3-Unit Residential
525 Valencia Drive SE, Albuquerque, NM 87108
For Sale
$395,000
Residential Income, Albuquerque, NM
Property Size2,320 SF
Lot Size0.16 Acres
Price / SF$170.26
Days on Market114
Property Features for 525 Valencia Drive SE
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
small storage
front yard area
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
DBI Real Estate LLC
Listed By:
Jeff Grier · License NM #15017
(505) 463-3667
Added: Jul 24
Changed: Nov 9
Last Checked: Nov 14 at 2:06AM
MLS# 1107946
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 2,320-square-foot triplex contains three residences, each configured with two bedrooms, one bathroom, and a small storage area. The property was built in 1963 and occupies 0.16 acres. R-2 zoning is reported for the site.
Key Highlights
- Three residences, each with 2 bedrooms and 1 bathroom
- 2,320 square feet of building area on a 0.16‑acre lot
- One parking space and a front yard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,179
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,580
$423.6K
Cap Rate 7%
$302,557
$302.6K
Cap Rate 9%
$235,322
$235.3K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$32.0K $13.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$30.3K $13.04/SF
− OpEx
−$9.1K −$3.91/SF
NOI
$21.2K $9.13/SF
Area
Albuquerque, NM
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,580
Cap Rate 7%
$302,557
Cap Rate 9%
$235,322
Alternative Uses
Best Use
Multifamily LT 5
$302.6K
$264.7K – $353.0K
NOI $21,179 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$279.9K
$245.0K – $326.6K
NOI $19,596 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$561.3K
$491.1K – $654.8K
NOI $39,288 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
Explore this area
Business Placement
Demographics for 87108, NM
36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Albuquerque, NM
Properties on Market for Triplexes in Albuquerque
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has dedicated parking, a front yard, and a small storage area.
Where is this triplex located?
The property is located at 525 Valencia Drive SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three residences, each with 2 bedrooms and 1 bathroom; 2,320 square feet of building area on a 0.16‑acre lot; One parking space and a front yard for each unit
