This triplex offers a strong investment opportunity with three units, each featuring 2 bedrooms, 1 bathroom, and a private enclosed patio. The units come equipped with essential appliances, including a refrigerator and stove. Interior finishes vary per unit, with a combination of tile and carpet flooring, as well as ceiling fans for added comfort. Security is enhanced with wrought iron features on each unit. Additionally, each unit has its own carport and storage space, providing extra convenience. Conveniently located near shopping, this property offers solid rental income potential and is an ideal addition to any investor's portfolio.
Sold
Price Unknown
1029 Alvarado Dr SE, Albuquerque, NM 87108
2beds
1baths
--sqft
Triplex, Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$--/sqft
$979 Estimated rent
Home value
Not available
Estimated sales range
Not available
$979/mo
Zestimate® history
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List your homeWhat's special
Private enclosed patioCarport and storage spaceCeiling fansTile and carpet flooringEssential appliancesWrought iron features
Zillow last checked:
Listing updated:
Listed by:
Jeremy Navarro Realty Group 505-377-4070,
Keller Williams Realty
Bought with:
A&A Real Estate Group
Keller Williams Realty
Source: SWMLS,MLS#: 1081655
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Wall Furnace
Cooling
- Evaporative Cooling, Ceiling Fan(s)
Appliances
- Included: Free-Standing Gas Range, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile
- Has basement: No
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Landscaping, Patio
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 101805612115731616
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1953
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Patio, Storage Facilities
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $149,793
- Annual tax amount: $1,039
- Date on market: 4/9/2025
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | -- |
Source:  SWMLS #1081655 Report a problem | ||
| 4/11/2025 | Pending sale | $329,000 |
Source: SWMLS #1081655 Report a problem | ||
| 4/9/2025 | Listed for sale | $329,000 |
Source: SWMLS #1081655 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,110 +3.2% | $49,926 +3% |
| 2024 | $2,045 +1.7% | $48,472 +3% |
| 2023 | $2,011 +107% | $47,060 +3% |
| 2022 | $972 -48.3% | $45,690 +3% |
| 2021 | $1,878 +1.7% | $44,359 +3% |
| 2020 | $1,847 | $43,068 +3% |
| 2019 | -- | $41,814 |
| 2018 | $1,731 -2.8% | $41,814 |
| 2017 | $1,781 +3.1% | $41,814 +3% |
| 2016 | $1,727 -95.7% | $40,596 |
| 2015 | $40,596 +2269% | $40,596 +0.6% |
| 2014 | $1,714 | $40,356 +3% |
| 2013 | $1,714 | $39,181 -18.8% |
| 2012 | -- | $48,228 |
| 2011 | -- | $48,228 |
| 2010 | -- | $48,228 +38.5% |
| 2009 | -- | $34,812 +3% |
| 2008 | -- | $33,798 +3% |
| 2007 | -- | $32,814 +3% |
| 2006 | -- | $31,859 +3% |
| 2005 | -- | $30,931 +3% |
| 2004 | -- | $30,030 |
| 2003 | -- | $30,030 +2% |
| 2002 | -- | $29,455 +3% |
| 2001 | -- | $28,598 +2% |
| 2000 | -- | $28,030 |
Find assessor info on the county website
Neighborhood: South San Pedro
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Nearby schools
GreatSchools rating
- 4/10Whittier Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 1 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- South San Pedro
- 1029 Alvarado Dr SE
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