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3-Unit Triplex
For Sale
$675,000

635 Adams Street NE, Albuquerque, NM 87110

MULTI_FAMILY - Albuquerque, NM

Property Size1,980 SF
Lot Size0.16 Acres
Price / SF$340.91
Days on Market163

Property Features for 635 Adams Street NE

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description R-ML*
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2
Interior features CeilingFans
Appliances Dishwasher, FreeStandingGasRange
Subdivision Ft New Year Add
Directions From I-40 & Carlisle: South on Carlisle to Lomas Blvd. Left on Lomas to Adams St. Left on Adams to property on left.
Standard status Active
APN 101705828904240107
Size 1,980 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 6850

Utilities

Heating system Central, Forced Air
Cooling system Ceiling Fan(s)

Building Details

Year built 1950
Floors in Building 1
Number of units 3
Flooring type Laminate
Building materials Frame, Stucco
Listing Agency: Berkshire Hathaway Home Svc NM
Listed By: Katey T Oueis · License #50246
Added: Mar 2 Changed: Aug 1 Last Checked: Aug 12 at 2:06AM
MLS# 1100981

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.

Turnkey 3-unit triplex on a 0.16-acre lot at 635 Adams Street NE in Albuquerque. The property includes one spacious 3 bed/1 bath unit, a second 2 bed/1 bath unit, and a studio with a 3/4 bath. Interiors feature laminate flooring and ceiling fans, with central forced-air heating and cooling via ceiling fan(s). Appliances include a dishwasher and a free-standing gas range. Built in 1950, the triplex is constructed with frame and stucco materials.

The home is located in a high-demand rental area near UNM, with access to shopping, dining, and transit.

Key Highlights

  • Three units: 3 bed/1 bath, 2 bed/1 bath, and a studio with 3/4 bath
  • 0.16‑acre lot and 1,980 SF building
  • Central forced‑air heating plus ceiling fan cooling

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby

Demographics for 87110, NM

38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Turnkey 3-unit triplex on a 0.16-acre lot with central forced-air heating and updated interiors.
Where is this triplex located?
The property is located at 635 Adams Street NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three units: 3 bed/1 bath, 2 bed/1 bath, and a studio with 3/4 bath; 0.16‑acre lot and 1,980 SF building; Central forced‑air heating plus ceiling fan cooling
More about this property
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