907 Coal Ave SW Albuquerque, NM 87102
Fourplex near downtown Albuquerque with diverse unit layouts.
Property Features for 907 Coal Ave SW
General Information
- Standard status
- Active
- Size
- 3,135 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1916
Listing office N.M. Apartments, Inc. (505) 440-8633
Listing date Feb 22, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime downtown location within walking distance of restaurants, shops, and cultural amenities.
- Fourplex property with diverse unit mix: two 2‑bedroom units, one 1‑bedroom, and one 2‑bedroom casita.
- Strong potential for appreciation and rent growth due to citywide expansion of major employers.
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 | $43.3k | $13.80 |
| − Vacancy | −$2.4k | −$0.76 |
| EGI | $40.9k | $13.04 |
| − OpEx | −$12.3k | −$3.91 |
| NOI | $28.6k | $9.13 |