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Two-Building Quadplex Property

414 Pine Street SE, Albuquerque, NM 87106

For Sale
$850,000

Residential Income, Albuquerque, NM

Property SizeContact for details
Lot Size0.15 Acres
Days on Market51

Property Features for 414 Pine Street SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SU-2
Bedrooms 4
Full bathrooms 8
Rooms Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 7, Bathroom 5, Bathroom 8, Bedroom 4, Bathroom 6, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 1
Subdivision Terrace Addition
Directions University & Lead, Go West One Block, Turn South On Pine To Address.
Standard status Active
APN 101505733617541401
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description 007 061Terrace Addn
Tax Annual Amount 4633
Legal Description 007 061Terrace Addn

Building Details

Year built 1948
Number of units 8
Buildings 2
Listing Agency: Keller Williams Realty
Listed By: Faithe Real Estate Group
Added: Sep 25 Changed: Nov 12 Last Checked: Nov 14 at 12:06AM
MLS# 1111607

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.

This multifamily property comprises two separate four-unit buildings on a 0.15-acre lot. Built in 1948, the buildings contain eight apartments: five studios, two one-bedroom units, and one two-bedroom unit. The property also has off-street parking and is zoned SU-2.

Located at 414 Pine Street SE in Albuquerque, the property is near the University of New Mexico, Central New Mexico Community College, and hospitals. Its two-building layout and varied apartment mix are the defining physical features of the property.

Key Highlights

  • Eight apartments across two separate four‑unit buildings
  • Apartment mix includes five studios, two 1BR/1BA units, and one 2BR/1BA unit
  • 0.15‑acre lot

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,258
Businesses Nearby

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Albuquerque, NM

$166 Jul
$175 Aug
$175 Sep
$168 Oct

Properties on Market for Quadplexes in Albuquerque

Jul
Aug
Sep
Oct

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 - The two buildings contain a mix of studio, one-bedroom, and two-bedroom apartments with off-street parking.
Where is this quadplex located?
The property is located at 414 Pine Street SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Eight apartments across two separate four‑unit buildings; Apartment mix includes five studios, two 1BR/1BA units, and one 2BR/1BA unit; 0.15‑acre lot
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