Fourplex with In-Unit
For Sale
$559,000
325 San Andres Avenue NW, Albuquerque, NM 87107
ResidentialIncome, Albuquerque, NM
Property Size3,632 SF
Lot Size0.23 Acres
Price / SF$153.91
Days on Market189
Property Features for 325 San Andres Avenue NW
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
MX-T*
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2
Exterior features
Lighting
Appliances
BuiltInGasRange, Dryer, FreeStandingElectricRange, Refrigerator, Washer
Subdivision
Herrera Subdivision
Directions
North on 4th St past Griegos, East on San Andres, property is on the North side
Standard status
Active
APN
1010038135165000000
Size
3,632 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
6642
Utilities
Heating system
Central, Hot Water(Heating), Forced Air
Amenities
in-unit washer/dryer
covered parking
Building Details
Year built
1957
Floors in Building
1
Number of units
4
Flooring type
Tile, Carpet
Listing Agency:
EXP Realty LLC
(505) 554-3873
Listed By:
Alex Cordova · License #50012
(505) 730-0397
Added: Apr 2
Changed: Sep 13
Last Checked: Oct 7 at 10:06AM
MLS# 1103352
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 fourplex contains 3,632 square feet across four residences, with a total of 7 bedrooms and 5 bathrooms. Each unit includes its own washer and dryer, while covered parking adds a practical on-site feature. The property also includes built-in and freestanding ranges, refrigerators, tile and carpet flooring, and central, forced-air, and hot-water heating systems.
Built in 1957, the property occupies a 0.23-acre lot at 325 San Andres Avenue NW in Albuquerque’s 87107 postal area. Exterior lighting is also present. The existing unit configuration and in-unit laundry provide a clearly defined multifamily property profile for evaluation.
Built in 1957, the property occupies a 0.23-acre lot at 325 San Andres Avenue NW in Albuquerque’s 87107 postal area. Exterior lighting is also present. The existing unit configuration and in-unit laundry provide a clearly defined multifamily property profile for evaluation.
Key Highlights
- Fourplex with 3,632 square feet of property size
- Four units with 7 bedrooms and 5 bathrooms total
- Washer and dryer provided within each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,155
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,100
$663.1K
Cap Rate 7%
$473,643
$473.6K
Cap Rate 9%
$368,389
$368.4K
Market Conditions
NOI Build-Up for 3,632 SF
Gross rent
$50.1K $13.80/SF
− Vacancy
−$2.8K −$0.76/SF
EGI
$47.4K $13.04/SF
− OpEx
−$14.2K −$3.91/SF
NOI
$33.2K $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%
$663,100
Cap Rate 7%
$473,643
Cap Rate 9%
$368,389
Alternative Uses
Best Use
Multifamily LT 5
$473.6K
$414.4K – $552.6K
NOI $33,155 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$438.3K
$383.5K – $511.3K
NOI $30,678 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$878.7K
$768.8K – $1.03M
NOI $61,506 @ 7.0% cap · market cap 11.00%
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
779
Businesses Nearby
Explore this area
Business Placement
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
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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?
Quadplex - Four-unit property with covered parking and laundry appliances within each residence.
Where is this quadplex located?
The property is located at 325 San Andres Avenue NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Fourplex with 3,632 square feet of property size; Four units with 7 bedrooms and 5 bathrooms total; Washer and dryer provided within each unit
