Triplex with Private
For Sale
$395,000
525 Valencia Drive SE, Albuquerque, NM 87108
ResidentialIncome, Albuquerque, NM
Property Size2,320 SF
Lot Size0.16 Acres
Price / SF$170.26
Days on Market76
Property Features for 525 Valencia Drive SE
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
R-2
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bathroom 1
Parking
3
Exterior features
Landscaping
Accessibility
Accessible Approach with Ramp
Appliances
FreeStandingElectricRange, FreeStandingGasRange
Subdivision
Shirleys Subd
Directions
South on Louisiana Blvd from I40 to Zuni Rd, West on Zuni Rd to Valencia Drive South on Valencia Drive to 525 Valencia Drive SE.
Standard status
Active
APN
101805615448922905
Size
2,320 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
2103
Utilities
Cooling system
Multi Units
Building Details
Year built
1963
Floors in Building
1
Number of units
3
Flooring type
Carpet, Tile
Building materials
Frame, Stucco
Listing Agency:
DBI Real Estate LLC
Listed By:
Jeff Grier · License #15017
(505) 463-3667
Added: Jul 24
Changed: Sep 13
Last Checked: Oct 7 at 12:06PM
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.
Investment Insights
Based on property information with market context.
This 3-unit residential property contains 2320 square feet on a 0.16-acre lot. Each unit includes 2 bedrooms, 1 bathroom, a small storage area, 1 parking space, and a front yard area. An additional 5x12 feet area is located by the back door.
Built in 1963, the building uses frame and stucco construction with tile and carpet flooring. The property includes multi-unit cooling, free-standing electric and gas ranges, landscaping, and an accessible approach with ramp. The address is 525 Valencia Drive SE in Albuquerque, NM 87108.
Built in 1963, the building uses frame and stucco construction with tile and carpet flooring. The property includes multi-unit cooling, free-standing electric and gas ranges, landscaping, and an accessible approach with ramp. The address is 525 Valencia Drive SE in Albuquerque, NM 87108.
Key Highlights
- 3‑unit building with 2 bedrooms and 1 bath in each unit
- 2320 square feet on a 0.16‑acre lot
- Each unit includes 1 parking space, storage, and a front yard area
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.
Property Analytics
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Current Use
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residences feature two bedrooms, one bath, storage, dedicated parking, and landscaped front yard areas.
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: 3‑unit building with 2 bedrooms and 1 bath in each unit; 2320 square feet on a 0.16‑acre lot; Each unit includes 1 parking space, storage, and a front yard area
