Stable cash-flowing property! This well-maintained 4-unit apartment complex features four spacious 2-bed, 1-bath units, consistently attracting tenants. Currently generating a gross annual income of $51,000 with an estimated NOI of $29,782, offering an attractive standalone cap rate of 7.94%. Must be sold together with the separately listed property at 126 Altez St. SE. MLS # 1078578. Both properties provide a combined cap rate of 8.14%. A strategic investment bundle in a strong rental market.Please see attached APOD's
Sold
Price Unknown
127 Garcia St NE, Albuquerque, NM 87123
6beds
3baths
--sqft
Quadruplex, Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$--/sqft
$2,413 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,413/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Angelo Mora 505-903-2040,
Caruso Realty, LLC
Bought with:
Angelica M Morales, 17443
Star Realty New Mexico LLC
Source: SWMLS,MLS#: 1078579
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: See Remarks
- Has basement: No
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 sqft
Details
- Parcel number: 102005735704640319
- 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 & neighborhood
Community
- Community features: Storage Facilities
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | -- |
Source:  SWMLS #1078579 Report a problem | ||
| 10/14/2025 | Pending sale | $360,000 |
Source: SWMLS #1078579 Report a problem | ||
| 6/12/2025 | Price change | $360,000-4% |
Source: SWMLS #1078579 Report a problem | ||
| 3/20/2025 | Price change | $375,000-6.3% |
Source: SWMLS #1078579 Report a problem | ||
| 2/19/2025 | Listed for sale | $400,000-5.9% |
Source: SWMLS #1078579 Report a problem | ||
| 10/22/2024 | Listing removed | $425,000 |
Source: SWMLS #1064555 Report a problem | ||
| 7/26/2024 | Price change | $425,000-5.6% |
Source: SWMLS #1064555 Report a problem | ||
| 6/6/2024 | Listed for sale | $450,000 |
Source: SWMLS #1064555 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,481 +3.2% | $58,725 +3% |
| 2024 | $2,406 +1.7% | $57,015 +3% |
| 2023 | $2,365 +146.3% | $55,355 +3% |
| 2022 | $960 +39.6% | $53,743 +3% |
| 2021 | $688 -48.2% | $52,178 +3% |
| 2020 | $1,329 | $50,658 +3% |
| 2019 | -- | $49,183 |
| 2018 | $1,143 -8.2% | $49,183 +3% |
| 2017 | $1,245 +6.5% | $47,751 +6.1% |
| 2016 | $1,170 -97.3% | $45,011 +3% |
| 2015 | $43,700 +4625.4% | $43,700 +3% |
| 2014 | $925 | $42,427 +3% |
| 2013 | $925 | $41,192 |
| 2012 | -- | $41,192 |
| 2011 | -- | $41,192 +3% |
| 2010 | -- | $39,996 -31.1% |
| 2009 | -- | $58,090 +3% |
| 2008 | -- | $56,399 +3% |
| 2007 | -- | $54,756 +3% |
| 2006 | -- | $53,161 +25.2% |
| 2005 | -- | $42,466 |
| 2004 | -- | $42,466 +3% |
| 2003 | -- | $41,230 +3% |
| 2002 | -- | $40,028 +3% |
| 2001 | -- | $38,862 +44.1% |
| 2000 | -- | $26,964 |
Find assessor info on the county website
Neighborhood: South Los Altos
Nearby schools
GreatSchools rating
- 4/10Hawthorne Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Hayes Middle SchoolGrades: 6-8Distance: 1.5 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 3 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87123
- South Los Altos
- 127 Garcia St NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albuquerque Topics
