Step into a rare investment opportunity. This stunning remodeled fourplex features two separate buildings with two units in each, creating the ideal setup for long-term passive income. Major upgrades completed, including a brand-new roof, HVAC systems, water heaters, new appliances, fresh stucco, and upgraded electrical underway. Beyond the upgrades, the property offers an inviting gated front yard, landscaping, a private courtyard between both buildings, and covered carport parking with a space for each tenant. Whether you're expanding your portfolio or securing your first multifamily investment; this is the perfect opportunity for investors seeking a turnkey, income-producing property with modern improvements and long-term value.
Pending
$575,000
1109 Coal Ave SW, Albuquerque, NM 87102
4beds
3baths
2,462sqft
Quadruplex, Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$234/sqft
$-- HOA
What's special
Brand-new roofHvac systemsInviting gated front yardNew appliancesWater heaters
- 55 days |
- 65 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Dasi Amedi 505-803-2190,
Coldwell Banker Legacy 505-292-8900
Source: SWMLS,MLS#: 1103607
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Central, Forced Air
Cooling
- Refrigerated
Appliances
- Included: Dishwasher, Free-Standing Electric Range, Microwave
Features
- Flooring: Carpet, Vinyl
- Fireplace features: Option
Interior area
- Total structure area: 2,462
- Total interior livable area: 2,462 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Landscaping, Patio
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 101305741233911603
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
Condition
- Resale
- New construction: No
- Year built: 1955
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
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $224,656
- Annual tax amount: $3,038
- Date on market: 5/14/2026
- Cumulative days on market: 56 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 0
- Tenant pays: None
Estimated market value
Not available
Estimated sales range
Not available
$3,249/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Pending sale | $575,000$234/sqft |
Source:  SWMLS #1103607 Report a problem | ||
| 5/15/2026 | Listed for sale | $575,000$234/sqft |
Source: SWMLS #1103607 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,038 -5.6% | $74,878 +3% |
| 2024 | $3,219 +2.1% | $72,697 +3% |
| 2023 | $3,152 +5.9% | $70,580 +3% |
| 2022 | $2,976 +3.7% | $68,525 +3% |
| 2021 | $2,870 +2.1% | $66,529 +3% |
| 2020 | $2,810 | $64,592 +3% |
| 2019 | -- | $62,711 |
| 2018 | $2,338 -10.6% | $62,711 +3% |
| 2017 | $2,616 +8% | $60,885 +6.1% |
| 2016 | $2,423 -95.7% | $57,391 +3% |
| 2015 | $55,720 +2384.3% | $55,720 +3% |
| 2014 | $2,243 | $54,097 +3% |
| 2013 | $2,243 | $52,522 |
| 2012 | -- | $52,522 |
| 2011 | -- | $52,522 |
| 2010 | -- | $52,522 +3% |
| 2009 | -- | $50,992 +3% |
| 2008 | -- | $49,507 +3% |
| 2007 | -- | $48,065 +3% |
| 2006 | -- | $46,665 +3% |
| 2005 | -- | $45,307 +3% |
| 2004 | -- | $43,987 +3% |
| 2003 | -- | $42,706 +3% |
| 2002 | -- | $41,462 |
| 2001 | -- | $41,462 -3% |
| 2000 | -- | $42,762 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
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
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Bernalillo County
- Albuquerque
- 87102
- Raynolds
- 1109 Coal Ave SW
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Nearby neighborhoods
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Other Albuquerque Topics
