Well-Kept Fourplex in Central
625 Louisiana SE Albuquerque, NM 87108
625 Louisiana SE, Albuquerque, NM, 87108
$400,000
For Sale
$400,000
Four units in excellent condition, located on Louisiana SE.
Property Size3,540 SF
Price / SF$112.99
Days on Market243
Property Features for 625 Louisiana SE
General Information
- Standard status
- Active
- Size
- 3,540 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1979
Listing agency
(505) 620-2259
Listed by
Tim Luten · License #NM #2469
(505) 620-2259
Source
Svn
Added: Nov 21, 2025 Updated: Jul 6 at 9:03AM Checked: Jul 22 at 4:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tim Luten
Investment Insights
Based on property information with market context.
This well-maintained fourplex is located in the southeast central area on Louisiana Boulevard, between Gibson and Zuni. The property consists of four units, all reported to be in excellent condition. The property size is 3540 square feet. This multifamily property is intended for residential income purposes.
Key Highlights
- Four units in excellent condition, a fantastic investment opportunity.
- Four‑plex property, offering multiple income streams.
- Good southeast central area, providing convenient access to amenities.
Local 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 | $48.9k | $13.80 |
| − Vacancy | −$2.7k | −$0.76 |
| EGI | $46.2k | $13.04 |
| − OpEx | −$13.8k | −$3.91 |
| NOI | $32.3k | $9.13 |
3,540 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$461.7K
$404.0K – $538.6K
NOI $32,316 @ 7.0% cap · market cap 8.08%
Second Best
Apartment 5plus
$427.2K
$373.8K – $498.4K
NOI $29,901 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$856.4K
$749.4K – $999.1K
NOI $59,948 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nicholas Casey Blawn's ...
Cycling Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four units in excellent condition, located on Louisiana SE.
Where is this quadplex located?
The property is located at 625 Louisiana SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four units in excellent condition, a fantastic investment opportunity.; Four‑plex property, offering multiple income streams.; Good southeast central area, providing convenient access to amenities.
