Excellent Investment Opportunity. This charming four-plex boasts a prime downtown Albuquerque location with outstanding rental performance history, making it an ideal choice for both long-term and short-term rental strategies. The property features recent upgrades including a durable TPO roof, modernized bathrooms, and efficient heating and cooling with mini-split units for optimal comfort year-round. Situated within walking distance of vibrant downtown cafes, acclaimed restaurants, the bustling farmers market, and the historic charm of Old Town, this property offers exceptional convenience and appeal to tenants. Whether you're seeking a steady income stream or a versatile rental investment, this four-plex combines location, updates, and strong rental history in one compelling package.
Sold
Price Unknown
1106 Lead Ave SW, Albuquerque, NM 87102
4beds
4baths
2,300sqft
Quadruplex, Multi Family
Built in 1952
-- sqft lot
$-- Zestimate®
$--/sqft
$3,315 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,315/mo
Zestimate® history
Owner options
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List your homeWhat's special
Modernized bathroomsDurable tpo roofPrime downtown albuquerque location
Zillow last checked:
Listing updated:
Listed by:
Mariessa M Sanchez 505-440-7413,
RE/MAX SELECT
Bought with:
Ruben P Griego, 49860
HomeSmart Realty Pros
Source: SWMLS,MLS#: 1091027
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Ductless, Wall Furnace
Cooling
- Ductless, Refrigerated
Appliances
- Included: Free-Standing Gas Range, Refrigerator
Features
- Flooring: Vinyl, Wood
- Has basement: No
Interior area
- Total structure area: 2,300
- Total interior livable area: 2,300 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Landscaping, Patio
Lot
- Size: 6,969 sqft
Details
- Parcel number: 101305741335611608
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1952
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Community
- Community features: Patio
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | -- |
Source:  SWMLS #1091027 Report a problem | ||
| 9/14/2025 | Pending sale | $645,000$280/sqft |
Source: SWMLS #1091027 Report a problem | ||
| 9/7/2025 | Listed for sale | $645,000+194.5%$280/sqft |
Source: SWMLS #1091027 Report a problem | ||
| 3/27/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/9/2014 | Listed for sale | $219,000$95/sqft |
Source: Unica Real Estate #809156 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,820 +3.1% | $79,057 +3% |
| 2024 | $3,704 +1.9% | $76,754 +3% |
| 2023 | $3,637 +5.6% | $74,518 +3% |
| 2022 | $3,444 +106.8% | $72,348 +3% |
| 2021 | $1,665 -49.1% | $70,241 +3% |
| 2020 | $3,271 | $68,195 +3% |
| 2019 | -- | $66,210 |
| 2018 | $2,767 -9.7% | $66,210 +3% |
| 2017 | $3,064 +7.3% | $64,282 +6.1% |
| 2016 | $2,857 -95.1% | $60,593 +3% |
| 2015 | $58,828 +2034.7% | $58,828 -0.5% |
| 2014 | $2,756 | $59,094 -23.7% |
| 2013 | $2,756 | $77,413 |
| 2012 | -- | $77,413 |
| 2011 | -- | $77,413 |
| 2010 | -- | $77,413 +3% |
| 2009 | -- | $75,159 +69.7% |
| 2008 | -- | $44,294 +3% |
| 2007 | -- | $43,004 +3% |
| 2006 | -- | $41,751 +3% |
| 2005 | -- | $40,536 +3% |
| 2004 | -- | $39,356 +3% |
| 2003 | -- | $38,209 +3% |
| 2002 | -- | $37,096 |
| 2001 | -- | $37,096 -2% |
| 2000 | -- | $37,863 |
Find assessor info on the county website
Neighborhood: Raynolds
Nearby schools
GreatSchools rating
- 6/10Lew Wallace Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 1.8 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87102
- Raynolds
- 1106 Lead Ave SW
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
