This property contains twelve studios plus five garages. The property is 100% occupied and the garages are all rented out. The property is located very near UNM and close to Presbyterian & Lovelace Hospitals. Some of the units have been updated and remodeled to suit the modern tenant. Great investment for short term rentals.
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Price Unknown
1320 Dr Martin Luther King Jr Ave NE, Albuquerque, NM 87106
12beds
12baths
--sqft
Multi Family
Built in 1978
-- sqft lot
$747,300 Zestimate®
$--/sqft
$1,291 Estimated rent
Home value
$747,300
$620,000 - $919,000
$1,291/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John Lucero 505-507-9671,
Realty One of New Mexico, LLC
Bought with:
Steven S Etkind, 47333
Signature Real Estate
Gladys I Delgado-Kennedy, 19121
Signature Real Estate
Source: SWMLS,MLS#: 1029716
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range
Features
- Flooring: Laminate
- Has basement: No
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,583 Square Feet
Details
- Parcel number: 101505725441022907
- Zoning description: R-T*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: None
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Storage Facilities
Location
- Region: Albuquerque
Financial & listing details
- Annual tax amount: $1,893
- Date on market: 2/16/2023
- Cumulative days on market: 132 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas, Parking Fee
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2023 | Sold | -- |
Source:  SWMLS #1029716 Report a problem | ||
| 6/28/2023 | Pending sale | $1,200,000 |
Source: SWMLS #1029716 Report a problem | ||
| 5/15/2023 | Price change | $1,200,000-7.7% |
Source: SWMLS #1029716 Report a problem | ||
| 5/3/2023 | Price change | $1,300,000-3.7% |
Source: SWMLS #1029716 Report a problem | ||
| 2/16/2023 | Listed for sale | $1,350,000+38.5% |
Source: SWMLS #1029716 Report a problem | ||
| 11/15/2022 | Sold | -- |
Source: SWMLS #1023710 Report a problem | ||
| 10/11/2022 | Pending sale | $975,000 |
Source: SWMLS #1023710 Report a problem | ||
| 10/9/2022 | Listing removed | -- |
Source: SWMLS #1023710 Report a problem | ||
| 10/2/2022 | Listed for sale | $975,000 |
Source: SWMLS #1023710 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Sycamore
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Nearby schools
GreatSchools rating
- 7/10Monte Vista Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$747,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$747,300
- New Mexico
- Bernalillo County
- Albuquerque
- 87106
- Sycamore
- 1320 Dr Martin Luther King Jr Ave NE
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