3513 Crest Avenue SE Albuquerque, NM 87106
MULTI_FAMILY - Albuquerque, NM
- Added:
- Jun 25, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 12 at 6:06 pm
Property Features for 3513 Crest Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1
- Appliances
- FreeStandingElectricRange, Refrigerator
- Standard status
- Active
- APN
- 101605648104440502
- Size
- 2,280 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2904
Utilities
- Heating system
- Forced Air, Central
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Tile
Listing agent Gene Gardner Della Maggiora License #REC20220546 (510) 684-2539
Listing office Coldwell Banker Legacy 6767 Academy Road NE, Albuquerque, NM (505) 828-1000
Listing date Jun 25, 2026
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.
The property sits on a 0.15-acre lot and totals 2,280 square feet. It is located at 3513 Crest Avenue SE in Albuquerque, New Mexico (87106) in Bernalillo County.
For buyers seeking a residential income setup, the configuration allows you to control one unit while maintaining an occupied unit in the other. The detached garage with bonus space can be useful for tenants or owners who want extra flexibility beyond the primary unit layouts. The vacant front unit can simplify near-term leasing or support owner-occupied living alongside a rental unit.
Key Highlights
- Two‑unit duplex with separate bonus space in the detached garage
- Front unit is vacant and ready for renting or owner‑occupancy
- Rear unit is currently rented
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 | $31.5k | $13.80 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $29.7k | $13.04 |
| − OpEx | −$8.9k | −$3.91 |
| NOI | $20.8k | $9.13 |
