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Pending
  • $556,600

    1023 Fruit Ave NW, Albuquerque, NM 87102

    5beds
    5baths
    2,758sqft
    : 
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    Multi Family
    Built in 1941
    -- sqft lot
    $-- Zestimate®
    $202/sqft
    $-- HOA

    What's special

    Prime Investment Opportunity! Invest in your future with this 5 unit residential income property in a High Demand area. Located at the corner of Fruit Ave and 11th St. 5 1 bedroom units. Enjoy close proximity to schools, local parks, popular shopping areas and convenient public transportation routes. A short walk to Lowe's market on Lomas. Strong rental history and potential for increased income due to high demand in the area. This is a rare opportunity for investors.
    302 days
    |
    38
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Corso 702-354-2041,

    Realty One Group Concierge 505-318-1111

    Source: SWMLS,MLS#: 1091661MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Heating
      • Floor Furnace
      Cooling
      • Evaporative Cooling, Multi Units
      Appliances
      • Included: Free-Standing Gas Range, Refrigerator
      Features
      • Flooring: Laminate, Wood
      • Has basement: No
      Interior area
      • Total structure area: 2,758
      • Total interior livable area: 2,758 sqft

      Property

      Parking
      • Total spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Landscaping
      Lot
      • Size: 5,662 Square Feet
      Details
      • Parcel number: 101305848413643501
      • Zoning description: R-1A*

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Synthetic Stucco
      Condition
      • Resale
      • New construction: No
      • Year built: 1941

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
      Green energy
      • Energy generation: None

      Community & HOA

      Location
      • Region: Albuquerque

      Financial & listing details

      • Price per square foot: $202/sqft
      • Tax assessed value: $129,703
      • Annual tax amount: $2,025
      • Date on market: 9/19/2025
      • Cumulative days on market: 89 days
      • Listing terms: Cash,Conventional,Other,See Remarks
      • Total actual rent: 3738
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Pending sale$556,600$202/sqft
        Source: SWMLS #1091661 Report a problem
        4/11/2026Listed for sale$556,600$202/sqft
        Source: SWMLS #1091661 Report a problem
        1/8/2026Pending sale$556,600$202/sqft
        Source: SWMLS #1091661 Report a problem
        12/22/2025Listed for sale$556,600$202/sqft
        Source: SWMLS #1091661 Report a problem
        10/13/2025Pending sale$556,600$202/sqft
        Source: SWMLS #1091661 Report a problem
        9/26/2025Listed for sale$556,600$202/sqft
        Source: SWMLS #1091661 Report a problem
        9/20/2025Pending sale$556,600$202/sqft
        Source: SWMLS #1091661 Report a problem
        9/19/2025Listed for sale$556,600$202/sqft
        Source: SWMLS #1091661 Report a problem
        4/14/2017Listing removed$550
        Source: The Lebeck Co. LLC Report a problem
        2/24/2017Listed for rent$550
        Source: The Lebeck Co. LLC Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,089 +3.1%$43,230 +3%
        2024$2,026 +1.9%$41,971 +3%
        2023$1,989 +5.6%$40,750 +3%
        2022$1,883 +0.4%$39,563
        2021$1,876 -1.2%$39,563
        2020$1,898 $39,563
        2019-- $39,563
        2018$1,861 -1.3%$39,563
        2017$1,886 +1.1%$39,563
        2016$1,865 -95.3%$39,563
        2015$39,563 +2044.4%$39,563
        2014$1,845 $39,563 +0.1%
        2013$1,845 $39,530 -2.9%
        2012-- $40,716
        2011-- $40,716
        2010-- $40,716 +14.5%
        2009-- $35,546 +3%
        2008-- $34,511 +3%
        2007-- $33,506 +3%
        2006-- $32,530 +3%
        2005-- $31,584 +3%
        2004-- $30,664 +0.1%
        2003-- $30,630
        2002-- $30,630
        2001-- $30,630 +1.8%
        2000-- $30,097
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        82 / 100
        Very Walkable
        47 / 100
        Some Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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