636 San Pablo Street SE Albuquerque, NM 87108
MULTI_FAMILY - Albuquerque, NM
Property Features for 636 San Pablo Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
- Appliances
- FreeStandingElectricRange, Refrigerator
- Standard status
- Active
- APN
- 101905616834620622
- Size
- 1,242 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2097
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Brick
Listing agent Medina Real Estate Inc (505) 375-2062
Listing office Keller Williams Realty 6240 Riverside Plaza Lane Suite 200, Albuquerque, NM (505) 375-2062
Listing date Jul 6, 2026
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.
The property provides ample off-street parking, a spacious backyard, and shared on-site laundry.
Located at 636 San Pablo Street SE in Albuquerque, the duplex supports either an owner-occupant setup or an investor holding rental income from both units.
Key Highlights
- Duplex built in 1957 with brick construction and tile flooring
- Two 1‑bedroom, 1‑bath units; one currently occupied and the other recently refreshed and move‑in ready
- Vacant unit updates include new interior paint, 4‑inch baseboards, new bathroom vanity, and new closet and bathroom doors plus rekeyable locks
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 | $17.1k | $13.80 |
| − Vacancy | −$943 | −$0.76 |
| EGI | $16.2k | $13.04 |
| − OpEx | −$4.9k | −$3.91 |
| NOI | $11.3k | $9.13 |
