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    Albuquerque Fourplex Investment Opportunity Title is generated by Realmo AI

    325 San Andres Avenue NW, Albuquerque, NM 87107

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    For Sale
    $559,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    3,632 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $153/SF
    Added:
    Apr 2, 2026
    Days on Market:
    75
    Last Refresh:
    Jun 15 at 11:06 am

    Property Features for 325 San Andres Avenue NW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    5
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 5, Bedroom 4
    Exterior features
    Lighting
    Appliances
    BuiltInGasRange, Dryer, FreeStandingElectricRange, Refrigerator, Washer
    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
    Hot Water(Heating), Central, Forced Air

    Building Details

    Year built
    1957
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Tile, Carpet

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    Listing Contact
    Alex Cordova

    Listing agent Alex Cordova License #50012

    Listing office EXP Realty LLC 100 Sun Avenue #650, Albuquerque, NM

    Listing date Apr 2, 2026

    MLS# 1103352 Listing URL

    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.

    HighLights

    • Fourplex in Albuquerque’s Northwest Valley area
    • Multiple units with in‑unit washer and dryer
    • Covered parking available for tenants
    • Year built: 1957
    • Appliances include built‑in gas range, free‑standing electric range, refrigerator, washer, and dryer
    • Central heating plus hot water (heating) and forced‑air systems

    Overview

    Located in the Northwest Valley of Albuquerque, this fourplex residence presents an investment opportunity. The property includes multiple units, each equipped with in-unit washers and dryers. Covered parking is available. Situated on a lot of 0.23 acres, the property offers potential for maximizing returns in a growing area. The building has 3,632 square feet of space.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $50.1k $13.80
    − Vacancy −$2.8k −$0.76
    EGI $47.4k $13.04
    − OpEx −$14.2k −$3.91
    NOI $33.2k $9.13
    3,632 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $473.6K
    $414.4K – $552.6K (±1% cap)
    NOI $33,155 @ 7.0% cap · market cap 5.93%
    Second Best
    Apartment 5plus
    $438.3K
    $383.5K – $511.3K (±1% cap)
    NOI $30,678 @ 7.0% cap · market cap 5.49%
    Theoretical Best
    Office A
    $878.7K
    $768.8K – $1.03M (±1% cap)
    NOI $61,506 @ 7.0% cap · market cap 11.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.641386
    Latitude
    35.133816

    FAQs

    What type of property is this?
    Quadplex - Fourplex in Albuquerque's Northwest Valley with in-unit laundry.
    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 in Albuquerque’s Northwest Valley area; Multiple units with in‑unit washer and dryer; Covered parking available for tenants
    More about this property
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