Building Details

Year Built 1984

Units 4

Listing Agency: N.M. Apartments, Inc. a***@maestasrealty.com Show Phone

Listed By: Todd Clarke · License #13711

Source: Crexi

Added: Mar 10 Changed: Aug 29 Last Checked: Aug 29 at 1:13PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of N.M. Apartments, Inc.

Investment Insights

Based on property information with market context.

This fourplex is a multifamily residential property constructed in 1984. The asset is located at 3400 Wellesley Dr NE in Albuquerque, New Mexico, and is offered for sale.

Key Highlights

• Fourplex configuration
• Built in 1984
• 3400 Wellesley Dr NE, Albuquerque, NM 87107

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery Catering Service (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

1,335

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - Built in 1984 for multifamily residential use.

Where is this quadplex located?

The property is located at 3400 Wellesley Dr NE Albuquerque, NM.

What is the asking price?

The asking price for this property is $480,805.

What are key features of this property?

This property features: Fourplex configuration; Built in 1984; 3400 Wellesley Dr NE, Albuquerque, NM 87107