Leased Duplex with
610 San Pedro Drive SE Albuquerque, NM 87108
New
For Sale
$295,000
MULTI_FAMILY - Albuquerque, NM
Property Size1,610 SF
Lot Size0.16 Acres
Price / SF$183.23
Days on Market2
Property Features for 610 San Pedro Drive SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
- Parking
- 4
- Appliances
- FreeStandingElectricRange, FreeStandingGasRange, Refrigerator
- Standard status
- Active
- APN
- 101805627344711614
- Size
- 1,610 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1944
Utilities
- Cooling system
- Multi Units
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Wood
- Building materials
- Frame, Concrete, Stucco, SyntheticStucco
Listing Agency:
DBI Real Estate LLC
(505) 463-3667
Listed By:
Jeff Grier · License #15017
(505) 463-3667
Added: Jul 25
Last Checked: Jul 26 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This duplex features two leased units and is described as being in good condition. Each unit includes access to a large garage and extra storage space, providing practical on-site utility for day-to-day needs.
Located at 610 San Pedro Drive SE in Albuquerque, this property is noted as offering easy access and plenty of space. The seller requests that prospective visitors do not disturb or speak with tenants.
Located at 610 San Pedro Drive SE in Albuquerque, this property is noted as offering easy access and plenty of space. The seller requests that prospective visitors do not disturb or speak with tenants.
Key Highlights
- Both units are leased, with tenants in place—please do not disturb.
- Large garages and extra storage space provided for each unit.
- Year built: 1957.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.2k | $13.80 |
| − Vacancy | −$1.2k | −$0.76 |
| EGI | $21.0k | $13.04 |
| − OpEx | −$6.3k | −$3.91 |
| NOI | $14.7k | $9.13 |
1,610 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with both units leased, plus large garages and extra 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: Both units are leased, with tenants in place—please do not disturb.; Large garages and extra storage space provided for each unit.; Year built: 1957.
