This four-unit apartment building offers a strong investment opportunity with a current 9.39% cap rate at full asking price. The property features four residential 2 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. A new roof was installed August of 2023 Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow.
Pending
$365,000
126 Altez St NE, Albuquerque, NM 87123
6beds
3baths
3,072sqft
Quadruplex, Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$119/sqft
$-- HOA
What's special
- 50 days
- 21
- 0
Zillow last checked:
Listing updated:
Listed by:
Angelo Mora 505-903-2040,
Keyway Properties, Inc 505-903-2040
Source: SWMLS,MLS#: 1107596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Central
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Vinyl
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 102005734304640324
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Condition
- Resale
- New construction: No
- Year built: 1977
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Storage Facilities
- Subdivision: Buena Ventura
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $173,087
- Annual tax amount: $1,492
- Date on market: 7/20/2026
- Cumulative days on market: 33 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4500
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Pending sale | $365,000$119/sqft |
Source:  SWMLS #1107596 Report a problem | ||
| 7/20/2026 | Listed for sale | $365,000-2.7%$119/sqft |
Source: SWMLS #1107596 Report a problem | ||
| 5/13/2026 | Listing removed | $375,000$122/sqft |
Source: SWMLS #1099820 Report a problem | ||
| 4/25/2026 | Pending sale | $375,000$122/sqft |
Source: SWMLS #1099820 Report a problem | ||
| 3/13/2026 | Listed for sale | $375,000+4.2%$122/sqft |
Source: SWMLS #1099820 Report a problem | ||
| 11/4/2025 | Listing removed | $360,000$117/sqft |
Source: SWMLS #1078578 Report a problem | ||
| 11/4/2025 | Listed for sale | $360,000$117/sqft |
Source: SWMLS #1078578 Report a problem | ||
| 10/22/2025 | Pending sale | $360,000$117/sqft |
Source: SWMLS #1078578 Report a problem | ||
| 6/12/2025 | Price change | $360,000-4%$117/sqft |
Source: SWMLS #1078578 Report a problem | ||
| 3/20/2025 | Price change | $375,000-6.3%$122/sqft |
Source: SWMLS #1078578 Report a problem | ||
| 2/21/2025 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 2/19/2025 | Listed for sale | $400,000-5.9%$130/sqft |
Source: SWMLS #1078578 Report a problem | ||
| 10/22/2024 | Listing removed | $425,000$138/sqft |
Source: SWMLS #1064554 Report a problem | ||
| 9/21/2024 | Listed for rent | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 9/19/2024 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 9/18/2024 | Listed for rent | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 7/26/2024 | Price change | $425,000-5.6%$138/sqft |
Source: SWMLS #1064554 Report a problem | ||
| 6/6/2024 | Listed for sale | $450,000$146/sqft |
Source: SWMLS #1064554 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,438 +3.2% | $57,690 +3% |
| 2024 | $2,363 +1.7% | $56,010 +3% |
| 2023 | $2,324 +146.3% | $54,379 +3% |
| 2022 | $943 +39.6% | $52,795 +3% |
| 2021 | $676 -48.2% | $51,258 +3% |
| 2020 | $1,306 | $49,765 +3% |
| 2019 | -- | $48,316 |
| 2018 | $1,095 -10.5% | $48,316 +3% |
| 2017 | $1,224 +6.9% | $46,909 +6.1% |
| 2016 | $1,144 -97.3% | $44,217 +3% |
| 2015 | $42,929 +4242.4% | $42,929 -0.9% |
| 2014 | $989 | $43,329 +8.3% |
| 2013 | $989 | $39,996 |
| 2012 | -- | $39,996 |
| 2011 | -- | $39,996 |
| 2010 | -- | $39,996 -24.8% |
| 2009 | -- | $53,194 -14.8% |
| 2008 | -- | $62,446 +3% |
| 2007 | -- | $60,627 +82.8% |
| 2006 | -- | $33,163 -27.4% |
| 2005 | -- | $45,691 +3% |
| 2004 | -- | $44,360 +3% |
| 2003 | -- | $43,069 +3% |
| 2002 | -- | $41,814 +3% |
| 2001 | -- | $40,596 +44.3% |
| 2000 | -- | $28,130 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Los Altos
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