Triplex with Private
For Sale
$299,000
511 Texas Street NE, Albuquerque, NM 87107
Residential Income, Albuquerque, NM
Property SizeContact for details
Lot Size0.15 Acres
Days on Market1388
Property Features for 511 Texas Street NE
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R-1A*
Bedrooms
6
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 5
Parking
5
Directions
From I-40 and Wyoming, go south on Wyoming to Marquette, turn west (right) on Marquette to Texas, turn south (left) on Texas to 511 Texas on the right.
Subdivision
70 - Fairgrounds
Standard status
Active
APN
101905737335010316
Lot size
0.15 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
*041 035MESA VERDE L41 & 42
Tax Annual Amount
1458
Legal Description
*041 035MESA VERDE L41 & 42
Building Details
Year built
1961
Number of units
3
Listing Agency:
Realty Specialists Group
Listed By:
Gregory A Kopacka · License #17805
(505) 363-1390
Added: Jan 16, 2023
Changed: Oct 31
Last Checked: Nov 3 at 1:06AM
MLS# 1111017
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.
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Investment Insights
Based on property information with market context.
This three-unit residential property was built in 1961 and occupies a 0.15-acre lot. Each unit has its own back patio. Improvements include refurbished kitchens and bathrooms, ceramic tile floors, replacement windows, and a TPO roof installed about 9 years ago. The property contains six bedrooms and three bathrooms, and zoning is R-1A*.
A large area on the west side of the complex provides additional parking space. Tenants pay their own utilities, while water and trash service are paid by the owner. The property is located in an opportunity zone and a qualified census tract.
A large area on the west side of the complex provides additional parking space. Tenants pay their own utilities, while water and trash service are paid by the owner. The property is located in an opportunity zone and a qualified census tract.
Key Highlights
- Three‑unit property with six bedrooms and three bathrooms
- 0.15‑acre parcel; built in 1961
- TPO roof installed about 9 years ago and new windows
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units feature updated kitchens and bathrooms, ceramic tile flooring, and separate outdoor patio areas.
Where is this triplex located?
The property is located at 511 Texas Street NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three‑unit property with six bedrooms and three bathrooms; 0.15‑acre parcel; built in 1961; TPO roof installed about 9 years ago and new windows
