was replaced with TPO in early 2023. One unit received a furnace in 2024, and Unit A gained a refrigerator in 2025. Unit D has new luxury vinyl plank flooring and fresh paint.

Key Highlights

  • Four residential units on a 0.21‑acre site
  • R‑MH* zoning
  • Flat roof section replaced with TPO in early 2023

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,344
Businesses Nearby

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences have been refreshed, with additional work to fencing, water heaters, cooling equipment, and the roof.
Where is this quadplex located?
The property is located at 3212 Wellesley Court NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Four residential units on a 0.21‑acre site; R‑MH* zoning; Flat roof section replaced with TPO in early 2023
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