Duplex with Updated
636 San Pablo Street SE Albuquerque, NM 87108
636 San Pablo Street SE, Albuquerque, NM, 87108
$250,000
For Sale
$250,000
MULTI_FAMILY - Albuquerque, NM
Property Size1,242 SF
Lot Size0.16 Acres
Price / SF$201.29
Days on Market17
Property Features for 636 San Pablo Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
- 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 agency
Keller Williams Realty
(505) 375-2062
Listed by
Medina Real Estate Inc
(505) 375-2062
Added: Jul 6 Updated: Jul 21 at 10:06PM Checked: Jul 22 at 11:06PM
MLS# 1106981
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 well-maintained duplex includes two 1-bedroom, 1-bath units. One unit is currently occupied, while the other has been recently refreshed and is move-in ready with new interior paint, updated bathroom vanity, new closet and bathroom doors, and rekeyable locks. Additional improvements cited include a newer roof, tile flooring, updated electrical and plumbing, new ranges, MasterCool air conditioners, a wall heater, a water heater, and a new 6-foot privacy fence.
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.
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 with two 1‑bedroom, 1‑bath units; one unit currently occupied and the other recently refreshed
- Vacant unit updates include new interior paint, 4‑inch baseboards, new bathroom vanity, and new closet and bathroom doors
- Rekeyable locks in the refreshed unit for easier tenant turnover
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 |
1,242 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$162.0K
$141.7K – $189.0K
NOI $11,338 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$149.9K
$131.1K – $174.9K
NOI $10,491 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$300.5K
$262.9K – $350.6K
NOI $21,033 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offers two 1-bedroom, 1-bath units, including one move-in ready unit with recent interior refreshes.
Where is this duplex located?
The property is located at 636 San Pablo Street SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex with two 1‑bedroom, 1‑bath units; one unit currently occupied and the other recently refreshed; Vacant unit updates include new interior paint, 4‑inch baseboards, new bathroom vanity, and new closet and bathroom doors; Rekeyable locks in the refreshed unit for easier tenant turnover
