Leased Duplex with
610 San Pedro Drive SE, Albuquerque, NM 87108
For Sale
$295,000
Residential Income, Albuquerque, NM
Property Size1,610 SF
Lot Size0.16 Acres
Price / SF$183.23
Days on Market110
Property Features for 610 San Pedro 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
large garages
extra storage space
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
DBI Real Estate LLC
Listed By:
Jeff Grier · License NM #15017
(505) 463-3667
Added: Jul 25
Changed: Nov 9
Last Checked: Nov 11 at 9:06AM
MLS# 1107948
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 1,610-square-foot duplex contains two leased units. Each residence has a garage and separate extra storage space. The building dates to 1957 and sits on a 0.16-acre parcel zoned R-3.
The property is in Albuquerque, New Mexico, in Bernalillo County.
The property is in Albuquerque, New Mexico, in Bernalillo County.
Key Highlights
- Two leased residential units
- Each unit has a garage and additional storage
- 1,610 square feet on a 0.16‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,697
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,940
$293.9K
Cap Rate 7%
$209,957
$210.0K
Cap Rate 9%
$163,300
$163.3K
Market Conditions
NOI Build-Up for 1,610 SF
Gross rent
$22.2K $13.80/SF
− Vacancy
−$1.2K −$0.76/SF
EGI
$21.0K $13.04/SF
− OpEx
−$6.3K −$3.91/SF
NOI
$14.7K $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%
$293,940
Cap Rate 7%
$209,957
Cap Rate 9%
$163,300
Alternative Uses
Best Use
Multifamily LT 5
$210.0K
$183.7K – $245.0K
NOI $14,697 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$194.3K
$170.0K – $226.7K
NOI $13,599 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$389.5K
$340.8K – $454.4K
NOI $27,264 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,266
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
$227,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Albuquerque, NM
Properties on Market for Duplexes in Albuquerque
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, with dedicated garage and storage space for each unit.
Where is this duplex located?
The property is located at 610 San Pedro Drive SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two leased residential units; Each unit has a garage and additional storage; 1,610 square feet on a 0.16‑acre parcel
